fbpx
Menu

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

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 →

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 →
Own a piece of the playground!

Recess is better when you own a piece of the playground

When I was a kid my favorite part of the school day was recess, that …

Read More →
Hourglass and home

Has your home been on the market for too long?

Once there was a man who loved traveling, but he had been around the world …

Read More →
letting go

Letting go can show more strength than hanging on

One day a philosophy professor walked into her classroom while holding a drinking glass filled …

Read More →
New home first time homebuyers

You Always Remember the First

There’s just something special, nostalgic and memorable about the first, whether it’s a first kiss, …

Read More →
CEO

Sell Your Home Like A Boss

Some home sellers act as though their job is finished the moment they engage the …

Read More →
Real Estate Closing issues

Closing Crashers

You know the scene. It’s been in dozens of movies. The bride and groom hold …

Read More →
Roche Realty Group Meredith Office

Roche Realty Group Inc. Reports Sales of $121.6 Million for 2018

Meredith NH – Frank Roche, President of Roche Realty Group, Inc. with offices in Meredith …

Read More →
Kevin Shaw Realtor

Kevin Shaw is Roche Realty Group, Inc.’s Top Producer for 2018

Laconia, NH—Roche Realty Group, Inc. with offices in Meredith and Laconia congratulates Realtor® Kevin Shaw …

Read More →
Sell your home in the winter

How to keep (your home) from getting stuck in a snowbank

Back when I was a teenager and knew everything (or at least far more than …

Read More →
Ribbon Cutting Ceremony at Highland Ridge in Tilton, NH

Ribbon Cutting at Highland Ridge – the Lakes Region’s Newest Community

Tilton – It was a bright sunny day at the ribbon cutting ceremony in Tilton …

Read More →
moving van

Moving in Your Senior Years? Here’s How to Do it Right

Guest post by Harry Cline.  Is there any task more dreaded than moving? While no …

Read More →

Why winter can be a hot time to sell your home

Winter can be a prime season to sell your home because the change of season …

Read More →
Samoset on Lake Winnipesaukee

What We’ve Learned from the “Go-Go 1980’s”

The 1980’s were dynamic and a lot of fun for many real estate professionals in …

Read More →

Consider listing now because what goes up must come down

If you’ve considered selling, it may be a great time to list your Lakes Region …

Read More →
Tower Hill Cottages - (Just Sold). Laconia NH

John Ganong of Roche Realty Group Sells Tower Hill Cottages

Laconia, NH- Tower Hill Cottages located at 220 Endicott Street North in Laconia NH has …

Read More →
The Village Store in Gilford NH

A New Era at the “Village Store” in Gilford!

Have you driven by the Village Store lately? The centerpiece of a small town’s culture …

Read More →
bungalow

The Bungalow-down

According to the New England Real Estate Network’s multiple listing service (MLS), 50 Lakes Region …

Read More →
Seller painting a house

Sell Your Home by Thinking like a Buyer

A Realtor’s® job is to sell properties for and to clients. But in some cases …

Read More →

Thoughts on acquiring a lake house in the Lakes Region

For many individuals the thought of owning a lake home is a dream. For others …

Read More →
Interest rates rising

Interest rates are rising – but there’s no need for alarm.

Interest rates are rising, but we are still in a low-interest rate environment. Here’s a …

Read More →
Real Estate Challenge? Set Big Goals

Overcoming seemingly impossible real estate challenges


Inspiration from a story about a single mother from Little Rock, Arkansas, on overcoming seemingly …

Read More →
Real estate appraisal

Deferred maintenance can postpone sales

Be honest… is your home in need of some repairs? Because if you ever want …

Read More →
56 Daniel Webster Hwy Meredith

56 Daniel Webster Highway: a great spot for catching attention and customers

A glimpse into the interesting history of the commercial real estate for sale at 56 …

Read More →
playing cards in a seller's real estate market

Buying smart in a seller’s market

Homebuyer beware: it’s a seller’s market in the Lake Region. You’ve got to shop smart …

Read More →
Rocks and Sand

Buying or selling, put first things first

For many of us, a home is the most expensive and valuable asset we will …

Read More →
Post and Beam Home

Post and Beam: A Homeowner’s Dream

Post and Beam 101—Post and beam construction is just what it sounds like: a heavy …

Read More →
accessible housing

House-Hunting Tips for Accessible Housing

House hunting is difficult at the best of times, but trying to find an accessible …

Read More →
Perfect time to buy a home

If you wait for the “perfect” time to buy a home…

I can’t say if right now is the right time for you to buy a …

Read More →
accessibility

Making Modifications to Add Accessibility

Guest post by Harry Cline. According to an AARP survey, 90 percent of people age …

Read More →
James Poole Poole Pressure Washing

With exterior cleaning, it pays to hire a professional

Spring is finally here in the Lakes Region, and all the home improvement and garden …

Read More →
Golden Gate Bridge, San Francisco

A Sale of Two Cities

In San Francisco, “If it’s close to $500,000, it’s a joke.” In Laconia, NH a …

Read More →
New construction

Rising construction costs highlight the value of existing homes

If you’re in the market to buy a Lakes Region home the best bang for …

Read More →
Guy on rope swing lake winnipesaukee NH

Is it time to let go and list your home?

Selling a home is a little like jumping off a high spot while clutching a …

Read More →

A Passion for antique boats, trucks and clocks in a very unique Meredith location

Frank Roche talks about the many talents of Jerry Harper of Meredith, NH, who has …

Read More →
Pilots in airplane

REALTORS® are to home sales what pilots are to flights

While automated home value estimates may be useful in certain applications, they can not take …

Read More →
House picture

Is Fizbo or Pro the better way to go?

The National Association of REALTORS® reported that in 2016 the typical FSBO home sold for …

Read More →
Lake Winnipesaukee, NH - 87 Harglen Lane

Location’s Impact on Value: What $500K buys elsewhere, and in the Lakes Region

Location directly impacts the value of real estate. Here are a few examples of what …

Read More →
Tiny House

So You Want a Tiny House?

By Chuck Braxton, REALTOR® GRI, Roche Realty Group, Inc. People are choosing to downsize the …

Read More →
Real Estate agent concluding a contract with couple

Why you should hire a Realtor with W.I.T.

Some people assume Realtors simply show a few houses and then collect commission checks at …

Read More →

Leave a Comment

2 × 1 =