Investment opportunity in one of Wolfeboro's most desirable neighborhoods! Just 2 miles from downtown Wolfeboro and Lake Winnipesaukee, this spacious 2 family home offers flexibility, income potential, and an unbeatable location near schools, shops, restaurants, and year-round outdoor recreation. Situated on a level, grassy lot surrounded by mature trees, the property features a private backyard, town water, and a 12' x 16' storage shed. A former 35' x 55' vegetable garden offers endless possibilities for gardening enthusiasts. The home offers approximately 2,824 square feet with 5 bedrooms and 2.5 baths, including a beautifully updated second-floor 2 bedroom apartment with a private entrance, making it ideal for rental income, multigenerational living, or owner occupancy. The first floor features 3 additional bedrooms and generous living space ready for your finishing touches. Recent improvements include all new windows in the second-floor apartment, a stunning pine V-groove and hemlock beam primary bedroom with walk in closet, hardwood and tile flooring, a newly remodeled second bedroom, updated bathroom/laundry area, new perimeter drainage around the foundation, and a mini-split system providing efficient heating and air conditioning. A wood stove and riding lawn mower will convey with the sale. The property is currently undergoing renovation and is being offered as is. Ongoing projects include flooring, drywall, painting, tile work, exterior improvements, and landscaping. The homeowner, a builder, plans to continue work until the property is sold. The kitchen presents an opportunity for customization, with a framed passthrough already in place for future counter seating. Whether you're looking for an investment property, an owner occupied income producer, or a spacious home in sought-after Wolfeboro, this property offers exceptional value and tremendous potential. Live in the finished apartment while completing the main living area, or enjoy immediate rent.
Active
Listed by: Coldwell Banker Realty Gilford NH • Lucy Van Cleve
Price cut: $12K (9/2)
$578,000
21 Waumbeck Road, Wolfeboro, NH 03894
5beds
2,634sqft
Duplex
Built in 1950
-- sqft lot
$554,100 Zestimate®
$219/sqft
$-- HOA
What's special
Level grassy lotPrivate backyardGenerous living spaceNewly remodeled second bedroomSurrounded by mature treesWood stoveHardwood and tile flooring
- 7 days
- 478
- 10
Zillow last checked:
Listing updated:
Listed by:
Lucy Van Cleve,
Coldwell Banker Realty Gilford NH Cell:603-986-1097
Source: PrimeMLS,MLS#: 5106982
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/4 bathrooms: 1
Heating
- Oil
Cooling
- None
Features
- Basement: Bulkhead,Concrete Floor,Full,Insulated,Interior Stairs,Interior Access,Exterior Entry,Interior Entry
Interior area
- Total structure area: 4,914
- Total interior livable area: 2,634 sqft
- Finished area above ground: 2,634
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Dirt
Features
- Levels: Two
- Stories: 2
- Body of water: Lake Winnipesaukee
- Frontage length: Road frontage: 141
Lot
- Size: 1 Acres
- Features: Level, In Town, Near Golf Course, Near Paths, Near Shopping, Near Skiing, Near Snowmobile Trails, Neighborhood, Near Hospital, Near School(s)
Details
- Parcel number: WOLFM00173B000011L000000
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Frame
- Foundation: Concrete
- Roof: Membrane
Condition
- Fixer
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Private Sewer
- Utilities for property: Cable, Propane
Community & HOA
Location
- Region: Wolfeboro
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $211,300
- Annual tax amount: $3,067
- Date on market: 8/27/2026
- Road surface type: Paved
Estimated market value
$554,100
$526,000 - $582,000
$2,930/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Price change | $578,000-2%$219/sqft |
Source: | ||
| 8/27/2026 | Listed for sale | $590,000+0.2%$224/sqft |
Source: | ||
| 8/27/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/24/2026 | Price change | $589,000-0.2%$224/sqft |
Source: Owner Report a problem | ||
| 8/11/2026 | Price change | $590,000-6.2%$224/sqft |
Source: Owner Report a problem | ||
| 8/4/2026 | Price change | $629,000-1.7%$239/sqft |
Source: Owner Report a problem | ||
| 7/25/2026 | Listed for sale | $640,000$243/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,360 +8.2% | $211,300 |
| 2023 | $3,104 +11.1% | $211,300 |
| 2022 | $2,793 +1.6% | $211,300 |
| 2020 | $2,749 -1.6% | $211,300 +19.9% |
| 2019 | $2,793 +0.3% | $176,300 |
| 2018 | $2,786 +5.5% | $176,300 |
| 2017 | $2,641 +12.8% | $176,300 +10.2% |
| 2016 | $2,341 -3% | $160,000 -7.5% |
| 2015 | $2,413 +0.9% | $173,000 -5.9% |
| 2014 | $2,391 +1.4% | $183,800 |
| 2013 | $2,358 +1.5% | $183,800 |
| 2012 | $2,323 +2.7% | $183,800 -0.9% |
| 2011 | $2,263 +10.6% | $185,500 +0.1% |
| 2010 | $2,047 -13.9% | $185,400 -17.2% |
| 2009 | $2,377 -0.1% | $224,000 |
| 2008 | $2,379 | $224,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 03894
Nearby schools
Schools provided by the listing agent
- Elementary: Cresent Lake School
- Middle: Kingswood Regional Middle Sch
- High: Kingswood Regional High School
- District: Governor Wentworth Regional
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





