Seller's Agent in 2025
Adam Parent
Maine Real Estate Co
(207) 604-4624
2 in this area
226 Total Sales
48 Green Bay Rd Newfield, ME 04095
Newfield Neighborhood
5
Beds
2
Baths
1,976
Sq Ft
0.26
Acres
Highlights
- Additional Residence on Property
- Docks
- Wooded Lot
- 100 Feet of Waterfront
- Deck
- Ranch Style House
About This Home
As of August 2025Discover the charm and tranquility of lakeside living with this rare opportunity to own two seasonal cottages perfectly situated on the scenic shores of Balch Lake in Newfield. This unique property provides the ideal setup for extended family, guests, or rental income, with each cottage providing its own private space and classic Maine camp charm.
The main cottage features three comfortable bedrooms and one full bathroom, along with a warm and inviting open-concept living area. A large deck overlooks the water, making it the perfect spot to relax with a morning coffee or unwind after a day on the lake. Natural wood finishes and large windows bring in plenty of sunlight and offer beautiful views of the surrounding landscape.
Just steps away, the second cottage offers two bedrooms and one full bathroom, creating an ideal guesthouse or rental opportunity. This cottage also includes its own cozy living area and a peaceful lakeside setting that makes it a quiet and private retreat.
Outside, you'll find direct access to Balch Lake, known for its boating, fishing, and swimming. The property includes a private dock and a generous stretch of waterfront, as well as a firepit and outdoor gathering space perfect for summer evenings under the stars. Surrounded by trees and tucked away from the road, this is a true hidden gem where you can enjoy the beauty of Maine in every season.
Located just two hours from Boston and within easy reach of Portland and Portsmouth, this is a rare chance to own a waterfront property with two cottages on one lot in a highly desirable area. Whether you're looking for a family camp compound, an income-generating investment, or your own peaceful getaway, this Balch Lake property provides endless potential!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,635
Year Built
- Built in 1953
Lot Details
- 0.26 Acre Lot
- 100 Feet of Waterfront
- Rural Setting
- Seasonal Access to Property
- Open Lot
- Sloped Lot
- Wooded Lot
- Property is zoned Rural
HOA Fees
- $29 Monthly HOA Fees
Parking
- Gravel Driveway
Property Views
- Water
- Scenic Vista
Home Design
- Ranch Style House
- Cottage
- Pillar, Post or Pier Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,976 Sq Ft Home
- Living Room
Kitchen
- Gas Range
- Dishwasher
- Formica Countertops
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Docks
- Deck
- Patio
- Porch
Additional Homes
- Additional Residence on Property
Utilities
- No Cooling
- Heating System Uses Propane
- Heating System Uses Wood
- Heating System Mounted To A Wall or Window
- The lake is a source of water for the property
- Electric Water Heater
- Private Sewer
Listing and Financial Details
- Tax Lot 38
- Assessor Parcel Number NEWF-000062-000000-000038
Community Details
Overview
- Shady Nook Subdivision
Amenities
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2025
Closed on
Aug 29, 2025
Sold by
Kathleen E Lemire Ft and Lemire
Bought by
Jordan David
Seller's Agent
Adam Parent
Maine Real Estate Co
Buyer's Agent
Brooke Peterson
RE/MAX Realty One
List Price
$795,000
Sold Price
$700,000
Premium/Discount to List
-$95,000
-11.95%
Views
114
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,051
Avg. Annual Appreciation
8.27%
Original Mortgage
$560,000
Outstanding Balance
$559,031
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$155,020
Purchase Details
Closed on
Apr 10, 2015
Sold by
Lemire Frederick A and Lemire Kathleen E
Bought by
Frederick A Lemire Ft and Lemire
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $700,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $560,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Sold | $700,000 | -11.9% | $354 / Sq Ft |
| 07/31/2025 07/31/25 | Pending | -- | -- | -- |
| 07/02/2025 07/02/25 | For Sale | $795,000 | -- | $402 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $5,892 | $477,500 | $300,000 | $177,500 |
| 2024 | $5,635 | $477,500 | $300,000 | $177,500 |
| 2023 | $5,214 | $477,500 | $300,000 | $177,500 |
| 2022 | $4,660 | $477,500 | $300,000 | $177,500 |
| 2021 | $4,347 | $382,000 | $240,000 | $142,000 |
| 2020 | $4,347 | $382,000 | $240,000 | $142,000 |
| 2019 | $4,255 | $382,000 | $240,000 | $142,000 |
| 2018 | $4,179 | $382,000 | $240,000 | $142,000 |
| 2017 | $4,126 | $382,000 | $240,000 | $142,000 |
| 2016 | $4,015 | $382,000 | $240,000 | $142,000 |
| 2015 | $3,694 | $379,300 | $240,000 | $139,300 |
| 2014 | $3,596 | $386,700 | $288,000 | $98,700 |
| 2013 | $3,480 | $386,700 | $288,000 | $98,700 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Parent
-
Brooke Peterson
Buyer's Agent in 2025
Brooke Peterson
RE/MAX
(207) 459-9108
5 in this area
45 Total Sales
Map
Source: Maine Listings
MLS Number: 1628943
APN: NEWF-000062-000000-000038
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393
Nearby Homes
- 57 Green Bay Rd
- 0 Island Dr
- 0 Whitehouse Rd
- 253 Asbury Ln
- 315 Libby Rd
- 1618 Acton Ridge Rd
- Parcel #1 Sanborn Rd
- Lot #021 Abbott Rd
- 284 Abbott Rd
- 367 Shady Nook Rd
- TBD Mann Rd
- 322 Concord Ln
- 0 Monique Dr Unit 5047887
- 97 Daniel Dr
- 51 Mill Pond Rd
- 00 Libby Rd Unit Lot 9
- 8 Eliot Dr
- 2403 Province Lake Rd Unit 21000
- Lots 30+18 Thornhill Rd
- 347 Anderson Cove Rd