435 South Mayhew Turnpike, Hebron, NH, 03241

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$2,899,000
28 Days On Site

435 South Mayhew Turnpike
Hebron, NH 03241

For Sale|Hotel/Motel|Active
0
Beds
0
Total Baths
4,892
SqFt
$593
/SqFt
1957
Built
County:
NH-Grafton
Listing courtesy of Adam Dow of KW Coastal and Lakes & Mountains Realty/Wolfeboro Phone: 866-525-3946
Call Now: 603-392-7145
Is this the listing for you? We can help make it yours.
603-392-7145
435 South Mayhew Turnpike435 South Mayhew Turnpike435 South Mayhew Turnpike435 South Mayhew Turnpike
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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.

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Listing Snapshot
Price 
$2,899,000
Days On Site 
28 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,892 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
19.5 Acres
Year Built 
1957
MLS® Number 
5077456
Status 
Active
Property Tax 
$5,623.88
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
19.5
Parking 
On Site
Property Sub Type 
Hotel/Motel
Sewer 
Septic Tank
SqFt Total 
4892
Utilities 
Propane
Water Source 
Well
Zoning 
04 - Lake District
Interior Features
Basement 
Crawl SpaceInterior Entry
Cooling 
Wall Unit(s)
Electric 
200+ Amp Service
Heating 
ElectricWall FurnacePropane
Interior 
High Speed Internet
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Exterior Features
Construction Details 
Wood Siding
Frontage 
175
Roof 
ShingleAsphalt
View 
LakeMountain(s)Water
Waterfront Features 
Lake PrivilegesLake
Waterview 
LakeMountain(s)Water
Listing courtesy of Adam Dow of KW Coastal and Lakes & Mountains Realty/Wolfeboro Phone: 866-525-3946



Copyright 2026, PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-03-25 04:12 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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