7 Lake Hill Way, New Durham, NH, 03855 | $699,900

Amazing opportunity to own this stunning Merrymeeting Lake access home! Why pay waterfront taxes when you can share a beautiful sandy beach, day dock and your own mooring all just a short stroll away. You will love this meticulous open concept Cape ideal for entertaining with cathedral ceilings, hardwood/tile floors and pine walls evoking a sense of rustic charm. The first level features a lovely living room with a nice stone fireplace with a Jotul wood insert, inviting dining area, beautiful stainless and granite kitchen, primary bedroom, bathroom and wonderful covered porch. Upstairs you will find an additional bedroom, bath and a loft with office area and more beds perfect for additional sleeping or utilize it as your primary bedroom suite. Has a 3-bedroom septic. Partially finished full walkout basement with daylight windows, walls, ceiling just waiting for your ideas. The possibilities are endless! Maybe a game or family room. The abutting conservation land not only offers privacy but there are hiking trails and you can snowmobile to Corridor 19! Merrymeeting Lake is known for pristine, crystal clear water. Great fishing! Nearby marina, boat launch, shopping. Approximately 30 minutes to Bank of NH Pavillion, a premier concert venue with nationally known bands, Gunstock Mountain for skiing, tubing, hiking, Mount Major for hiking, Lake Winnipesaukee, restaurants and quaint shops in Wolfeboro. Enjoy all 4 seasons living at the lake! Delayed showings until March 8, 2025.

Features

  • Rooms: 6
  • Bedrooms: 2
  • Baths: 1 full / 1 three-quarter
  • Style: Cape
  • Year Built: 2009
  • Heating: Oil,Baseboard,Hot Water,Multi Zone,Stove - Wood
  • Cooling: None
  • Basement: Daylight,Full,Partially Finished,Stairs - Interior,Walkout,Interior Access
  • Approx Sq. Feet: 1,452
  • Acreage: 1.4
  • Est. Taxes: $5,870
  • Lot Desc: Beach Access,Country Setting,Lake Access,Trail/Near Trail,Walking Trails,Wooded,Abuts Conservation,Near Paths,Near Skiing,Near Snowmobile Trails,Rural
  • Elem. School: New Durham Elementary
  • Middle School: Kingswood Regional Middle Sch
  • High School: Kingswood Regional High School
  • MLS#: 5030755
  • Website: https://www.raveis.com
    /prop/5030755/7lakehillway_newdurham_nh?source=qrflyer
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Listing courtesy of Coldwell Banker Realty Gilford NH   Phone: 603-524-2255
Listing Agent: Robin Dionne

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7 Lake Hill Way, New Durham, NH, 03855

$699,900

Customer Service

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 $559,920 $559,920 $559,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.303% 6.510%
Monthly Tax Payment $489 $489 $489
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,539 $3,772 $4,801
Total Monthly Payment $4,120 $4,353 $5,382

* 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.