138 Summit Avenue, Gilford, NH, 03249
About This Home
Nestled in the heart of the prestigious Governors Island community, this classic Garrison style residence seamlessly blends traditional charm with modern luxury. Boasting over 4,000 sq/ft of living, 12 versatile rooms, a 3 car oversized garage with lift and full house generator, this exceptional home is set on a secluded 1.1 acre lot just moments away from the shores of Lake Winnipesaukee. Grand entryway, with soaring vaulted ceilings, exposed beams, & a sense of warmth that carries throughout the home. The gourmet kitchen is thoughtfully designed with custom cabinetry, granite countertops, premium appliances, & a grand island with seating for 6, perfect for family gatherings and entertaining. Spacious family/dining room feature classic pine flooring that have recently been refinished, a gas fireplace, & direct access to the backyard. A cozy living room with a pellet stove offers a welcoming retreat for movie nights or quiet evenings. Also on the first level, a full bathroom, home office, & screened in porch. Upstairs, 2 spacious bedrooms, full bathroom, and primary suite is a serene sanctuary featuring vaulted wood ceilings, sitting area, and private 3/4 bathroom. The home's entertaining wing is a showstopper, offering large family room, custom bar, billiard room, 3/4 bathroom, & 2 flex rooms. One floor up, discover the charming studio & surprise cupola with seating for two! A stunning barn, meticulously built by the owner in 2021, adds unique character to the property. GIC amenities include, beach, tennis, walking trails, & elegant club house. Come experience Governors Island living!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1975
Materials
- Foundation: Concrete
- Roof: Metal,Architectural Shingle
- Construction materials: Wood Frame,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Garrison
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Cooktop,Dishwasher,Dryer,Microwave,Mini Fridge,Double Oven,Wall Oven,Refrigerator,Washer,Wine Cooler
Basement
- Basement: Crawl Space,Partial
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 2
Features
- Cathedral Ceiling(s),Dining Area,Hearth,Kitchen Island,Kitchen/Dining,Living/Dining,Primary BR w/ BA,Natural Light,Natural Woodwork,Indoor Storage,Wet Bar
- Window features: Double Pane Windows
- Flooring: Carpet,Ceramic Tile,Softwood
- Fireplace features: 3+ Fireplaces
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 4,018
Heating & Cooling
- Heating features: Pellet Stove,Electric,Monitor Type
- Cooling features: None
Interior Area
- Total structure area: 4,018
- Total interior livable area: 4,018 sqft
Property
Details
- Parcel number: GIFLM217B046L000
- Zoning description: SFR
- Other equipment: Standby Generator
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio,Screened Porch
- Exterior features: Garden,Natural Shade
- Waterbody name: Lake Winnipesaukee
- Frontage length: Road frontage: 124
Lot
- Lot size: 1.10 Acres
- Features: Landscaped,Secluded,Walking Trails,Near Country Club,Near Golf Course,Near Paths,Near Shopping,Near Skiing,Near Snowmobile Trails,Neighborhood,Near Hospital
Parking
- Total spaces: 3
- Parking features: Paved,Heated Garage,Driveway,Garage,Parking Spaces 1 - 10,Attached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- 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
- Ice Storm
- Lightning
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Hampshire Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,076 | $108,912 |
| Home Insurance | $459 | $5,508 |
| Property Taxes | $1,599 | $19,188 |
| Electricity | $588 | $7,061 |
| Total | $11,722 | $140,664 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-08 | Listed for sale | $1,795,000 |
| 2025-07-15 | Listing removed | $1,900,000 |
| 2025-04-15 | Listed for sale | $1,900,000 |
| 2011-01-22 | Listing removed | $499,900 |
| 2010-08-12 | Listed for sale | $499,900 |
| 2000-11-01 | Sold | $185,000 |
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