About this home
PRICE IMPROVEMENT! Located along Kearsarge Road in North Conway, the historic Isaac Merrill House offers a rare blend of Mount Washington Valley history, income potential, and future opportunity. Originally established in 1773 and long operated as a well-known bed & breakfast, the property is currently configured as a 17-room extended-stay rental property serving the area's workforce housing market. Generating over $212,000 in annual gross rental income, the property offers immediate cash flow with additional upside potential. Seller financing available for qualified buyers. Just minutes from Cranmore Mountain Resort, Story Land, Schouler Park, and North Conway Village, the location places residents and guests in the center of the valley's year-round recreation and activity. Continue the current rental model or explore future possibilities including group lodging, boutique inn operations, or reestablishing the property as a bed & breakfast, subject to local approvals. Showings scheduled in advance to accommodate current residents.
Listing last checked: Listing updated:
Listed by Pamela B Adami, Rick Adami · KW Coastal and Lakes & Mountains Realty/N Conway · MLS #5079041
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Details at a glance
Interior2 property facts
- Heating
- Electric, Propane, Oil
- Basement
- Not reported
Building3 property facts
- Style
- Other
- Year built
- 1773
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 0.61 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- RA
Financial2 property facts
- Annual taxes
- $11,681
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $1,200,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$7,041 / monthAdjust
- Principal & interest
- $6,068
- Property tax
- $973
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $11,681. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 720 Kearsarge Road
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Request a tour of 720 Kearsarge Road and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
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