138 Fairview Drive, Waterboro, ME 04061

$3,900,000
Property Type: Land Lot Size (sq. ft.): 2,361,388 Status: Active
Current Price: $3,900,000 List Date: 11/14/2024 Last Modified: 12/15/2025

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.

Supplements: ********

More Information MLS# 1609318

Location Information

Book: 14559 Page: 55-59 Map: 045 Lot: 737 Zoning Overlay: Yes Association: No Tree Growth Y/N: No Street #: 138 Street Name: Fairview Street Type: Drive County: York Town: Waterboro State/Province: ME Zip Code: 04061 Zip +4: 4852 Zoning: Res Full Tax Amount $: 9398 Tax Year: 2024 Geo Lat: 43.655162 Geo Lon: -70.732448

Contract Information

List Price/Acre: 71942.45 Status: Active Original List Price: 3900000 List Price: $3,900,000 Current Price: $3,900,000

Property Information

Surveyed: Yes Seasonal: No Deed Type Offered: Warranty Deed: All Mobile Homes Allowed: Unknown Lot Size Acres +/-: 54.21 Acreage Other Source: Land and house lot. Source of Acreage: Public Records

Site

Level: 1 Rolling/Sloping: 1 Wooded: 1

Location

Abuts Conservation: 1 Near Public Beach: 1 Neighborhood: 1 Rural: 1

Roads

Dirt: 1 Gravel: 1 Private Road: 1

Water Info

Water Frontage: Yes Waterfront Amount: 3000 Water Frontage Owned: 3000 Water Frontage Shared: 0 Water View: Yes Water Body Name: Lake Arrowhead

Source of Water Frontage

Waterfront Other Source: Measured on desktop

Water Body Type

Lake: 1

Parking

1 - 4 Spaces: 1

Electric

Circuit Breakers: 1

Gas

No Gas: 1

Sewer

Septic Tank: 1

Water

Private: 1

Driveway

Gravel: 1

Property Features

Site: Level; Rolling/Sloping; Wooded Location: Abuts Conservation; Near Public Beach; Neighborhood; Rural Roads: Dirt; Gravel; Private Road Water Body Type: Lake Driveway: Gravel Parking: 1 - 4 Spaces Electric: Circuit Breakers Gas: No Gas Sewer: Septic Tank Water: Private
Listing Office: Keller Williams Realty
IDX
Last Updated: December - 15 - 2025
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