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Active
$1,500,000
4beds
4,776sqft

1955 Presidential Highway, Jefferson, NH 03583

4beds
4,776sqft
Single Family Residence
Built in 1937
31.47 Acres Lot
$314/sqft

What's special

Ample on-site parkingGift shopPersonal living quartersWelcoming dining area

Live where you work, Love where you live!! Turnkey opportunity to own a beloved White Mountains destination while enjoying the lifestyle of living where you work at the iconic Water Wheel Breakfast & Gift House in Jefferson. Ideally located on busy Route 2 / Presidential Highway with beautiful views of Mount Washington, this long-established breakfast restaurant and gift shop has welcomed locals and travelers for generations. Built with the vision of becoming more than just a place to stop, Water Wheel has become a true destination where memories are made, traditions begin, and guests return year after year. Known for hearty homemade breakfasts, generous portions, New Hampshire-made gifts, homemade fudge, and genuine hospitality, Water Wheel has earned a special place in the hearts of both locals and visitors alike. Whether guests are beginning a day hiking Mount Washington, heading to nearby ski areas, exploring snowmobile trails, or taking in the scenic beauty of the White Mountains, Water Wheel has long been a must-visit stop along the way. This high-visibility location benefits from strong year-round tourism and proximity to many of New Hampshire’s most sought-after outdoor attractions, creating exceptional exposure for an owner-operator or investor seeking an established and well-loved business. The property features a welcoming dining area, gift shop, ample on-site parking, and personal living quarters—offering the rare opportunity to seamlessly combine business ownership with the convenience and lifestyle of living on-site in the heart of the White Mountains. More than just a restaurant and gift shop, Water Wheel represents the opportunity to build a life where work, home, community, and lifestyle come together. Continue the legacy or bring your own vision to this special property that has become part of the fabric of the community—where neighbors gather, travelers return, and lasting memories are made.

189 days
418
22
Source: PrimeMLS,MLS#: 5087162MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Jodie Boutwell,

BHHS Verani Bedford Phone:603-369-1403

Source: PrimeMLS,MLS#: 5087162MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 1
  • 1/2 bathrooms: 3
Heating
  • Oil, Wood, Hot Water, Wood Stove
Cooling
  • Other
Appliances
  • Included: Dishwasher, Dryer, Range Hood, Washer, Gas Stove, Stand Alone Ice Maker, Water Heater
  • Laundry: Laundry Hook-ups
Features
  • Ceiling Fan(s), Dining Area, Kitchen/Family, Natural Woodwork, Walk-in Pantry
  • Flooring: Carpet, Laminate, Wood
  • Windows: Blinds
  • Basement: Unfinished,Interior Entry
  • Fireplace features: Wood Stove Hook-up
  • Furnished: Yes
Interior area
  • Total structure area: 5,096
  • Total interior livable area: 4,776 sqft
  • Finished area above ground: 4,776
  • Finished area below ground: 0
Video & virtual tour

Property

Parking
  • Total spaces: 21
  • Parking features: Gravel, Paved, Off Street, Other, Parking Spaces 21+
  • Garage spaces: 4
Features
  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered Porch
  • Exterior features: Building, Deck
  • Has view: Yes
  • View description: Mountain(s)
Lot
  • Size: 31.47 Acres
  • Features: Country Setting, Major Road Frontage, Other, Trail/Near Trail, Near Snowmobile Trails, Near ATV Trail
Details
  • Additional structures: Outbuilding
  • Parcel number: JEFFM00021B000019L000000
  • Zoning description: comm/IND

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Other
  • Property subtype: Single Family Residence
Materials
  • Wood Siding
  • Foundation: Stone
  • Roof: Metal
Condition
  • New construction: No
  • Year built: 1937

Utilities & green energy

  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Utilities for property: Other

Community & HOA

Location
  • Region: Jefferson

Financial & listing details

  • Price per square foot: $314/sqft
  • Tax assessed value: $1,580
  • Annual tax amount: $8,143
  • Date on market: 5/5/2026
  • Exclusions: Some personal item/furniture. All restaurant and giftshop items convey.
  • Road surface type: Paved

Price history

DateEventPrice
5/5/2026Listed for sale$1,500,000-14.3%$314/sqft
Source: PrimeMLS #5087162 Report a problem
3/6/2025Listing removed$1,750,000$366/sqft
Source: PrimeMLS #4987267 Report a problem
3/7/2024Listed for sale$1,750,000$366/sqft
Source: PrimeMLS #4987267 Report a problem

Public tax history

YearProperty taxesTax assessment
2024$28 $1,580
2023$28 -3.4%$1,580
2022$29 +16%$1,580 +10.5%
2021$25 -16.7%$1,430 +6.3%
2020$30 $1,345 +0.2%
2019$30 +20%$1,342 +14.9%
2018$25 $1,168 -2.9%
2017$25 +19%$1,203 +19.1%
2016$21 -4.5%$1,010 -6.6%
2015$22 $1,081
2014$22 -4.3%$1,081 -5.8%
2013$23 +53.3%$1,147 +56.1%
2012$15 -40%$735 -46.4%
2011$25 +8.7%$1,370 -4.7%
2010$23 $1,437 -1.6%
2009$23 $1,461
Find assessor info on the county website

Monthly payment

Est. payment
$10,323/mo
Principal & interest
$7735
Property taxes
$2588
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 03583

Nearby schools

Whitefield Elementary School
Grades PK-8 • 10.5 miles
4/10
GreatSchools® Rating
Test Score Rating
2/10
Student Progress Rating
6/10
White Mountains Regional High School
Grades 9-12 • 10.9 miles
3/10
GreatSchools® Rating
College Readiness Rating
3/10
Lancaster Elementary School
Grades PK-8 • 13.2 miles
6/10
GreatSchools® Rating
Test Score Rating
4/10
Student Progress Rating
7/10