No photos available for this listing

$1,250,000

720 Kearsarge, Conway NH 03860

Conway, NH 03860

Listed by Pamela Adami

Bedrooms

Bathrooms

Living area

7,800 sqft

Year built

1773

About this home

PRICE IMPROVEMENT! The historic Isaac Merrill House presents a unique investment opportunity in the heart of North Conway. Originally established in 1773 and long operated as a well-known bed & breakfast, the property is currently configured as a 17-room extended-stay rental property serving the Mount Washington Valley workforce housing market. Generating over $212,000 in annual gross income, the property offers immediate cash flow with future upside potential. Seller financing available for qualified buyers. Located on sought-after Kearsarge Road, just minutes from North Conway Village, Cranmore Mountain Resort, Schouler Park, Story Land, shopping, dining, and year-round recreation. The flexible layout offers multiple possibilities for future use, including continued workforce housing, group lodging, boutique inn operations, or potential conversion back to a bed & breakfast, subject to local approvals. Showings by appointment only to accommodate current residents.

Highlights

ViewFireplace

Property details

MLS #: 73486281
Property type: 5+ Family - Rooming House
Subdivision: N/A
Status: Active
Days on market: N/A
On market date: N/A
Stories: 2
Garage spaces: N/A
Lot size: 0.61 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary

John H. Fuller School

0.86 mi away · Grades 0-6

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: 160
Student:teacher ratio: 8.9:1
District: Conway School District

Middle

A. Crosby Kennett Middle School

6.09 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: 229
Student:teacher ratio: 9.2:1
District: Conway School District

High

Kennett High School

4.4 mi away · Grades 9-13

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: 726
Student:teacher ratio: 11.7:1
District: Conway School District

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Est. monthly payment

$7,678/mo

$250,000 down

$1,000,000 loan

Principal & interest$6,486

Property tax (est.)$1,042

Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 2, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.