98 North Main StreetNewport, NH 03773Sale Price: $370,000

One of Newport's grand old Victorian homes. Originally built by the Emerson Family in 1898 as "The Gables," on September 1, 1899, the then Argus-Spectator local newspaper reported "a rare model of elegance and beauty...". The Gables has three floors, a full basement, and a small attic. There are 22 rooms. It has nine bedrooms, three covered piazzas, an elaborate staircase with a stained-glass window, frescoed walls and ceilings, a dumbwaiter, and speaking tubes. A large addition of a two-story hall with a bar, kitchen space, and stage was built and was home to the Moose Lodge of Newport from 1944 - 1991. Located less than seven miles from the Lake Sunapee Region and the Mount Sunapee Ski Resort and Adventure Center; 20 miles from Mt. Ascutney, the Connecticut River and I91 in Vermont; and just over 30 miles to Dartmouth College, this unique Sunapee Region property needs someone to restore it to its historical grandeur. Located in a commercial district, this property could be utilized as office space or converted into a single-family home. There may be some tax benefits to residing in the property with grant funding. Many opportunities and potential exist in this special place.