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131 Lake Street, Gilford, NH

Condominium

For SaleActive
1 Beds|1 Baths|675 ft²|Built 1988|Gilford

Listed by Roche Realty Group · Nancy Williams

Property Description

Looking for the perfect lake getaway with short-term rental potential to generate additional income? This highly sought-after condominium association in the heart of the Lakes Region comes fully furnished and is ready for you to enjoy from day one. Owners also enjoy beach rights to the beautiful Gilford Town Beach and access to the Gilford boat launch. This inviting one-bedroom condo features an open-concept living area with a spacious living room, sliding glass doors leading to a private balcony with a partial lake view, and a comfortable bedroom. The updated full bath offers double sinks and convenient access from both the bedroom and the hallway. Paugus Bay Condominium Suites features a new Trex deck overlooking the new in-ground pool and patio, complete with a barbecue area and a function room that's perfect for relaxing out of the sun or enjoying rainy days. On-site coin laundry adds convenience, and there's ample parking behind the building for boat and snowmobile trailers. The monthly condo fee includes virtually everything—electricity, heat, air conditioning, cable TV, internet, water, sewer, hot water, trash removal, landscaping, and snow plowing—making ownership easy and hassle-free. As an added bonus, a popular Italian restaurant, a cafe, a billiards bar, a full-service salon, and boutique shops are located right on the property, for you to enjoy without ever getting in your car. You are also just minutes away from Weirs Beach and all it has to offer, as well as Gunstock Mountain Resort, shopping, marinas, and the Bank of NH Concert Pavilion. Please note this property may NOT be used as a primary residence, and occupancy is limited to no more than 180 days per guest. There is a $1,000 one-time buy-in fee. Sorry, Pets are not permitted.

Property Details

Essentials & finishes

  • Bedrooms:1
  • Total Baths:1
  • Full Baths:1
  • SqFt:675
  • Price / SqFt:$280.00
  • Property Type:Condominium
  • Year Built:1988
  • County:NH-Belknap
  • Town:Gilford, NH
  • Status:Active
  • Days on Market:6

Primary Features

CountyNH-Belknap
Property TypeResidential
Year Built1988
ZoningC

Interior Features

AppliancesDishwasher, Microwave, Electric Range, Refrigerator
BasementNo
1/4 Baths0
3/4 Baths0
CoolingWall Unit(s)
ElectricCircuit Breakers
FlooringCeramic Tile, Tile, Vinyl Plank
HeatingWall Units
Interior FeaturesBlinds, Ceiling Fan(s), Furnished
Rooms - Total3
SqFt-Approximate Finished Above Grade675
SqFt-Approximate Finished Below Grade0
SqFt Approximate Total Finished675
SqFt Approximate Total675

Financial Details

Foreclosed / Bank-Owned / REONo
Association Fee$514.38
Fee FrequencyMonthly
Fee IncludesCable, Condo Association Fee, Cooling, Electric, Heat, Hot Water, Internet, Landscaping, Plowing, Sewer, Trash, Water
Tax - Gross Amount$2,330
Tax Year2026
Taxes TBDNo

Additional

Construction StatusExisting
ConstructionMasonry, Brick
CovenantsYes
Flood ZoneNo
Pre-ConstructionNo
Property Sub TypeCondominium
SeasonalNo
Total StoriesOne
SurveyedUnknown
Timeshare/Fractional OwnershipNo
Water Access DetailsMunicipal Residents Only

External Features

DrivewayPaved
Exterior FeaturesTrash, Balcony, In-Ground Pool, Beach Access
FoundationConcrete Slab
GarageNo
Lot FeaturesBeach Access, Condo Development, Lake View, Level, Near Country Club, Near Shopping, Near Skiing, Near Hospital
Road Frontage TypePublic
Road FrontageYes
Road Frontage Length0
RoofMembrane
SewerPublic Sewer
UtilitiesCable
Water SourcePublic
Water Body TypeLake
MLS®: PrimeMLS #5097892; Listed by Roche Realty Group · Nancy Williams

Property History

Price, listing activity & annual taxes for this property

No sales history available.

Market Data

Live snapshot computed from active listings in this town

  • Active listings in Gilford100
  • Average list price$618,669
  • Price range$14 – $1,795,000
  • Market sentimentBuyer's Market

Mortgage Calculator

Estimate your monthly payment for this home

20%
Loan Term
6.5%
Estimated monthly payment$1,290 / mo
  • Principal & Interest$956
  • Property Tax$268
  • Home Insurance$67

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.

$189,000/ Asking Price
For SaleActive
Est. $956 / mo20% down · 30yr · 6.5%
Tom DeMatteo

Tom DeMatteo

Owl’s Nest Real Estate · Questions?

401-648-5308

Market Sentiment

Buyer's Market
Buyer’s MarketBalancedSeller’s Market

Based on 100 active · 0 sold in Gilford (last 90 days)

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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 Site comes in part from the IDX Program of PrimeMLS. The information being provided is 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. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information. The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PrimeMLS.

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