For sale

Price cut: $50K (5/29)

$1,250,000

720 Kearsarge Rd, North Conway, NH 03860

17beds

7,800sqft

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5+ Family - Rooming House

Built in 1773

-- sqft lot

$1,161,900 Zestimate^®

$160/sqft

$-- HOA

What's special

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.

97 days

748

32

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 17
Bathrooms: 17
Full bathrooms: 17

Heating

Electric, Radiant

Appliances

Included: Refrigerator

Features

Bathroom with Shower Stall, Living RM/Dining RM Combo
Flooring: Wood, Carpet
Basement: Partial,Interior Entry,Concrete,Unfinished
Number of fireplaces: 2

Interior area

Total structure area: 7,800
Total interior livable area: 7,800 sqft
Finished area above ground: 7,800
Finished area below ground: 0

Property

Parking

Total spaces: 16
Parking features: Off Street, Common, Unpaved
Uncovered spaces: 16

Features

Patio & porch: Porch, Deck
Exterior features: Balcony
Has view: Yes
View description: Scenic View(s)
Frontage length: 125.00

Lot

Size: 0.61 Acres
Features: Level

Details

Parcel number: 894015
Zoning: RA

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - Rooming House

Materials

Frame
Foundation: Granite
Roof: Shingle

Condition

Year built: 1773

Utilities & green energy

Electric: Circuit Breakers, 200+ Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range, for Electric Oven

Community & HOA

Community

Features: Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Public School

Location

Region: North Conway

Financial & listing details

Price per square foot: $160/sqft
Tax assessed value: $1,018,400
Annual tax amount: $11,681
Date on market: 3/12/2026
Listing terms: Contract
Exclusions: Personal Property Of Tenants Is Excluded. Only Seller-Owned Property Will Convey.
Total actual rent: 17814
Road surface type: Paved

Estimated market value

$1,161,900

$1.10M - $1.22M

$1,719/mo

Price history

Date	Event	Price
5/29/2026	Price change	$1,250,000-3.8%$160/sqft
Source: MLS PIN #73486281 Report a problem
3/12/2026	Listed for sale	$1,300,000+32.7%$167/sqft
Source: MLS PIN #73486281 Report a problem
11/17/2021	Sold	$980,000-6.2%$126/sqft
Source: MLS PIN #72875403 Report a problem
8/30/2021	Listed for sale	$1,045,000-8.7%$134/sqft
Source: PrimeMLS #4751841 Report a problem
6/5/2020	Listing removed	$1,145,000$147/sqft
Source: Coldwell Banker LIFESTYLES- Conway #4751841 Report a problem
5/20/2020	Price change	$1,145,000-4.2%$147/sqft
Source: Coldwell Banker LIFESTYLES- Conway #4751841 Report a problem
5/15/2019	Listed for sale	$1,195,000-4.4%$153/sqft
Source: Coldwell Banker Wright Realty #4751841 Report a problem
9/23/2018	Listing removed	$1,250,000$160/sqft
Source: Michael S. Trabulsie #72333616 Report a problem
5/30/2018	Listed for sale	$1,250,000+133.6%$160/sqft
Source: Michael S. Trabulsie #72333616 Report a problem
5/25/2018	Listing removed	$1,450
Source: Owner Report a problem
5/24/2018	Listed for rent	$1,450
Source: Owner Report a problem
10/3/2016	Listing removed	$535,000$69/sqft
Source: Owner Report a problem
7/5/2016	Price change	$535,000-7%$69/sqft
Source: Owner Report a problem
3/9/2016	Listed for sale	$575,000$74/sqft
Source: Owner Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

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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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