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  • $3,900,000

    138 Fairview Drive, Waterboro, ME 04061

    --beds
    --baths
    54.21Acres
    Land
    Built in ----
    54.21 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Power infrastructurePrivate covesLong-term valuePlanned trail accessWaterfront accessPeninsula frontageEngineered lot layout
    This is a rare opportunity to acquire 54 acres of prime, development-stage lakefront property with engineered lot layout, power infrastructure, and conceptual roadways already in place. Situated on the pristine shores of Lake Arrowhead in Waterboro, Maine, this property offers unmatched privacy, waterfront access, and long-term value in a high- demand region.  Flexible Deal Structures Available:  • Seller Financing Considered - terms negotiable with qualified parties  • Joint Ventures Welcome - collaborate on phased development or select lot release  • 1031 Exchange-Friendly - ideal for rollover investments seeking long-term gain deferment  • Equity Participation or Structured Exit Partnerships Available  • Subdivision build-out or infrastructure partnerships encouraged  Property Highlights:  • 50+ engineered 1-acre lots (not formally subdivided)  • 29 acres reserved open space bordering conservation land  • Three power access points including new service to waterfront  • Commercial-grade gravel roads ~50% complete  • Private coves, peninsula frontage, and planned trail access With strong demand for high-quality lakefront housing, this property presents an ideal opportunity for developers, family trusts, or institutional investors seeking secure land- backed returns. Flexible structure allows buyers to scale entry and align with their investment timeline.
    632 days
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    262
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    8
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    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1609318MLS Logo

      Facts & features

      Interior

      Video & virtual tour

      Property

      Parking
      • Parking features: Gravel, 1 - 4 Spaces
      Features
      • On waterfront: Yes
      • Body of water: Lake Arrowhead
      • Frontage length: Waterfrontage: 3000,Waterfrontage Owned: 3000
      Lot
      • Size: 54.21 Acres
      • Features: Abuts Conservation, Near Public Beach, Neighborhood, Level, Rolling Slope, Wooded
      Details
      • Parcel number: WTBRM045L001739
      • Zoning: Res

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Septic Tank
      • Water: Private

      Community & HOA

      Location
      • Region: North Waterboro

      Financial & listing details

      • Tax assessed value: $253,900
      • Annual tax amount: $9,398
      • Date on market: 11/14/2024
      • Road surface type: Gravel, Dirt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,395/mo

        Price history

        DateEventPrice
        11/14/2024Listed for sale$3,900,000
        Source: Maine Listings #1609318 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,351 $253,900
        2023$3,351 +5.9%$253,900 +12.3%
        2022$3,165 +10.8%$226,100 +21.8%
        2021$2,856 $185,600
        2020$2,856 +0.8%$185,600 +0.8%
        2019$2,833 +0.9%$184,100 +0.9%
        2018$2,809 -0.3%$182,500
        2017$2,818 +1.3%$182,500
        2016$2,781 +0.9%$182,500 -7.6%
        2015$2,755 -0.3%$197,500
        2014$2,763 $197,500 +105.7%
        2005-- $96,000
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 04061

        Getting around

        0 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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