48 Mansion Hill Drive,Lincoln, NH 03251
Lincoln, NH 03251
Description
Whether you're searching for a primary residence, vacation home, or investment property, this versatile two family home in Lincoln, NH offers endless possibilities. Featuring 5 bedrooms and 3 bathrooms between two well appointed living spaces, this property is perfectly suited for owner occupants, multi-generational living, or generating rental income. The main home offers the convenience of single-level living with 3 bedrooms, beautiful hardwood floors, and central air conditioning for year-round comfort. The bright, inviting layout creates a warm and welcoming atmosphere, while the lower level includes a heated two-car garage. One bay is currently configured as a workshop, making it ideal for hobbies, projects, or additional storage, while the second bay provides protected parking for your vehicle or outdoor gear. The separate 2-bedroom apartment has its own private patio entrance, offering privacy for guests or tenants. Inside, you'll find an open-concept great room with soaring ceilings and a cozy propane fireplace, creating the perfect space to gather after a day of skiing or hiking. The spacious eat-in kitchen offers ample cabinet and counter space, and the full bath includes a convenient stackable washer and dryer. The flexibility of this property allows you to live comfortably in one unit while offsetting expenses with rental income from the other, or rent both units to maximize your investment potential. Both units are currently leased. The 3 bedroom lease is up at the end of Sept. The 2 bedroom apt is up at the end of Jan. 2027. Total rental amounts are $2,800 & $1,600= $4,400 Located in the low-tax town of Lincoln, this home is just minutes from Loon Mountain Resort, Cannon Mountain, hiking trails, mountain biking, golf, restaurants, shopping, and countless year-round recreational opportunities. With minimal short-term rental restrictions, this is an exceptional opportunity to own a property in one of New Hampshire's premier four-season destinations.
Details
| MLS # | 5102042 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1969 |
| Days On Site | 26 |
| Listing Provided By | Badger Peabody & Smith Realty/Littleton | Tiffany Howard |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | RR |
| Acreage | 0.29 |
Interior
| Rooms Total | 9 |
|---|---|
| Cooling | Central Air |
| Heating | Propane, Oil, Baseboard, Vented Gas Heater |
| Interior Features | Blinds, Ceiling Fan(s), In-Law Floorplan, Kitchen/Dining, Natural Light, 1st Floor Laundry |
| Appliances | Electric Cooktop, Dishwasher, Dryer, Wall Oven, Electric Range, Refrigerator, Washer |
Exterior
| Exterior Features | Deck, Garden |
|---|---|
| Roof | Asphalt Shingle |
| Construction Materials | Wood Frame, Brick, Stone |
| Foundation Details | Concrete |
| Lot Features | Leased, Street Lights, Subdivided, Near Shopping, Near Skiing, Neighborhood |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Utilities | Cable Available, Propane |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 4691 |
|---|---|
| Tax Assessed Value | 370500 |
| Tax Block | 0 |
| Tax Lot | 39 |
| Tax Year | 2025 |
Area Information
| State | NH |
|---|---|
| County | Grafton |
| City | Lincoln |
| Zip Code | 03251 |
| Area | NH Grafton |
| Community Name | Mansion Hill |
| School District | Lincoln/Woodstock SAU #16 |
| Elementary School | Lin-Wood Public School |
| High School | Lin-WoodPu |
| Listing VS Median (in Mansion Hill) | |
Price: $599,000 low | high Med: $0 On site: 26 low | high Med: | |
Market Activity 03251
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Learn More About This Property
| State | NH |
|---|---|
| County | Grafton |
| City | Lincoln |
| Zip Code | 03251 |
| Area | NH Grafton |
| Community Name | Mansion Hill |
| School District | Lincoln/Woodstock SAU #16 |
| Elementary School | Lin-Wood Public School |
| High School | Lin-WoodPu |
| Listing VS Median (in Mansion Hill) | |
Price: $599,000 low | high Med: $0 On site: 26 low | high Med: | |
