NH Motor Speedway founder selling lakeside estate for NH-record $49 million
New Hampshire Motor Speedway founder Bob Bahre built this 16.5-acre estate on the shores of Lake Winnipesaukee. Bahre has put the property on the market for $49 million. (DEB PORTER HAYES PHOTO)
An “infinity” swimming pool overlooks Lake Winnipesaukee outside one of the two mansions on the estate built by New Hampshire Motor Speedway founder Bob Bahre. (DEB PORTER HAYES)
This Alton property, built by New Hampshire Motor Speedway founder Bob Bahre, is listed for sale at $49 million. (DEB PORTER HAYES)
Realtors say it's by far the largest single residential listing in the state's history.
Reached at his Florida home Tuesday, Bahre said he loves the Granite State, but he no longer runs the speedway so he's ready to give up the Longview estate he had built 12 years ago. Before the 2008 racing season, the Bahre family sold the track to Speedway Motorsports for $340 million.
If the price is too high for buyers, "we'll keep the place," he said.
Here's what you get for $49 million:
The property, located on 16.56 acres at the tip of Clay Point on Lake Winnipesaukee, features two main homes with more than 60,000 square feet of living space, 1,594 feet of shoreline, an "infinity" pool, grotto, tennis court, ballroom, two boat houses, a post-and-beam barn residence, a tea house, and three one-bedroom apartments.
There is a cut-granite fireplace on one wall and French doors on the other three walls opening to stone patio on the lake.
According to town tax records, the assessment on 142 Hopewell is $7.5 million, while 144 Hopewell is assessed at $11.46 million. Together, those assessments would yield a total property tax bill of about $254,000 a year.
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