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.
Active
$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
- 282 days
- on Zillow |
- 386 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 01:23pm
Listed by:
Keller Williams Realty
Source: Maine Listings,MLS#: 1609318

Travel times
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
- Loading