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40 Library Road, Grafton, NH

Single Family Residence

For SaleActive
3 Beds|2 Baths|1,589 ft²|Built 1790|Grafton

Listed by KW Coastal and Lakes & Mountains Realty/Meredith · Lynn Durham

Property Description

Seller motivated to help a buyer with this totally renovated home. Possibility of buying down the interest rate. Get the charm of an antique cape but this one was taken down to the studs and built up again. Includes a new septic too! Great location on a quiet street steps to town hall and library conveniently located just off Route 4. This cape style home has been updated - think about it new: roof, plumbing, wiring, sheetrock, windows, doors, cabinets, and Rinnai propane heater. Most of the home has new 5/4” board wide pine flooring. Fiberglass insulation in walls, attic has 13” fiberglass bats, and there is blown in shredded fiberglass over the family room. Seller will provide a $2,000. refrigerator and stove allowance. New 3 bedroom septic system. When you are in the kitchen you are between the large dining area and the step down larger family room. By the family room you will find a new 1/2 bath and first floor laundry hook-ups. Great location – Ragged Mountain ski area 8 miles, Bristol and Wellington state beach on Newfound Lake 10 miles, Lebanon only 16 miles and under 25 miles to Rumney Rocks climbing area, Meredith on Lake Winnipesaukee, and Dartmouth. Just across Route 4 is the Williams Recreation Field and The Northern Rail Trail which is 57 miles of flat, packed stonedust trails, running from Boscawen to Lebanon, NH. It is the longest rail trail in New Hampshire with views of the wonderful NH countryside and mountains. In the good weather use the trails for: walking, running, bicycling, horseback riding and even wheel chairs, In the colder months when there is snow: you can cross country ski, snowshoe, snowmobile, or even dog sledding. This is one of the top rail trails in the US. It is hard to find a house in this price range where you won't spend all your time off fixing it. Here you can just get outside and enjoy all NH has to offer. You will love it here!

Property Details

Essentials & finishes

  • Bedrooms:3
  • Total Baths:2
  • SqFt:1,589
  • Price / SqFt:$173.06
  • Property Type:Single Family Residence
  • Year Built:1790
  • County:NH-Grafton
  • Town:Grafton, NH
  • Status:Active
  • Days on Market:91

Primary Features

CountyNH-Grafton
Property TypeResidential
Year Built1790
ZoningRES

Interior Features

BasementYes
Basement Access TypeInterior
Basement DescriptionUnfinished
1/4 Baths0
3/4 Baths1
CoolingNone
ElectricCircuit Breakers
FlooringWood
HeatingSpace Heater
Rooms - Total6
SqFt-Approximate Finished Above Grade1,589
SqFt-Approximate Finished Below Grade0
SqFt Approximate Total Finished1,589
SqFt Approximate Total1,797

Location Information

School - DistrictMascoma Valley Sch Dst SAU #62
School - ElementaryCanaan Elementary School
School - HighMascoma Valley Regional High

Financial Details

Foreclosed / Bank-Owned / REONo
Tax - Gross Amount$1,758
Tax Year2025
Taxes TBDNo

Additional

Construction StatusExisting
ConstructionVinyl Siding
CovenantsNo
Flood ZoneUnknown
Pre-ConstructionNo
Property Sub TypeSingle Family Residence
SeasonalNo
Total StoriesTwo
SurveyedUnknown
Timeshare/Fractional OwnershipNo

External Features

Colorwhite
DrivewayDirt
FoundationStone
GarageNo
Lot FeaturesLevel
Lot - Acres0.2
Lot - SqFt8,712
Road Frontage TypePaved, Public
Road FrontageYes
Road Frontage Length70
RoofAsphalt Shingle
SewerSeptic Tank
UtilitiesCable Available, Propane
Water SourceDeeded
MLS®: PrimeMLS #5083336; Listed by KW Coastal and Lakes & Mountains Realty/Meredith · Lynn Durham

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 Grafton18
  • Average list price$276,882
  • Price range$150,000 – $499,000
  • Market sentimentBuyer's Market

Mortgage Calculator

Estimate your monthly payment for this home

20%
Loan Term
6.5%
Estimated monthly payment$1,847 / mo
  • Principal & Interest$1,391
  • Property Tax$390
  • 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.

$275,000/ Asking Price
For SaleActive
Est. $1,391 / 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 18 active · 0 sold in Grafton (last 90 days)

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NOTE: This representation is based in whole or in part on data generated by PrimeMLS, Inc., which assumes no responsibility for its accuracy. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS.

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Owl's Nest Real Estate

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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