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IT'S ALL ABOUT THE LAND AND LOCATION. Once a traveler and family destination right in the heart of North Conway, Junge’s (“Young’s”) Motel has welcomed guests as if they were family for almost 70 years. Now it’s time to move on. The Junge family of innkeepers is retiring and offering their property for redevelopment. In its hay day half a century ago, Junge’s Motel and several competing single story motels on the North Conway “strip” were full from spring through the next ski season. If the winter was snowy, motel owners might get away for a brief breather in the infamous “mud season. ” Starting just after Memorial Day, another vacationer season would kick into gear. While the Junge’s 1960 style motel units are still well cared for and inviting, the emergence of today’s modern hotels with family suites, indoor pools, and convenient food service has captured market share from the older style motels. In today’s market the value of the land fronting on Route 16 is much too precious to support an aged motel. Taxes on the land alone are a strong impetus to redevelop vs. upgrade. The Junge land is one of the prime redevelopment parcels on Route 16. Scraping the site of the existing buildings will yield 5. 1 acres of buildable land with two curb cuts, gently sloping terrain, municipal water and sewer services, and a variety of neighboring national and regional retail and hospitality names.
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2/16/2026Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,720,000 | $1,720,000 | $1,720,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $2,710 | $2,710 | $2,710 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,102 | $10,037 | $14,054 |
| Total Monthly Payment | $11,937 | $12,872 | $16,889 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.