435 South Mayhew Turnpike, Hebron, NH, 03241 | $2,595,000

Introducing The Kelby Motel, a fully reimagined 10-room boutique property with deeded Newfound Lake access, set on 19. 5 acres in the heart of New Hampshire’s Lakes Region. Overlooking the crystal-clear waters of Newfound Lake and framed by mountain views at the foothills of the White Mountains, this unique property offers an exceptional blend of hospitality, recreation, and future opportunity. Current ownership has completed a comprehensive transformation of the property, including new infrastructure for septic, electrical, and plumbing. While also creating a design-forward destination featuring 10 thoughtfully reimagined guest rooms, a welcoming lounge, and a full coffee shop inspired by modern Nordic aesthetics. In just two seasons, The Kelby has established a strong market presence with proven demand and consistent growth. Being offered fully turnkey, the sale includes furnishings, fixtures, equipment, the newly installed greenhouse, and a side-by-side utility vehicle, allowing for a seamless transition to new ownership. Beyond its successful hospitality operation, the property's 19. 5 acres and 10-room layout provide endless possibilities for expanded uses. . . . think future development opportunities, family retreat, events, lodging, or other creative ventures, subject to local approvals. Year-round appeal is driven by Newfound Lake recreation, fall foliage, hiking, boating, and winter activities, making The Kelby is a rare opportunity to acquire a beautifully renovated property with established income, exceptional amenities, and significant upside potential in one of New England’s most sought-after lake destinations. "

Features

  • Amenities: Beach Access,Beach Rights
  • Rooms: 11
  • Bedrooms: 10
  • Baths: 10 full
  • Style: Condex
  • Year Built: 1957
  • Garage: 2-car Garage
  • Heating: Propane,Electric,Wall Furnace,Mini Split
  • Cooling: Mini Split
  • Approx Sq. Feet: 4,892
  • Acreage: 19.5
  • Est. Taxes: $5,624
  • Lot Desc: Lake Access,Lake View,Lakes,Major Road Frontage,Mountain View,Water View,Near Skiing,Near Snowmobile Trails
  • MLS#: 5093361
  • Website: https://www.raveis.com
    /eprop/5093361/435southmayhewturnpike_hebron_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 7/5/2026
Listing courtesy of KW Coastal and Lakes & Mountains Realty/Wolfeboro   Phone: 603-610-8500
Listing Agent: Adam Dow

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NMLS Mortgage Loan Originator ID 81725

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435 South Mayhew Turnpike, Hebron, NH, 03241

$2,595,000

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 $2,076,000 $2,076,000 $2,076,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.121% 6.183%
Monthly Tax Payment $469 $469 $469
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,787 $12,447 $17,518
Total Monthly Payment $12,381 $13,041 $18,112

* 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.