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Undeveloped Waterfront Land Parcel
For Sale
$999,000

M17L1 Fairview Drive, Waterboro, ME 04061

Land, Waterboro, ME

Property SizeContact for details
Lot Size11.00 Acres
Days on Market47

Property Features for M17L1 Fairview Drive

General Information

Property type Land
Property subtype Other
Zoning Res
Parking features Other
Lot features Rolling/ Sloping, Level, Wooded, Abuts Conservation, Rural, Subdivided
Standard status Active
Lot size 11.00 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1

Utilities

Water front features Lake
Water front 1
Listing Agency: Keller Williams Realty
Listed By: Davian Akers
Added: Jul 24 Changed: Aug 19 Last Checked: Sep 8 at 9:06AM
MLS# 1673351

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 undeveloped waterfront land parcel offers approximately 11 acres on Lake Arrowhead. The property includes an elevated rear section that gradually slopes down to an even surface along the water, with a large peninsula and a cove-shaped beach. A separate option mentioned in the remarks is purchasing the home at 138 Fairview Drive to provide private access.

The parcel is accessed by gravel roads off Fairview Drive. The remarks also indicate the property is a proposed parcel that is part of a larger 54-acre lot that could potentially be developed.

The configuration of the site, including the peninsula and cove-shaped beach, supports a range of waterfront ownership outcomes, depending on how the land is ultimately developed or preserved.

Key Highlights

  • 11 acres of undeveloped waterfront property on Lake Arrowhead
  • Elevated rear section that gradually slopes down to an even surface along the water
  • Includes a large peninsula and a cove‑shaped beach

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Hotel & Motel Coworking & Hybrid Office Bed & Breakfast

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

16
Businesses Nearby

Demographics for 04061, ME

3,437
Population
1,186
Households
2.9
Avg Household Size
37
Median Age
23%
College-Educated
95%
High-School Grad
20.1 sq mi
ZIP Area
171
Density / Sq Mi
$83,299
Median Household Income
$49,198
Median Earnings
$223,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - An 11-acre undeveloped parcel on Lake Arrowhead with elevated terrain and waterfront access via gravel roads.
Where is this waterfront land located?
The property is located at M17L1 Fairview Drive Waterboro, ME.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 11 acres of undeveloped waterfront property on Lake Arrowhead; Elevated rear section that gradually slopes down to an even surface along the water; Includes a large peninsula and a cove‑shaped beach
More about this property
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