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  • $749,000

    20 Otter Cove Lane, North Berwick, ME 03906

    3beds
    1,944sqft
    : 
    $4,616/mo
    Get pre-qualified
    Single Family Residence
    Built in 2005
    5,662 Square Feet Lot
    $725,200 Zestimate®
    $385/sqft
    $-- HOA

    What's special

    High ceilingsThree well proportioned bedroomsPrivate sandy beachSpacious new wraparound deckAwnings for shadeNewly installed dockTwo tastefully renovated bathrooms
    Positioned directly on the shoreline of Bauneg Beg Lake, this immaculate raised ranch presents a rare opportunity to embrace waterfront living within a serene and secluded cove. The property includes a private sandy beach and a newly installed dock, offering direct access to a 200-acre lake celebrated for swimming, fishing, kayaking, and boating. The interior encompasses 1,944 square feet of thoughtfully arranged living space. High ceilings elevate the open-concept living, kitchen, and dining area, while an expansive wall of windows frames captivating water views from nearly every vantage point. The design accommodates both quiet daily routines and gatherings with equal grace. Three well proportioned bedrooms provide ample accommodation for family and guests, and two tastefully renovated bathrooms contribute a contemporary sensibility. The primary bedroom affords a restful retreat following an active day on the water. A newly added laundry room is bright and spacious so even laundry doesn't feel like a chore! The exterior amenities are equally compelling. A spacious new wraparound deck, complemented by awnings for shade, extends the living space outdoors, while a new covered patio rests mere steps from the sand. Enjoy the outdoors in rain, shine, or even snow! This cove allows for smooth skating and ice fishing during the winter months. Notably, this residence permits enjoyment of both lake and ocean, as Maine's renowned coastal beaches in Wells and Ogunquit lie less than thirty minutes away, with the charming villages of Kennebunk & North Berwick nearby for shopping and dining. The city of Sanford is minutes away to add to the convenience this location affords. Meticulously maintained and prepared for four seasons of enjoyment, this waterfront residence merits serious consideration. Kindly arrange a private showing at your earliest convenience. Professional interior photos will be available Thursday the 20th.
    2 days
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    802
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    42
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    Zillow last checked:

    Listing updated:

    Listed by:

    The Aland Realty Group

    Source: Maine Listings,MLS#: 1676324MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Area: 143 Square Feet
      • Dimensions: 13 x 11
      Bedroom 2
      • Level: Basement
      • Area: 121 Square Feet
      • Dimensions: 11 x 11
      Bedroom 3
      • Level: Basement
      • Area: 88 Square Feet
      • Dimensions: 11 x 8
      Dining room
      • Level: First
      • Area: 195 Square Feet
      • Dimensions: 13 x 15
      Family room
      • Level: Basement
      • Area: 240 Square Feet
      • Dimensions: 20 x 12
      Kitchen
      • Features: Cathedral Ceiling(s)
      • Level: First
      • Area: 120 Square Feet
      • Dimensions: 10 x 12
      Laundry
      • Level: Basement
      • Area: 99 Square Feet
      • Dimensions: 11 x 9
      Living room
      • Features: Cathedral Ceiling(s)
      • Level: First
      • Area: 221 Square Feet
      • Dimensions: 17 x 13
      Heating
      • Baseboard, Hot Water, Zoned
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
      Features
      • 1st Floor Bedroom, Bathtub, Shower, Storage
      • Flooring: Carpet, Luxury Vinyl
      • Basement: Interior Entry,Walk-Out Access,Daylight,Finished,Full
      • Has fireplace: No
      Interior area
      • Total structure area: 1,944
      • Total interior livable area: 1,944 sqft
      • Finished area above ground: 972
      • Finished area below ground: 972
      Video & virtual tour

      Property

      Parking
      • Parking features: Paved, 1 - 4 Spaces, On Site
      Features
      • Patio & porch: Deck, Patio
      • Has view: Yes
      • View description: Scenic
      • Body of water: Bauneg Beg Lake
      • Frontage length: Waterfrontage: 52,Waterfrontage Owned: 52
      Lot
      • Size: 5,662 Square Feet
      • Features: Near Golf Course, Near Town, Level, Open Lot, Landscaped
      Details
      • Parcel number: NBERM013L011
      • Zoning: ShorelineResidential
      • Other equipment: Internet Access Available

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Raised Ranch
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Vinyl Siding
      • Foundation: Poured Concrete
      • Roof: Shingle
      Condition
      • Year built: 2005

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Bauneg Beg Lake Association
      HOA
      • Has HOA: Yes
      Location
      • Region: North Berwick

      Financial & listing details

      • Price per square foot: $385/sqft
      • Tax assessed value: $553,800
      • Annual tax amount: $5,458
      • Date on market: 8/14/2026
      • Road surface type: Gravel, Dirt

        Estimated market value

        $725,200

        $689,000 - $761,000

        $2,819/mo

        Price history

        DateEventPrice
        8/14/2026Listed for sale$749,000+48.3%$385/sqft
        Source: Maine Listings #1676324 Report a problem
        10/7/2021Sold$505,000+2%$260/sqft
        Source: Maine Listings #1503778 Report a problem
        8/11/2021Pending sale$495,000$255/sqft
        Source: Maine Listings #1503778 Report a problem
        8/5/2021Listed for sale$495,000+35.6%$255/sqft
        Source: Maine Listings #1503778 Report a problem
        2/7/2020Sold$365,000-3.7%$188/sqft
        Source: PrimeMLS #4788082 Report a problem
        12/16/2019Listed for sale$379,000$195/sqft
        Source: Keller Williams Coastal Realty #1440908 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,538 +7.3%$553,800 +15.4%
        2023$5,160 +47.3%$480,000 +52.8%
        2022$3,503 +13.6%$314,200 +11.1%
        2021$3,084 +1.5%$282,900 +10.9%
        2020$3,037 -1.7%$255,200 +2%
        2019$3,089 -2.8%$250,100 +1.5%
        2018$3,179 +2.4%$246,400
        2017$3,105 $246,400
        2016$3,105 $246,400
        2015$3,105 +1.2%$246,400
        2013$3,068 $246,400
        2012$3,068 +14.8%$246,400
        2010$2,673 $246,400
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        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: 03906

        Getting around

        0 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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