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    138 Fairview Dr North Waterboro, ME 04061

    For Sale
    $3,900,000

    LAND - Waterboro, ME

    Lot size:
    54.21 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 11 at 12:06 am

    Property Features for 138 Fairview Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res
    Lot size
    54.21 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Private
    Water front
    1

    Keller Williams Realty (207) 879-9800 [email protected]

    Listing agent Davian Akers (207) 879-9800

    Listing date Nov 19, 2025

    MLS# 1609318 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakefront Development Property in Waterboro

    This 54.21-acre property in Waterboro, Maine, presents a development opportunity on Lake Arrowhead. The property features an engineered lot layout and power infrastructure. Conceptual roadways are already in place. The site includes over 50 engineered 1-acre lots, although it is not formally subdivided. Approximately 29 acres are reserved as open space, bordering conservation land. The property has three power access points, including new service to the waterfront. Commercial-grade gravel roads are approximately 50% complete. The location offers private coves, peninsula frontage, and planned trail access. The site is suitable for developers, family trusts, or institutional investors. Flexible deal structures are available, including seller financing, joint ventures, 1031 exchange, equity participation, and structured exit partnerships. Subdivision build-out or infrastructure partnerships are encouraged.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Boutique Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Building Supply Hotel & Motel Accounting Firm HVAC Service Bed & Breakfast Coworking Space

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Waterboro
    County
    York
    State
    Maine
    Longitude
    -70.732427
    Latitude
    43.656287

    FAQs

    What type of property is this?
    Land - 54-acre lakefront property with development potential in Waterboro, Maine.
    Where is this land located?
    The property is located at 138 Fairview Dr North Waterboro, ME.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - 54 acres of PRIME LAKEFRONT PROPERTY on Lake Arrowhead.; - Engineered lot layout for 50+ one-acre lots (not formally subdivided).; - Power infrastructure in place, including new service to the waterfront.
    (207) 879-9800
    Request Owner's contact information
    138 Fairview Dr North Waterboro, ME 04061
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    North Waterboro, ME 04061
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    138 Fairview Dr North Waterboro, ME 04061
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