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Waterfront Double Lot
For Sale
$125,000

46-86 Island Road, Limerick, ME 04048

LAND - Limerick, ME

Property SizeContact for details
Lot Size0.95 Acres
Days on Market26

Property Features for 46-86 Island Road

General Information

Property type Land
Property subtype Other
Zoning Shoreland
Parking features None
Lot features Corner Lot, Wooded, Neighborhood, Rural, Subdivided
Standard status Active
Lot size 0.95 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1125
HOA Fee $885 Annually

Utilities

Sewer type Septic Needed
Water front 1
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Margaret Hill
Added: Jul 11 Last Checked: Aug 5 at 12:06PM
MLS# 1667893

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.

Investment Insights

Based on property information with market context.

This offering is a residential waterfront double lot totaling 0.95 acres, presented for sale under Shoreland zoning. The property is described as offering lake views and a setting suited to building a primary residence with direct enjoyment of shoreline living.

Set within the Lake Arrowhead community, the lot is positioned for buyers who want both private waterfront space and nearby shared facilities. The community is described as providing private beaches and a boat launch, along with two community centers featuring indoor and outdoor pools, fitness equipment, and a range of activities for residents.

For owner-occupants, this parcel can serve as a straightforward site to plan and build a waterfront home where everyday living can be centered on lake access and views. For buyers evaluating lake-community property, the combination of Shoreland zoning, waterfront placement, and the listed community amenities may help match projects that prioritize lifestyle use alongside a dedicated building lot.

Key Highlights

  • Double lot in the Lake Arrowhead community, ready for your new home
  • Lake views with private shoreline for waterfront living
  • Lake Arrowhead community offers private beaches and a boat launch

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Bakery Daycare Center Accounting Firm Coworking & Hybrid Office

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

57
Businesses Nearby

Demographics for 04048, ME

3,188
Population
1,565
Households
2
Avg Household Size
41
Median Age
24%
College-Educated
94%
High-School Grad
27.1 sq mi
ZIP Area
118
Density / Sq Mi
$90,125
Median Household Income
$45,791
Median Earnings
$1,153
Median Rent
$264,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Build a waterfront home on a double lot within the Lake Arrowhead community, with access to shared recreation amenities.
Where is this waterfront land located?
The property is located at 46-86 Island Road Limerick, ME.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Double lot in the Lake Arrowhead community, ready for your new home; Lake views with private shoreline for waterfront living; Lake Arrowhead community offers private beaches and a boat launch
More about this property
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