Agent profile image in chat bubble
Agent profile image in chat header

Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

Agent profile image in message

435 South Mayhew Turnpike , Hebron, NH 03241
$2,595,000
Est. Payment: $13,405.61/mo
0 Bed
0 Bath
4892 Sqft
Status: active | Days on site: 103
Get Pre-Qualified
VCR-C15903466 - VCR-C159091383,VCR-C159052275

By providing your number, you are expressly consenting, in writing, to receive telemarketing and other messages, including calls or texts at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply. Text STOP to cancel.

This site is protected by reCAPTCHA and the GooglePrivacy Policy and Terms of Service apply.

House Description

Introducing The Kelby Motel - a fully reimagined 10-unit boutique motel, with deeded lake access sits on 19.5 acres overlooking the crystal-clear waters of Newfound Lake in the heart of New Hampshire’s Lakes Region. Framed by sweeping mountain views at the foothills of the White Mountains, The Kelby offers a rare combination of pristine natural surroundings, elevated design, and scalable investment potential. Current ownership executed a comprehensive transformation, rebuilding and expanding the property with a focus on durability, operational efficiency, and elevated guest experience. The 10 redesigned guest rooms, curated lounge, and full coffee shop showcase a refined Nordic-inspired aesthetic, truly a design-forward hospitality concept that resonates with today’s lifestyle traveler. In just two seasons, The Kelby has established itself as a sought-after boutique destination with proven demand and consistent year-over-year growth. The property is fully turnkey, providing immediate operational continuity for investors and entrepreneurs while preserving significant upside. With 19.5 acres, the opportunity extends well beyond the existing improvements. Year-round demand is driven by premier summer recreation on Newfound Lake, renowned fall foliage, and convenient access to hiking, boating, and winter sports. More than a motel, The Kelby is a thoughtfully built hospitality platform positioned within one of New England’s most supply-constrained lake markets ...... a rare and compelling commercial opportunity with both lifestyle appeal and long-term real estate fundamentals.

Highlights

Listed by Adam Dow , 866-525-3946 KW Coastal and Lakes & Mountains Realty/Wolfeboro , 603-610-8500. PrimeMLS mls logo

Property Type

Commercial Sale

Lot/Acreage
19.5

Year Built

1957

County

Grafton

Listing ID

5077456

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Mini Split
Fireplaces:
Basement:Yes,Crawl Space

Exterior Features

Lot:Near Skiing,Near Snowmobile Trails,Lake Access,Lake View,Lakes,Mountain View,Newfound Lake, Waterbody Type: Lake
Zoning:04 - Lake District
Roof:Asphalt Shingle
Others:Shared-Private
Sewer:Septic
Parking Features:On-Site
Principal Interest
$13,406
Taxes
$469

Home Price

$2,595,000

Loan Details

30 yrs
6.707%

Down Payment

20%
$519,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,405.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,405.61 $468.66 $0.00 $13,874.27
Yearly $160,867.34 $5,623.88 $0.00 $166,491.22
Total $4,826,020.20 $168,716.40 $0.00 $4,994,736.60

Today's Rates

30 Year

6.71%

20 Year

6.25%

15 Year

5.98%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Aug 2026

Average Price

All Price Ranges
N/A
Aug 2026

Average Days on Market

All Price Ranges
N/A
Aug 2026
Market insight data is pulled from the same city as the listing being viewed (Hebron, NH).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated August 2, 2026 5:45am

Data last updated: 2026-08-02T09:45:04.200Z

© 2026 PrimeMLS

MLS Logo - PrimeMLS