ALTON — The former home of New Hampshire International Speedway founder Bob Bahre and his wife, Sandra, has sold for $5.6 million.
The 144 Hopewell Road property was purchased by Jason and Maria Cristina Muise, as trustees of the Jason Muise Revocable Trust of 2019, of Windham.
Based on tax stamp sales of $84,000 recorded at the Belknap County Registry of Deeds, the selling price is $3.9 million less than the town assesses the property for tax purposes.
The 38,000-square-foot, three-story Colonial-style home has seven bedrooms, 10 full bathrooms, six half baths, 15 fireplaces, and two elevators.
It also features a two-story ballroom with French doors opening to the terrace overlooking Lake Winnipesaukee, with its own catering kitchen.
An entertainment wing of the home includes a wood-paneled bar and billiards room. The home also offers a formal dining room and living room, a library, home theater, gym and sauna.
The grand foyer with marble floor has two curving staircases and a rotunda with a chandelier. Two one-bedroom apartments are above the 16-car garage.
In case the one-hour drive to Concord, the hour-and-a-half drive to Portland, Maine, or the two-hour drive to Boston isn’t speedy enough, the property is also equipped with a grass helipad with tie-downs.
The 9.48-acre property has 733 feet of lake frontage and a nearly 2,300-square-foot enclosed boathouse.
Bahre, who rescued the Oxford Plains Speedway in Maine in the 1960s, parlayed his investments in auto racing, banking and real estate into purchasing Bryar Motorsports Park in Loudon in 1989, which a year later opened as the New Hampshire International Speedway.
In 2008, Bahre sold the track to Bruton Smith of Speedway Motorsports for $340 million.
Known as Longview, the Alton property takes its name from its dramatic setting at the southern end of The Broads, the famously wide-open center of the 28-mile-long lake.
In 2014, the Bahres’ home and the neighboring home of their son, Gary, went on the market for a combined price of $49 million. That price was twice reduced and by last November it was $17.8 million. Gary Bahre’s home, on 4.1 acres overlooking the lake, remains unsold.
Located at the tip of Clay Point, the entire property was formerly home to Camp Alton and was purchased by the Bahre family for $2.5 million in January 1995.