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$1,200,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 7 Beds
  • 6 Full Baths
  • 7,346 Sq. Ft.
  • 2.04 Acres
  • 2 Car Garage
  • Updated 4 days ago
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Outstanding investment opportunity on just over 2 acres in a prime Gilford location! This well-maintained mixed-use property offers exceptional income potential with two spacious buildings, 7 total units, and multiple revenue streams. The property includes 3 residential rental units with 7 bedrooms and 6 baths and 4 office/business spaces, all with separate utilities, offering flexibility and ease of management. Additional highlights include a 2-car garage, drilled well, public sewer, and natural gas. Ample paved parking, landscaped and level lot with 396 feet of road frontage, and high-visibility signage add to the appeal. Situated near Laconia Municipal Airport, Lake Winnipesaukee, and Gunstock Mountain, this location benefits from strong traffic flow and proximity to major regional attractions and thriving local businesses. All units are currently rented, offering immediate income and stability. With its flexible layout, prime location, and mix of residential and commercial spaces, this property offers endless possibilities-whether you're looking to diversify your portfolio, establish a business presence, or simply invest in one of Gilford's most dynamic areas. A rare and versatile opportunity that's ready to go from day one!

Full Property Details for 42 + 44 Gilford East Dr

General

  • Price: $1,200,000
  • Taxes: $9,368 (2024)
  • Status: Pending
  • Type: Single Family
  • Source: PrimeMLS
  • MLS ID: 5057812
  • Updated: 1/14/2026
  • Added to Site: 149 day(s) ago

Interior

  • Number of Rooms: 20

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 7

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: Belknap
  • Driving Directions: East on Route 11 from Laconia. Take your first left onto Gilford East Drive. Second property on the right.

School Information

  • School District: Gilford Sch District SAU #73
  • Elementary School: Gilford Elementary
  • Middle School: Gilford Middle
  • High School: Gilford High School

Heating & Cooling

  • Cooling Type: Wall AC Units
  • Heating Type: Natural Gas, Baseboard, Electric, Hot Water, Multi Zone

Utilities

  • Sewer: Public

Structural Information

  • Construction Status: Existing
  • Basement Entrance: Walkout
  • Basement Desc.: Daylight, Finished, Full
  • Roof: Metal, Shingle
  • Stories/Levels: 2
  • Square Feet: 7,346
  • Finished Total: 7,346 Sq. Ft.
  • Finished Above Grnd: 3,996 Sq. Ft.
  • Finished Below Grnd: 3,350 Sq. Ft.
  • Year Built: 1982

Lot Features

  • Lot Size (Acres): 2.04
  • Lot Size (Sq. Ft.): 88,862
  • Frontage: Yes Road Frontage
  • Frontage Feet: 396
  • Driveway/Sidewalk: Paved
  • Zoning: Commercial

Water Features

  • Water Access: Yes
  • Water Front Type: Lake
  • Water Front Name: Lake Winnipesaukee

Financial Considerations

  • Price Per Sq. Ft.: $163.35
  • Tax Amount: $9,368
  • Tax Year: 2024

Disclosures and Reports

  • Surveyed: Yes
  • Block: 31
  • Lot Number: 1 + 2

Listed by KW Coastal and Lakes & Mountains Realty/Meredith, Rachel Xavier

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Listed by KW Coastal and Lakes & Mountains Realty/Meredith, Rachel Xavier

Listing agent

— 42 + 44 Gilford East Dr —

  • Rachel Xavier

    KW Coastal and Lakes & Mountains Realty/Meredith

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 42 + 44 Gilford East Dr

School District:Gilford School District
NameGradesDistance
Gilford Middle School
72 Alvah Wilson Road, Gilford, NH 03249
5-81.9 mi
Gilford Elementary School
76 Belknap Mountain Road, Gilford, NH 03249
K-42 mi
Gilford High School
88 Alvah Wilson Road, Gilford, NH 03249
9-122 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 42 + 44 Gilford East Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/15/2025
Price Reduced
$1,200,000
-7.69%
MLS
8/22/2025
Listed
$1,300,000
136.36%
MLS
10/31/2024
Sold
$550,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 42 + 44 Gilford East Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,496
9%
$399,600
—
2023
$4,116
10%
$399,600
31%
2022
$3,725
—
$304,100
—
2021
$3,734
3%
$304,100
26%
2020
$3,637
-6%
$242,000
-1%
2019
$3,879
-5%
$244,600
2%
2018
$4,093
-1%
$240,200
—
2017
$4,146
-4%
$240,200
—
2016
$4,312
—
$240,200
—
2015
$4,316
-28%
$240,200
-26%
2011
$6,032
—
$325,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 42 + 44 Gilford East Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by KW Coastal and Lakes & Mountains Realty/Meredith, Rachel Xavier

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42 + 44 Gilford East Drive, Gilford, NH 03249 (MLS# 5057812) is a Single Family property with 7 bedrooms and 6 full bathrooms. 42 + 44 Gilford East Drive is currently listed for $1,200,000 and was received on August 22, 2025. Want to learn more about 42 + 44 Gilford East Drive? Do you have questions about finding other Single Family real estate for sale in Gilford? You can browse all Gilford real estate or contact a Coldwell Banker agent to request more information.

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