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:
4/07/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# 1609318
Location Information
- Street #
- 138
- Street Name
- Fairview
- Street Type
- Drive
- County
- York
- Town
- Waterboro
- State/Province
- ME
- Zip Code
- 04061
- Zip +4
- 4852
- Book
- 14559
- Page
- 55-59
- Map
- 045
- Lot
- 737
- Zoning
- Res
- Zoning Overlay
- Yes
- Association
- No
- Full Tax Amount $
- 9398
- Tax Year
- 2024
- Tree Growth Y/N
- No
Contract Information
- Original List Price
- 3900000
- List Price/Acre
- 71942.45
Property Information
- Surveyed
- Yes
- Seasonal
- No
- Deed Type Offered
- Warranty
- Deed
- All
- Mobile Homes Allowed
- Unknown
- Lot Size Acres +/-
- 54.21
- Source of Acreage
- Public Records
- Acreage Other Source
- Land and house lot.
Water Info
- Water Frontage
- Yes
- Waterfront Amount
- 3000
- Water Frontage Owned
- 3000
- Water View
- Yes
- Water Body Name
- Lake Arrowhead
- Water Frontage Shared
- 0
Source of Water Frontage
- Waterfront Other Source
- Measured on desktop
Site
- Level
- Yes
- Rolling/Sloping
- Yes
- Wooded
- Yes
More Information
Location
- Abuts Conservation
- Yes
- Near Public Beach
- Yes
- Neighborhood
- Yes
- Rural
- Yes
Roads
- Dirt
- Yes
- Gravel
- Yes
- Private Road
- Yes
Water Body Type
- Lake
- Yes
Parking
- 1 - 4 Spaces
- Yes
Electric
- Circuit Breakers
- Yes
Gas
- No Gas
- Yes
Sewer
- Septic Tank
- Yes
Water
- Private
- Yes
Driveway
- Gravel
- Yes
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: April - 07 - 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 ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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