PRICE IMPROVEMENT! The historic Isaac Merrill House presents a unique investment opportunity in the heart of North Conway. Originally established in 1773 and long operated as a well-known bed & breakfast, the property is currently configured as a 17-room extended-stay rental property serving the Mount Washington Valley workforce housing market. Generating over $212,000 in annual gross income, the property offers immediate cash flow with future upside potential. Seller financing available for qualified buyers. Located on sought-after Kearsarge Road, just minutes from North Conway Village, Cranmore Mountain Resort, Schouler Park, Story Land, shopping, dining, and year-round recreation. The flexible layout offers multiple possibilities for future use, including continued workforce housing, group lodging, boutique inn operations, or potential conversion back to a bed & breakfast, subject to local approvals. Showings by appointment only to accommodate current residents.
| Units | 17 |
| Living area | 7,800 sqft |
| Lot size | 26,571 sqft |
| Year built | 1773 |
| Price / sqft | $160 |
| County | Carroll |
| MLS # | 73486281 |
| Days on market | 82 days |
| Listed on | March 12, 2026 |
| Annual property tax | $11,681 |
| Tax year | 2024 |
| Assessed value | $1,018,400 |
| Zoning | RA |
| Gross income (actual) | $212,400/yr |
| Net operating income (actual) | $119,432/yr |
| Total actual rent | $17,814/mo |
| Stories | 2 |
| Total rooms | 17 |
| Lot size | 0.61 acres |
| Garage spaces | 0 |
| Parking spaces | 16 |
| Parking | Off Street, Common, Unpaved |
| Basement | Partial, Interior Entry, Concrete, Unfinished |
| Foundation | Granite |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Carpet |
| Heating | Electric, Radiant |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Range, for Electric Oven |
| Appliances | Refrigerator |
Listing courtesy of Keller Williams Coastal and Lakes & Mountains Realty — Pamela Adami. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 17-unit multi-family property with 7,800 sqft of living area, built in 1773.
720 Kearsarge, Conway NH 03860 has been listed for 82 days (since March 12, 2026).
Annual property taxes are $11,681 (2024), on an assessed value of $1,018,400.
At $1,250,000 for 7,800 sqft, that's about $160 per square foot.
16 total parking spaces (off street, common, unpaved).
720 Kearsarge, Conway NH 03860 is in Conway, Carroll County, MA 03860.