193 New Bridge Road, Lebanon, ME 04027

$2,650,000

Property Type: Residential Bedrooms: 6 Baths: 4 Square Footage: 4,500 Lot Size (sq. ft.): 570,636 Status: Active

Current Price: $2,650,000 List Date: 3/20/2026 Last Modified: 3/20/2026

Overview

Description

Set at the natural channel connecting Northeast Pond, Milton Depot Pond, and Town House Pond, New Bridge Marina is one of the most recognized waterfront operations on the Maine-New Hampshire line, and one of the rarest properties to come to market on the Milton Three Ponds system. Three distinct assets, one transaction: approximately 13 acres of waterfront land with 300+ feet of direct frontage; a six-bedroom, four-bath colonial with a granite kitchen, gas island cooktop, double wall ovens, 1933 brick fireplace, four-season sunroom, formal dining room, multiple living areas, rear entertaining deck, and a second-floor balcony looking directly over the marina and open water; a full-service marina business with 35+ slip rentals and an active waiting list. The Blue Canoe Café operates from its own purpose-built building -- fully equipped commercial kitchen, Gifford's Ice Cream, Atomic Coffee Roasters, and a canoe mounted on the roof peak that customers spot from the road. The marina runs ... (Read more) Set at the natural channel connecting Northeast Pond, Milton Depot Pond, and Town House Pond, New Bridge Marina is one of the most recognized waterfront operations on the Maine-New Hampshire line, and one of the rarest properties to come to market on the Milton Three Ponds system. Three distinct assets, one transaction: approximately 13 acres of waterfront land with 300+ feet of direct frontage; a six-bedroom, four-bath colonial with a granite kitchen, gas island cooktop, double wall ovens, 1933 brick fireplace, four-season sunroom, formal dining room, multiple living areas, rear entertaining deck, and a second-floor balcony looking directly over the marina and open water; a full-service marina business with 35+ slip rentals and an active waiting list. The Blue Canoe Café operates from its own purpose-built building -- fully equipped commercial kitchen, Gifford's Ice Cream, Atomic Coffee Roasters, and a canoe mounted on the roof peak that customers spot from the road. The marina runs a two-sided fuel dock, pontoon and fishing boat rentals, canoes, kayaks, and paddleboards with delivery to nearby lakes, mechanical repair, winterization, and dry storage. A brand-new steel service building with finished office and reception handles year-round operations. Picnic tables line the waterfront lawn. Slips are full every season. Milton Three Ponds spans over 1,200 acres and keeps a loyal, returning customer base coming back season after season. For qualified buyers, the detailed financials under NDA tell a compelling story. This operation has delivered strong, consistently growing returns for multiple consecutive years and pencils cleanly to a meaningful cap rate at the asking price -- a real, serious day-one income opportunity whether you plan to live on-site, install a manager, or use the residence as a high-end seasonal rental alongside the operation. Easy drive to York, Kennebunk, Ogunquit, and New Hampshire's lakes region. Properties like this do not come back to market

Listing Details MLS# 1654889

Property Sub-Type

Property Sub-Type: Single Family Residence

Location Information

Street #: 193
Street Name: New Bridge
Street Type: Road
County: York
Town: Lebanon
State/Province: ME
Zip Code: 04027
Zip +4: 3714
Leased Land: No
Book: 18555
Page: 487
Map: U17
Lot: 001, 002, 038
Zoning: RA
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 13845
Tax Year: 2025
Tree Growth Y/N: No
Block: No

Contract Information

Original List Price: 2650000

Property Information

Surveyed: Yes
Seasonal: No
Deed/Conveyance Type Offered: Quit Claim
Deed: Partial
Bank Owned REO: No
2 Detached Houses on 1 Lot: No
# Rooms: 10
# Bedrooms: 6
# Fireplaces: Yes
Total Full Baths: 2
Total Half Baths: 2
Total Baths: 4
Furniture: Furnished
Year Built: 1973
SqFt Finished Above Grade: 3700
SqFt Finished Below Grade: 800
SqFt Finished Total: 4500
SqFt Source: Public Records
Garage: Yes
Garage Spaces: 4
Lot Size Acres +/-: 13.1
Source of Acreage: Seller
Road Frontage +/-: 900

Water Info

Water Frontage: Yes
Waterfront Amount: 300
Water Frontage Owned: 300
Water View: Yes
Water Body Name: NorthEast Pond at Milton Three Ponds
Water Frontage Shared: 0

Utilities

Utilities On: Yes

More Information

Site

Level: Yes
Rolling/Sloping: Yes
Well Landscaped: Yes
Wooded: Yes

Location

Rural: Yes

Roads

Paved: Yes

Source of Water Frontage

Public Records: Yes

Water Body Type

Lake: Yes
Pond: Yes

Recreational Water

Boat Mooring: Yes
Boat Slip: Yes
Deeded: Yes
Dock: Yes
Lake/Fresh Water: Yes

Construction

Wood Frame: Yes

Other Structures

Outbuilding: Yes

Basement

Daylight: Yes
Slab: Yes
Unfinished: Yes
Walk-Out Access: Yes

View

Scenic: Yes

Foundation Materials

Poured Concrete: Yes

Exterior

Clapboard: Yes

Roof

Shingle: Yes

Heat System

Forced Air: Yes

Heat Fuel

Oil: Yes

Cooling

Central Air: Yes

Floors

Carpet: Yes
Wood: Yes

Parking

Other Parking: Yes
11 - 20 Spaces: Yes
Off Street: Yes
On Site: Yes

Style

Colonial: Yes

Electric

Circuit Breakers: Yes

Bedroom 1

Bedroom 1: Yes
Bedroom 1 Level: Second

Gas

Bottled: Yes

Sewer

Private Sewer: Yes

Bedroom 2

Bedroom 2: Yes
Bedroom 2 Level: Second

Water

Private: Yes

Bedroom 3

Bedroom 3: Yes
Bedroom 3 Level: Second

Bedroom 4

Bedroom 4: Yes
Bedroom 4 Level: Second

Bedroom 5

Bedroom 5: Yes
Bedroom 5 Level: Second

Bedroom 6

Bedroom 6: Yes
Bedroom 6 Level: First

Driveway

Paved: Yes

Basement Entry

Interior: Yes

Water Heater

Electric: Yes

Den

Den: Yes
Den Level: Basement

Vehicle Storage

4+ Car: Yes

Dining Room

Dining Room: Yes
Dining Room Level: First

Kitchen

Kitchen: Yes
Kitchen Level: First

Living Room

Living Room: Yes
Living Room Level: First

Property Features

Site: Level; Rolling/Sloping; Well Landscaped; Wooded Location: Rural Roads: Paved Source of Water Frontage: Public Records Water Body Type: Lake; Pond Recreational Water: Boat Mooring; Boat Slip; Deeded; Dock; Lake/Fresh Water View: Scenic Style: Colonial Construction: Wood Frame Basement: Daylight; Slab; Unfinished; Walk-Out Access Basement Entry: Interior Foundation Materials: Poured Concrete Roof: Shingle Exterior: Clapboard Heat System: Forced Air Heat Fuel: Oil Water Heater: Electric Cooling: Central Air Floors: Carpet; Wood Driveway: Paved Parking: 11 - 20 Spaces; Off Street; On Site; Other Parking Vehicle Storage: 4+ Car Other Structures: Outbuilding Electric: Circuit Breakers Gas: Bottled Sewer: Private Sewer Water: Private

Room Information

Room Name	Level
Den	Basement
Bedroom 1	Second
Bedroom 2	Second
Bedroom 3	Second
Bedroom 4	Second
Bedroom 5	Second
Dining Room	First
Bedroom 6	First
Living Room	First
Kitchen	First

Documents

Deed Public Access ›

Tax Bill ›

IDX

Listing Office: EXP Realty

Last Updated: March - 20 - 2026

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 ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.