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373 Lakeshore Drive, New London, NH, 03257

5beds
9baths
8,551sqft
$6,495,000
$760price/sqft
$41,756/moest. monthly cost
$1,670,240/yrincome needed

About This Home

This gracious New London waterfront estate offers 20.5 acres of privacy overlooking breathtaking views of the shimmering waters of Class-A  Pleasant Lake. Expansive lawns, lush gardens and wooded glades give way  to a meandering path that leads to a sandy beachfront cabana and deep water dock. This distinguished custom luxury home was built new in 2001 and enhanced significantly in recent years. A majestic foyer opens to a spectacular two-story paneled great room, adjacent music room and formal dining room ideal for entertaining. The chef-quality kitchen is truly the heart of the home with top-of-the-line appliances, abundant storage and an inviting breakfast room, cozy family room and sun-filled porch. A three bay heated garage is accessed via an entrance with coat closets, storage cubbies, a small office and half bath. The first floor primary suite is convenient yet extremely private and includes a lake-view library, his and hers dressing rooms, and an expanded bath with soaking tub. There are five fireplaces on the main living level. The second floor features four spacious bedrooms, each with ensuite bath. An inviting balcony overlooks the grounds and the lake.  A large exercise room offers an adjacent bath and storage room. There is a charming two bedroom guest house with full kitchen, two baths and ample storage. There are five garage bays between the main and guest houses. Relax at your sandy perched beach and enjoy your private waterfront.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 2001

Materials

  • Foundation: Concrete
  • Roof: Other Shingle
  • Construction materials: Wood Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Mini Fridge,Gas Range,Refrigerator,Washer,Wine Cooler
  • Laundry features: 1st Floor Laundry

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 9
  • Full bathrooms: 2
  • 3/4 bathrooms: 5
  • 1/2 bathrooms: 2

Features

  • Bar,Cathedral Ceiling(s),Kitchen Island,Kitchen/Family,Primary BR w/ BA,Natural Light,Soaking Tub,Vaulted Ceiling(s),Walk-In Closet(s),Walk-in Pantry
  • Flooring: Hardwood,Tile
  • Fireplace features: 3+ Fireplaces
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 8,551

Heating & Cooling

  • Heating features: Baseboard,Hot Water
  • Cooling features: Central Air

Interior Area

  • Total structure area: 14,671
  • Total interior livable area: 8,551 sqft

Property

Accessibility

  • Accessibility features: 1st Floor 1/2 Bathroom,1st Floor Bedroom,1st Floor Full Bathroom,3 Ft. Doors,1st Floor Laundry

Details

  • Parcel number: NLDNM37L4S0
  • Zoning description: Residential
  • Other equipment: Sprinkler System,Standby Generator

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Boat Mooring,Boat Slip/Dock,Balcony,Deck,Garden
  • Has view: Yes
  • View description: Water,Lake
  • Has water view: Yes
  • Water view: Water,Lake
  • On waterfront: Yes
  • Waterfront features: Beach Access,Deep Water Access,Lake Front,Lakes,Waterfront
  • Waterbody name: Pleasant Lake
  • Frontage length: Water frontage: 365,Road frontage: 377

Lot

  • Lot size: 20.56 Acres
  • Features: Landscaped,Recreational,Secluded,Trail/Near Trail,Views,Walking Trails,Near Paths,Near Skiing,Near Snowmobile Trails,Near School(s)

Parking

  • Total spaces: 5
  • Parking features: Paved
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5

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

  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Lightning
Winter Weather

FEMA Declared Disasters Across New Hampshire Counties

Flood

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 $32,842$394,104
Home Insurance $1,668$20,016
Property Taxes $5,994$71,928
Electricity $1,252$15,027
Total$41,756$501,072

Income You'd Need if You Spent...

35% on housing$1,431,634/yr
40% on housing$1,252,680/yr
45% on housing$1,113,493/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: 14.0%
14.0%
0%30.0%
Electricity Growth Rate10-year average: 8.6%
8.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$760This listing

vs Other Active Listings

Avg $/sqft

ZIP 03257$382
Merrimack County$258

vs Homes Sold Last Month

Median $/sqft

ZIP 03257$279
Merrimack County$275

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
2026-04-25Listed for sale$6,495,000
2025-11-12Listing removed$6,995,000
2025-07-22Price change$6,995,000
2025-05-21Listed for sale$7,995,000
2016-09-30Sold$3,250,000
2015-12-26Sold$3,250,000

For Sale by Agent

AgentPamela Perkins
BrokerageFour Seasons Sotheby's Int'l Realty

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