Estimated payment $21,562/month
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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,670 | $332,100 | $30,000 | $302,100 |
| 2023 | $3,351 | $253,900 | $22,200 | $231,700 |
| 2022 | $3,165 | $226,100 | $19,800 | $206,300 |
| 2021 | $3,070 | $204,000 | $18,000 | $186,000 |
| 2020 | $2,856 | $185,600 | $16,500 | $169,100 |
| 2019 | $2,833 | $184,100 | $15,000 | $169,100 |
| 2018 | $2,813 | $182,500 | $15,000 | $167,500 |
| 2017 | $2,818 | $182,500 | $15,000 | $167,500 |
| 2016 | $2,781 | $182,500 | $15,000 | $167,500 |
| 2015 | $2,755 | $197,500 | $30,000 | $167,500 |
| 2014 | $2,763 | $197,500 | $30,000 | $167,500 |
| 2013 | $2,694 | $197,500 | $30,000 | $167,500 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2024 11/14/24 | For Sale | $3,900,000 | -- | -- |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
At Keller Williams Realty, we pride ourselves on being the premier real estate agency in Maine, consistently achieving higher sales for more money than any competitor. I am honored to be part of such a dedicated and professional team.
As a full-time associate broker specializing in Southern Maine real estate, I am passionately committed to delivering outstanding results for my clients. With a proven track record that places me in the top 10% of my agency, I leverage extensive experience
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Great condition single-wide Colony Factory brand mobile. Positioned on its own 1.5 acre lot with right of access on a shared driveway maintained by the owner. You will enjoy a new deck overlooking a large backyard surrounded by trees. Line Elementary School is a short drive away. Capture this great deal today and stop paying rent.
Davian Akers Keller Williams Realty
$529,000
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4-unit investment building in the village of Brooks. Cap rate currently at 10%. Fully occupied with great tenants. The interior is well-maintained. The building has a solid, insulated basement with dependable systems, including a water filtration system. The exterior needs painting which will not qualify for FHA and VA loans.
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$510,000 Sold Apr 22, 2025
Get ready to spend this coming Maine Summer in this lovely camp by the shores of Sokokis Lake. Located in the tranquil Brown Brook section, you will have your own private sandy beach to relax, play corn hole outback, or go fishing off the dock. The camp will be sold furnished with laundry and an aluminum dock ready for your summer guests. There is a separate storage shed, laundry shed, and
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Source: Maine Listings
MLS Number: 1609318
APN: WTBR-000045-000000-000001-000739
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