720 Kearsarge Road, Conway, NH 03860

$1,250,000
Property Type: Commercial Square Footage: 7,800 Lot Size (sq. ft.): 26,572 Status: Active
Current Price: $1,250,000 List Date: 3/12/2026 Last Modified: 5/29/2026

Overview

Description

PRICE IMPROVEMENT! Located along Kearsarge Road in North Conway, the historic Isaac Merrill House offers a rare blend of Mount Washington Valley history, income potential, and future opportunity. 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 area's workforce housing market. Generating over $212,000 in annual gross rental income, the property offers immediate cash flow with additional upside potential. Seller financing available for qualified buyers. Just minutes from Cranmore Mountain Resort, Story Land, Schouler Park, and North Conway Village, the location places residents and guests in the center of the valley's year-round recreation and activity. Continue the current rental model or explore future possibilities including group lodging, boutique inn operations, or reestablishing the property as a bed & breakfast, subject to local approvals. Showings schedule ...

Listing Details MLS# 1654064

Location Information

Street #
720
Street Name
Kearsarge
Street Type
Road
County
Carroll
Town
Conway
State/Province
NH
Zip Code
03860
Leased Land
No
Book
3633
Page
896
Map
203
Lot
102
Zoning
RA
Zoning Overlay
Unknown
Full Tax Amount $
11681
Tax Year
2024
Tree Growth Y/N
No
Association Y/N
No

Contract Information

Original List Price
1300000

Property Information

Primary Use
Multi Family
Surveyed
Unknown
Deed/Conveyance Type Offered
Warranty
Deed
All
Bank Owned REO
No
Year Built
1773
Tenancy
Multiple Tenants
SqFt Finished Total
7800
Lot Size Acres +/-
0.61
Road Frontage +/-
125

Commercial Bldg Information

Gross Income
212400
Operating Expenses
82294
Total Units
17
Traffic Count +/-
3400

Utilities

Utilities On
Yes

Levels

Multi-Level
Yes

More Information

Location

Near Shopping
Yes
Ski Resort
Yes

Property Uses

Bed & Breakfast
Yes
Commercial
Yes
Freestanding Building
Yes
Hotel/Motel
Yes
Resort
Yes
Special Purpose
Yes

Construction

Wood Frame
Yes

Basement

Unfinished
Yes

Foundation Materials

Granite
Yes

Exterior

Clapboard
Yes
Wood Siding
Yes

Roof

Fiberglass
Yes
Shingle
Yes

Heat System

Baseboard
Yes
Forced Air
Yes
Hot Water
Yes
Steam
Yes

Heat Fuel

Electric
Yes
Gas Bottled
Yes
Oil
Yes

Floors

Carpet
Yes
Luxury Vinyl
Yes
Tile
Yes
Wood
Yes

Building Features

Cable
Yes
Internet Access Available
Yes

Parking

11 - 20 Spaces
Yes
Gravel
Yes
On Site
Yes

Electric

Circuit Breakers
Yes

Gas

Bottled
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Property Features

Location: Near Shopping; Ski Resort Construction: Wood Frame Levels: Multi-Level Property Uses: Bed & Breakfast; Commercial; Freestanding Building; Hotel/Motel; Resort; Special Purpose Basement: Unfinished Foundation Materials: Granite Exterior: Clapboard; Wood Siding Roof: Fiberglass; Shingle Heat System: Baseboard; Forced Air; Hot Water; Steam Heat Fuel: Gas Bottled; Oil Floors: Carpet; Luxury Vinyl; Tile; Wood Building Features: Cable; Internet Access Available Parking: 11 - 20 Spaces; Gravel; On Site Electric: Circuit Breakers Gas: Bottled Sewer: Public Sewer Water: Public
IDX
Listing Office: Keller Williams Coastal and Lakes & Mountains Realty
Last Updated: May - 29 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.