$700,000
SOLD AUG 29, 2025

48 Green Bay Rd Newfield, ME 04095

Newfield Neighborhood
5 Beds
2 Baths
1,976 Sq Ft
0.26 Acres

Recently Sold

$354 Per Sq Ft

12% Below List Price

29 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Deck
  • Ranch Style House
  • Docks
  • Wooded Lot
  • Wood Flooring

About This Home

As of August 2025

Discover 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!

Last Agent to Sell the Property

Adam Parent

Maine Real Estate Co Listed on: 07/02/2025

Last Buyer's Agent

Brooke Peterson

RE/MAX Realty One

RE/MAX Realty One

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

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,635

Year Built

Built in 1953

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Water Body Name: Balch Lake
  • MLS Status: Closed
  • Subdivision Name: Shady Nook
  • Directions: Sign on Property.
  • Above Grade Finished Sq Ft: 1976.0
  • Architectural Style: Cottage, Ranch
  • Garage Yn: No
  • Year Built: 1953
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: Yes
  • Property Information:Lot Size Acres -: 0.26
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1976.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 350.0
  • Location Information:Fee Frequency Paid: Annually
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Style:Ranch: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Appliances Included:Gas Range: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Recreational Water:Dock: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Storage
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Bedroom 4 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Rolling/Sloping, Open, Wooded, Neighborhood, Rural
  • View: Scenic
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Lake Drawn

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11325.6
  • Parcel #: NEWF-000062-000000-000038
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 5635.0
  • Tax Book Number: 14272
  • Tax Lot: 38
  • Tax Map Number: 62
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2015
Sold by
Lemire Frederick A and Lemire Kathleen E
Bought by
Frederick A Lemire Ft and Lemire Bryan M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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 $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

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Map

Source: Maine Listings

MLS Number: 1628943

Maine Listings

APN: NEWF-000062-000000-000038