138 Fairview Drive Waterboro, ME
$3,900,000
Acres 54.21
Description
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.
Listed by Keller Williams Realty, Davian Akers 207-879-9800
Details
MLS 1609318
Status Active
Price $3,900,000
DOM 389 days
Type Lot/Land
Lot Size 54.21 acres
Taxes Paid $9,398
Lot & Building Features
Tax Year 2024
Taxes Paid $9,398
Map
Get Directions
Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.

