Rare opportunity to own waterfront property with direct boat access to Lake Winnisquam via the Winnipesaukee River. This 4 bedroom, 2 bath home offers incredible versatility, featuring 2nd floor with its own entrance, kitchen, bath, 2 bedrooms, and private driveway?ideal for extended family, guests, or potential rental income. Could easily be converted to a 2 unit. Outside, enjoy a true boater's setup with a boathouse and five boat slips, An uncommon find at this value point. Conveniently located just minutes from downtown Laconia, It is walkable to restaurants, shops, and all the Lakes Region has to offer. This property presents a fantastic opportunity to build equity and maximize its full potential, perfect for investors or families looking to create their own waterfront retreat.