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1502 King Hill Road, New London, NH, 03257

5beds
6baths
4,976sqft
$1,795,000
$361price/sqft
$11,944/moest. monthly cost
$477,760/yrincome needed

About This Home

This authentic historic reproduction Shaker Meetinghouse would have made Moses Johnson proud. The home was painstakingly designed and built by Snow Builders; known as one of the premier craftsman in the New London area. Shaker inspired details are abound in this authentic replication. The Shakers were well known for simple and efficient construction and craftsmanship; and this home reflects those values. As they designed their homes they configured the interiors to incorporate the most of the space available and maximized natural sunlight coming in from all directions. The layout of the main floor allows you to easily entertain both family and friends. The initial aspiration was to build the property to be utilized as a Bed and Breakfast; and it was for many of the early years. A lower level handicap accessible accessory dwelling unit can be used for multi-generational housing, extended family or in-law use and/or for a live-in adult or child care provider. The owners just constructed an attached oversized 2-vehicle garage with additional space above available from the interior of the second floor (maybe a future primary bedroom suite). Then there's the 1728 sq.ft. barn, which incorporates a Yankee Barn post and beam frame, (2) 12 foot opposite end doors and it's own separate electric service panel. Come live where you are surrounded by spring fed lakes and ponds and can choose numerous skiing/snowboarding mountains. The area is filled with hiking trails for all ability levels; including majestic Mount Kearsarge. Close to New London shopping and eateries/restaurants/cafes . . . this is ONE for the ages.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1999

Materials

  • Foundation: Poured Concrete
  • Roof: Architectural Shingle,Asphalt Shingle
  • Construction materials: Fiberglss Batt Insulation,Cedar Exterior,Clapboard Exterior

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Range Hood,Gas Range,Refrigerator,Washer,Domestic Water Heater,Propane Water Heater,Water Heater

Basement

  • Has basement: Yes
  • Basement: Climate Controlled,Concrete,Concrete Floor,Crawl Space,Daylight,Full,Insulated,Partially Finished,Interior Stairs,Walkout,Exterior Entry,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • 3/4 bathrooms: 6

Features

  • In-Law Suite
  • Window features: Double Pane Windows
  • Flooring: Hardwood
  • Fireplace features: Wood Burning,Wood Stove Hook-up
  • Fireplace: Yes
  • Finished area below ground: 1,284
  • Finished area above ground: 3,692

Heating & Cooling

  • Heating features: Wood,Baseboard,Forced Air,Hot Water,Zoned,Boiler
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,604
  • Total interior livable area: 4,976 sqft

Property

Accessibility

  • Accessibility features: 1st Floor 3/4 Bathroom,1st Floor Laundry

Details

  • Parcel number: NLDNM129L18S0
  • Zoning description: ARR
  • Other equipment: Radon Mitigation

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Shed
  • Frontage length: Road frontage: 226

Lot

  • Lot size: 5.40 Acres
  • Features: Country Setting,Landscaped,Level,Open Lot,Slight,Wooded,Near Skiing,Rural

Parking

  • Total spaces: 2
  • Parking features: Crushed Stone,Auto Open,Direct Entry,Storage Above,Driveway,Garage,Unpaved,Barn,Attached,Detached
  • 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

  • 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 $9,076$108,912
Home Insurance $461$5,532
Property Taxes $1,679$20,148
Electricity $728$8,744
Total$11,944$143,328

Income You'd Need if You Spent...

35% on housing$409,508/yr
40% on housing$358,320/yr
45% on housing$318,506/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

$361This listing

vs Other Active Listings

Avg $/sqft

ZIP 03257$422
Merrimack County$259

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
2026-08-11Price change$1,650,000
2026-06-17Listed for sale$1,795,000
2015-08-01Listing removed$749,000
2015-03-05Listed for sale$749,000
2014-12-01Listing removed$895,500
2014-05-16Listed for sale$895,500
2014-03-21Listing removed$895,500
2013-04-12Price change$895,500
2013-03-26Listed for sale$995,500
2012-10-25Listing removed$1,125,000
2012-08-10Listed for sale$1,125,000

For Sale by Agent

AgentAlan M Croteau
BrokerageReal Property Options

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