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$699,000 Just Listed
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Property Description
Discover a rare Maine hospitality investment offering five distinct sources of income on approximately 24 wooded acres in the heart of the Lincoln Lakes Region. The property features four rental cabins, creating an established lodging income stream. Each cabin offers its own unique appeal for families, fishing and hunting trips, ATV and snowmobile enthusiasts, and vacationers seeking a true Maine experience. With year-round accessibility and strong recreational demand, the cabins provide an excellent opportunity to increase occupancy and revenue. A one-bedroom apartment located above the office/store provides a second income-producing opportunity, whether used as an owner's residence, employee housing, or additional rental. The property's wedding and event venue is a major value driver and offers tremendous potential to expand revenue beyond traditional camping. The picturesque wooded setting is ideal for weddings, celebrations, retreats, reunions, and private events-creating a high-value income stream with the ability to operate alongside the campground and cabins. The campground itself provides additional income through RV and tent campsites, with six RV sites offering water and 30-amp electric, plus wooded and wilderness camping options. ATV and snowmobile trail access, nearby Silver Lake, a bathhouse, hot showers, WiFi, and a dump station further support four-season demand. Perhaps the greatest opportunity lies in the approximately 24 acres of land itself. With substantial acreage and an established hospitality operation already in place, there is significant potential for future expansion-additional cabins, Airbnb units, RV sites, campsites, glamping accommodations, event facilities, retreats, recreational amenities, or other permitted uses. The land provides not only current income but a valuable foundation for future development and appreciation. Conveniently located within reach of Lincoln, Bangor, and Millinocket.
Full Property Details
Full Property Details for 346 Arab Rd
General
- Price: $699,000
- Taxes: $8,080 (2025)
- Status: Active
- Type: Commercial Investment
- Source: MREIS
- MLS ID: 1679137
- Updated: 9/3/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Campground, Other
Interior
- Interior Features: Storage
- Flooring: Laminate, Vinyl, Wood
Additional Information
- Equipment: Internet Access Available
Parking
- Parking Features: 21 or More Spaces, On-Site Parking
Location
- County: Penobscot
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Electric, Propane, Direct Vent Heater, Heat Pump, Other
Utilities
- Sewer: Private Sewer, Septic Tank
- Water: Private, Well
- Well: Yes
Structural Information
- Construction: Wood Frame, Log Siding, Wood Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Metal, Shingle
- Square Feet: 1,490
- Year Built: 1996
- Other Struct. Feat.: Other Equipment
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 24.5
- Lot Size (Sq. Ft.): 1,067,220
- Zoning: Commercial
- Lot Description: Rural
Financial Considerations
- Tax Amount: $8,080
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 006-F
Listed by Elevate Maine Realty (207) 331-4565
Get Pre-Approved Today
Schools
Schools serving 346 Arab Rd
School District:School Administrative District 30
| Name | Grades | Distance |
|---|---|---|
Mt Jefferson Jr High School 61 Winn Road, Lee, ME 04455 | 5-8 | 1.9 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 346 Arab Rd
Date
Details
Price
Change
Source
9/03/2026
Listed
$699,000
—
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 346 Arab Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,080
7%
$531,600
14%
2024
$7,562
18%
$466,800
27%
2023
$6,417
12%
$366,700
25%
2022
$5,717
6%
$293,200
11%
2021
$5,412
-7%
$264,000
7%
2020
$5,833
10%
$245,600
5%
2019
$5,282
9%
$233,200
-1%
2018
$4,853
50%
$235,000
43%
2016
$3,232
76%
$164,500
77%
2014
$1,839
9%
$93,100
-1%
2013
$1,690
—
$93,900
—
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 346 Arab Rd
346 Arab Road, Lee, ME 04455 (MLS# 1679137) is a Commercial Investment property. 346 Arab Road is currently listed for $699,000 and was received on September 03, 2026. Want to learn more about 346 Arab Road? Do you have questions about finding other Commercial Investment real estate for sale in Lee? You can browse all Lee real estate or contact a Coldwell Banker agent to request more information.

