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Laconia, NH

42 Gilford Avenue

$599,000

MLS# 5086868 · Single Family Residence

91 days on market
The Listing

A 5-bedroom 1780s home in Laconia.

5
Bedrooms
4
Baths
3,388
Sq Ft
0.5
Acres

Description

A rare piece of history — with serious opportunity. This spacious yet cozy 1780 home was built by the venerable Jacob Jewett, and its rich history and impressive pedigree are still felt in every room. Original character remains intact — wide floors, wood fireplaces, old-world charm — alongside some upgrades/updates throughout (including vinyl plank flooring, kitchen island, wine cooler, and 1st-floor laundry). At 3,388 sq. ft. of finished living space across 1.75 stories, with 5 bedrooms and 4 bathrooms (one full, three three-quarter), this is not just a home — it's a lifestyle. Here's what makes it truly unique: It's a legal 2-unit property with two separate workshop/storage areas — creating real cash-flow opportunities. Perfect for an owner-occupy with in-law suite (already in place), or even a lawyer/accountant office with proper zoning variances. Investor or homeowner? This one works for both. Step outside to nearly half an acre (0.48) with a generously sized deck, full fence, garden space, and plenty of room to entertain. Two street entrances/exits and a paved driveway with plenty of parking for tenants, guests, or work vehicles. Location? Still everything. Minutes from the hospital, grocery stores, big-box hardware, downtown shops, and everything the Lakes Region is famous for. Why now? The seller had no intention of letting this one go. Great rental history. Real cash flow. But life changes direction — and now this historic gem could be yours.

Features

Interior

Ceiling Fan(s)
Wood Fireplace
1 Fireplace
In-Law Floorplan
Kitchen Island
Laundry Hook-ups
Security
1st Floor Laundry

Exterior

Deck
Full Fence
Garden

Heating

Hot Water

Cooling

None

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Financial

Annual Taxes
$6,002

Location

Listing History

This property was listed at $649,000 on May 4, 2026. The price was reduced by $50,000 (7.7%) to $599,000 on Invalid Date. It has been on the market for 91 days.

Residential · NH-Belknap County · Listed May 4, 2026

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.

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

Recently Sold in Laconia

AddressSold PriceSold
40 Hamlin Court$184,500Jul 31, 2026
12 Gables Drive$750,000Jul 31, 2026
64 Woodvale Drive$425,000Jul 31, 2026
148 Lucerne Avenue$1,810,000Jul 30, 2026
148 Lucerne Avenue$1,810,000Jul 30, 2026
136 Sarah Circle$620,000Jul 30, 2026

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

$599,000

Active Listing

Bedrooms5
Bathrooms4
Sq Ft3,388
$/Sq Ft$177
Listing courtesy of Starr Realty · Jason E Starr · 603-293-7227
PrimeMLS

IDX display courtesy of Yankee Pedlar Realtors, Wolfeboro NH.

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