138 Fairview Drive Waterboro, ME

$3,900,000
Acres 54.21
Photo of 138 Fairview Drive Waterboro ME 04061




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

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Financing

$
20%
0.24097435897436%
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.


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