138 Fairview Drive, Waterboro, ME 04061

Listing agent Davian Akers Show Phone

Listing office Keller Williams Realty k***@kw.com 50 Sewall Street, Portland, ME Show Phone

Listing date Apr 16, 2026

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MLS# 1609318 Listing URL

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This 54.21-acre property represents a development opportunity on the shores of Lake Arrowhead in Waterboro, Maine. The property features an engineered lot layout, power infrastructure, and conceptual roadways. There are over 50 engineered 1-acre lots, though the property 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 land includes private coves, peninsula frontage, and planned trail access. The property is suited for developers, family trusts, or institutional investors. Flexible deal structures are available, including seller financing, joint ventures, 1031 exchange options, equity participation, and structured exit partnerships. Subdivision build-out or infrastructure partnerships are encouraged.

Suggested Use

Real Estate Agency Building Supply Accounting Firm Coworking & Hybrid Office Hotel & Motel HVAC Service Bed & Breakfast

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

Location Insight

• Map
• Local Demand

City

Waterboro

County

York

State

Maine

Longitude

-70.732414

Latitude

43.656043

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FAQs

What type of property is this?

Residential land & home lot - 54-acre lakefront property with development potential on Lake Arrowhead.

Where is this residential land & home lot located?

The property is located at 138 Fairview Drive 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‑acre lakefront property on Lake Arrowhead in Waterboro, Maine.; Engineered layout for 50+ engineered 1‑acre lots (not formally subdivided).; 29 acres reserved open space bordering conservation land.