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  • Price cut: $195K (7/23)
    $2,500,000

    157 Main Street, Belgrade, ME 04918

    11beds
    11,865sqft
    : 
    $14,382/mo
    Get pre-qualified
    Single Family Residence
    Built in 1899
    0.89 Acres Lot
    $2,287,300 Zestimate®
    $211/sqft
    $-- HOA

    What's special

    Iconic waterfront propertyExpansive event lawnsWaterfront restaurant and tavernAccess to great pondAmple on-site parking
    Welcome to The Village Inn & Tavern, an iconic waterfront property in the heart of Belgrade Lakes Village offering a rare opportunity to own one of Maine's premier hospitality destinations. Situated on approximately 0.89± acres with 250± feet of waterfront on Long Pond and Mill Stream providing access to Great Pond. The property features 8-10 guest rooms, an owner's residence, a waterfront restaurant and tavern, multiple indoor and outdoor dining areas, private docks with 8 seasonal boatslips on Great Pond and 1-2 seasonal slips on Long Pond, expansive event lawns, and ample on-site parking. Located within walking distance of Belgrade Lakes Village shops, golf, boating, and year-round recreation, this is a truly irreplaceable waterfront asset in one of Maine's most desirable lake destinations. Fully licensed, turnkey & grandfathered which offers a noteworthy portfolio investment opportunity with differentiated de-risked income streams which all provide a passive income investment versus the operational overhead of running a restaurant.
    44 days
    |
    1,250
    |
    51
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Malone Commercial Brokers, Inc.

    Source: Maine Listings,MLS#: 1671235MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 13
      • Full bathrooms: 9
      • 1/2 bathrooms: 4
      Bedroom 1
      • Level: Second
      Bedroom 2
      • Level: First
      Bedroom 3
      • Level: First
      Bedroom 4
      • Level: First
      Bedroom 5
      • Level: First
      Bedroom 6
      • Level: Second
      Other
      • Level: Second
      Other
      • Level: Second
      Other
      • Level: Second
      Other
      • Level: Second
      Other
      • Level: Second
      Den
      • Features: Gas Fireplace
      • Level: First
      Dining room
      • Features: Dining Area, Formal
      • Level: First
      Family room
      • Features: Gas Fireplace
      • Level: Second
      Great room
      • Level: Basement
      Kitchen
      • Features: Kitchen Island, Pantry
      • Level: First
      Kitchen
      • Features: Eat-in Kitchen
      • Level: Second
      Laundry
      • Level: First
      Mud room
      • Features: Closet
      • Level: First
      Office
      • Level: Second
      Heating
      • Baseboard, Heat Pump, Hot Water, Zoned, Other
      Cooling
      • Heat Pump, Window Unit(s)
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Electric Range, Gas Range, Refrigerator, Wall Oven, Washer, Other
      Features
      • 1st Floor Bedroom, Pantry, Shower, Storage
      • Flooring: Carpet, Concrete, Tile, Vinyl, Wood
      • Basement: Exterior Entry,Interior Entry,Dirt Floor,Walk-Out Access,Daylight,Finished,Sump Pump,Unfinished
      • Number of fireplaces: 3
      Interior area
      • Total structure area: 11,865
      • Total interior livable area: 11,865 sqft
      • Finished area above ground: 10,665
      • Finished area below ground: 1,200
      Video & virtual tour

      Property

      Parking
      • Parking features: Gravel, Paved, 21+ Spaces, On Site, Off Street
      Accessibility
      • Accessibility features: Level Entry
      Features
      • Levels: Multi/Split
      • Patio & porch: Porch
      • Has view: Yes
      • View description: Mountain(s), Scenic
      • Body of water: LONG POND & MILL STREAM (leading into Great Pond)
      • Frontage length: Waterfrontage: 250,Waterfrontage Owned: 250
      Lot
      • Size: 0.89 Acres
      • Features: City Lot, Near Golf Course, Near Shopping, Neighborhood, Rural, Level, Open Lot, Sidewalks, Landscaped
      Details
      • Parcel number: BELG000026000000000022
      • Zoning: SHORELAND
      • Other equipment: Generator, Internet Access Available

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Clapboard, Vinyl Siding, Wood Siding
      • Foundation: Stone, Granite, Gravel/Pad, Poured Concrete
      • Roof: Metal
      Condition
      • Year built: 1899

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Private Sewer, Septic Design Available, Septic Tank
      • Water: Private, Well

      Community & HOA

      Location
      • Region: Belgrade

      Financial & listing details

      • Price per square foot: $211/sqft
      • Annual tax amount: $14,108
      • Date on market: 7/10/2026
      • Road surface type: Paved

        Estimated market value

        $2,287,300

        $2.17M - $2.40M

        $1,645/mo

        Price history

        DateEventPrice
        7/23/2026Price change$2,500,000-7.2%$211/sqft
        Source: Maine Listings #1671235 Report a problem
        7/10/2026Listed for sale$2,695,000$227/sqft
        Source: Maine Listings #1671235 Report a problem
        7/4/2026Listing removed$2,695,000$227/sqft
        Source: Maine Listings #1655662 Report a problem
        6/4/2026Price change$2,695,000-6.9%$227/sqft
        Source: Maine Listings #1655662 Report a problem
        3/28/2026Listed for sale$2,895,000$244/sqft
        Source: Maine Listings #1655662 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 04917

        Getting around

        30 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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