An extraordinary lakefront retreat where nature, privacy, and timeless Maine elegance converge. Enveloped by mature forest and overlooking the shimmering waters of Damariscotta Lake, this singular property offers a true escape from the everyday.
Set on five secluded acres with an impressive 444 feet of pristine shoreline, the original lakeside cottage exudes warmth and character, anchored by a striking stone fireplace and thoughtfully designed living spaces. With three bedrooms and one-and-a-half baths, the home offers an intimate yet refined retreat perfectly suited for all seasons.
Complementing the main residence is a beautifully finished two-car garage with first-floor laundry and a light-filled apartment above - featuring two additional bedrooms, a full kitchen and bath, and two loft spaces - ideal for hosting guests, extended family, or creating a private hideaway within the estate.
Life here unfolds at an unhurried pace. Spend sun-drenched afternoons on the deck, linger on the dock, or enjoy swimming, kayaking, and fishing on one of Maine's most coveted lakes. With end-of-the-road privacy and just five miles from the Twin Villages of Damariscotta and Newcastle, refined dining, cultural offerings, and boutique shopping are close at hand - yet feel worlds away.
Closed
$1,415,000
175 Milliken Island Road, Newcastle, ME 04553
5beds
2,400sqft
Single Family Residence
Built in 1947
5 Acres Lot
$1,415,500 Zestimate®
$590/sqft
$3,473 Estimated rent
Home value
$1,415,500
Estimated sales range
Not available
$3,473/mo
Zestimate® history
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List your homeWhat's special
Striking stone fireplaceLakefront retreatFive secluded acresThoughtfully designed living spacesBeautifully finished two-car garageEnveloped by mature forestLight-filled apartment above
Zillow last checked:
Listing updated:
Listed by:
Legacy Properties Sotheby's International Realty
Bought with:
Legacy Properties Sotheby's International Realty
Source: Maine Listings,MLS#: 1649678
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Closet, Full Bath
- Level: First
- Area: 183.54 Square Feet
- Dimensions: 16.1 x 11.4
Bedroom 1
- Level: First
- Width: 6.3 Feet
Bedroom 2
- Level: First
Bedroom 3
- Level: Second
Dining room
- Level: First
Family room
- Features: Built-in Features, Sunken/Raised, Wood Burning Fireplace
- Level: First
Kitchen
- Features: Breakfast Nook
- Level: First
Living room
- Level: First
Loft
- Features: Sleeping
- Level: Second
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Dryer, Electric Range, Refrigerator, Washer
Features
- 1st Floor Bedroom, One-Floor Living, Shower, Primary Bedroom w/Bath
- Flooring: Carpet, Vinyl, Wood
- Basement: Interior Entry,Walk-Out Access,Partial,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
- Finished area above ground: 2,400
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Gravel, 5 - 10 Spaces
- Garage spaces: 2
Features
- Has view: Yes
- View description: Scenic
- Body of water: Damariscotta Lake
- Frontage length: Waterfrontage: 444,Waterfrontage Owned: 444
Lot
- Size: 5 Acres
- Features: Near Town, Rural, Wooded
Details
- Parcel number: NEWCM009L028
- Zoning: shoreland
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Wood Frame, Shingle Siding, Wood Siding
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1947
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Tank
- Water: Private, Well
Community & HOA
Community
- Subdivision: Miilken Island Road Assoc.
Location
- Region: Newcastle
Financial & listing details
- Price per square foot: $590/sqft
- Tax assessed value: $602,000
- Annual tax amount: $11,453
- Date on market: 1/19/2026
- Road surface type: Gravel, Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Sold | $1,415,000-2.4%$590/sqft |
Source:  Maine Listings #1649678 Report a problem | ||
| 4/14/2026 | Pending sale | $1,450,000$604/sqft |
Source: Maine Listings #1649678 Report a problem | ||
| 4/8/2026 | Contingent | $1,450,000$604/sqft |
Source: Maine Listings #1649678 Report a problem | ||
| 1/19/2026 | Listed for sale | $1,450,000+123.1%$604/sqft |
Source: Maine Listings #1649678 Report a problem | ||
| 12/5/2019 | Sold | $650,000-7%$271/sqft |
Source: Maine Listings #1417190 Report a problem | ||
| 7/26/2019 | Price change | $699,000-3.6%$291/sqft |
Source: Newcastle Realty #1417190 Report a problem | ||
| 5/31/2019 | Listed for sale | $725,000$302/sqft |
Source: Newcastle Realty #1417190 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,632 | $602,000 |
| 2023 | $9,632 +0.6% | $602,000 |
| 2022 | $9,572 +3.9% | $602,000 |
| 2021 | $9,211 | $602,000 |
| 2020 | $9,211 +61.5% | $602,000 +89% |
| 2019 | $5,703 | $318,600 |
| 2018 | $5,703 -0.8% | $318,600 |
| 2017 | $5,751 | $318,600 |
| 2016 | $5,751 | $318,600 |
| 2015 | $5,751 +13.5% | $318,600 |
| 2013 | $5,066 +6.7% | $318,600 |
| 2012 | $4,747 +4.2% | $318,600 |
| 2011 | $4,556 | $318,600 -2.2% |
| 2009 | -- | $325,800 |
| 2008 | -- | $325,800 |
Find assessor info on the county website
Neighborhood: 04553
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Nearby schools
GreatSchools rating
- 8/10Great Salt Bay Community SchoolGrades: PK-8Distance: 3.3 mi
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- Maine
- Lincoln County
- Newcastle
- 04553
- 175 Milliken Island Road
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