Lake Winnipesaukee Waterfront Market Update | February 2025

February was a quiet month for privately owned waterfront property sales on Lake Winnipesaukee, with just two closings recorded.

Top Sale: 11 Quimby Road, Meredith NH

The highest sale of the month was our Lake Life Realty listing at 11 Quimby Road in Meredith, closing at $2,125,000. This incredible waterfront compound offered grandfathered features rarely found on the lake today—most notably a docking system supporting 5+ boat slips, along with multiple cottages on the property that had been in the same family for generations.

Whether the new owners choose to remodel or rebuild, it’s going to be exciting to see how they breathe new life into this special piece of Lake Winnipesaukee real estate!

Second Sale: Alton NH Waterfront Home

The second sale took place in Alton, NH, where a waterfront property that had also been in the same family for over 70 years closed after 40 days on the market. This property was positioned as a renovation opportunity, and it ultimately closed for $255,000 below the original asking price.

Lake Winnipesaukee Market Trends

Both sales highlight a wider range in list-to-sale price ratios, as these homes spent 40 days and 125 days on the market, respectively. Properties in need of renovation or rebuild potential tend to see more negotiation and longer days on market, offering opportunities for buyers ready to take on a project.

Lake Winnipesaukee Real Estate Market Update | March 24, 2025

As of today, March 24, 2025, there are 29 privately owned Lake Winnipesaukee properties either active or under contract. The lowest priced property currently on the market is listed at $922,000. This home has been a rental for the past few years and is located in Rand Cove, a no-wake zone. Accessing the main lake from this cove requires passing under Route 11, where the bridge height clearance is 8 feet, which is important for boaters to consider.

Inventory Updates

We’re starting to see several properties that expired at the end of last year coming back on the market. Some have returned at the same price points, while others have adjusted to more competitive and realistic pricing, contributing to the current increase in inventory on Lake Winnipesaukee.

New To-Be-Built Waterfront Listing: 7 Flint Drive

A standout listing recently hit the market—7 Flint Drive, a to-be-built home by Cargill Construction, and it’s already turning heads. Many are asking whether the renderings are photos or digital designs because they’re that realistic! But what makes this opportunity truly unique is the pricing transparency.

Unlike many to-be-built properties, which are often listed at unrealistic base prices with low allowances for key finish selections (flooring, lighting, appliances, fixtures, landscaping), this home is being marketed with accurate pricing that reflects the true cost to build at the level of quality and design today’s luxury waterfront buyers expect.

What Makes 7 Flint Drive Different

This project is being facilitated by Brie Stephens, broker/owner of Lake Life Realty, and was carefully designed based on the most common buyer wants and needs for Lake Winnipesaukee waterfront homes. Not only does the design check the boxes, but so does the location, offering features that are always in high demand:

    • Southwest exposure for all-day sun

    • Level lot for easy access and usability

    • Sandy walk-in beach—perfect for swimming and families

    • Boat house for protected docking and storage

This home represents a rare opportunity for a turn-key luxury build that aligns with market expectations, without the surprise costs that often come with new construction.

In Summary

The Lake Winnipesaukee real estate market is seeing more inventory returning, including renovation opportunities, turn-key homes, and custom builds like 7 Flint Drive. Whether you’re buying or selling, it’s critical to have a team that understands current market conditions, buyer expectations, and the nuances of waterfront living.

Thinking About Buying or Selling on Lake Winnipesaukee?

Lake Life Realty specializes in Lake Winnipesaukee waterfront properties. Whether you’re looking for a legacy property, turn-key home, or custom build opportunity, we can help you navigate the market and find the right fit.

Contact us today to learn more or schedule a consultation!