Estimated payment $1,630/month
Highlights
- Waterfront
- Lake, Pond or Stream
- Cottage
- Gorham High School Rated 10
About This Home
Now offered at $265,000, this is a true waterfront property — a rare find under $300,000 in New England. The new price reflects the results of the recent septic inspection and already accounts for future capital improvements, making it an outstanding opportunity for investors, cash buyers, and vacation property seekers alike. This property comes with both a full building inspection and a septic inspection report, giving buyers transparency and confidence. It’s a prime waterfront investment priced well below the typical $500K+ range for similar waterfront homes. With 175 feet of direct frontage on Nay Pond, it is ideal for swimming, fishing, or kayaking. 2 bedrooms plus a loft offers a cozy, flexible layout for guests, while the large deck overlooking the water is perfect for outdoor dining, entertaining, or sunset views.
Recent updates include new structural supports & footings, freshly stained deck, and a 3-year-old water pump
Whether you're expanding your investment portfolio or seeking a summer retreat with serious potential, this property offers built-in value and long-term upside.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,917
Year Built
- Built in 1962
Lot Details
- 0.5 Acre Lot
- Waterfront
- Property is zoned RURAL
Parking
- Dirt Driveway
Home Design
- Cottage
- Stone Foundation
- Vinyl Siding
Interior Spaces
- 873 Sq Ft Home
- Property has 1 Level
- Water Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Outdoor Features
- Water Access
- Nearby Water Access
- Lake, Pond or Stream
Utilities
- The lake is a source of water for the property
- Sewer Holding Tank
Listing and Financial Details
- Tax Lot 60
- Assessor Parcel Number 195
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/26/2025 09/26/25 | Price Changed | $265,000 | -7.0% | $304 / Sq Ft |
| 08/07/2025 08/07/25 | For Sale | $285,000 | 0.0% | $326 / Sq Ft |
| 07/29/2025 07/29/25 | Price Changed | $285,000 | -3.4% | $326 / Sq Ft |
| 04/01/2025 04/01/25 | For Sale | $295,000 | +3.5% | $338 / Sq Ft |
| 04/01/2025 04/01/25 | Off Market | $285,000 | -- | -- |
| 01/07/2025 01/07/25 | Off Market | $295,000 | -- | -- |
| 08/06/2024 08/06/24 | For Sale | $295,000 | -- | $338 / Sq Ft |
Source: PrimeMLS
MLS Number: 5008447
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