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5 South Watch Road, Meredith, NH, 03253

7beds
4baths
3,780sqft
$1,575,000
$417price/sqft
$10,150/moest. monthly cost
$406,000/yrincome needed

About This Home

Open house 5/9 from 1pm to 3pm. Experience the pinnacle of lakeside living in the prestigious, gated community of Grouse Point Club. This expansive residence offers a rare combination of comfort, and breathtaking panoramic mountain & Lake Winnipesaukee views. The main level is designed for both entertaining & quiet relaxation, featuring a spacious deck perfect for taking in the fresh air. At its heart is a galley kitchen featuring a convenient walk-in pantry & a charming breakfast nook. The dining room flows seamlessly into the living room, anchored by a unique three-sided fireplace that provides warmth & ambiance from every angle while you gaze out at the mountain views and sparkling waters of Lake Winnipesaukee. Retreat to the upper level, where you will find four well-appointed bedrooms & a full guest bath. The spacious primary suite serves as a private sanctuary, complete w/ its own full ensuite bathroom. The walk-out lower level adds incredible versatility to the home, boasting a cozy family room w/ a second fireplace, a three-season porch to enjoy the fresh mountain air, two additional bedrooms, & a full bath—perfect for a multi-generational setup or hosting weekend guests. Living in Grouse Point Club means more than just a beautiful home; it’s a lifestyle. Residents enjoy exclusive access to world-class amenities, including a private clubhouse w/ an indoor pool, hot tub, exercise room, & a function room with a full kitchen. Outdoors, you can spend your summers at the incredible private beach, play a match on the tennis courts, or explore the meticulously landscaped grounds. There are also day docks. Whether you are looking for a summer retreat or a year-round residence, this home allows you to enjoy the very best of all 4-seasons in the heart of the Lakes Region. Complete with a two-car garage & situated in a secure, gated environment, this is a rare opportunity to own a piece of Meredith’s most sought-after community. Possibility for a mooring rental.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

7/10
Sandwich Central SchoolGrades K-611.7 mi
--
Inter-Lakes Middle TierGrades 5-81.9 mi
6/10
Inter-Lakes High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1993

Materials

  • Foundation: Concrete
  • Roof: Asphalt Shingle
  • Construction materials: Wood Frame,Wood Siding

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Wall Oven,Electric Range,Refrigerator
  • Laundry features: Laundry Hook-ups,1st Floor Laundry

Basement

  • Has basement: Yes
  • Basement: Climate Controlled,Concrete,Daylight,Finished,Full,Walkout,Interior Access,Exterior Entry,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Dining Area,Kitchen/Dining,Living/Dining,Primary BR w/ BA,Natural Light,Soaking Tub,Walk-in Pantry
  • Window features: Blinds
  • Flooring: Carpet,Tile,Vinyl,Wood
  • Number of fireplaces: 2
  • Fireplace features: 2 Fireplaces
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,780

Heating & Cooling

  • Heating features: Propane,Wood,Baseboard,Hot Water
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 3,840
  • Total interior livable area: 3,780 sqft

Property

Accessibility

  • Accessibility features: 1st Floor 1/2 Bathroom,1st Floor Hrd Surfce Flr,Paved Parking,1st Floor Laundry

Details

  • Parcel number: MEREM00S18B00037L0511
  • Zoning description: S

Features

  • Levels: 3,Multi-Level,Tri-Level,Walkout Lower Level
  • Stories: 3
  • Patio & porch: Enclosed Porch
  • Exterior features: Boat Mooring,Day Dock,Trash,Deck,Tennis Court(s)
  • Has view: Yes
  • View description: Water,Lake,Mountain(s)
  • Has water view: Yes
  • Water view: Water,Lake
  • Waterfront features: Beach Access,Lake Access,Lakes
  • Waterbody name: Lake Winnipesaukee
  • Frontage length: Road frontage: 60

Lot

  • Lot size: 0.32 Acres
  • Features: Hilly,Landscaped,Level,Sloped,Subdivided,Views,Near Country Club,Near Golf Course,Near Shopping,Near Skiing,Near Snowmobile Trails,Neighborhood,Near Hospital,Near School(s)

Parking

  • Total spaces: 2
  • Parking features: Paved,Direct Entry,Finished,Driveway,Garage,Parking Spaces 3 - 5,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Ice Storm
Winter Weather
Inland Flooding
Strong Wind

FEMA Declared Disasters Across New Hampshire Counties

Flood
Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,964$95,568
Home Insurance $294$3,528
Property Taxes $1,339$16,068
Electricity $553$6,642
Total$10,150$121,800

Income You'd Need if You Spent...

35% on housing$348,000/yr
40% on housing$304,500/yr
45% on housing$270,666/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 8.6%
8.6%
0%15.0%
Property Taxes Growth Rate2-year average: -2.5%
-2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$417This listing

vs Other Active Listings

Avg $/sqft

ZIP 03253$604
Belknap County$337

vs Homes Sold Last Month

Median $/sqft

ZIP 03253$341
Belknap County$320

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Price change$1,800,000
2026-03-30Listed for sale$1,900,000
1996-02-06Sold$205,000

For Sale by Agent

AgentSusan Brown
BrokerageRoche Realty Group

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