435 South Mayhew Turnpike, Hebron, NH
Single Family Residence
Listed by KW Coastal and Lakes & Mountains Realty/Wolfeboro · Adam Dow
Property Description
Introducing The Kelby Motel, a fully reimagined 10-room boutique property with deeded Newfound Lake access, set on 19.5 acres in the heart of New Hampshire’s Lakes Region. Overlooking the crystal-clear waters of Newfound Lake and framed by mountain views at the foothills of the White Mountains, this unique property offers an exceptional blend of hospitality, recreation, and future opportunity. Current ownership has completed a comprehensive transformation of the property, including new infrastructure for septic, electrical, and plumbing. While also creating a design-forward destination featuring 10 thoughtfully reimagined guest rooms, a welcoming lounge, and a full coffee shop inspired by modern Nordic aesthetics. In just two seasons, The Kelby has established a strong market presence with proven demand and consistent growth. Being offered fully turnkey, the sale includes furnishings, fixtures, equipment, the newly installed greenhouse, and a side-by-side utility vehicle, allowing for a seamless transition to new ownership. Beyond its successful hospitality operation, the property's 19.5 acres and 10-room layout provide endless possibilities for expanded uses....think future development opportunities, family retreat, events, lodging, or other creative ventures, subject to local approvals. Year-round appeal is driven by Newfound Lake recreation, fall foliage, hiking, boating, and winter activities, making The Kelby is a rare opportunity to acquire a beautifully renovated property with established income, exceptional amenities, and significant upside potential in one of New England’s most sought-after lake destinations."
Property Details
Essentials & finishes
- Bedrooms:10
- Total Baths:10
- Full Baths:10
- SqFt:4,892
- Price / SqFt:$530.46
- Property Type:Single Family Residence
- Year Built:1957
- County:NH-Grafton
- Town:Hebron, NH
- Status:Active
- Days on Market:35
Primary Features
Interior Features
Financial Details
Additional
External Features
Property History
Annual taxes for this property
| Year | Assessed Tax |
|---|---|
| 2024 | $44,115 |
| 2023 | $43,012 |
| 2022 | $41,909 |
Estimated from list price; verify with the town assessor.
Market Data
Live snapshot computed from active listings in this town
- Active listings in Hebron9
- Average list price$759,450
- Price range$199,900 – $2,249,000
- Market sentimentBalanced Market
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- Principal & Interest$13,122
- Property Tax$3,676
- Home Insurance$541
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.
Tom DeMatteo
Owl’s Nest Real Estate · Questions?
Market Sentiment
Balanced MarketBased on 9 active · 0 sold in Hebron (last 90 days)
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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