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
Documents
Listing Office:
Keller Williams Realty
IDX
Last Updated: December - 15 - 2025
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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