Discover Your Dream on Lake Winnipesaukee! Welcome to an amazing opportunity on Governors Island in Gilford, NH. This property includes two incredible parcels, perfect for creating your dream home by the water! The first parcel is an undeveloped lot with 168 feet of beautiful waterfront. It's .80 acres and level, with a southwest exposure, making it ideal for sunsets and relaxing views. Imagine all the things you could do here! The second parcel features a lovely house with 3 bedrooms and 3.5 bathrooms. It has cathedral ceilings, a stunning stone fireplace, and wood floors. The primary bedroom is on the first floor, making it easy to access. The home is in very good condition and sits on approx. 1 acre of land. Living on Governors Island means you'll enjoy fantastic amenities like hiking trails, volleyball, pickleball, tennis, a beach, and a clubhouse. It's a wonderful place to have fun and make memories! The combined acreage of these two properties is approximately 1.8 acres. You can build your dream home on the undeveloped lot and live in the existing house while you build. Later, you could sell the house or keep it as a guest home. The choice is yours! Adjacent home also available for sale with 488' of w/f. This would make an amazing compound! Don't miss out on this rare opportunity to own a piece of paradise on Lake Winnipesaukee!