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435 South Mayhew Turnpike, Hebron, NH 03241

$2,899,000
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New to the Market Active
MLS#5077456
STATUSActive PROPERTY TYPECommercial - Retail

Listing Courtesy of: KW Coastal and Lakes Mountains Realty/Wolfeboro
Agency Contact: Phone: 866-525-3946
Associate Name: Adam Dow
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Property Description

Introducing The Kelby Motel - a fully reimagined 10-unit boutique motel, with deeded lake access sits on 19.5 acres overlooking the crystal-clear waters of Newfound Lake in the heart of New Hampshire's Lakes Region. Framed by sweeping mountain views at the foothills of the White Mountains, The Kelby offers a rare combination of pristine natural surroundings, elevated design, and scalable investment potential. Current ownership executed a comprehensive transformation, rebuilding and expanding the property with a focus on durability, operational efficiency, and elevated guest experience. The 10 redesigned guest rooms, curated lounge, and full coffee shop showcase a refined Nordic-inspired aesthetic, truly a design-forward hospitality concept that resonates with today's lifestyle traveler. In just two seasons, The Kelby has established itself as a sought-after boutique destination with proven demand and consistent year-over-year growth. The property is fully turnkey, providing immediate operational continuity for investors and entrepreneurs while preserving significant upside. With 19.5 acres, the opportunity extends well beyond the existing improvements. Year-round demand is driven by premier summer recreation on Newfound Lake, renowned fall foliage, and convenient access to hiking, boating, and winter sports. More than a motel, The Kelby is a thoughtfully built hospitality platform positioned within one of New England's most supply-constrained lake markets ...... a rare and compelling commercial opportunity with both lifestyle appeal and long-term real estate fundamentals.

435 South Mayhew Turnpike | MLS# 5077456

This commercial property located at 435 South Mayhew Turnpike, Hebron, NH 03241 is currently listed for sale with an asking price of $2,899,000. Search Hebron real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Commercial - Retail
Basement: Crawl Space
Cooling: Mini Split
Heating: Electric, Wall Furnace, Propane, Mini Split
Lot Size: 19.50 Acres
Roof Type: Asphalt Shingle
Taxes: $5,623
Year Built: 1957

Feature Descriptions

Basement Access: Interior
Days on Site: 6
Exterior: Wood Siding
Lot: Near Skiing, Near Snowmobile Trails, Lake Access, Lake View, Lakes, Mountain View
Nearby Bodies of Water: Newfound Lake
Parking: On-Site
Road Frontage: 175
Sale Inclusions: Additional Buildings, Equipment, Inventory, Land/Building/Business, Furnishings
Sewer: Septic
Units: 10
Water: Drilled Well
Water Access: Yes
Water Body Type: Lake
Water View: Yes
Zoning: 04 - Lake District

Listed By / Shown By

Listed By

Agency Name: KW Coastal and Lakes Mountains Realty/Wolfeboro
Agency Contact: Phone: 866-525-3946
Agent Name: Adam Dow

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