1955 Presidential Highway, Jefferson, NH, 03583 | $1,500,000

Live where you work, Love where you live!! Turnkey opportunity to own a beloved White Mountains destination while enjoying the lifestyle of living where you work at the iconic Water Wheel Breakfast & Gift House in Jefferson. Ideally located on busy Route 2 / Presidential Highway with beautiful views of Mount Washington, this long-established breakfast restaurant and gift shop has welcomed locals and travelers for generations. Built with the vision of becoming more than just a place to stop, Water Wheel has become a true destination where memories are made, traditions begin, and guests return year after year. Known for hearty homemade breakfasts, generous portions, New Hampshire-made gifts, homemade fudge, and genuine hospitality, Water Wheel has earned a special place in the hearts of both locals and visitors alike. Whether guests are beginning a day hiking Mount Washington, heading to nearby ski areas, exploring snowmobile trails, or taking in the scenic beauty of the White Mountains, Water Wheel has long been a must-visit stop along the way. This high-visibility location benefits from strong year-round tourism and proximity to many of New Hampshire’s most sought-after outdoor attractions, creating exceptional exposure for an owner-operator or investor seeking an established and well-loved business. The property features a welcoming dining area, gift shop, ample on-site parking, and personal living quarters—offering the rare opportunity to seamlessly combine business ownership with the convenience and lifestyle of living on-site in the heart of the White Mountains. More than just a restaurant and gift shop, Water Wheel represents the opportunity to build a life where work, home, community, and lifestyle come together. Continue the legacy or bring your own vision to this special property that has become part of the fabric of the community—where neighbors gather, travelers return, and lasting memories are made.

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 1 full / 3 half
  • Style: Conversion,Other
  • Year Built: 1937
  • Garage: 4-car Garage
  • Heating: Oil,Wood,Hot Water,Wood Stove
  • Cooling: Other
  • Basement: Unfinished
  • Approx Sq. Feet: 4,776
  • Acreage: 31.47
  • Est. Taxes: $8,143
  • Lot Desc: Country Setting,Major Road Frontage,Mountain View,Other,Trail/Near Trail,Near Snowmobile Trails,Near ATV Trail
  • MLS#: 5087162
  • Website: https://www.raveis.com
    /eprop/5087162/1955presidentialhighway_jefferson_nh?source=qrflyer
©2026 New England Real Estate Network, Inc. All rights reserved.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 5/30/2026
Listing courtesy of Berkshire Hathaway HomeServices Verani Realty   Phone: 603-472-1010
Listing Agent: Jodie Boutwell

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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1955 Presidential Highway, Jefferson, NH, 03583

$1,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.259% 6.183%
Monthly Tax Payment $679 $679 $679
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,813 $7,291 $10,126
Total Monthly Payment $7,617 $8,095 $10,930

* 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.