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Waterboro Land Subdivision Opportunity
For Sale
$400,000

M17L1 New Dam Road, Waterboro, ME 04061

LAND - Waterboro, ME

Property SizeContact for details
Lot Size8.00 Acres
Days on Market79

Property Features for M17L1 New Dam Road

General Information

Property type Land
Property subtype Other
Zoning Res
Parking features Other
Lot features Level, Wooded, Abuts Conservation, Near Public Beach, Neighborhood, Rural, Subdivided
Standard status Active
Lot size 8.00 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: May 26 Changed: Jun 11 Last Checked: Aug 12 at 2:06PM
MLS# 1660868

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 property features a proposed 8-acre subdivision, presenting an opportunity for the creation of 8 house lots. Access is facilitated from New Dam Road via a flat gravel road. Residences within the subdivision can have access to Lake Arrowhead for recreational activities. The property is not part of an association. The seller is open to offering creative financing options to assist developers in commencing the project. Note that previous approvals have expired and will require reapproval. This listing is a part of MLS #1609318.

Key Highlights

  • Proposed estimated 8‑acre subdivision with opportunity for 8 house lots
  • Access from New Dam Rd via a flat gravel road
  • Lake waterfront access for recreation via Lake Arrowhead

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Daycare Center

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

10
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?
Residential land & home lot - 8-acre land parcel suitable for residential development in Waterboro, ME.
Where is this residential land & home lot located?
The property is located at M17L1 New Dam Road Waterboro, ME.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Proposed estimated 8‑acre subdivision with opportunity for 8 house lots; Access from New Dam Rd via a flat gravel road; Lake waterfront access for recreation via Lake Arrowhead
More about this property
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