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435 South Mayhew Tpke

hebron, NH 03241

$2,899,000

    Interested? Let's Connect

    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.

    Details

    4,892 Sq Ft

    19.5 Private Acres Lot Size

    commercial

    Built in 1957

    MLS/Listing ID 5077456

    10 Units

    Amenities & Features

    Lot - Lake Access

    Construction - Wood Siding

    Heating - Wall Furnace

    Heating - Propane

    Heating - Electric

    Parking - On Site

    Estimate my mortgage

    TOTAL MONTHLY COST

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    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

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    • Common Charges

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