291 N Endicott Street Laconia, NH

$3,650,000
Square Footage 9,246
Acres 3.00
Photo of 291 N Endicott Street Laconia NH 03246




Description

An iconic presence in the heart of the Lakes Region, Grand View Resort operates at full strength with consistent maximum occupancy—a testament to its reputation, premier location, and loyal guest following. This is more than a property purchase; it’s the acquisition of a thriving, turnkey hospitality business with proven performance, positioned along a high-visibility corridor with strong traffic counts between Laconia and Weirs Beach. Set on approximately 3± level acres, the immaculately maintained compound has undergone substantial renovations in recent years. The 12-unit hotel was taken down to the studs and thoughtfully rebuilt, offering the feel and efficiency of new construction while preserving classic Lakes Region charm. Two end suites feature full kitchens and private decks—perfect for sunrise coffee or golden hour lake views. The motel also includes a 2-car under garage for added convenience and operations. The 10-bedroom main house, complete with an office, offers exceptional flexibility—ideal as an owner’s suite, additional rental income, or a boutique hospitality experience with a historic bed-and-breakfast feel. The main living area showcases multi-million-dollar views of Lake Winnipesaukee, creating an unforgettable setting. Eight charming cabins and two beautifully renovated cottages blend character with modern comforts, offering a diverse mix of accommodations that keep guests returning year after year. The setting is nothing short of spectacular, with sweeping views from the Broads to Mount Chocorua and front-row seats to watch the MS Mount Washington pass by. Guests enjoy an Olympic-sized heated saltwater pool and patio overlooking lake and mountain vistas that define the New Hampshire experience. With extensive updates complete and a strong operational foundation, this is a rare opportunity to step into a flourishing business in one of the region’s most recognizable destinations—reimagined, revitalized, and ready for its next chapter.


Listed by KW Coastal and Lakes & Mountains Realty/Meredith, Shannon Casey 603-569-4663

Details

MLS 5082106
Price $3,650,000
Status Active
DOM 131 days
Type Multi-Family
Style Detached, Hotel, Walkout Lower Level, Cabin, New Englander, Single Level, Multi-Level, Multi-Family
Square Feet 9,246 sqft
Lot Size 3.00 acres
Year Built 1850
Taxes Paid $21,455

Lot & Building Features

Utilities Telephone Available, Cable Available
Construction Combination Exterior, Clapboard Exterior, Vinyl Siding, Wood Frame
Cooling Wall AC Units
Heating Monitor Type, Electric, Hot Air, Forced Air, Propane, Oil
Parking Description Parking Spaces 21+, Paved
Sewer Public
Tax Year 2025
Taxes Paid $21,455
Water Public
Basement Description Concrete, Concrete Floor, Full
Foundation Post/Piers, Concrete Slab, Poured Concrete, Concrete
Lot Description Rental Complex, Mountain, Major Road Frontage, Recreational, Near Snowmobile Trails, Near School(s), View, Near Skiing, Mountain View, Lake View, Landscaped, Water View, Lakes, Level
Roof Asphalt Shingle
Features Exterior Guest House, Building, In-Ground Pool, Balcony, Outbuilding, Porch, Covered Porch
Garage Yes

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Financing

$
20%
0.58780821917808%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.