 603-643-3942
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$2,899,000 | $593 per sq.ft.
Commercial Property, 435 South Mayhew Turnpike Hebron NH | Space type on Newfound MLS# 5077456 |
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| DESCRIPTION
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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.
Sale Includes : Additional Buildings | Equipment | Inventory | Land/Building/Business | Furnishings Price per SQFT | 592.60 Net Income| 0 Management Expense-| $0 Insurance Expense -| $0 | |||
| FEATURES AND DETAILS
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CONSTRUCTION: Wood Siding | Price Per SQ.FT. 592.60 | Year Built: 1957 No. of Units-| 10 Building Size | 4892 Basement: Crawl Space |
Roof: Asphalt Shingle Road Frontage: 175 Heating: Electric | Wall Furnace | Propane | Mini Split Cooling: Mini Split Electric: 200+ Amp Service Utilities: Propane No. of Docks | 0. No. of Drive Doors | 4892. AC % | 100. |
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| LAND INFORMATION
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ADDITIONAL INFORMATION
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Lot size: 19.5 acres Zoned: 04 - Lake District Road Frontage: 175 |
Taxes $5,624 | Assesed Value $0 in | ||
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15 Buck Rd. Hanover, NH 03755 603-643-3942 Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College |
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Data last updated April 19th, 2026 |
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