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$549,000
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Property Description
Turnkey, furnished, active short term rental with 50 feet of frontage on a prime section of coveted Beech Hill Pond, with exceptional rental history. Designed for effortless lake living, the property appeals equally to investors seeking proven income and buyers looking for a private vacation or year-round escape. The open layout showcases captivating water views from every level, while the fully equipped kitchen and remodeled first floor bathroom bring comfort and convenience. A private drilled well provides reliable drinking water independent of the lake (uncommon in the area). Winding steps lead to a private dock and endless fun on the water, where summer and fall can be spent swimming, boating, fishing, and relaxing. The upper level of the home takes full advantage of the Pond's most expansive views. Come find yourself a waterfront lifestyle, and/or continue to run this property as a compelling investment opportunity.
Full Property Details
Full Property Details for 705 W Shore Rd
General
- Price: $549,000
- HOA FEE: $21/month
- HOA FEE FREQ.: Annually
- Taxes: $2,868 (2026)
- Status: Active
- Type: Single Family
- Source: MREIS
- MLS ID: 1676449
- Updated: 9/17/2026
- Added to Site: 55 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Pantry, Shower, Storage
- Appliances: Dryer, Microwave, Electric Range, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup
Additional Information
- Security/Safety: Fire Sprinkler System
- Equipment: Air Radon Mitigation System, Internet Access Available
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Gravel, 1 - 4 Spaces
Location
- County: Hancock
School Information
- High School District: Otis Public Schools
Community
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Electric, Oil, Baseboard, Heat Pump, Hot Water, Zoned
Utilities
- Sewer: Septic Tank
- Water: Private, Well
- Well: Yes
Structural Information
- Architectural Style: Cottage
- Construction: Wood Frame, Shingle Siding, Wood Siding
- Basement: Yes
- Basement Desc.: Interior Entry, Walk-Out Access, Daylight, Finished, Full
- Roof: Metal, Pitched
- Windows: Double Pane Windows
- Square Feet: 1,626
- Sq. Ft. Source: Other
- Finished Total: 1,626 Sq. Ft.
- Finished Above Grnd: 1,154 Sq. Ft.
- Finished Below Grnd: 472 Sq. Ft.
- Year Built: 2002
Lot Features
- Property View: Scenic
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276.4
- Zoning: Res
- Lot Description: Rural, Rolling Slope, Wooded
Water Features
- Water Front: Yes
- Water Front Name: Beech Hill Pond
Green Features
- Energy Efficient: Ceiling Fans, Water Heater, Insulated Foundation, Thermostat
Financial Considerations
- Association Fee: $250
- Assoc Fee Freq.: Annually
- Tax Amount: $2,868
- Tax Year: 2026
Disclosures and Reports
- Lot Number: 50
Listed by Lynam Real Estate Agency (207) 288-3334
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Schools
Schools serving 705 W Shore Rd
School District:Otis
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 705 W Shore Rd
Date
Details
Price
Change
Source
9/15/2026
Price Reduced
$549,000
-5.18%
MLS
8/16/2026
Listed
$579,000
—
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 705 W Shore Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,868
5%
$298,800
—
2024
$2,734
—
$298,800
44%
2023
$2,725
17%
$208,000
5%
2022
$2,331
9%
$197,500
—
2021
$2,139
3%
$197,500
—
2020
$2,074
—
$197,500
—
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 705 W Shore Rd
705 W Shore Road, Otis, ME 04605 (MLS# 1676449) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 705 W Shore Road is currently listed for $549,000 and was received on August 16, 2026. Want to learn more about 705 W Shore Road? Do you have questions about finding other Single Family real estate for sale in Otis? You can browse all Otis real estate or contact a Coldwell Banker agent to request more information.

