Governor’s Island on Lake Winnipesaukee

Governor's Island, Lake Winnipesaukee, NH
Governor’s Island, Lake Winnipesaukee, NH

The Lakes Region is known for its abundance of four-season communities with multiple choices for almost every imaginable budget. Governor’s Island on Lake Winnipesaukee in Gilford is certainly one that stands out. Over the years the island has transitioned one of the finest waterfront communities on Winnipesaukee which will continue to evolve for future generations to enjoy.

Governor’s Island includes 504 acres and is approximately 1.8 miles long and .7 miles wide. The island was originally owned by Governor Wentworth through a land grant in 1772 however all his lands and estates were confiscated during the revolution and Samual Gilman was elected to divide the land. In 1780 Governor’s Island was purchased and later sold to a US Senator who also became Governor of NH. He then sold the property to a man from Alton, NH for $1200.00 and was again sold to Eleazer Davis whose son, Nathaniel Davis built the bridge and established a farming co-op. In 1883 it was leased to Stilson Hutchins (The founder of The Washington Post) for $1,000.00/year for 99-years. He is credited for the road along the shoreline and throughout the island.  He 1885 he started construction on a Granite mansion which unfortunately caught fire 50 years later and his attempt at the development failed. After World War II construction started to increase and more homes starting rising along the shore of Lake Winnipesaukee.

Fast forward to today where you will find some of the finest luxury homes located on the “Big Lake” which have been constructed along the shores of this unique island.  Additionally, a number of exquisite homes within the interior road network of the island enjoy shared access to the Governor’s Island amenities and beaches.

Over the years many of the original modest cape style residences have been torn down and larger estate homes and compounds have been built with some of the most eye appealing architectural designs found in New England.  These luxury homes include extensive docking systems, many with breakwaters and canopied docks. A large part of the island is preserved as natural common-conservation land with hiking and cross-country trails meandering throughout the island. Members of the Governor’s Island Club enjoy outstanding amenities including natural sandy beaches with breakwaters, tennis courts, playground and a wonderful clubhouse overlooking the waterfront recreation area. Here you can enjoy picnics, gatherings and specials occasions with loved ones. The gradual sandy beaches are some of the finest you will see on Lake Winnipesaukee. The waterfront homes enjoy expansive views from all directions, some orienting towards Gunstock and The Belknap Mountains while others face the White Mountains, Mt. Washington and The Ossipees.

The island is accessed by a small scenic bridge which leads to Route 11D. It is one of five bridged islands on Lake Winnipesaukee and is the fourth largest island out of 274 on Lake Winnipesaukee with Long Island being the largest at 1,186 acres.

Today there are over 167 property owners on Governor’s Island. Together all the properties represent a total assessed value of approximately $241,000,000. This valuation produces a total tax revenue of $4.3 million annually for the Town of Gilford.  Keep in mind, Gilford’s tax revenue is approximately $29 million, therefore Governor’s Island residents contribute about 14.8% of Gilford’s tax revenue. That’s a lot of money when you consider that the entire island was once sold for $1200.00.

During 2015 there were 8 resales on Governor’s Island ranging from $850,000-$3,800,000. In 2014 there were 6 ranging from $1,500,000-$1,650,000. During the last couple of years, the island has seen considerable new construction with some gorgeous lakefront homes substantial in size being built, which are not included in these figures. At this present time there are 9 lakefront homes available ranging from a low of $1,499,000 to a high of $10,000,000.

If you would like to view or dream about some of these fine waterfront homes take a look on Google™ and search “Governors Island on Lake Winnipesaukee” … RocheRealty.com will pop up first and direct you to our Governor’s Island Club page on our website which features some quick facts, nice photos and all available properties for sale.

We are so fortunate in the Lakes Region to have such a wide variety of properties and communities on so many different lakes. From three season cottages to luxurious lakefront estates the choices are endless.

Please feel free to visit www.s21794.p694.sites.pressdns.com to learn more about the Lakes Region and its real estate market.

Frank Roche is president of Roche Realty Group, with offices in Meredith and Laconia, NH. Frank can be reached at (603) 279-7046.

Share on facebook
Share on twitter
Share on google
Share on reddit
Share on pinterest
Picture of NH condominium home with pool

Affordable Housing is Always in Demand

There’s a lot of talk lately about the lack of affordable housing in the Lakes …

Read More →
Kitchen renovation

Small Improvements Make a Big Difference

During this past spring and summer, a large number of homeowners throughout the Lakes Region …

Read More →
Sales Volume and Prices of Luxury Homes Raising Nationally

Sales Volume and Prices of Luxury Homes Raising Nationally

Many national headlines are talking about the booming high-end vacation home market, in addition to …

Read More →
Support Small Businesses

Are we seeing a retail apocalypse?

During this past summer, I have been talking mainly about the exploding residential real estate …

Read More →
House and cash on a balance scale

Tips for Buyers in a “Seller’s Market”

We are currently experiencing a strong seller’s market here in the Lakes Region. 2020 has …

Read More →
Randy Miller Joins Roche Realty Group

Randy Miller Joins Roche Realty Group

Frank Roche, President of Roche Realty Group, Inc. with offices in Meredith and Laconia, is …

Read More →
Picture of a carpenter working on a floor

Lakes Region Construction Activity Update

It has been a wild summer out here in the Real Estate industry!  I thought …

Read More →
The Opera House in Laconia NH

The Vision behind the “Opera House” Renovation: Revitalization of the Lakeport Area

There is a lot of excitement brewing in the Lakeport area! Previously shuttered for decades, …

Read More →

Roche Realty Group Sells Trustworthy Hardware Building

Laconia – Tom Drouin of Roche Realty Group represented both the Seller and the Buyer of …

Read More →
Highland Ridge

Strong Demand at Highland Ridge With 20 Home Sales.

Sales of newly constructed homes throughout the Lakes Region have been very brisk the past …

Read More →
Hikers overlooking the lake in New Hampshire, voted "Best State to Live in America" in 2020.

New Hampshire Leads the Pack Again!

New Hampshire Leads the Pack Again! A recent article on moneywise by Esther Trattner showed …

Read More →

Hot Markets Around Lake Tahoe and Lake Winnipesaukee

I was reading a recent article on CNBC by Robert Frank the other day where …

Read More →
NH River Kayaking

Rolling down the river

A month and a half ago, we had a fun kayaking trip down the Merrimac …

Read More →

Historic Landmark is a Focal Point of Windward Harbor on Lake Winnipesaukee

Visitors to Lake Winnipesaukee have long recognized the special qualities of Windward Harbor. Its deep …

Read More →
South Down Shores on Lake Winnipesaukee, NH

How Did South Down Shores and Long Bay on Lake Winnipesaukee Get Started?

When construction started in 1981, Laconia’s South Down Farm offered an ideal picturesque setting for …

Read More →
Balmoral on Lake Winnipesaukee

Four Season Living at Balmoral on Lake Winnipesaukee

There are so many water-access communities in the Lakes Region that provide great memories. Let’s …

Read More →

An Overview of Governor’s Island on Lake Winnipesaukee

Find Governor’s Island Homes for Sale The Lakes Region is known for its abundance of …

Read More →
Suissevale on Lake Winnipesaukee, NH

Suissevale: A Desirable Community on Lake Winnipesaukee in Moultonborough

When you navigate the shores of Lake Winnipesaukee, there’s 71 square miles of water and 274 …

Read More →
Gunstock Acres in Gilford, NH

Gunstock Acres in Gilford: A Popular Water Access Community

Find homes for sale in Gunstock Acres We have so many interesting communities in the …

Read More →
The docks at South Down Shores in Laconia

The Impact of Second Homes in the Lakes Region

As I drive around the Lakes Region during this period of social distancing, I’ve been …

Read More →
At the top of Piper Mountain, New Hampshire

Hiking in New Hampshire

Hiking is an excellent (and free!) way to stay in shape, and the awesome feeling …

Read More →
Wolfeboro NH

Thankful to be Living in New Hampshire During This Difficult Period

All of us in the Lakes Region have seen a tremendous impact to our lifestyles …

Read More →

How we are embracing technology to continue to serve our clients and customers during this COVID-19 outbreak

The fast-spreading Coronavirus has created an enormous impact on all of us. Draconian measures to …

Read More →
Roche Realty Group Meredith Office

Roche Realty Group Reports Sales of $130.4 Million for 2019

Frank Roche, President of Roche Realty Group, Inc with offices in Meredith and Laconia, has …

Read More →
Kevin Shaw Realtor

Kevin Shaw of Roche Realty Group, Inc. Produces $36.6 Million in Sales for 2019

Laconia, NH – Frank Roche, President of Roche Realty Group with offices in Meredith and Laconia, …

Read More →
Warming feet by a fire at home

Home and Holiday

If you think about it, many classic Christmas songs (and movies) are centered on the …

Read More →
Thanksgiving for NH

Thanksgiving for New Hampshire

We have so many reasons to be thankful to live in New Hampshire. I have …

Read More →

There are many reasons to live in New Hampshire

It is said that the three most important words in real estate are “location, location, …

Read More →

2019 Parade of Homes to be held October 12-14

Get inspired this weekend with the latest in building trends and innovations! The 2019 Parade …

Read More →
White Oak Motel and Lakefront Cottages Sold

White Oak Motel and Lakefront Cottages Sold

Holderness– The White Oak Motel and Lakefront Cottages located on White Oak Pond has recently …

Read More →

Lakes Region real estate activity for the first 8 months has been strong

Article by Frank Roche, President of Roche Realty Group.    Real Estate activity for the …

Read More →

Historic Homes: Buy with Your Head as Well as Your Heart

Historic Homes: Buy with Your Head as Well as Your Heart I’d like to recommend …

Read More →
Northeast Storage has purchased a commercial building located at 57 Reservoir Road.

Northeast Storage purchases unique Reservoir Road building in Meredith

MEREDITH — Northeast Storage has purchased a commercial building located at 57 Reservoir Road. Tom …

Read More →
111 Church Street, Laconia

Former Lakes Region mental health building listed and sold by Roche Realty Group

LACONIA — Rick Hagan of Roche Realty Group in Meredith, NH represented the seller, Lakes …

Read More →

Live where others dream of vacationing

https://youtu.be/7G5Z4QRBzzc Weirs Beach is a recreation destination with something for everyone, including beautiful lake and …

Read More →
Gilford, NH landmark former restaurant sold

Former well-known restaurant in Gilford recently sold

Gilford, NH – A local Gilford landmark built in 1975 and operated as a restaurant …

Read More →
Lakes Region NH

Tips for buying a home in the Lakes Region

New Hampshire’s Lakes Region is an amazing place to own a home, whether it’s your …

Read More →
South Down Shores, a gated community on the shore of Lake Winnipesaukee, NH

Kevin Shaw of Roche Realty Group Inc. Produces Over $20 Million in Sales For 1st Half of 2019

Laconia- Frank Roche, President of Roche Realty Group Inc with offices in Meredith and Laconia, …

Read More →

Lakes Region full throttle during Motorcycle Week

You can already feel the area rumbling with visitors and activity this week as the …

Read More →

Is home ownership right for you?

There are advantages to both buying and renting, depending on your current lifestyle and financial …

Read More →

New Hampshire Ranked #2 Best State in the USA for 2019

The good news is out! New Hampshire as a state performed exceptionally well in a …

Read More →
explore nh lakes

Winnipesaukee Waterfront Sales Activity Spring 2019

The weather is getting warmer, the “Big Lake” is thawing out and the real estate …

Read More →
searching for homes on the internet

The homebuyer’s online search is like online dating

Searching for homes online can be a lot like trying to find love through online …

Read More →

The Importance of Getting Pre-Approved for Your Home Mortgage

If you want to be an attractive buyer in a competitive housing market, you’ll definitely …

Read More →
Lake Winnipesaukee, Moultonborough, NH

Moultonborough homes sold at highest prices, fastest pace ever

It’s a historical time to sell a single-family home in Moultonborough, New Hampshire. Data suggest …

Read More →
For sale by owner sign next to a house

For Sale By Owner? The facts about risk and reward

If you’re trying the “For Sale By Owner” (also known as FSBO/fizbo) approach to selling …

Read More →

What to do if your listing expires

Expired listings are a frustrating reality in real estate. If you want to change the …

Read More →
Meredith, New Hampshire

Window of opportunity open for Meredith home sellers

If you own a single family home in Meredith and have been waiting for a …

Read More →
Gilford, NH

It’s an unrivaled time to sell your single family home in Gilford

If you own a single-family home in Gilford, it’s an unequalled time to sell. It’s …

Read More →

Why it’s a great time to sell your home in Laconia

If you own a single-family home or condominium in Laconia, it might be a great …

Read More →

Leave a Comment