Interior Features
- Bathroom with Shower Stall
- Living Rm/Dining Rm Combo
- FlooringWood, Carpet
‹ Back to Conway
Questions about this home? Call or text ![]()
Keith Wade at 603-818-7976.
Keith Wade at 603-818-7976.Show all 21 photos
For Sale · 221 days↗ Share♡ Favorite
$1,200,000↓ $50K price cut 08-05-2026
720 Kearsarge Rd, Conway, NH 03860 Conway
MULTI-FAMILY
Home Highlights
Fireplace2 fireplaces
14% Under Estimated ValueQuantarium estimate: $1,398,473
41% Below Area $/Sq Ft$154 vs $260, the Conway median
3 Zoned SchoolsRated up to 7/10
About This Home
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.
Read moreKey Details
MLS #73486281
Monthly HOA
Price / Sq Ft$154
Property TypeMulti-Family
Subdivision
Tax (2025)$11,752
Assessed Value$1,018,400
How This Home Compares
vs. the 138 homes for sale in ConwayPrice$1,200,000
Median $349,900
$10,000
$2,700,000
243% above the median Conway home ($349,900).
Price per Sq Ft$154
Median $260
$56
$853
41% below the median Conway home ($260).
Home Size7,800 sq ft
Median 1,536 sq ft
235 sq ft
10,404 sq ft
408% larger than the median Conway home (1,536 sq ft).
Lot Size0.61 acres
Median 0.68 acres
0.07 acres
360.00 acres
10% smaller than the median Conway home (0.68 acres).
Days on Market221 days
Median 89 days
3 days
1,502 days
On the market longer than most homes here (89 days median).
720 Kearsarge Rd at a Glance
MLS# 73486281
Offered at $1,200,000, this 17 bed, 17 bath home has 7,800 square feet of living space and was built in 1773. It sits in Conway, zoned for John H. Fuller School, A. Crosby Kennett Middle School and Kennett High School.
Want to see it in person? Schedule a showing or call Keith Wade at 603-818-7976.
Property Details
Kitchen and Appliances
- Refrigerator
Exterior and Lot
- Balcony
- Frontage Length125
- Patio and Porch FeaturesPorch, Deck
- Road Frontage TypePublic
- Road ResponsibilityPublic Maintained Road
- Road Surface TypePaved
- Porch
- Deck
Garage and Parking
- Open Parking
- Parking FeaturesOff Street, Common, Unpaved
- Parking Total16
Building and Construction
- Total Square Feet Living7,800
- Year Built1773
- Above Grade Finished Area7,800
- Building Area Total7,800
- Building Area UnitsSquare Feet
- Construction MaterialsFrame
- Foundation DetailsGranite
- Levels2
- Property Age253
- RoofShingle
- Levels or Stories2
- Building Total Stories2
- Year Built DetailsActual
- Year Built SourcePublic Records
Bedrooms and Bathrooms
- Bedrooms17
- Total Bathrooms17
- Full Bathrooms17
Other Rooms
- Total Rooms17
- Basement FeaturesPartial, Interior Entry, Concrete, Unfinished
Heating and Cooling
- Heating FeaturesElectric, Radiant
- Heating
- Number of Fireplaces2
Land Info
- Lot DescriptionLevel
- Lot Size Acres0.61
- Lot Size Square Feet26,571
Home Features
- ViewScenic View(s)
Rental Info
- Gross Income212,400
- Rent IncludesUnit 1(Heat, Electric, Water, Other (See Remarks)), Unit 2(Heat, Electric, Water, Other (See Remarks))
Multi-Unit Info
- Number of Units17
School Information
- High SchoolKennett
- Middle SchoolKennett
Amenities and Community Features
- Community FeaturesShopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Public School
Other Property Info
- Annual Tax Amount11,681
- City RegionNorth Conway
- Source Listing StatusActive
- CountyCarroll County
- DirectionsRte 16 N to Artist Falls, Left on North-South, Right on Kearsarge. Go 1.5 Miles, Property on Left.
- Tax Year2024
- Source Property TypeResidential Income
- ExclusionsPersonal Property of Tenants Is Excluded. Only Seller-Owned Property Will Convey.
- Home WarrantyNo
- AreaNorth Conway
- Source NeighborhoodNorth Conway
- Parcel Number894015
- ZoningRA
- Property Subtype5+ Family - Rooming House
Commercial Info
- Net Operating Income119,432
- Operating Expense92,968
Utilities
- ElectricCircuit Breakers, 200+ Amp Service
- SewerPublic Sewer
- For Electric Range
- For Electric Oven
- Water SourcePublic
Schools Zoned for This Home
Conway School District
elementary · K-6Photo: Google MapsJohn H. Fuller School
6/10
middle · 6-8Photo: webA. Crosby Kennett Middle School
7/10
high · 9-12Photo: webKennett High School
4/10
Mortgage Calculator
For 720 Kearsarge Rd, Conway, NH 03860Estimated Monthly Payment
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Rate from today's national average (7.28%). Includes estimated property taxes and HOA; homeowners insurance not included. An estimate, not a loan offer.
Price History
Listed For
$1,200,000on 08-05-2026
Last Sold $980,000 on 11-17-2021
First Recorded Sale $100,000 in 1993
SoldListed
| Date | Event | Price | Change |
|---|---|---|---|
| 08-05-2026MLSPrice Changed | Price Changed | $1,200,000 | −$50,000−4.0% |
| 05-29-2026MLSPrice Changed | Price Changed | $1,250,000 | −$50,000−3.8% |
| MLSListed | Listed | $1,300,000 | +$320,000+32.7% |
| 11-18-2021MLSListing Removed | Listing Removed | — | — |
| 11-17-2021Public RecordSold | Sold | $980,000 | −$65,000−6.2% |
| 05-06-2021MLSPrice Changed | Price Changed | $1,045,000 | −$100,000−8.7% |
| 05-20-2020MLSPrice Changed | Price Changed | $1,145,000 | −$50,000−4.2% |
| MLSListed | Listed | $1,195,000 | −$55,000−4.4% |
| 09-23-2018MLSListing Removed | Listing Removed | — | — |
| MLSListed | Listed | $1,250,000 | +$1,150,000+1150.0% |
| 08-01-1993Public RecordSold | Sold | $100,000 | — |
2025 Property Tax
$11,752per year
Assessed Value $1,018,400
Tax records back to 2007
| Year | Property Tax | Assessed Value |
|---|---|---|
| 2025 | $11,752 | $1,018,400 |
| 2023 | $11,895 | $1,018,400 |
| 2022 | $14,337 | $731,500 |
| 2021 | $11,953 | $731,500 |
| 2020 | $12,355 | $731,500 |
| 2019 | $12,670 | $731,500 |
| 2018 | $15,167 | $666,700 |
| 2017 | $13,321 | $666,700 |
| 2016 | $12,874 | $666,700 |
| 2015 | $12,727 | $666,700 |
| 2014 | $12,574 | $666,700 |
| 2007 | $9,839 | $641,400 |
Sale prices from public records; list prices from the MLS. Taxes shown are for the prior owner and can change after a sale.
720 Kearsarge Rd FAQ
At $1,200,000, the asking price of 720 Kearsarge Rd is about 3.4 times the median asking price of $349,900 for homes for sale in Conway.
- Its price per square foot is $154, 40.8% below the median of $260 for homes for sale in Conway.
- That is the 19th lowest price per square foot of the 105 homes for sale in Conway that list their size.
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Listing Information Last Updated 10-19-2026