M17L1 Fairview Drive, Lake Arrowhead, ME 04061
Local realty services provided by:CENTURY 21 North East
Office: keller williams realty
MLS#:1679928
Source:ME_MREIS
Price summary
- Price:$1,875,000
About this home
Take advantage of this new price! Now is your chance to build a community, a multi-building compound, vacation retreat, or your own private home on this rare 51-acre prime lakeside lot. This lakefront property with engineered lot layout, power infrastructure, and conceptual roadways already in place is a rare find. 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 of 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. Smaller proposed lots are listed as well. Land comes with lot 045-001-737, a .47 acre lot on Fairview Dr for a utility easement....
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Home facts
- Listing ID #:1679928
- Updated:October 26, 2026 at 10:04 PM
Structure and exterior
- Lot area:51.17 Acres
- Lot Features:Abuts Conservation, Level, Near Public Beach, Neighborhood, Rolling Slope, Rural, Wooded
Utilities
- Water:Well, Well Needed on Site
- Sewer:Septic Needed
Finances and disclosures
- Price:$1,875,000
- Tax amount:$5,039 (2026)
Parking
- Parking description:Gravel, On Site
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