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1261 King Hill Road, New London, NH, 03257

3beds
3baths
2,191sqft
$549,000
$251price/sqft
$3,749/moest. monthly cost
$149,960/yrincome needed

About This Home

Situated in low tax New London, NH, and perched on a rise with seasonal views of Mt. Kearsarge, this 4 bedroom, 3 bath home is deceptively spacious. The property has been extensively refurbished and refreshed with new amenities: an open concept kitchen with ample storage and granite countertops, 3 beautifully appointed full bathrooms, hardwood floors throughout the main floor, a lovely fireplace in the main living area, a private bedroom with an ensuite bath above the oversized garage, and a windowed office area looking onto the tiered deck that disappears into your own forest. Outside, the mature manicured landscaping surrounding your private deck provides sanctuary from the hectic world, yet it is only minutes away from everything you could possibly need. We encourage you to look at this exceptional property. Sale is subject to seller finding suitable housing.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1950

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Bulkhead,Full,Interior Stairs,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Carpet,Hardwood,Tile
  • Finished area below ground: 0
  • Finished area above ground: 2,191

Heating & Cooling

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

Interior Area

  • Total structure area: 3,021
  • Total interior livable area: 2,191 sqft

Property

Accessibility

  • Accessibility features: 1st Floor Bedroom,1st Floor Full Bathroom

Details

  • Parcel number: NLDNM130L24S0
  • Zoning description: ARR -

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Deck,Garden
  • Frontage length: Road frontage: 228

Lot

  • Lot size: 0.96 Acres
  • Features: Landscaped

Parking

  • Total spaces: 2
  • Parking features: Gravel,Auto Open,Direct Entry,Parking Spaces 2
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $2,776$33,312
Home Insurance $140$1,680
Property Taxes $513$6,156
Electricity $320$3,850
Total$3,749$44,988

Income You'd Need if You Spent...

35% on housing$128,537/yr
40% on housing$112,470/yr
45% on housing$99,973/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

$251This listing

vs Other Active Listings

Avg $/sqft

ZIP 03257$433
Merrimack County$260

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
2026-08-01Listed for sale$549,000
2013-04-01Sold$209,400
2013-03-10Price change$212,900
2013-02-16Price change$217,900
2012-09-01Price change$219,900
2012-08-01Price change$229,900
2012-06-12Price change$234,900
2012-05-03Price change$239,900
2012-04-14Price change$244,900
2012-03-26Listed for sale$249,900

For Sale by Agent

AgentMary Lou Cummings
BrokerageColdwell Banker LIFESTYLES

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