264 Old Lake Shore Road, Gilford, NH, New Hampshire, property flyer

264 Old Lake Shore Road, Gilford, NH, 03249 | $800,000

50-acre working farm, est. late 1700's. Property includes approx. 15ac+ hay fields, 10ac+ woodlot, 3. 5ac tilled soil, 10ac+ marsh/wetlands & acre homestead with 1820's barn (33'x100') & antique timber frame house (2br/1ba). Property offers breathtaking views of Mt Washington, Lake Winnipesaukee & White Mountains. Farm owned by only two farming families since the 1800's. Property protected by conservation easement (Society for the Protection of New Hampshire Forests), save homestead with house & barn. Easement only allows forestry, agriculture & residential uses of the property; which includes allowance for 3 residential units within homestead footprint - currently the house (2br/1ba) & 2 efficiency barn apartments (1br/1ba ea. ). Appraised by Town at $875, 000, but taxed at $391, 200 due to conservation. Farm was one of Gilford's first and is still productive both agriculturally & as home to numerous game species. Property in need of attention, with field infrastructure, barn foundation, & house renovation top priorities. A unique property w/ limitless potential, located in the heart of highly sought-after, family-friendly Gilford. Located close to Lake Winnipesaukee, Gunstock Mtn Resort, Meadowbrook concert venue, Weirs, shopping, I-93, White Mountains, NH Seacoast, Laconia, Gilford & Meredith Villages, schools, town beaches. 45 min to Manchester, 1. 5 hr to Boston. Sale includes 1778 Lake Shore Rd parcel.

Features

Rooms: 6
Bedrooms: 2
Baths: 1 full
Style: Cape
Year Built: 1830

Heating: Forced Air,Hot Air,Monitor Type,Stove - Wood
Cooling: Other
Basement: Concrete Floor,Dirt Floor,Finished,Partially Finished,Stairs - Interior,Storage Space,Unfinished
Approx Sq. Feet: 1,500
Acreage: 54

Est. Taxes: $4,000
Lot Desc: Agricultural,Conserved Land,Country Setting,Deed Restricted,Farm,Farm - Horse/Animal,Field/Pasture,Hilly,Lake View,Leased,Major Road Frontage,Mountain View,Pond,Pond Frontage,Pond Site,River Frontage,Rolling,Secluded,Stream,Timber,View,Walking Trails,Water View,Wetlands,Wooded
MLS#: 5010660
Website: https://www.raveis.com
/prop/5010660/264oldlakeshoreroad_gilford_nh?source=qrflyer

This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/19/2024
Listing courtesy of MILLENNIUM REALTY OF SO FL INC Phone: 617-710-9565
Listing Agent: Michael Lissack

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264 Old Lake Shore Road, Gilford, NH, 03249

$800,000

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William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

	5/6 (30 Yr) Adjustable Rate Conforming*	30 Year Fixed-Rate Conforming	15 Year Fixed-Rate Conforming
Loan Amount	$640,000	$640,000	$640,000
Term	360 months	360 months	180 months
Initial Interest Rate**	7.250%	6.990%	6.250%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	7.582%	7.171%	6.518%
Monthly Tax Payment	$333	$333	$333
H/O Insurance Payment	$92	$92	$92
Initial Principal & Interest Pmt	$4,366	$4,254	$5,488
Total Monthly Payment	$4,791	$4,679	$5,913

* 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.