This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/33
$3,900,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/33
Property Description
This is a rare opportunity to acquire 54 acres of prime, development-stage lakefront property with engineered lot layout, power infrastructure, and conceptual roadways already in place. Situated on the pristine shores of Lake Arrowhead in Waterboro, Maine, this property offers unmatched privacy, waterfront access, and long-term value in a high- demand region. Flexible Deal Structures Available: "¢ Seller Financing Considered - terms negotiable with qualified parties "¢ Joint Ventures Welcome - collaborate on phased development or select lot release "¢ 1031 Exchange-Friendly - ideal for rollover investments seeking long-term gain deferment "¢ Equity Participation or Structured Exit Partnerships Available "¢ Subdivision build-out or infrastructure partnerships encouraged Property Highlights: "¢ 50+ engineered 1-acre lots (not formally subdivided) "¢ 29 acres reserved open space bordering conservation land "¢ Three power access points including new service to waterfront "¢ Commercial-grade gravel roads ~50% complete "¢ Private coves, peninsula frontage, and planned trail access With strong demand for high-quality lakefront housing, this property presents an ideal opportunity for developers, family trusts, or institutional investors seeking secure land- backed returns. Flexible structure allows buyers to scale entry and align with their investment timeline.
Full Property Details
Full Property Details for 138 Fairview Dr
General
- Price: $3,900,000
- Taxes: $9,398 (2024)
- Status: Active
- Type: Lots/Land
- Source: MREIS
- MLS ID: 1609318
- Updated: 8/5/2025
- Added to Site: 429 day(s) ago
Parking
- Parking Features: 1 - 4 Spaces, Gravel
Location
- County: York
Utilities
- Sewer: Septic Tank
- Water: Private
Lot Features
- Lot Size (Acres): 54.21
- Lot Size (Sq. Ft.): 2,361,387.6
- Lot Size Source: Public Records
- Street/Road Desc.: Private Road, Gravel, Dirt
- Zoning: Res
- Lot Description: Rolling/Sloping, Level, Wooded, Abuts Conservation, Near Public Beach, Neighborhood, Rural
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $9,398
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 737
Listed by Keller Williams Realty (207) 879-9800
Get Pre-Approved Today
Schools
Schools serving 138 Fairview Dr
School District:School Administrative District 57
| Name | Grades | Distance |
|---|---|---|
Massabesic High School 88 West Road, Waterboro, ME 04087 | 9-12 | 8.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 138 Fairview Dr
Date
Details
Price
Change
Source
11/14/2024
Listed
$3,900,000
—
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 138 Fairview Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,670
10%
$332,100
31%
2023
$3,351
6%
$253,900
12%
2022
$3,165
3%
$226,100
11%
2021
$3,070
7%
$204,000
10%
2020
$2,856
1%
$185,600
1%
2019
$2,833
1%
$184,100
1%
2018
$2,809
—
$182,500
—
2017
$2,818
1%
$182,500
—
2016
$2,781
1%
$182,500
-8%
2015
$2,755
—
$197,500
—
2014
$2,763
3%
$197,500
—
2013
$2,694
—
$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 138 Fairview Dr
138 Fairview Drive, Waterboro, ME 04061 (MLS# 1609318) is a Lots/Land property with a lot size of 54.21 acres. 138 Fairview Drive is currently listed for $3,900,000 and was received on November 14, 2024. Want to learn more about 138 Fairview Drive? Do you have questions about finding other Lots/Land real estate for sale in Waterboro? You can browse all Waterboro real estate or contact a Coldwell Banker agent to request more information.

