UPDATED:
Key Details
Property Type Commercial Sale
Sub Type Investment
Listing Status Active
Square Footage 10,023 sqft
MLS Listing ID 1624029
HOA Y/N No
Year Built 1898
Annual Tax Amount $11,902
Tax Year 2024
Lot Size 5.620 Acres
Acres 5.62
Property Sub-Type Investment
Source Maine Listings
Property Description
This exceptional one of a kind property offers endless potential for investors, developers, or anyone looking to capitalize on Maine's thriving lakeside market. Situated on 6 quiet acres with 531 feet of private frontage on pristine Salmon Lake, this is a rare chance to own a truly versatile asset in Central Maine.
The property features a beautifully maintained 7-bedroom, 3-bathroom main house that blends modern updates with charming original character. Just a short walk from the main home is a fully equipped lodge complete with a commercial kitchen and large dining room area, perfect for hosting events, retreats, or group rentals.
Near the water's edge, you'll find 11 cozy cottages, each with its own unique character. Six of these cottages include two bedrooms and a full bathroom, while the remaining five offer one bedroom and a full bathroom. This layout provides flexibility for short term or long term rentals, vacation stays, or family getaways.
Guests will love the wide range of activities available right on the property: Swimming, boating, kayaking, canoeing, and world class fishing for largemouth and smallmouth bass. The level waterfront also features a small beach area, perfect for relaxing by the water, grilling, hosting picnics, or enjoying evening bonfires.
Whether you're seeking an income-generating investment property, a family compound, or a retreat destination, this property checks every box. With 6 acres of space, 531 feet of private waterfront, and 11 rental-ready cottages, the potential for rental income, events, and seasonal stays is substantial.
The location is ideal! Just minutes from hiking trails, golf courses, and all the beauty of the Belgrade Lakes. Conveniently situated 15 minutes from Waterville, 20 minutes from Augusta, and just over an hour from Portland, this is a Central Maine investment gem waiting to be discovered.
NO PULL INS.APPOINTMENT REQUIRED.
Location
State ME
County Kennebec
Zoning Mixed use
Rooms
Basement Walk-Out Access, Full
Interior
Heating Other, Forced Air
Cooling A/C Units
Flooring Wood, Vinyl, Laminate
Exterior
Parking Features 11 - 20 Spaces, Off Street
View Y/N No
Roof Type Metal,Shingle
Garage Yes
Building
Lot Description Waterfront, Water View, Near Turnpike/Interstate, Near Airport, Near Shopping
Story 1
Foundation Concrete Perimeter
Sewer Private Sewer
Water Private
Structure Type Wood Siding,Vinyl Siding,Wood Frame
Others
Energy Description Pellets, Oil
