They won the bid, and the Winnipesaukee Scenic Railroad was formed, with trains running from Meredith to Lakeport, with a stop in Weirs Beach.

[2] The railroad now holds the passenger rights on the entire state of New Hampshire-owned track running from Lochmere to Lincoln, a total of 54 miles (87 km).

The state owns another 19 miles (31 km) of track from Lochmere to Concord, which is used by the New England Southern Railroad for freight customers.

[5] From the mid-1990s, the Lincoln Shops have grown to be a major source of off-season revenue through its refurbishing and repair of numerous pieces of customer railroad equipment.

The privately owned ex-New Haven Railroad Roger Williams was in for major restoration to like-new condition,[6] along with four or five caboose repaintings.

The railroad has some of the most diverse and scenic fall foliage trains in New England, whether lakeside or on a journey along the Pemigewasset River to the mountains.