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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.

More Info

Basic Information

  • Gross Income $212,400
  • Listing Terms Contract
  • Lot Features Level
  • Mls StatusActive
  • Parcel Number 894015
  • Rent Includes Unit 1(Heat, Electric, Water, Other (See Remarks)), Unit 2(Heat, Electric, Water, Other (See Remarks))
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $1,018,400
  • Tax Year 2024
  • Taxes$11,681

School Information

  • High SchoolKenneth
  • High School Kennett
  • Junior HighKennett

Parking

  • Open Parking YN Yes
  • Parking Features Off Street, Common, Unpaved
  • Parking Spaces16

Rooms

  • Bathroom17
  • Bathrooms Total Decimal 17
  • Bedrooms17
  • Full Bath17

Basic Information

  • List Price$1,250,000
  • MLS Number73486281
  • Modification Date06/02/2026
  • Property SubType5+ Family - Rooming House

Location

  • Address720 Kearsarge
  • Building Number720
  • CountyCarroll
  • NeighborhoodNorth Conway
  • StateNH
  • StreetKearsarge
  • SubdivisionNorth Conway
  • TownConway
  • Zip03860

Building

  • BasementPartial, Interior Entry, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FireplaceYes
  • Fireplaces Total 2
  • FoundationGranite
  • Levels 2
  • Patio And Porch Features Porch, Deck
  • Rooms17
  • Stories2
  • Units17
  • Utilities For Electric Range, For Electric Oven
  • Year Built1773
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.61
  • Frontage Length 125

Interior

  • Flooring Wood, Carpet
  • Interior Features Bathroom with Shower Stall, Living RM/Dining RM Combo

Exterior

  • Exterior Features Balcony
  • RoofShingle

Utilities

  • Electric Circuit Breakers,200+ Amp Service
  • Heat SystemYes
  • Heating Electric, Radiant
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 7,800
  • Lot Size Square Feet 26,571
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet7,800
  • View YN Yes

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • House of Worship
    • Medical Facility
    • Park
    • Public School
    • Shopping
    • Walk/Jog Trails
  • Appliances IncludedRefrigerator
  • Other AmenitiesBasement, Fireplace

Legal

  • ZoningRA

Other

  • Date Listed03/12/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Pamela Adami of Keller Williams Coastal and Lakes & Mountains Realty

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