Here is a link to several more pictures of Look Off Rock, courtesy of WeirsBeach.com.
In the 1980's, a developer purchased the property. Elaborate plans for a condominium development were made, submitted, and approved. The developer then tore everything down in preparation for the development. But before construction began, market conditions turned sharply sour in the early 1990's and the project was never built.
In 2008, the empty land was purchased by the developers of the Meredith Bay property on Brickyard Mountain. Initial rumors were that a clubhouse would be built there. However, according to a November 30, Laconia Citizen
article, the developers have recently submitted plans for 19 townhouses on the property, to be called "Meredith Bay Look Off Rock".