Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Buildable Waterfront Lot with Deeded Access Title is generated by Realmo AI

    Winterberry Lane, Bridgton, ME 04009

    View on Map
    Claim this Listing
    New
    For Sale
    $129,000

    LAND - Bridgton, ME

    Lot size:
    0.70 Acres
    Added:
    Jun 5, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 6 at 1:06 am

    Property Features for Winterberry Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Lakeside N
    Parking features
    Driveway
    Standard status
    Active
    Lot size
    0.70 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    788

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed, Private
    Water front features
    Lake
    Water front
    1

    We can help!

    Listing Contact
    James Oberg

    Listing agent James Oberg

    Listing office Oberg Insurance & Real Estate Agency, Inc. 132 Main Street, Bridgton, ME

    Listing date Jun 5, 2026

    MLS# 1665686 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.

    HighLights

    • Buildable lot in Highland Pines with soils tested
    • Deeded access to two private association waterfront areas on Highland Lake—sandy beach and boat launch, plus a boat dock
    • Wooded path to the beach nearly directly across from the property
    • Water and sewer: private well needed; septic needed
    • Driveway parking
    • Close to recreation: Pleasant Mountain 13 minutes away; North Conway shopping 40 minutes; Portland/Portland Jetport just over an hour

    Overview

    This for-sale wooded lot is described as buildable and has been soils tested. It is located in Highland Pines and is offered with deeded access to two private association waterfront areas on Highland Lake, including one with a sandy beach and boat launch and a second with a boat dock for lake access. The property also notes a wooded path to the beach located nearly directly across from the lot, and it states there is potential for a boat mooring.

    The site is positioned in a lake-access neighborhood in Bridgton, with downtown Bridgton’s shops, restaurants, and amenities described as only minutes away. The remarks also note convenient access to year-round recreation, including nearby outdoor opportunities such as Pleasant Mountain (13 minutes away) and skiing, hiking, and mountain biking. North Conway attractions are described as about 40 minutes away, and Portland and the Portland Jetport are listed as just over an hour’s drive.

    For buyers looking to build in the Lakes Region, the combination of soils-tested buildability and deeded waterfront access to both a beach/launch area and a dock supports a wide range of uses, including a year-round home or a vacation retreat. The stated lake access features and nearby recreation may also appeal to buyers planning to use the property as an investment tied to the area’s outdoor lifestyle.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Bridgton
    County
    Cumberland
    State
    Maine
    Longitude
    -70.763936
    Latitude
    44.092466

    Nearby Similar for Sale

    • $599,900
      3,266 SF

      Turnkey Restaurant with Renovated Home

      Equipped restaurant, renovated home, and storage near lakes and skiing.
      251 N High Street, Bridgton, ME 04009
      View Details
    • $400,000
      1,500 SF

      Garage-Style Commercial Property

      Garage-ready commercial building on town water with newer roof and recent survey in a busy commercial corridor.
      201 Portland Road, Bridgton, ME 04009
      View Details
    • $500,000

      Prime Land in Bridgton, Maine

      10 acres with frontage on Route 302 in Bridgton.
      Portland Road lot: 29A, Bridgton, ME 04009
      View Details
    • $235,000
      1,248 SF

      Downtown Bridgton Commercial Opportunity

      Commercial property in a high-traffic, vibrant downtown Bridgton location.
      7 Main Street, Bridgton, ME 04009
      View Details
    • $1,500,000

      Prime Land in Bridgton, Maine

      60 acres with 2,000 feet of frontage on Route 302.
      Portland Road, Bridgton, ME 04009
      View Details
    • $995,000

      Long Lake Waterfront Land Parcel

      Flat Long Lake waterfront parcel with sandy bottom frontage and an on-site shed for lake gear storage.
      Lakeside Pines Road lot: #1, Bridgton, ME 04009
      View Details
    • $140,000
      600 SF

      Charming Commercial Property in Bridgton

      Unique commercial property with historic charm and untapped potential.
      2 Iredale Street, Bridgton, ME 04009
      View Details
    • $3,250,000

      Prime Commercial Development Land Available

      15-acre commercial development parcel with town utilities and multiple access points.
      323 Portland Road, Bridgton, ME 04009
      View Details
    • $210,000

      Bridgton Mixed-Use Development Opportunity

      Prime Route 302 frontage with commercial and residential potential.
      N High Street, Bridgton, ME 04009
      View Details
    • $159,000

      Bridgton, ME Development Opportunity

      1.22-acre parcel in Bridgton's Mixed Use Corridor.
      49-2 Harrison Road, Bridgton, ME 04009
      View Details
    • $110,000

      Waterfront Recreational Land with River Frontage

      Enjoy 483± feet of owned Bear River frontage with year-round paved access, power at the road, and snowmobile trail access.
      M21 L4-1 Waterford Road, Bridgton, ME 04009
      View Details
    • $85,000

      Buildable Lot Near Pleasant Mountain

      2.5-acre buildable lot near downtown Bridgton and Pleasant Mountain.
      Sweden Road lot: 15-3B, Bridgton, ME 04009
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Buildable lot with soils testing and deeded access to two Highland Lake waterfront areas.
    Where is this waterfront land located?
    The property is located at Winterberry Lane Bridgton, ME.
    What is the asking price?
    The asking price for this property is $129,000.
    What are key features of this property?
    This property features: Buildable lot in Highland Pines with soils tested; Deeded access to two private association waterfront areas on Highland Lake—sandy beach and boat launch, plus a boat dock; Wooded path to the beach nearly directly across from the property
    (207) 647-5551
    We can help!
    Listing Contact
    James Oberg
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Winterberry Lane, Bridgton, ME 04009
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!