NOT LISTED FOR SALE

26 Lake Meadow Ln Newcastle, ME 04553

Estimated Value: $124,334 - $213,000

1.08 Acres
$156,173 Price per Acre
47,045 Sq Ft Lot

Last Sold October 26, 2020

Last sale price $90,000

Est. 87% increase in value since last sale

Current estimated payment $1,158/month

196 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 110 Feet of Waterfront
  • Wooded Lot
  • Great Salt Bay Community School Rated A-
  • Docks
  • Cul-De-Sac

About This Lot

As of October 2020

Rare opportunity to build in a wonderful established year-round lakefront neighborhood (9 lots) on southern Damariscotta Lake. This private 1.08-acre water access parcel, with some water views, is the only remaining undeveloped lot. Common lakefront has a shared dock, room to store your kayak, swim, ice skate, walk along the shore, fish and more! Some clearing has already been completed, so you can easily envision your dream home. Oversized association septic and well are in place and ready to be tapped into so you don't need to install on site! Electric to the lot is in place. Damariscotta Mills is a short paddle or walk, twin villages of Newcastle and Damariscotta are less than 5 minutes on a well-maintained country road. Enjoy the convenience of restaurants and shopping, the Skidompha Library, Miles Memorial Hospital, Lincoln Theater, town landing, brewpub and Lincoln Academy all within a few minutes. It's a quick 30 minutes to the Bath/Brunswick area and Bowdoin College and about an hour to the Portland Jetport. Great investment, great neighbors, great location.

Last Agent to Sell the Property

Kirsten Ingram

Keller Williams Realty Brokerage Phone: 207-563-1003 Listed on: 03/09/2020

Keller Williams Realty

Co-Listed By

Patti Brown

Newcastle Realty Brokerage Phone: 207-563-1003

Last Buyer's Agent

Kirsten Ingram

Newcastle Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $895

Lot Details

  • 1.08 Acre Lot
  • 110 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Cul-De-Sac
  • Street terminates at a dead end
  • Rural Setting
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Rural

HOA Fees

  • $93 Monthly HOA Fees

Property Views

  • Water
  • Woods

Utilities

  • Underground Utilities
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System

Listing and Financial Details

  • Tax Lot 017-00G
  • Assessor Parcel Number 26LakeMeadowLaneNewcastle04553

Community Details

Recreation

  • Deeded Waterfront Access Rights
  • Beach Access
  • Nearby Water Access
  • Mooring
  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$895

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.08
  • Road Frontage Type: Private
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Damariscotta Lake
  • Co List Office Mls Id: 1434
  • Co List Office Phone: 207-563-1003
  • MLS Status: Closed
  • Directions: Route 215 from Damariscotta. Go right on Lake Meadow Lane. Property is on the left side.
  • Attribution Contact: 207-563-1003
  • Property Information:Lot Size Acres -: 1.08
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Location Information:Association Fee: 93.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Gas:No Gas: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 110.0
  • Water Info:Water Frontage Shared -: 110.0
  • Recreational Water:Deeded: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Property Information:Mobile Homes Allowed: No
  • Utility Info Electric On Site: Yes
  • Parking Other Parking: Yes
  • Recreational Water:Dock: Yes
  • Site:Cul-De-Sac: Yes
  • Electric:Underground: Yes
  • Recreational Water:Beach Rights: Yes
  • Sewer:Quasi-Public: Yes
  • Recreational Water:Boat Mooring: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Cul-De-Sac, Open Lot, Rolling Slope, Wooded, Near Shopping, Near Town, Neighborhood, Rural
  • View: Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Other

Utilities

  • Electric: Underground, On Site
  • Sewer: Quasi-Public, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 93.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Lot Size Sq Ft: 47044.8
  • Parcel #: 26LakeMeadowLaneNewcastle04553
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 895.0
  • Tax Book Number: 3562
  • Tax Lot: 017-00G
  • Tax Map Number: 007
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2005
Sold by
Stafford William and Stafford 3Rd William C
Bought by
Readinger Charles J and Gallup Mary L
Current Estimated Value
$168,667
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Readinger Charles J -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $90,000 -9.1% --
09/22/2020 09/22/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $99,000 -- --
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

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 $1,496 $110,000 $110,000 $0
2023 $1,440 $90,000 $90,000 $0
2022 $1,431 $90,000 $90,000 $0
2021 $1,377 $90,000 $90,000 $0
2020 $895 $50,000 $50,000 $0
2019 $895 $50,000 $50,000 $0
2018 $895 $50,000 $50,000 $0
2017 $903 $50,000 $50,000 $0
2016 $903 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1446524

Maine Listings

APN: NEWC M:007 L:017-G