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  • Listed by: KW Coastal and Lakes & Mountains Realty/Wolfeboro • Adam Dow
    $2,595,000

    435 South Mayhew Turnpike, Hebron, NH 03241

    10beds
    4,892sqft
    : 
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    Single Family Residence
    Built in 1957
    19.5 Acres Lot
    $-- Zestimate®
    $530/sqft
    $-- HOA

    What's special

    Deeded newfound lake accessWelcoming loungeNewly installed greenhouse
    Introducing The Kelby Motel, a fully reimagined 10-room boutique property with deeded Newfound Lake access, set on 19.5 acres in the heart of New Hampshire’s Lakes Region. Overlooking the crystal-clear waters of Newfound Lake and framed by mountain views at the foothills of the White Mountains, this unique property offers an exceptional blend of hospitality, recreation, and future opportunity. Current ownership has completed a comprehensive transformation of the property, including new infrastructure for septic, electrical, and plumbing. While also creating a design-forward destination featuring 10 thoughtfully reimagined guest rooms, a welcoming lounge, and a full coffee shop inspired by modern Nordic aesthetics. In just two seasons, The Kelby has established a strong market presence with proven demand and consistent growth. Being offered fully turnkey, the sale includes furnishings, fixtures, equipment, the newly installed greenhouse, and a side-by-side utility vehicle, allowing for a seamless transition to new ownership. Beyond its successful hospitality operation, the property's 19.5 acres and 10-room layout provide endless possibilities for expanded uses....think future development opportunities, family retreat, events, lodging, or other creative ventures, subject to local approvals. Year-round appeal is driven by Newfound Lake recreation, fall foliage, hiking, boating, and winter activities, making The Kelby is a rare opportunity to acquire a beautifully renovated property with established income, exceptional amenities, and significant upside potential in one of New England’s most sought-after lake destinations."
    34 days
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    2,097
    |
    98
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    Zillow last checked:

    Listing updated:

    Listed by:

    Adam Dow,

    KW Coastal and Lakes & Mountains Realty/Wolfeboro Phone:866-525-3946

    Source: PrimeMLS,MLS#: 5093361MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 10
      • Full bathrooms: 10
      Heating
      • Propane, Electric, Wall Furnace, Mini Split
      Cooling
      • Mini Split
      Features
      • Has basement: No
      Interior area
      • Total structure area: 4,892
      • Total interior livable area: 4,892 sqft
      • Finished area above ground: 4,892
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Gravel
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Has view: Yes
      • View description: Water, Lake, Mountain(s)
      • Has water view: Yes
      • Water view: Water,Lake
      • Waterfront features: Lake Access, Lakes
      • Body of water: Newfound Lake
      • Frontage length: Road frontage: 175
      Lot
      • Size: 19.5 Acres
      • Features: Major Road Frontage, Near Skiing, Near Snowmobile Trails
      Details
      • Zoning description: 04-Lake District

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Concrete
      • Roof: Shingle,Asphalt Shingle
      Condition
      • New construction: No
      • Year built: 1957

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Septic Tank
      • Utilities for property: Propane

      Community & HOA

      Community
      • Subdivision: The Kelby
      HOA
      • Amenities included: Beach Access, Beach Rights
      Location
      • Region: Hebron

      Financial & listing details

      • Price per square foot: $530/sqft
      • Annual tax amount: $5,623
      • Date on market: 6/8/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/8/2026Listed for sale$2,595,000+767.9%$530/sqft
        Source: PrimeMLS #5093361 Report a problem
        12/1/2012Listing removed$299,000$61/sqft
        Source: CENTURY 21 Country Lakes Realty, Inc. #4148025 Report a problem
        9/5/2012Pending sale$299,000$61/sqft
        Source: CENTURY 21 Country Lakes Realty, Inc. #4148025 Report a problem
        8/14/2012Price change$299,000-14.6%$61/sqft
        Source: CENTURY 21 Country Lakes Realty, Inc. #4148025 Report a problem
        4/25/2012Listed for sale$349,999-26.3%$72/sqft
        Source: CENTURY 21 Country Lakes Realty, Inc. #4148025 Report a problem
        8/2/2011Listing removed$475,000$97/sqft
        Source: Country Lakes Realty, Inc. #2836614 Report a problem
        2/5/2011Listed for sale$475,000$97/sqft
        Source: CENTURY 21 Country Lakes Realty, Inc. #2836614 Report a problem
        10/29/2010Listing removed$475,000$97/sqft
        Source: CENTURY 21 Country Lakes Realty, Inc. #2836614 Report a problem
        7/17/2010Price change$475,000-9.5%$97/sqft
        Source: CENTURY 21 Country Lakes Realty, Inc. #2836614 Report a problem
        5/22/2010Listed for sale$525,000$107/sqft
        Source: Century 21 Country Lakes Realty #2836614 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 03241

        Getting around

        0 / 100
        Car-Dependent
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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