Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Wooded HOA Home Lot Title is generated by Realmo AI

    Shepards/Garnet Mountain Road, Bethlehem, NH 03574

    View on Map
    Claim this Listing
    For Sale
    $75,000

    LAND - Bethlehem, NH

    Lot size:
    1.84 Acres
    Added:
    Apr 10, 2026
    Days on Market:
    56
    Last Refresh:
    Jun 4 at 6:06 am

    Property Features for Shepards/Garnet Mountain Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    District II
    Standard status
    Active
    Lot size
    1.84 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    385

    We can help!

    Listing Contact
    Vespar Duffy

    Listing agent Vespar Duffy

    Listing office Badger Peabody & Smith Realty 383 Main St., Franconia, NH

    Listing date Apr 10, 2026

    MLS# 5083019 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • +/- 1.84‑acre wooded parcel on Shepards Run in Bethlehem, NH
    • Located just off Garnet Mountain Road
    • Situated in a small, well‑maintained HOA community
    • Property is in the White Mountains region, close to skiing, hiking, golf, and local trails
    • Short drive to local shops, restaurants, and everyday amenities; nearby Littleton for services and healthcare

    Overview

    This listing presents a residential home lot in a maintained HOA community, offering a wooded setting suitable for building a primary residence or a getaway retreat. The parcel is approximately 1.84 acres and is being offered as land only, with the opportunity to plan and construct the home that fits your needs. Zoning is identified as District II.

    Located on Shepards Run, just off Garnet Mountain Road, the property is situated in scenic Bethlehem, New Hampshire in the White Mountains region. The surrounding area supports year-round outdoor recreation, and the listing notes proximity to local shops, restaurants, and everyday amenities, with additional services available in nearby Littleton.

    For buyers seeking Northern New Hampshire land to develop, this parcel provides a manageable size within an HOA-managed environment and a wooded backdrop for a future home build. It may also fit owners looking for a vacation home site, given the recreational access described in the offering. As land only, potential buyers should confirm site conditions, building requirements, and any HOA rules directly as part of their due diligence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Bethlehem
    County
    Grafton
    State
    New Hampshire
    Longitude
    -71.7303453
    Latitude
    44.2564404

    Nearby Similar for Sale

    • $599,000
      3,810 SF

      8-Plex Apartment Building with Metal Roof

      For-sale 8-plex with five units in the main building and a detached three-unit structure, sold as-is.
      56 Church Street, Bethlehem, NH 03574
      View Details
    • $695,000

      Iconic Restaurant and Bar Opportunity

      Turnkey restaurant and bar for sale in Bethlehem, NH.
      2312 Main Street, Bethlehem, NH 03574
      View Details
    • $599,000

      Bethlehem NH 8-Plex Value-Add

      8-unit multifamily property with value-add potential in Bethlehem, NH.
      56 Church Street, Bethlehem, NH 03574
      View Details
    • $165,000

      Bethlehem Land with Mountain Views

      1+ acre lot ready for your dream home!
      327 South Road, Bethlehem, NH 03574
      View Details
    • $450,000
      2,256 SF

      Four-Unit Quadplex with Metal Roof

      Four-unit quadplex at 123 Agassiz Street with multiple recent capital improvements, including a new metal roof.
      123 Agassiz Street, Bethlehem, NH 03574
      View Details
    • $450,000

      Bethlehem NH Repositioning Opportunity

      High-yield 4-unit property with significant capital improvements.
      123 Agassiz Street, Bethlehem, NH 03574
      View Details
    • $5,900,000

      Bethlehem Warehouse and Distribution Center

      84,000 SF warehouse with income and expansion potential.
      1014 Profile Road, Bethlehem, NH 03574
      View Details
    • $130,000

      Bethlehem Land in White Mountains

      11.12 acres in the heart of the White Mountains.
      Lot 204-1.1 Main Street, Bethlehem, NH 03574
      View Details
    • $199,000

      Scenic White Mountain Waterfront Land

      1.95 acre land with 65 feet of river frontage.
      5 Wing Road, Bethlehem, NH 03574
      View Details
    • $75,000

      Land in Bethlehem, NH

      Land with town water and sewer access in Bethlehem, NH.
      7 James Street, Bethlehem, NH 03574
      View Details
    • $695,000

      Iconic Restaurant and Bar For Sale

      Turnkey restaurant and bar in Bethlehem, NH with outdoor seating.
      2312 Main St, Bethlehem, NH 03574
      View Details
    • $149,000

      Picturesque Land with Mountain Views

      2-acre lot in Bethlehem, NH with mountain views.
      Ridge Road lot: 41, Bethlehem, NH 03574
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Build-ready residential land within a maintained HOA community, offering a private, wooded setting near Bethlehem area amenities.
    Where is this residential land & home lot located?
    The property is located at Shepards/Garnet Mountain Road Bethlehem, NH.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: +/- 1.84‑acre wooded parcel on Shepards Run in Bethlehem, NH; Located just off Garnet Mountain Road; Situated in a small, well‑maintained HOA community
    (603) 444-1294
    We can help!
    Listing Contact
    Vespar Duffy
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Shepards/Garnet Mountain Road, Bethlehem, NH 03574
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!