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Under Contract
Laconia, NH

40 Paugus Street

$475,000

MLS# 5093505 · Single Family Residence

46 days on market
The Listing

A 2-bedroom home in Laconia.

2
Bedrooms
1
Bath
960
Sq Ft
0.5
Acres

Description

Opportunity awaits in this truly unique Lakeport property with views of Paugus Bay on Lake Winnipesaukee and an array of features that are hard to find. This home is ideal for buyers looking to add their own vision and updates while enjoying a highly desirable location. Inside, the home features an open concept living and kitchen area bright and airy with high ceilings and water views. The first floor also has a dining area overlooking the pool, a primary bedroom with walk in closet and potential 2nd bedroom. Laundry hook ups, storage space downstairs and one car garage underneath. Several important improvements have already been completed, including a new electrical panel, updated wiring, new furnace, new hot water heater, and new appliances, giving the next owner a solid starting point for future enhancements. The standout feature of the property is the indoor pool and lounge area. Sliding glass doors open directly from the pool area to the expansive yard, creating a seamless connection to the outdoors and offering a great space for entertaining. Adding even more value, the sale includes a separate deeded lot complete with a shed, providing additional space and flexibility for future use. Whether you're looking for a primary residence, vacation property, or project with tremendous upside, this Lakeport offering presents a rare opportunity to create something truly special in a sought-after Lake Winnipesaukee location.

Features

Interior

Wood Fireplace
Hearth
Laundry Hook-ups
Pool - Indoor
Skylight
Vaulted Ceiling(s)
Walk-In Closet(s)

Exterior

Outbuilding

Heating

Oil
Wood
Baseboard
Hot Water
Wood Stove

Cooling

None

Parking

Auto Open
Direct Access
Driveway
Off Street
Paved

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Financial

Annual Taxes
$6,800

Location

Listing History

This property was listed at $499,000 on Jun 8, 2026. The price was reduced by $24,000 (4.8%) to $475,000 on Invalid Date. It has been on the market for 46 days.

Residential · NH-Belknap County · Listed Jun 8, 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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AddressPrice
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2 Kehonka Hill Road$589,000
39 Beach Pond Road$589,000

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

Recently Sold in Laconia

AddressSold PriceSold
554 Endicott Street North$55,000Jul 21, 2026
191 Court Street$285,000Jul 21, 2026
1198 Union Avenue$155,000Jul 21, 2026
95 Lady Walsingham Way$725,750Jul 20, 2026
376 Turner Way$685,900Jul 17, 2026
9 Fells Way$685,000Jul 17, 2026

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

$475,000

Under Contract

Bedrooms2
Bathrooms1
Sq Ft960
$/Sq Ft$495
Vacation Rentals

Experience the Area First

Rent a lakefront property nearby for a week or more

Listing courtesy of BHHS Verani Belmont · Tricia Balint · 603-527-1111 · Cell: 603-520-1633
PrimeMLS

IDX display courtesy of Yankee Pedlar Realtors, Wolfeboro NH.

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Listing brokers may report inaccurate data to michelle@yankeepedlarrealtors.com or call (603) 569-1000.