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Property Description
BELGRADE LAKES Own a Century of Maine Heritage: The Village Inn & Tavern. The crown jewel of the Belgrade Lakes, this is a rare opportunity to acquire one of the region's most storied lakefront properties. Originally established in 1921 as The Locust House, the inn stands today as the last remaining operational grand historic inn in the Belgrade Lakes, with a legacy that has welcomed notable guests ranging from L.L. Bean to Eugene O'Neill. Meticulously restored and thoughtfully curated, the property blends a refined rustic-chic aesthetic with modern luxury, capturing the spirit of Maine's Golden Age while offering the comforts today's guests expect. The offering includes a high-volume, lodge-style tavern and bar known for its award-winning ''Dock & Dine'' service and its legendary 12-hour roast duck, a signature dish since 1962. Eight beautifully renovated guest suites showcase elevated camp-style design, combining timeless character with contemporary amenities. The expansive lakefront grounds feature private parking, swimming access, and dedicated boat docks, allowing guests to arrive directly from Great Pond or Long Pond for a premier waterfront experience. The property also includes spacious owner's quarters, ideal for an on-site owner or caretaker to support seamless year-round operations. From the call of loons at sunrise to peaceful lakeside evenings, this property represents more than a business--it is a true legacy investment. Fully turnkey and rich in history, The Village Inn & Tavern offers the opportunity to own a defining piece of New England hospitality.
Full Property Details
Full Property Details for 157 Main St
General
- Price: $2,895,000
- Taxes: $12,392 (2025)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1656478
- Updated: 4/4/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Bed & Breakfast, Bar/Tavern/Lounge, Hotel/Motel, Rest
Interior
- Interior Features: Storage
- Flooring: Wood, Vinyl, Tile, Concrete, Carpet
Additional Information
- Equipment: Internet Access Available
Parking
- Parking Features: 21 or More Spaces, On-Site Parking, Off Street
Location
- County: Kennebec
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s), Heat Pump
- Heating Type: Zoned, Other, Hot Water, Heat Pump, Baseboard
Utilities
- Sewer: Septic Tank, Private Sewer, Septic Design Available
- Water: Well, Private
- Well: Yes
Structural Information
- Construction: Wood Siding, Vinyl Siding, Clapboard, Wood Frame
- Roof: Metal
- Stories/Levels: 3
- Building Size: 7256
- Square Feet: 7,256
- Living Area: 7,256 Sq. Ft.
- Year Built: 1899
- Other Struct. Feat.: Generator
Lot Features
- Lot Size (Acres): 0.89
- Lot Size (Sq. Ft.): 38,768.4
- Zoning: SHORELAND
- Lot Description: Waterfront, Water View, Deep Water Access, Near Shopping, Rural
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $12,392
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 6 & 22
Listed by Portside Real Estate Group (207) 495-3700
Get Pre-Approved Today
Schools
Schools serving 157 Main St
School District:Regional School Unit 18
| Name | Grades | Distance |
|---|---|---|
Belgrade Central School 158 Depot Road, Belgrade, ME 04917 | PK-5 | 5.8 mi |
Messalonskee Middle School 33 School Bus Drive, Oakland, ME 04963 | 6-8 | 8.6 mi |
Messalonskee High School 131 Messalonskee High Drive, Oakland, ME 04963 | 9-12 | 8.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 157 Main St
Date
Details
Price
Change
Source
4/04/2026
Listed
$2,895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 157 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,392
12%
$1,169,100
—
2024
$11,106
6%
$1,169,100
—
2023
$10,463
-3%
$1,169,100
67%
2022
$10,797
—
$702,000
—
2021
$10,797
—
$702,000
—
2020
$10,797
—
$702,000
—
2019
$10,797
5%
$702,000
—
2018
$10,249
1%
$702,000
—
2017
$10,109
3%
$702,000
—
2016
$9,828
3%
$702,000
1%
2015
$9,526
2%
$697,900
—
2014
$9,317
12%
$697,900
—
2013
$8,340
—
$697,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 157 Main St
157 Main Street, Belgrade, ME 04917 (MLS# 1656478) is a Commercial property. 157 Main Street is currently listed for $2,895,000 and was received on April 04, 2026. Want to learn more about 157 Main Street? Do you have questions about finding other Commercial real estate for sale in Belgrade? You can browse all Belgrade real estate or contact a Coldwell Banker agent to request more information.

