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.
For sale
Price cut: $50K (8/5)
$1,200,000
720 Kearsarge Rd, North Conway, NH 03860
17beds
7,800sqft
5+ Family - Rooming House
Built in 1773
-- sqft lot
$1,144,700 Zestimate®
$154/sqft
$-- HOA
What's special
- 174 days
- 975
- 44
Zillow last checked:
Listing updated:
Listed by:
Pamela Adami 603-969-3500,
Keller Williams Coastal and Lakes & Mountains Realty 603-610-8500,
Rick Adami 603-973-9234
Source: MLS PIN,MLS#: 73486281
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 17
- Full bathrooms: 17
Heating
- Electric, Radiant
Appliances
- Included: Refrigerator
Features
- Bathroom with Shower Stall, Living RM/Dining RM Combo
- Flooring: Wood, Carpet
- Basement: Partial,Interior Entry,Concrete,Unfinished
- Number of fireplaces: 2
Interior area
- Total structure area: 7,800
- Total interior livable area: 7,800 sqft
- Finished area above ground: 7,800
- Finished area below ground: 0
Property
Parking
- Total spaces: 16
- Parking features: Off Street, Common, Unpaved
- Uncovered spaces: 16
Features
- Patio & porch: Porch, Deck
- Exterior features: Balcony
- Has view: Yes
- View description: Scenic View(s)
- Frontage length: 125.00
Lot
- Size: 0.61 Acres
- Features: Level
Details
- Parcel number: 894015
- Zoning: RA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - Rooming House
Materials
- Frame
- Foundation: Granite
- Roof: Shingle
Condition
- Year built: 1773
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven
Community & HOA
Community
- Features: Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Public School
Location
- Region: North Conway
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $1,018,400
- Annual tax amount: $11,681
- Date on market: 3/12/2026
- Listing terms: Contract
- Exclusions: Personal Property Of Tenants Is Excluded. Only Seller-Owned Property Will Convey.
- Total actual rent: 17814
- Road surface type: Paved
Estimated market value
$1,144,700
$1.09M - $1.20M
$1,801/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Price change | $1,200,000-4%$154/sqft |
Source: MLS PIN #73486281 Report a problem | ||
| 5/29/2026 | Price change | $1,250,000-3.8%$160/sqft |
Source: MLS PIN #73486281 Report a problem | ||
| 3/12/2026 | Listed for sale | $1,300,000+32.7%$167/sqft |
Source: MLS PIN #73486281 Report a problem | ||
| 11/17/2021 | Sold | $980,000-6.2%$126/sqft |
Source: MLS PIN #72875403 Report a problem | ||
| 8/30/2021 | Listed for sale | $1,045,000-8.7%$134/sqft |
Source:  PrimeMLS #4751841 Report a problem | ||
| 6/5/2020 | Listing removed | $1,145,000$147/sqft |
Source: Coldwell Banker LIFESTYLES- Conway #4751841 Report a problem | ||
| 5/20/2020 | Price change | $1,145,000-4.2%$147/sqft |
Source: Coldwell Banker LIFESTYLES- Conway #4751841 Report a problem | ||
| 5/15/2019 | Listed for sale | $1,195,000-4.4%$153/sqft |
Source: Coldwell Banker Wright Realty #4751841 Report a problem | ||
| 9/23/2018 | Listing removed | $1,250,000$160/sqft |
Source: Michael S. Trabulsie #72333616 Report a problem | ||
| 5/30/2018 | Listed for sale | $1,250,000+133.6%$160/sqft |
Source: Michael S. Trabulsie #72333616 Report a problem | ||
| 5/25/2018 | Listing removed | $1,450 |
Source: Owner Report a problem | ||
| 5/24/2018 | Listed for rent | $1,450 |
Source: Owner Report a problem | ||
| 10/3/2016 | Listing removed | $535,000$69/sqft |
Source: Owner Report a problem | ||
| 7/5/2016 | Price change | $535,000-7%$69/sqft |
Source: Owner Report a problem | ||
| 3/9/2016 | Listed for sale | $575,000$74/sqft |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: North Conway
Nearby schools
Schools provided by the listing agent
- Middle: Kennett
- High: Kennett
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
