Commercial Sale at 435 South Mayhew Turnpike, Hebron
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 2 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 3 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 4 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 5 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 6 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 7 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 8 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 9 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 10 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 11 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 12 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 13 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 14 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 15 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 16 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 17 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 18 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 19 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 20 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 21 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 22 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 23 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 24 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 25 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 26 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 27 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 28 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 29 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 30 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 31 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 32 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 33 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 34 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 35 of 36
Commercial Sale at 435 South Mayhew Turnpike, Hebron, photo 36 of 36
36 photos

$2,595,000

435 South Mayhew Turnpike
Hebron, NH 03241
Listed by Adam Dow · KW Coastal and Lakes & Mountains Realty/Wolfeboro
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1957

About this home

Introducing The Kelby Motel - a fully reimagined 10-unit boutique motel, with deeded lake access sits on 19.5 acres overlooking the crystal-clear waters of Newfound Lake in the heart of New Hampshire’s Lakes Region. Framed by sweeping mountain views at the foothills of the White Mountains, The Kelby offers a rare combination of pristine natural surroundings, elevated design, and scalable investment potential. Current ownership executed a comprehensive transformation, rebuilding and expanding the property with a focus on durability, operational efficiency, and elevated guest experience. The 10 redesigned guest rooms, curated lounge, and full coffee shop showcase a refined Nordic-inspired aesthetic, truly a design-forward hospitality concept that resonates with today’s lifestyle traveler. In just two seasons, The Kelby has established itself as a sought-after boutique destination with proven demand and consistent year-over-year growth. The property is fully turnkey, providing immediate operational continuity for investors and entrepreneurs while preserving significant upside. With 19.5 acres, the opportunity extends well beyond the existing improvements. Year-round demand is driven by premier summer recreation on Newfound Lake, renowned fall foliage, and convenient access to hiking, boating, and winter sports. More than a motel, The Kelby is a thoughtfully built hospitality platform positioned within one of New England’s most supply-constrained lake markets ...... a rare and compelling commercial opportunity with both lifestyle appeal and long-term real estate fundamentals.

Property details

MLS #
5077456
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
168
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
19.5 acres
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Bridgewater-Hebron Village School
2.35 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
143
Student:teacher ratio
15.9:1
District
Newfound Area School District
Middle
Newfound Memorial Middle School
5.74 mi away · Grades 6-8
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
260
Student:teacher ratio
9.6:1
District
Newfound Area School District
High
Newfound Regional High School
6.26 mi away · Grades 9-13
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
411
Student:teacher ratio
13.3:1
District
Newfound Area School District

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$15,777/mo
$519,000 down
$2,076,000 loan
Principal & interest$13,465
Property tax (est.)$2,163
Home insurance (est.)$150

Similar homes you might like

Prime MLS logo

Copyright 2026 PrimeMLS. 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 PrimeMLS. 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 06/08/26.