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Under Contract
Laconia, NH

5 Michaels Way

$1,920,000489 days on market

MLS# 5046786 · Single Family Residence

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The Listing

A 4-bedroom home in Laconia on Lake Winnipesaukee.

4
Bedrooms
3
Baths
4,274
Sq Ft
0.6
Acres
Waterfront· Lake Winnipesaukee· Cross a Street to Access, Deep Water Access, Dock Access

Description

MOTIVATED SELLER & PRICED $830,000 BELOW APPRAISED VALUE! Major $279,999 price improvement makes this reimagined Lake Winnipesaukee retreat the best value on the lake! Enjoy 86' of pristine shoreline featuring a newly installed permanent dock, plus PSNH approval for dock power (just needs panel) and an active permit in place for lakeside stairs and a perched beach. This light-filled residence spans three levels with striking architectural design, expansive glass, and a wraparound deck with an enclosed porch to maximize panoramic water views and seamless indoor-outdoor living. The chef's kitchen boasts quartz countertops, custom cabinetry, and premium appliances. Upstairs, the primary suite offers a spa-like bath and a private lake-facing balcony. Key upgrades include Hunter Douglas window treatments (motorized in the primary), a whole-house generator, a water filtration system, power awnings with wind sensors, a propane-plumbed BBQ hookup, city sewer, and a heated garage. Beautifully landscaped grounds feature granite steps, stone walls, and a lakeside fire pit. The walk-out lower level includes a stylish 2-bedroom guest apartment with a separate entrance—perfect for multigenerational living or hosting guests. Located in a rental-friendly zone, offering incredible investment potential alongside luxury waterfront living.

Features

Interior

Blinds
Ceiling Fan(s)
Dining Area
Gas Fireplace
2 Fireplaces
Kitchen Island
Kitchen/Dining
Natural Light
Walk-In Closet(s)
Whirlpool Tub

Exterior

Boat Slip
Natural Shade
Patio
Covered Porch
Enclosed Porch
Private Dock

Heating

Propane
Forced Air
Hot Air

Cooling

Central Air

Parking

Direct Access
Off Street
Paved

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Financial

Annual Taxes
$15,955

Location

Listing History

This property was listed at $2,600,000 on Jun 16, 2025. The price has been reduced 2 times, dropping a total of $565,000 from $2,485,000 to $1,920,000. It has been on the market for 489 days.

Invalid Date$2,485,000 → $2,199,999↓ $285,001
Invalid Date$2,199,999 → $1,920,000↓ $279,999

Sale History

DateSale Price
May 15, 2020$550,000
Apr 25, 2014$187,000
Residential · NH-Belknap County · Listed Jun 16, 2025

About Laconia, NH

Laconia is the largest city in the Lakes Region, offering a mix of urban amenities and lakefront living. Weirs Beach, the region's most famous beach, is within city limits. Home to Motorcycle Week (the oldest rally in the US) and a revitalizing downtown with craft breweries and restaurants.

✓Weirs Beach boardwalk & arcades
✓Laconia Motorcycle Week (est. 1916)
✓WinnAero aviation education at airport
✓Opechee Park & beach
✓Lakes Region General Hospital
✓Drive-in movie theater at Weirs
County: Belknap
Population: ~17,000
Schools: Laconia (SAU 30)

Distances are approximate. Click any destination for driving directions. NH has no state income tax or sales tax.

Other Waterfront Listings on Lake Winnipesaukee

AddressPrice
5 Fir Tree Lane$2,399,999
16 Cottage Road$2,300,000
118 Castle Shore Road$2,300,000
155 Bear Island$2,295,000
204 Route 11-D$2,100,000
123 Kimball Drive$2,000,000

Active listings within 25% of this price. Browse all for-sale.

Recently Sold in Laconia

AddressSold PriceSold
126 Big Bend Drive$745,000Oct 16, 2026
60 Old Prescott Hill Road$470,000Oct 15, 2026
79 Gilford Avenue$225,000Oct 14, 2026
36 Rowell Street$390,000Oct 14, 2026
53 Garden Circle$520,000Oct 13, 2026
144 Treetop Circle$279,900Oct 9, 2026

Closed sales in the past 12 months. Data from PrimeMLS.

$1,920,000

Under Contract

Bedrooms4
Bathrooms3
Sq Ft4,274
$/Sq Ft$449
Listing courtesy of Roche Realty Group · Nancy Clark · 603-279-7046
PrimeMLS

IDX display courtesy of Yankee Pedlar Realtors, Wolfeboro NH.

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