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Residential Income at 291 N Endicott Street, Laconia
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56 photos

$3,650,000

291 N Endicott Street
Laconia, NH 03246
Listed by Shannon L Casey · KW Coastal and Lakes & Mountains Realty/Meredith
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1850

About this home

An iconic presence in the heart of the Lakes Region, Grand View Resort operates at full strength with consistent maximum occupancy, a testament to its reputation, premier location, and loyal guest following. This is more than a property purchase; it’s the acquisition of a thriving, turnkey hospitality business with proven performance, positioned along a high-visibility corridor with strong traffic counts between Laconia and Weirs Beach. Set on approximately 3± level acres, the immaculately maintained compound has undergone substantial renovations in recent years. The 12-unit hotel was taken down to the studs and thoughtfully rebuilt, offering the feel and efficiency of new construction while preserving classic Lakes Region charm. Two end suites feature full kitchens and private decks, perfect for sunrise coffee or golden hour lake views. The motel also includes a 2-car under garage for added convenience and operations. The 10-bedroom main house, complete with an office, offers exceptional flexibility, ideal as an owner’s suite, additional rental income, or a boutique hospitality experience with a historic bed-and-breakfast feel. The main living area showcases multi-million-dollar views of Lake Winnipesaukee, creating an unforgettable setting. Eight charming cottages and two beautifully renovated cabins blend character with modern comforts, offering a diverse mix of accommodations that keep guests returning year after year. The setting is nothing short of spectacular, with sweeping views from the Broads to Mount Chocorua and front-row seats to watch the MS Mount Washington pass by. Guests enjoy an Olympic-sized heated saltwater pool and patio overlooking lake and mountain vistas that define the New Hampshire experience. With extensive updates complete and a strong operational foundation, this is a rare opportunity to step into a flourishing business in one of the region’s most recognizable destinations, reimagined, revitalized, and ready for its next chapter.

Property details

MLS #
5082106
Property type
Residential Income
Subdivision
Grandview Resort
Status
Active
Days on market
133
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
2
Parking spaces
N/A
Lot size
3 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Elm Street School
3.49 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
261
Student:teacher ratio
11.3:1
District
Laconia School District
Middle
Inter-Lakes Middle School
4.24 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
141
Student:teacher ratio
10.8:1
District
Inter-lakes School District
High
Inter-Lakes High School
4.24 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
293
Student:teacher ratio
10.5:1
District
Inter-lakes School District

Mortgage calculator

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Est. monthly payment
$22,131/mo
$730,000 down
$2,920,000 loan
Principal & interest$18,939
Property tax (est.)$3,042
Home insurance (est.)$150

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