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  • $3,900,000

    138 Fairview Drive, Waterboro, ME 04061

    --beds
    --baths
    54.21Acres
    Land
    Built in ----
    54.21 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Power infrastructurePrivate covesLong-term valuePlanned trail accessWaterfront accessPeninsula frontageEngineered lot layout
    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.
    282 days
    on Zillow
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    386
    |
    14
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    Zillow last checked: 7 hours ago

    Listing updated: August 05, 2025 at 01:23pm

    Listed by:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1609318MLS Logo
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    Facts & features

    Interior

    Video & virtual tour

    Property

    Parking
    • Parking features: 1 - 4 Spaces, Gravel
    Features
    • Body of water: Lake Arrowhead
    • Frontage length: Waterfrontage: 3000,Waterfrontage Owned: 3000
    Lot
    • Size: 54.21 Acres
    • Features: Rolling/Sloping, Level, Wooded, Abuts Conservation, Near Public Beach, Neighborhood, Rural
    Details
    • Parcel number: WTBRM045L001739
    • Zoning: Res

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Water: Private

    Community & HOA

    Location
    • Region: North Waterboro

    Financial & listing details

    • Tax assessed value: $332,100
    • Annual tax amount: $9,398
    • Date on market: 11/14/2024
    • Road surface type: Gravel, Dirt
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