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1351 First NH Turnpike, Northwood, NH, 03261

8beds
4baths
3,197sqft
$995,000
$311price/sqft
$6,950/moest. monthly cost
$278,000/yrincome needed

About This Home

Set on 6.2 scenic acres with beautiful views of Northwood Lake, this rare property offers the perfect blend of privacy, flexibility and income potential. The spacious main home features 6 bedrooms, 2.5 updated bathrooms and a beautifully remodeled kitchen with granite countertops. Multiple living spaces including both a large living room and a family room with sliding doors to the deck, create the perfect setting for entertaining or simply enjoying the peaceful lake views. What truly sets this property apart is the detached second building. Above the oversized 4-car garage is a well appointed 2-bedroom apartment that can generate monthly income towards your mortgage, be used for short term rental or provide space for extended family. Then there is the expansive garage below this building that provides room for 4-6 additional vehicles, a workshop, hobby space, equipment storage or a home based business. Whether your looking for a private family retreat, multigenerational property, investment opportunity or a home with space to grow your business, this one-of-a-kind property offers exceptional flexibility in a stunning lakeside setting. See mls number 5105100

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

6/10

Construction

Condition

  • Year built: 1880

Materials

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

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Finished area below ground: 0
  • Finished area above ground: 3,197

Heating & Cooling

  • Heating features: Oil,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 3,980
  • Total interior livable area: 3,197 sqft

Property

Details

  • Parcel number: NWOOM00109L000020S000000
  • Zoning description: General District

Features

  • Levels: Two
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterbody name: Northwood Lake
  • Frontage length: Water frontage: 315,Road frontage: 215

Lot

  • Lot size: 6.20 Acres
  • Features: Sloped,Abuts Conservation

Parking

  • Total spaces: 10
  • Parking features: Paved
  • Has garage: Yes
  • Attached garage spaces: 10
  • Covered spaces: 10

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 StormRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Inland Flooding
Lightning
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across New Hampshire Counties

Flood
Severe Storm
Snowstorm
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 $5,031$60,372
Home Insurance $289$3,468
Property Taxes $1,162$13,944
Electricity $468$5,618
Total$6,950$83,400

Income You'd Need if You Spent...

35% on housing$238,285/yr
40% on housing$208,500/yr
45% on housing$185,333/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: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 8.6%
8.6%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$311This listing

vs Other Active Listings

Avg $/sqft

ZIP 03261$227
Rockingham County$349

vs Homes Sold Last Month

Median $/sqft

ZIP 03261$294
Rockingham County$328

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)

No zestimate history available

Price History

DateEventPrice
2026-08-03Price change$995,000
2026-07-03Listed for sale$1,125,000

For Sale by Agent

AgentBeth Adams
BrokerageCentury 21 Circa 72 Inc.

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