This home's estimate is 40.5% lower than the average sale price ($497K) of 6 comparable homes.
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31 Terrace Hill Rd #2, Gilford, NH 03249
About this home
Lake Winnipesaukee access FULLY FURNISHED SINGLE LEVEL LIVING 2 Bedroom, 1 Bath, 738 Square Feet seasonal (May-October) detached Condo for only $249,999! Rarely in this amazing Association, does a home become available. This Gilford property has been updated throughout offering a wonderful Lakes Region living experience. The home features a 17'x9' heated Sunroom, a spacious 17'x9' Kitchen/Dining Room with updated appliances including a brand NEW electric range, a 17'x8' Family Room, two Bedrooms & a 6'x5' step in ¾ Shower Bathroom. This property offers vinyl replacements windows, window AC's, electric baseboard heat, a three-year-old roof, & Town Sewer. You will love living at pet friendly (including dogs) Towering Pines Condo Association (six units) with a $400 A YEAR Association fee! Enjoy the Lake access which is within walking distance at end of the street via Town right of way or take advantage of the FREE fully managed Town Beach with its 1700' of water frontage, playground, concession stands & life guards & Gilford Town Docks with boat & jet ski ramps & additional parking for all Gilford property owners. The Gilford Village Fields Playground, the $3M Gilford Library, year-round Gunstock Ski Mt. , Meadowbrook Music Pavilion, famous Weirs Beach & all the Lakes Region amenities are only minutes away. Make this your dream vacation property or rent this beautiful home (7 day weekly rental minimums) for additional income. REQUEST HOME VIDEO! See this property TODAY!
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Market trends in 03249, NH
Last updated August 2026
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Sale history for 31 Terrace Hill Rd #2
$359/sq ft
$339/sq ft
$65/sq ft
$81/sq ft

TWO BEDROOM COTTAGE NEAT AS A PIN. ACCESS TO LAKE WINNIPESAUKEE. EXCELLENT CONDITION. GREAT RENTAL POTENTIAL OR QUIET GET-AWAY!
Tax history for 31 Terrace Hill Rd #2
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking & Garage
- Driveway, Parking Spaces 3 - 5, Unpaved
Interior
- Virtual Tour
- Bathroom Information
- # of Baths (3/4): 1
- Other Interior Features
- # of Rooms: 5
- Flooring: Vinyl, Wood, Vinyl Plank
- Blinds, Furnished, Kitchen/Dining
- Accessibility Information
- 1st Floor 3/4 Bathroom, 1st Floor Bedroom, 1st Floor Hrd Surfce Flor, Bathroom w/Step-in Shower, Hard Surface Flooring, One-Level Home
- Equipment & Appliance Information
- Microwave, Range - Electric, Refrigerator, Water Heater - Electric, Water Heater - Owned, Water Heater - Tank, Water Heater
- Window AC
- Room 1 Information
- Sunroom
- Sunroom
- Dimensions: 17'9"x9'3"
- Level: 1
- Room 2 Information
- Kitchen/Dining
- Dimensions: 17'8"x9'5"
- Level: 1
- Room 3 Information
- Family Room
- Dimensions: 17'6"x8'
- Level: 1
- Room 4 Information
- Bedroom
- Dimensions: 11'9"x8'5"
- Level: 1
- Room 5 Information
- Bedroom
- Dimensions: 11'4"x8'5"
- Level: 1
- Room 6 Information
- 3/4 Bath
- 3/4 Bath
- Dimensions: 6'x5'4"
- Level: 1
Exterior
- Building Information
- Architectural Style: Cottage/Camp
- Construction Status: Existing
- Construction Materials: Wood Exterior, Wood Siding
- Approximate Sq. Ft. Total Finished: 738
- Approximate Sq. Ft. Total: 738
- Color: White
- Outbuilding, ROW to Water, Storage, Beach Access
- Foundation: Post/Piers
- Roof: Shingle, Shingle - Asphalt
- Driveway
- Dirt
- Lot, Zoning, & Easement Information
- Common Land Acres: 1.38
- Lot: 002
- Lot Features: Beach Access, Condo Development, Country Setting, Lake Access, Lake View, Level, Wooded
- Survey Information
- Surveyed: Unknown
- Boat, Moorage, and Water Information
- Water Body Name: Lake Winnipesaukee
- Other Property & Lot Information
- Year Built: 1951
- Unit/Lot #: 2
- Water View: Yes
- Water View: Y
- Waterfront: No
- Water Body Name: Winnipesaukee Lake
- Water Body Access: Yes
- Beach Access, Cross a Street to Access, Indirect, Not Adjoining, Municipal Residents Only, Shared-Private
Financial
- Assessment Information
- Assessment Amount: 171500
- Assessment Year: 2024
- Tax Information
- Tax Year: 2024
- Tax Rate: 10.35
- Gross Amount Tax: 1781
- Other Tax Information
- Page Deed: 689
Utilities
- Heating & Cooling Information
- Cooling: Wall AC Units
- Heat: Baseboard, Electric
- Heat Fuel: Electric
- Sewer Information
- Public
- Electric Information
- Electric Company: Eversource
- 100 Amp, Circuit Breaker(s)
- Water Information
- Water Restrictions: Unknown
- Water Source: On-Site Well Exists, Private
- Other Utilities Information
- Internet: Internet - Cable
- Cable Company: Breezeline
- Cable
Location
- Homeowners Association
- Has Condo Fees
- Fee: 400
- Yearly
- Condo Association Fee, HOA Fee
- Association Amenities: Master Insurance, Beach Access, Beach Rights, Common Acreage
- School Information
- School District: Gilford Sch District SAU #73
- Elementary School: Gilford Elementary
- Elementary School: Gilford Elementary
- Middle/Jr School: Gilford Middle
- School - High: Gilford High School
- Neighborhood Information
- Near Skiing, Neighborhood
- Road Information
- Private, Privately Maintained
- Other Location Information
- Directions: From Route 11 (Lake Shore Rd), turn onto Terrace Hill Rd. Association is on the right hand side. See Unit 2
- Development / Subdivision: Towering Pines
- Block: 184
Public facts
- Beds: 2
- Baths: 1.0
- Sq. Ft.: 576
- Stories: 1.0
- Lot Size: —
- Style: Condo/Co-op
- Year Built: 1951
- Year Renovated: —
- County: Belknap County
- APN: 918293
Other
- Water Body Information
- Lake
- Flood Zone: Unknown
- Misc. Information
- Seasonal: Yes
- Documents & Disclosures
- Documents Available: Association Docs, Property Disclosure, Tax Map
Around this home
Schools
Public K-4 • Assigned • 3.5mi
Public 5-8 • Assigned • 3.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 92° expected this year, 16 days in 30 years
10% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 8.6 hours in June and 3.9 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 03249
Home values near 31 Terrace Hill Rd #2
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1488 Sq. Ft. | $542,903 |
4 Beds | 3 Baths | 3126 Sq. Ft. | $2,597,335 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1314 Sq. Ft. | $524,447 |
1 Beds | 2 Baths | 504 Sq. Ft. | $531,172 |
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 560 Sq. Ft. | $547,547 |
3 Beds | 2 Baths | 1212 Sq. Ft. | $719,826 |
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