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Historic Bed And Breakfast Property
For Sale
$599,000

686 Waterford Road, Waterford, ME 04088

Historic lodging compound includes guest accommodations, owner’s quarters, dining areas, and a detached cottage.

Property Size14,000 SF
Days on Market1182

Property Features for 686 Waterford Road

General Information

Standard status Active
Size 14,000 SF
Property subtype Commercial
Zoning residential

Taxes and HOA fees

Annual Taxes $4,212

Building Details

Building Size 14,000 SF
Year Built 1797
Listing Agency: Keller Williams Realty
Listed By: John Eccles
Source: Startpoint
Added: May 13, 2023 Changed: Aug 4 Last Checked: Aug 5 at 12:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty

Investment Insights

Based on property information with market context.

Built in 1797, this historic property features a Greek Revival façade and a two-story front porch oriented toward the Village Green. The main building includes 8 guest rooms with private baths, 2-bedroom owner’s quarters, two parlors, fireplaces, a casual dining room, ballroom, commercial kitchen, garage, and storage. A detached 924-square-foot guest cottage adds separate accommodation, while the grounds include a gazebo, landscaped areas, herbs, perennials, and fruit trees. The property has also served as a private residence for many years.

The Lake House is listed on the National Register of Historic Places and forms part of the National Historic District in Waterford Flats village. It is located across from Keoka Lake in Waterford, Maine, within the western Maine Lakes Region and near the foothills of the White Mountains. The residential zoning and existing layout support consideration of the bed-and-breakfast, wedding, and small meeting uses identified in the property information.

Key Highlights

  • 1797‑built property listed on the National Register of Historic Places
  • 8 guest rooms with private baths in the main building
  • 2‑bedroom owner’s quarters on the top floor

Property Analytics

Current Use

Bed & breakfasts

Suggested Use

Top Pick Auto Repair Shop Skin Care Clinic Acupuncture Restaurant Gym & Fitness Center Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby
Well-served
Demand for This Use

Demographics for 04088, ME

1,533
Population
993
Households
1.5
Avg Household Size
50
Median Age
30%
College-Educated
93%
High-School Grad
49.8 sq mi
ZIP Area
31
Density / Sq Mi
$65,000
Median Household Income
$37,583
Median Earnings
$835
Median Rent
$242,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Camp Konewago Waterford, ME 04088

Frequently Asked Questions

What type of property is this?
Bed & breakfast - Historic lodging compound includes guest accommodations, owner’s quarters, dining areas, and a detached cottage.
Where is this bed & breakfast located?
The property is located at 686 Waterford Road Waterford, ME.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1797‑built property listed on the National Register of Historic Places; 8 guest rooms with private baths in the main building; 2‑bedroom owner’s quarters on the top floor
More about this property
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