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$3,900,000
Listing Price3beds
1.5baths
1,632sqft
--sqft lot
138 Fairview Dr, North Waterboro, ME 04061
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
This is a rare opportunity to acquire 54 acres of prime, development-stage lakefrontnproperty with engineered lot layout, power infrastructure, and conceptual roadwaysnalready in place. Situated on the pristine shores of Lake Arrowhead in Waterboro, Maine,nthis property offers unmatched privacy, waterfront access, and long-term value in a high-ndemand region.nn Flexible Deal Structures Available:n Seller Financing Considered - terms negotiable with qualified partiesn Joint Ventures Welcome - collaborate on phased development or select lot releasen 1031 Exchange-Friendly - ideal for rollover investments seeking long-term gainndefermentn Equity Participation or Structured Exit Partnerships Availablen Subdivision build-out or infrastructure partnerships encouragedn Property Highlights:n 50+ engineered 1-acre lots (not formally subdivided)n 29 acres reserved open space bordering conservation landn Three power access points including new service to waterfrontn Commercial-grade gravel roads ~50% completen Private coves, peninsula frontage, and planned trail accessnnWith strong demand for high-quality lakefront housing, this property presents an idealnopportunity for developers, family trusts, or institutional investors seeking secure land-nbacked returns. Flexible structure allows buyers to scale entry and align with theirninvestment timeline.
Interior Details
1632
3
1.5
Has Heating:
Yes
Heating Type:
Hot Water
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
Full
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
N/A
No
No
Type:
Garage, Basement
Location:
N/A
Status:
N/A
Number of Spaces:
2
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Ranch
Wood Siding
N/A
N/A
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$2,833
$15,000
$169,100
--%
$184,100
2018
$2,809
$15,000
$167,500
--%
$182,500
2017
$2,818
$15,000
$167,500
--%
$182,500
2016
$2,781
$15,000
$167,500
--%
$182,500
2015
$2,755
$30,000
$167,500
--%
$197,500
Average Home Price in 04061
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$545,000
3 Beds
2 Baths
1,482 Sqft
24,394 Lot (sqft)
Sold 10/05/2026




