$9,995,000

About this home

Rare Lakefront Investment Opportunity in Wolfeboro, New Hampshire! Only 2 families have owned and operated this property over 75 years! Welcome to Crescent Lake Inn & Suites, a well-established and highly regarded lakeside retreat offering an exceptional opportunity to own a thriving hospitality business in one of New Hampshire's most coveted four-season destinations. The Crescent Lake Inn features 40 beautifully appointed guest units, each with a private bath, mini kitchenette, sliders to porch/patio and sweeping views overlooking pristine Crescent Lake and the property's expansive, manicured grounds. Also offers managers unit and main office. Guests and owners alike enjoy a stunning sugar-sand beach and an extensive private docking system with 12 dock slips — your gateway to Crescent Lake and access up the Smith River to the open waters of Lake Wentworth. This offering encompasses a total combined 13.19 acres and includes an adjacent 3,600+ square foot home on separate lot has 4 BR Air B & B approvals for overflow, or convert to a residential home, on 1.37 acres and a 4.52-acre waterfront lot (included in acreage) — all graced by an impressive 568 feet of private lake frontage. Whether continuing the Inn's storied legacy or envisioning something entirely new, the scale and versatility of this property are virtually unmatched in the region. Perfectly situated just a short stroll from downtown Wolfeboro — New Hampshire's "Oldest Summer Resort" — owners and guests enjoy walkable access to charming boutiques, acclaimed dining, full-service marinas, and a vibrant calendar of year-round community events, all while savoring the privacy and tranquility of an unparalleled waterfront setting. With its proven track record, significant acreage, exceptional lake frontage, town water/sewer and an address that speaks for itself. Crescent Lake Inn & Suites represents a once-in-a-generation opportunity to acquire one of New Hampshire's premier lakeside destinations.

Highlights

Property details

MLS #

5095465

Property type

Commercial Sale

Subdivision

N/A

Status

Active

Days on market

49

On market date

N/A

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

13.19 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).