Listed by North Conway Realty · Lisa Davis · 603-494-8485

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Residential Income · Madison, NH

ActiveFor SalePrice Reduced

1311 Village Road, Madison, NH

$395,000

$399,000 · changed Sep 28, 2026

Est. $1,997/mo · 20% down, 30-yr, 6.5% (Owl’s Nest Real Estate estimate, not MLS data)

Sq Ft
3,784
Built
1875
MLS®
#5094036

Property Description

Welcome to 1311 Village Road, a multi-family income property in Madison, New Hampshire. The home offers 3,784 square feet of living space, listed at $395,000. As a multi-unit property it works two ways: live in one unit while the others pay the mortgage, or run the whole building as an investment. The numbers worth knowing: a 0.33-acre lot, garage parking for 1 and 1875 construction. See the listing's full details below, and reach out for a private showing of 1311 Village Road.

Prime Investment Opportunity – Walk to Silver Lake! Offering over 3,700 square feet of living space, this Victorian home is full of character and potential in a highly desirable location just steps from Silver Lake Beach. Featuring classic bay windows, vinyl siding, and generous living spaces, this property presents an excellent opportunity for investors, contractors, or buyers looking to restore a property to its full potential. The main residence features a spacious kitchen with ample storage, a dining area, formal living room, large den, and a ¾ bath with laundry on the first floor. Upstairs are three bright bedrooms and a full bath with a soaking tub. One bedroom connects to an additional ¾ bath. A separate one-bedroom apartment is located above the barn/garage and includes a private entrance, deck, bonus loft space, and separate utilities. The apartment and portions of the property will require renovation and updating. The attached barn/garage provides additional storage, workshop space, or future possibilities. A new septic system was installed in 2024, providing an important infrastructure update. Located in a sought-after recreational area near Silver Lake, this property offers tremendous potential for income-producing use or multi-generational living. Property is being sold as-is and will need additional renovations. Buyers are encouraged to perform their own due diligence regarding the condition of the property and any intended future use.

Location Highlights

1311 Village Road is a residential income in Madison, New Hampshire, listed at $395,000. That works out to about $104 per square foot, for a home built in 1875. It has been on the market for 5 months.

From here it is 18.6 miles to Waterville Valley Resort and 23.7 miles to Owl's Nest Resort. At this latitude, Madison averages roughly 8.4 hours of sun a day in June and 3.6 in December.

Zoned schools: Madison Elementary School (Elementary), A. Crosby Kennett Middle Sch (Middle), A. Crosby Kennett Sr. High (High). Always confirm zoning with the district office.

Source: zoned school names are PrimeMLS listing data; distances, sun exposure and school facts are Owl’s Nest Real Estate additions (school facts from the NCES, U.S. Department of Education) — not PrimeMLS data.

Property Details

Essentials & finishes

SqFt
3,784
Price / SqFt
$104.39
Property Type
Residential Income
Year Built
1875
County
NH-Carroll
Town
Madison, NH
Status
Active
Days on Market
131

Primary Features

County
NH-Carroll
Property Type
Residential Income
Year Built
1875
Zoning
2F Residential

Interior Features

Basement
Yes
Basement Access Type
Interior
Basement Description
Crawl Space, Partial, Interior Entry, Interior Stairs, Unfinished
Cooling
None
Electric
Circuit Breakers
Heating
Baseboard, Oil, Hot Water
SqFt-Approximate Finished Above Grade
3,784
SqFt-Approximate Finished Below Grade
0
SqFt Approximate Total Finished
3,784
SqFt Approximate Total
4,456

Location Information

School - Elementary
Madison Elementary School
School - High
A. Crosby Kennett Sr. High
School - Middle/Jr
A. Crosby Kennett Middle Sch

Financial Details

Tax - Gross Amount
$3,567
Tax Year
2025
Taxes TBD
No

Additional

Construction Status
Existing
Construction
Wood Frame
Covenants
No
Flood Zone
Unknown
Pre-Construction
No
Seasonal
No
Total Stories
Two
Surveyed
Unknown
Water Access Details
Beach Access

External Features

Driveway
Dirt, Gravel
Foundation
Stone
Garage
Yes
Garage Capacity
1
Lot Features
Level, Walking Trails, Near Skiing
Lot - Acres
0.33
Lot - SqFt
14,375
Road Frontage Type
Paved, Public
Road Frontage
Yes
Road Frontage Length
99
Roof
Metal, Asphalt Shingle
Sewer
On-Site Septic Exists
Utilities
Cable Available
Water Source
Drilled Well
Water Body Type
Lake

MLS®: PrimeMLS #5094036; Listed by North Conway Realty · Lisa Davis · 603-494-8485

Property History

Estimated annual taxes for this property

2024
$6,715
2023
$6,547
2022
$6,379

Source: Owl’s Nest Real Estate estimate from the list price at New Hampshire’s average effective tax rate — not PrimeMLS or town assessor data. Verify with the town assessor.

Market Data

Live snapshot computed by Owl’s Nest Real Estate from PrimeMLS IDX active listings in this town

Active listings in Madison
33
Average list price
$578,008
Price range
$34,900 – $1,795,000

Mortgage Calculator

Estimate your monthly payment for this home

Loan Term

Estimated Monthly Payment

$2,639/ mo

Principal & Interest
$1,997
Property Tax
$560
Home Insurance
$82

Source: Owl’s Nest Real Estate estimate, not PrimeMLS data. Estimates use typical New Hampshire costs — a 1.7% effective property-tax rate, insurance at 0.25% of home value/yr, and PMI below 20% down. Actual town tax rates vary; verify with your lender and the town assessor.

Around This Property

Schools, everyday places and nearby destinations near 1311 Village Road, Madison, NH

Assigned Schools

Elementary
Madison Elementary School
Middle
A. Crosby Kennett Middle Sch
High School
A. Crosby Kennett Sr. High

Source: Google Maps Platform (Places) and Owl’s Nest Real Estate — not PrimeMLS data.

Questions About This Listing

How much does 1311 Village Road cost?

1311 Village Road in Madison, NH is listed for $395,000 on PrimeMLS.

That is about $104 per square foot of finished living space.

It came on the market on June 11, 2026.

How big is 1311 Village Road?

1311 Village Road in Madison, NH has 3,784 square feet of finished living space.

Is 1311 Village Road a waterfront property?

The MLS does not list 1311 Village Road in Madison, NH as waterfront, but it notes water access on a lake.

Water access: beach access.

Confirm frontage, shoreland rules and any dock or beach rights during due diligence.

What school district is 1311 Village Road in?

The MLS lists these schools for 1311 Village Road in Madison, NH: Madison Elementary School (elementary), A. Crosby Kennett Middle Sch (middle) and A. Crosby Kennett Sr. High (high).

School assignments can change; confirm with the district.

Is 1311 Village Road still for sale?

Yes. 1311 Village Road in Madison, NH is listed as Active on PrimeMLS (MLS #5094036).

Status can change quickly; contact us to confirm availability before you visit.

Which brokerage has 1311 Village Road listed?

1311 Village Road in Madison, NH is listed by Lisa Davis of North Conway Realty (603-494-8485).

Owl's Nest Real Estate shows it through the PrimeMLS IDX feed; we are not the listing brokerage.

What type of home is 1311 Village Road?

1311 Village Road in Madison, NH is a multi-family income property built in 1875.

The MLS lists its style as Multi-Family, Multi-Level, Victorian, with two stories.

What town is 1311 Village Road in?

1311 Village Road is in Madison, New Hampshire 03875, in Carroll County.

Location notes from the MLS: walking trails and near skiing.

What is the lot size of 1311 Village Road?

1311 Village Road in Madison, NH sits on 0.33 acres, per the MLS.

The lot is described as level.

It has 99 feet of road frontage (paved and public).

Zoning: 2F Residential.

What are the annual property taxes for 1311 Village Road?

Annual property taxes on 1311 Village Road in Madison, NH are $3,567 for the 2025 tax year, per the MLS.

New Hampshire towns set their own tax rates and revalue periodically, so confirm the current bill with the Madison assessing office.

What heating and cooling does 1311 Village Road have?

1311 Village Road in Madison, NH is heated by baseboard, oil and hot water, per the MLS.

The MLS lists no cooling system.

What are the water and sewer systems at 1311 Village Road?

1311 Village Road in Madison, NH has a private drilled well and a private septic system, per the MLS.

MLS details — water: drilled well; sewer: on-site septic exists.

Electric: circuit breakers.

Other utilities: cable available.

Plan a water test and septic inspection during your inspection period.

Does 1311 Village Road have a basement?

Yes. 1311 Village Road in Madison, NH has a basement with interior access.

The MLS describes it as crawl space, partial, interior entry, interior stairs and unfinished.

What parking does 1311 Village Road have?

1311 Village Road in Madison, NH has a 1-car garage and a dirt and gravel driveway.

How can I see 1311 Village Road in person?

To see 1311 Village Road in Madison, NH, use Request a Showing on this page or call Owl's Nest Real Estate at 401-648-5308.

We can show any MLS-listed home and represent you as your buyer's agent; the listing brokerage represents the seller.

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This listing data is intended for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/03/26.