NOT LISTED FOR SALE

229 Ledgewood Rd North Conway, NH 03860

8 Beds
7 Baths
4,524 Sq Ft
2.61 Acres

Last Sold April 14, 2023

Last sale price $850,000 $188 Per Sq Ft

94 Days on Market

Highlights

  • Water Access
  • Contemporary Architecture
  • Corner Lot
  • Deck
  • Wooded Lot
  • Cul-De-Sac

About This Home

As of April 2023

Strong Investment Opportunity! It’s not often that you can find a multifamily property that is so well- maintained, set on a private 2.61 acre lot with expansion potential. Additionally, it provides the very desirable amenities of town water and sewer. The building features 4 updated units with security systems, hard wired fire alarms, and sprinkler systems; 2 of the units are garden style and 2 of the units are townhouse style. Both garden apartments consist of 5 rooms, a fully equipped kitchen, comfortable living room, dining room (with access to a private deck), 2 bedrooms and a full bath. The larger townhouse units feature a main level with a fully equipped kitchen, dining room, living room, half bath, and private deck. The upper-level houses 2 bedrooms and a full bath. All units have interior access to private basement storage with laundry sink/hookups and efficient boilers with on-demand hot water. Bonus walkout caretaker space on the lower level with private entrance, efficiency kitchenette and 3/4 bath with additional storage. Prime location, just minutes to downtown North Conway, yet tucked away on a quiet cul-de-sac. Ample off-street paved parking and well-landscaped common area; not to mention, just a short walk to conservation trails. A fantastic investment with successful rental history. Showings will resume on 01/03/2023.

Last Agent to Sell the Property

Ann Pinkham

Select Real Estate Brokerage Phone: 603-662-2545 License #070020 Listed on: 12/16/2022

Last Buyer's Agent

Janet McMahon

603 Redstone Realty, LLC License #063170

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,585

Year Built

  • Built in 1988

Lot Details

  • 2.61 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Corner Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 7 Full Bathrooms
  • 1.5-Story Property

Flooring

  • Carpet
  • Laminate

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Basement Storage

Parking

  • 510 Car Parking Spaces
  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Restricted Water Access
  • Municipal Residents Have Water Access Only
  • Deck

Schools

  • John Fuller Elementary School
  • A. Crosby Kennett Middle Sch
  • A. Crosby Kennett Sr. High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • 200+ Amp Service
  • 100 Amp Service
  • Liquid Propane Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 250

Community Details

Recreation

  • Trails

Additional Features

  • 4 Units
  • 5 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,585

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building, Contemporary, Multi-Family, Multi-Level
  • Directions: From North Conway Village head north on RT16, turn right onto Ledgeview Rd (just south of the Stonehurst Manor). Follow Ledgewood Road .4 miles to the cul-de-sac at the end (Ledgewood Rd turns into Ledgwood Rd Ext). The property is to the right.
  • Footprint: 88 x 30, 12 x 16, 12 x 16
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 207.12
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7128
  • Sq Ft - Apx Total Finished: 4524
  • Year Built: 1988
  • Remarks Public: Strong Investment Opportunity! It’s not often that you can find a multifamily property that is so well- maintained, set on a private 2.61 acre lot with expansion potential. Additionally, it provides the very desirable amenities of town water and sewer. The building features 4 updated units with security systems, hard wired fire alarms, and sprinkler systems; 2 of the units are garden style and 2 of the units are townhouse style. Both garden apartments consist of 5 rooms, a fully equipped kitchen, comfortable living room, dining room (with access to a private deck), 2 bedrooms and a full bath. The larger townhouse units feature a main level with a fully equipped kitchen, dining room, living room, half bath, and private deck. The upper-level houses 2 bedrooms and a full bath. All units have interior access to private basement storage with laundry sink/hookups and efficient boilers with on-demand hot water. Bonus walkout caretaker space on the lower level with private entrance, efficiency kitchenette and 3/4 bath with additional storage. Prime location, just minutes to downtown North Conway, yet tucked away on a quiet cul-de-sac. Ample off-street paved parking and well-landscaped common area; not to mention, just a short walk to conservation trails. A fantastic investment with successful rental history. Showings will resume on 01/03/2023.
  • List Agent: 18680
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate
  • Total Rooms Above Ground: 20
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Full, Partially Finished, Stairs - Interior, Storage - Assigned, Storage - Locked, Storage Space, Interior Access, Exterior Access
  • Sq Ft - Apx Finished AG: 4104
  • Sq Ft - Apx Finished BG: 420
  • Sq Ft - Apx Unfinished BG: 2604

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Cul-de-Sac, Paved, Private, Shared, Privately Maintained
  • Roof: Shingle - Architectural
  • Easements: Unknown
  • Features Exterior: Deck, Natural Shade
  • Water Body Type: Lake
  • Water Restrictions: Yes
  • Water Access Details: Municipal Residents Only
  • Water Body Name 2: Conway Lake
  • Water Body Access 2: Yes

Garage/Parking

  • Parking: Driveway, Off Street, On-Site, Parking Spaces 5 - 10, Paved

Utilities

  • Cable Company: Dish/Spectrum
  • Electric: 100 Amp, 200 Amp, Circuit Breaker(s)
  • Fuel Company: Eastern Propane
  • Sewer: Public, Public Sewer On-Site
  • Water: Public
  • Water Heater: Gas - LP/Bottle, On Demand
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Water
  • Electric Company: NH Electric Coop
  • Phone Company: Comcast
  • Separate Utilities: Yes
  • Total Electric Meters: 5
  • Total Gas Meters: 5
  • Total Heat Units: 4
  • Total Ranges: 4
  • Total Refrigerators: 6
  • Total Water Heaters: 4
  • Trash: Dumpster, Owner, Private
  • Utilities: Cable - Available, High Speed Intrnt -Avail, Internet - Cable, Satellite, Telephone Available, Phone

Schools

  • School District: SAU #9
  • Elementary School: John Fuller Elementary School
  • Middle School: A. Crosby Kennett Middle Sch
  • High School: A. Crosby Kennett Sr. High
  • Elementary School: John Fuller Elementary School
  • High School: A. Crosby Kennett Sr. High

Lot Info

  • Village/District/Locale: North Conway
  • Map: 202
  • Lot: 250
  • Lot Sq Ft: 113692
  • Lot Acres: 2.61
  • Lot Description: Corner, Landscaped, Level, Trail/Near Trail, Wooded
  • Surveyed: Unknown
  • Zoning: RA
  • Deed Book: 2383
  • Deed Page: 406
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 7
  • Total Units: 4
  • Total2 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 7585
  • Tax Year: 2021

MLS Schools

  • School District: SAU #9
  • School Middle Jr: A. Crosby Kennett Middle Sch

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $850,000 -13.3% $188 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/10/2023 03/10/23 Price Changed $980,000 -18.3% $217 / Sq Ft
12/16/2022 12/16/22 For Sale $1,200,000 -- $265 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ann Pinkham

    Seller's Agent in 2023

    Ann Pinkham

    Select Real Estate

    (603) 662-2545

    85 Total Sales

    Ann Pinkham
    Section Image
  • Janet McMahon

    Buyer's Agent in 2023

    Janet McMahon

    603 Redstone Realty, LLC

    (603) 986-1077

    87 Total Sales

    Janet McMahon
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4939225

PrimeMLS

New Hampshire Carroll County North Conway 03860

229 Ledgewood Rd, North Conway, NH

This home is located at 229 Ledgewood Rd, North Conway, NH 03860 since 16 December 2022. This property was built in 1988. 229 Ledgewood Rd is a home located in Carroll County with nearby schools including A. Crosby Kennett Middle School, Kennett High School, and The Lilliputian School.

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