About this home
PRICE IMPROVEMENT! The historic Isaac Merrill House presents a unique investment opportunity in the heart of North Conway. 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 Mount Washington Valley workforce housing market. Generating over $212,000 in annual gross income, the property offers immediate cash flow with future upside potential. Seller financing available for qualified buyers. Located on sought-after Kearsarge Road, just minutes from North Conway Village, Cranmore Mountain Resort, Schouler Park, Story Land, shopping, dining, and year-round recreation. The flexible layout offers multiple possibilities for future use, including continued workforce housing, group lodging, boutique inn operations, or potential conversion back to a bed & breakfast, subject to local approvals. Showings by appointment only to accommodate current residents.
Listing last checked: Listing updated:
Listed by Pamela Adami · Keller Williams Coastal and Lakes & Mountains Realty · MLS #73486281
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Details at a glance
Interior5 property facts
- Rooms
- 17
- Heating
- Electric, Radiant
- Flooring
- Wood, Carpet
- Basement
- Yes · Partial, Interior Entry, Concrete, Unfinished
- Fireplaces
- 2
Building5 property facts
- Style
- 5+ Family - Rooming House
- Year built
- 1773
- Parking
- 16
- Foundation
- Granite
- 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.
More property insights
Automated value estimate $1,312,357
Estimated range $1,175,216–$1,449,499.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: below average
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About 720 Kearsarge
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Request a tour of 720 Kearsarge 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.
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