About 5 Michaels Way
MOTIVATED SELLER & PRICED $830,000 BELOW APPRAISED VALUE! Major $279,999 price improvement makes this reimagined Lake Winnipesaukee retreat the best value on the lake! Enjoy 86' of pristine shoreline featuring a newly installed permanent dock, plus PSNH approval for dock power (just needs panel) and an active permit in place for lakeside stairs and a perched beach. This light-filled residence spans three levels with striking architectural design, expansive glass, and a wraparound deck with an enclosed porch to maximize panoramic water views and seamless indoor-outdoor living. The chef's kitchen boasts quartz countertops, custom cabinetry, and premium appliances. Upstairs, the primary suite offers a spa-like bath and a private lake-facing balcony. Key upgrades include Hunter Douglas window treatments (motorized in the primary), a whole-house generator, a water filtration system, power awnings with wind sensors, a propane-plumbed BBQ hookup, city sewer, and a heated garage. Beautifully landscaped grounds feature granite steps, stone walls, and a lakeside fire pit. The walk-out lower level includes a stylish 2-bedroom guest apartment with a separate entrance—perfect for multigenerational living or hosting guests. Located in a rental-friendly zone, offering incredible investment potential alongside luxury waterfront living.
Features of 5 Michaels Way
| MLS® # | 5046786 |
|---|---|
| Price | $1,920,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 4,274 |
| Acres | 0.62 |
| Year Built | 2023 |
| Type | Residential |
| Sub-Type | Residential |
| Status | Active |
Community Information
| Address | 5 Michaels Way |
|---|---|
| Area | Laconia |
| City | Laconia |
| County | Belknap |
| State | NH |
| Zip Code | 03246 |
Amenities
| Utilities | Cable at Site |
|---|---|
| Is Waterfront | No |
| Waterfront | Lake |
| Has Pool | No |
Interior
| Interior | Manufactured |
|---|---|
| Appliances | Dishwasher, Disposal, Range Hood, Microwave, Gas Range, Refrigerator, Washer, Stand Alone Ice Maker, Water Heater |
| Heating | Propane, Forced Air, Hot Air |
| Cooling | Central AC |
| Fireplace | No |
| # of Stories | 4 |
Exterior
| Roof | Shingle |
|---|---|
| Waterfront Name | Lake Winnipesaukee |
School Information
| District | Laconia Sch Dst SAU #30 |
|---|---|
| Middle | Laconia Middle School |
| High | Laconia High School |
Additional Information
| Date Listed | June 16th, 2025 |
|---|---|
| Days on Market | 451 |
| Zoning | CR |
Listing Details
| Agent | Nancy Clark |
|---|---|
| Office | Roche Realty Group |