Interior Features
- Blinds
- Ceiling Fan
- Dining Area
- Gas Fireplace
- 2 Fireplaces
- Kitchen Island
- Kitchen/Dining
- Natural Light
- Walk-in Closet
- Whirlpool Tub
- FlooringManufactured
‹ Back to Laconia
Questions about this home? Call or text ![]()
Keith Wade at 603-818-7976.
Keith Wade at 603-818-7976.Show all 48 photos
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For Sale · 488 days↗ Share♡ Favorite
$1,920,000↓ $280K price cut 09-04-2026
5 Michaels Way, Laconia, NH 03246 Laconia
SFR
Home Highlights
WaterfrontBoat dock
2‑Car Garage
Fireplace2 fireplaces
Lower Property Taxes$15,976/yr, 21% below the typical Laconia rate
About This Home
MOTIVATED SELLER & PRICED $830,000 BELOW APPRAISED VALUE! Major $279,999 price improvement makes this reimagined Lake Winnipesaukee retreat the best value on the lake! Enjoy 86' of pristine shoreline featuring a newly installed permanent dock, plus PSNH approval for dock power (just needs panel) and an active permit in place for lakeside stairs and a perched beach. This light-filled residence spans three levels with striking architectural design, expansive glass, and a wraparound deck with an enclosed porch to maximize panoramic water views and seamless indoor-outdoor living. The chef's kitchen boasts quartz countertops, custom cabinetry, and premium appliances. Upstairs, the primary suite offers a spa-like bath and a private lake-facing balcony. Key upgrades include Hunter Douglas window treatments (motorized in the primary), a whole-house generator, a water filtration system, power awnings with wind sensors, a propane-plumbed BBQ hookup, city sewer, and a heated garage. Beautifully landscaped grounds feature granite steps, stone walls, and a lakeside fire pit. The walk-out lower level includes a stylish 2-bedroom guest apartment with a separate entrance-perfect for multigenerational living or hosting guests. Located in a rental-friendly zone, offering incredible investment potential alongside luxury waterfront living.
Read moreKey Details
MLS #5046786
Monthly HOA
Price / Sq Ft$449
Listed06-16-2025
Property TypeSingle Family
Subdivision
Tax (2025)$15,976
Assessed Value$1,230,800
How This Home Compares
vs. the 208 homes for sale in LaconiaPrice$1,920,000
Median $497,000
$106,000
$3,650,000
286% above the median Laconia home ($497,000).
Price per Sq Ft$449
Median $333
$89
$4,750
35% above the median Laconia home ($333).
Home Size4,274 sq ft
Median 1,717 sq ft
40 sq ft
9,246 sq ft
149% larger than the median Laconia home (1,717 sq ft).
Lot Size0.62 acres
Median 0.25 acres
0.04 acres
108.00 acres
148% larger than the median Laconia home (0.25 acres).
Days on Market488 days
Median 72 days
1 days
488 days
On the market longer than most homes here (72 days median).
5 Michaels Way at a Glance
MLS# 5046786
Offered at $1,920,000, this 4 bed, 2.5 bath home has 4,274 square feet of living space and was built in 2023. It sits in Laconia, zoned for Elm Street School, Laconia Middle School and Laconia High School.
Want to see it in person? Schedule a showing or call Keith Wade at 603-818-7976.
Property Details
Kitchen and Appliances
- Dishwasher
- Disposal
- Range Hood
- Microwave
- Gas Range
- Refrigerator
- Washer
- Stand Alone Ice Maker
- Water Heater
Exterior and Lot
- Boat Slip/Dock
- Natural Shade
- Patio
- Covered Porch
- Enclosed Porch
- Private Dock
- Boat Slip
- Frontage Length132
- Road Frontage TypePublic
- Patio
- Porch
Garage and Parking
- DrivewayPaved
- Garage Spaces2
- Parking FeaturesDirect Entry, Off Street, Paved
Building and Construction
- Total Square Feet Living4,274
- Year Built2023
- Above Grade Finished Area4,274
- Construction MaterialsFoam/ClkAirSl Insulation
- Foundation DetailsConcrete
- Property Age3
- RoofShingle
- Levels or Stories3.5
- Total Area Sqft4,274
- Year Built DetailsExisting
- Architectural StyleContemporary
Bedrooms and Bathrooms
- Bedrooms4
- Total Bathrooms3
- Full Bathrooms2
- 1/2 Bathrooms1
Other Rooms
- Total Rooms7
- Level 11/2 Bathroom
- Level 1Dining Room
- Level 1Kitchen
- Level 1Living Room
- Level 1Sunroom
- Level 2Bedroom
- Level 2Full Bathroom
- Level 2Family Room
- Level 2Primary Bedroom
- Basement DescriptionApartment(s),Concrete Floor,Daylight,Full,Walkout
Heating and Cooling
- Cooling FeaturesCentral AC
- Heating FeaturesPropane, Forced Air, Hot Air
- Heating
- Number of Fireplaces2
Waterfront and Water Access
- Water Body NameLake Winnipesaukee
- Water FeaturesCross a Street to Access,Deep Water Access,Dock Access
- Waterfront Feet86
Land Info
- Lot DescriptionLandscaped, Near Skiing, Near School(s)
- Lot Size Acres0.62
- Lot Size Square Feet27,007
School Information
- High SchoolLaconia High School
- Middle SchoolLaconia Middle School
- School DistrictLaconia Sch Dst SAU #30
Other Property Info
- Annual Tax Amount15,955
- Source Listing StatusActive Under Contract
- CountyNh-Belknap County
- DirectionsWeirs Boulevard/Route 3 Towards Weirs Beach 5 Michaels Way on Right
- Tax Year2024
- Source Property TypeResidential
- ZoningCR
- Property SubtypeSingle Family
Accessibility Features
- Accessibility Features1st Floor 1/2 Bathroom, Hard Surface Flooring
Utilities
- SewerPublic Sewer on-Site
- Cable at Site
- Water SourcePublic Water on-Site
Home Features
- Other EquipmentAir Conditioner, Irrigation System, Smoke Detector
Schools Zoned for This Home
Laconia School District
elementary · K-5Photo: Google Street ViewElm Street School
7/10
middle · 6-8Photo: Google Street ViewLaconia Middle School
5/10
high · 9-12Photo: Google MapsLaconia High School
2/10
Mortgage Calculator
For 5 Michaels Way, Laconia, NH 03246Estimated Monthly Payment
/ month
Loan Amount
Down Payment
Down PaymentLoan Amount
$
%
%
Today's national average$
$
Rate from today's national average (7.29%). Includes estimated property taxes and HOA; homeowners insurance not included. An estimate, not a loan offer.
Price History
Listed For
$1,920,000on 09-04-2026
Last Sold $310,000 on 04-06-2023
First Recorded Sale $150,000 in 1999
SoldListed
| Date | Event | Price | Change |
|---|---|---|---|
| 09-04-2026MLSPrice Changed | Price Changed | $1,920,000 | −$279,999−12.7% |
| 06-11-2026MLSPrice Changed | Price Changed | $2,199,999 | −$285,001−11.5% |
| 02-11-2026MLSPrice Changed | Price Changed | $2,485,000 | −$115,000−4.4% |
| 06-16-2025MLSListed | Listed | $2,600,000 | +$2,290,000+738.7% |
| 04-06-2023Public RecordSold | Sold | $310,000 | −$240,000−43.6% |
| 05-15-2020MLSSold | Sold | $550,000 | +$101,000+22.5% |
| 09-03-2015MLSListing Removed | Listing Removed | — | — |
| 08-01-2015MLSPrice Changed | Price Changed | $449,000 | −$40,000−8.2% |
| 05-19-2015MLSListed | Listed | $489,000 | +$2,000+0.4% |
| 09-26-2014MLSListing Removed | Listing Removed | — | — |
| 08-26-2014MLSListed | Listed | $487,000 | +$300,000+160.4% |
| 04-28-2014Public RecordSold | Sold | $187,000 | +$3,100+1.7% |
| 01-11-2014MLSListing Removed | Listing Removed | — | — |
| 12-11-2013MLSListed | Listed | $183,900 | +$8,900+5.1% |
| 10-25-2013MLSListing Removed | Listing Removed | — | — |
| 10-14-2013MLSPrice Changed | Price Changed | $175,000 | −$35,000−16.7% |
| 09-17-2013MLSPrice Changed | Price Changed | $210,000 | −$15,000−6.7% |
| 09-11-2013MLSPrice Changed | Price Changed | $225,000 | −$20,000−8.2% |
| 08-24-2013MLSListed | Listed | $245,000 | −$63,000−20.5% |
| 10-15-2012MLSListing Removed | Listing Removed | — | — |
| 05-24-2012MLSListed | Listed | $308,000 | −$16,900−5.2% |
| 04-10-2011MLSListing Removed | Listing Removed | — | — |
| 10-09-2010MLSListed | Listed | $324,900 | +$174,900+116.6% |
| 08-17-1999Public RecordSold | Sold | $150,000 | — |
2025 Property Tax
$15,976per year
Assessed Value $1,230,800
Tax records back to 2007
| Year | Property Tax | Assessed Value |
|---|---|---|
| 2025 | $15,976 | $1,230,800 |
| 2023 | $11,786 | $847,300 |
| 2022 | $9,434 | $635,300 |
| 2021 | $9,334 | $494,900 |
| 2020 | $9,659 | $489,800 |
| 2019 | $9,235 | $448,500 |
| 2018 | $8,638 | $414,300 |
| 2017 | $7,236 | $344,100 |
| 2016 | $7,044 | $317,300 |
| 2015 | $7,419 | $334,200 |
| 2014 | $6,292 | $280,900 |
| 2012 | $6,318 | $300,900 |
| 2011 | $7,751 | $300,900 |
| 2009 | $7,299 | $404,600 |
| 2007 | $6,554 | $404,600 |
Sale prices from public records; list prices from the MLS. Taxes shown are for the prior owner and can change after a sale.
5 Michaels Way FAQ
At $1,920,000, the asking price of 5 Michaels Way is about 3.9 times the median asking price of $497,000 for homes for sale in Laconia.
- Its price per square foot is $449, 34.8% above the median of $333 for homes for sale in Laconia.
- That is the 32nd highest price per square foot of the 177 homes for sale in Laconia that list their size.
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Copyright 2026, PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information Last Updated 10-17-2026