Investor opportunity with immediate income or occupancy and long-term development potential. This rare 11+ acre Lake Winnisquam property includes a move-in ready two-bedroom home, allowing for immediate use while exploring future residential or commercial development options. Set on a private hillside with unobstructed lake views, the property was once home to the historic Terrace Hotel of the early 1900s and now offers a blank canvas for redevelopment, expansion, or a signature project. Conveniently located just minutes from I-93 in Tilton, this offering combines strong location fundamentals, scenic value, and flexible use potentialideal for a private estate, boutique hospitality concept, or destination venue. Referenced acreage includes an abutting parcel on US Route 3; property taxes reflect both parcels. A compelling opportunity to secure lake-view acreage with both present-day utility and future upside.
| MLS # | 5076575 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 2000 |
| Days On Site | 228 |
| Listing Provided By | BHHS Verani Belmont | Mitch Hamel |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | RUR/C |
| Acreage | 11.90 |
| Rooms Total | 6 |
|---|---|
| Cooling | None |
| Heating | Oil, Hot Water |
| Interior Features | Hearth |
| Appliances | Dishwasher, Microwave, Electric Range, Refrigerator |
| Exterior Features | Shed |
|---|---|
| Roof | Asphalt Shingle |
| Construction Materials | Wood Frame, Brick, Wood Siding |
| Foundation Details | Poured Concrete |
| Lot Features | Beach Access, Country Setting, Lake Access, Lake View, Lakes, Major Road Frontage, Mountain View, Open Lot, Sloping, Trail/Near Trail, Views, Water View, Near Golf Course, Near Shopping, Near Skiing, Near Hospital, Near School(s) |
| Garage Yes / No | Yes |
|---|
| Utilities | Cable Available, Phone Available |
|---|---|
| Electric | On-Site |
| Sewer | On-Site Septic Exists, On-Site Septic Needed, Other, Public Sewer at Street, Septic Tank |
| Tax Annual Amount | 15972.72 |
|---|---|
| Tax Block | 025 |
| Tax Lot | 000 |
| Tax Year | 2025 |
| Tax Year Notes | w/parcel 2 |
| State | NH |
|---|---|
| County | Belknap |
| City | Belmont |
| Zip Code | 03220 |
| Area | NH Belknap |
| Listing VS Median (in 03220) | |
Price: $2,499,000 low | high Med: $0 On site: 228 low | high Med: | |
| State | NH |
|---|---|
| County | Belknap |
| City | Belmont |
| Zip Code | 03220 |
| Area | NH Belknap |
| Listing VS Median (in 03220) | |
Price: $2,499,000 low | high Med: $0 On site: 228 low | high Med: | |