32 Terrace Hill Road, Gilford, NH, 03249 | $499,000

Welcome to your perfect year-round retreat! This beautifully renovated 2-bedroom home offers everything you need to relax and enjoy all that Lake Winnipesaukee has to offer. Just a few minute’s walk to water access, this home boasts some of the best lake views, allowing you to soak in the beauty right from your doorstep. As a resident, you'll also have access to the pristine, sugar-sand Gilford Town Beach. The home has been thoughtfully updated with top-notch renovations throughout. The roof, skylights, bedroom windows, and front door have all been replaced. The entire kitchen has been renovated with new stainless steel appliances, a quartz countertop, and a stunning tile backsplash. The bathroom has been fully remodeled for a fresh, modern feel. New flooring runs throughout the house. Mini splits are super efficient also providing AC and the electrical panel has been upgraded. Enjoy this lovely, flat lot with plenty of room for friends and family. The property also has a detached garage and a back deck great for entertaining. With nothing left to do but move in, this home is ready for you to enjoy the upcoming summer and beyond! Excellent rental history!!! About 10 minutes to Gunstock Mountain Resort, 1 hour from Manchester and 1 hr 45 min to Boston. Close to all the Lakes Region has to offer! OPEN HOUSE SUNDAY, March 2nd, 11-1.

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 three-quarter
  • Style: Ranch
  • Year Built: 1945
  • Garage: 1-car Garage
  • Heating: Electric,Mini Split
  • Cooling: Mini Split
  • Basement: Crawl Space,Partial,Sump Pump,Unfinished
  • Approx Sq. Feet: 804
  • Acreage: 0.19
  • Est. Taxes: $3,102
  • Lot Desc: Lake Access,Lake View,Level,Mountain View,Near Skiing
  • Elem. School: Gilford Elementary
  • Middle School: Gilford Middle
  • High School: Gilford High School
  • School District: Gilford Sch District SAU #73
  • MLS#: 5030116
  • Website: https://www.raveis.com
    /prop/5030116/32terracehillroad_gilford_nh?source=qrflyer
©2025 New England Real Estate Network, Inc. All rights reserved.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 4/7/2025

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Lori BartoneSales Associate

860.494.5266

Lori.Bartone@raveis.com

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Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1014636

860.463.1745

Russell.Baboff@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Justin SchunkInsurance Sales Director, William Raveis Insurance

860.966.4966

Justin.Schunk@raveis.com

Our Insurance Division:

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32 Terrace Hill Road, Gilford, NH, 03249

$499,000

Lori Bartone

Sales Associate

William Raveis Real Estate

Phone: 860.494.5266

Lori.Bartone@raveis.com

Russell Baboff

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.463.1745

Russell.Baboff@raveis.com

NMLS Mortgage Loan Originator ID 1014636

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,200 $399,200 $399,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.695% 6.810% 6.026%
Monthly Tax Payment $259 $259 $259
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,298 $2,556 $3,315
Total Monthly Payment $2,631 $2,889 $3,648

* 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.