291 Endicott St Laconia, NH 03246
- Investment properties
- 2,616 SF
- 3.00 lot acres
Current Use by Public Records
- RCI / Villa
- Grand View Resort / Hotel / Cottage Rental
Property Details for 291 Endicott St
- Year built
- 1972
- Construction
- FRAME
- Lot size
- 3.00 lot acres
- Property size
- 2,616 SF
- Zone code
- CR
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- LACO M:144 B:252 L:4
- APU
- LACOM144B252L4
Description
This exceptional turnkey resort property, nestled in the heart of New Hampshire's Lakes Region, offers breathtaking panoramic views of Lake Winnipesaukee and the surrounding mountains. The 3-acre property boasts 10 meticulously maintained cottages and 12 motel units, all recently renovated or replaced, ensuring a consistently high standard of accommodation. The resort is a proven success, enjoying repeat clientele from Memorial Day to Columbus Day, demonstrating strong seasonal revenue potential. Beyond the guest accommodations, the property includes comfortable owner's quarters and separate quarters for hired help, streamlining operations. Guests and owners alike can enjoy the expansive grounds, featuring an oversized granite pool, multiple fire pit areas perfect for evening gatherings, and a wraparound porch ideal for relaxing and taking in the stunning scenery. The resort's prime location offers easy access to a variety of attractions, including Gunstock Ski Resort, the Bank of New Hampshire Meadowbrook Concert Pavilion, Weirs Beach, shopping malls, and numerous restaurants. This is a rare opportunity to acquire a well-established, high-performing resort with significant growth potential in a highly desirable tourist destination. The property's traditional, historic charm combined with modern amenities creates a truly unique and appealing offering. The current owners have established a legacy of providing exceptional hospitality, setting a high standard for future operators. This is more than just a business
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Laconia
- County
- Belknap
- State
- New Hampshire
- Longitude
- -71.467
- Latitude
- 43.608
- CBSA code
- 29060
- CBSA name
- LACONIA, NH MICROPOLITAN STATISTICAL AREA