2 W Province Road, Newbury, NH, 03255 | $1,150,000

Discover this unique and versatile three-acre property located a short walk to the entrance of both Mount and Lake Sunapee State Parks and less than a mile to the lifts, offering unparalleled opportunities for boating, swimming, sunbathing on the beach, and superior skiing right next door. Perfectly positioned to attract both winter and summer tourism, and just under two hours from Boston, MA, this rare gem features a picturesque babbling brook wrapping around the back perimeter of the property, creating a serene landscape. The property offers flexible residential and commercial use with nine available parking spaces. The main house boasts three levels with some bedrooms equipped with mini splits for heating and cooling, while others are heated and cooled via propane or electricity. All bedrooms come with ensuite bathrooms, two of which include spa tubs. Recent renovations ensure all buildings are modern and efficient, with the oldest being just eight years old and roofs between two to six years old. A newly installed septic system, serviced a year ago, and two natural wood-burning fireplaces add to the property’s charm and functionality. Nestled at the base of Mount Sunapee and central to year-round tourism, this property is an exceptional opportunity not to be missed.

Features

  • Property Type: Business,Hospitality,Investment,Multi-Family,Opportunity,Retail
  • Parking: On-Site,Parking Spaces 6+
  • Units: 4
  • Zoning: BUSINE
  • Frontage: 138
  • Year Built: 2016
  • Approx Sq. Feet: 3,538
  • Acreage: 1.98
  • Est. Taxes: $6,265
  • MLS#: 5008305
  • Website: https://www.raveis.com
    /prop/5008305/2wprovinceroad_newbury_nh?source=qrflyer
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Listing courtesy of Dolan Real Estate   Phone: 603-763-6033
Listing Agent: Jessica & Anthony Dolan

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2 W Province Road, Newbury, NH, 03255

$1,150,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $920,000 $920,000 $920,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment $522 $522 $522
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,939 $5,442 $7,578
Total Monthly Payment $5,586 $6,089 $8,225

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.