Waterfront
Listed By:
EXP Realty;
Address
193 New Bridge Road, Lebanon, ME
Price
$ 2,650,000
Property Attributes
  • MLS#1654889
  • TypeSingle Family
  • Listing Status Pending
  • CountyYork
  • CityLebanon
  • Zip04027
  • StyleColonial
  • Year Built1973
  • Taxes$ 13845
  • Price$ 2,650,000
  • Bedrooms6
  • Full Bathrooms2
  • Half Bathrooms2
  • Sqr Footage4500
  • Lot Size13.1 Acres
Data Source:
Maine Listings (MREIS)
Property Description

Set at the natural channel connecting Northeast Pond, Milton Depot Pond, and Town House Pond, New Bridge Marina is one of the most recognized waterfront operations on the Maine-New Hampshire line, and one of the rarest properties to come to market on the Milton Three Ponds system. Three distinct assets, one transaction: approximately 13 acres of waterfront land with 300+ feet of direct frontage; a six-bedroom, four-bath colonial with a granite kitchen, gas island cooktop, double wall ovens, 1933 brick fireplace, four-season sunroom, formal dining room, multiple living areas, rear entertaining deck, and a second-floor balcony looking directly over the marina and open water; a full-service marina business with 35+ slip rentals and an active waiting list. The Blue Canoe Café operates from its own purpose-built building -- fully equipped commercial kitchen, Gifford's Ice Cream, Atomic Coffee Roasters, and a canoe mounted on the roof peak that customers spot from the road. The marina runs a two-sided fuel dock, pontoon and fishing boat rentals, canoes, kayaks, and paddleboards with delivery to nearby lakes, mechanical repair, winterization, and dry storage. A brand-new steel service building with finished office and reception handles year-round operations. Picnic tables line the waterfront lawn. Slips are full every season. Milton Three Ponds spans over 1,200 acres and keeps a loyal, returning customer base coming back season after season. For qualified buyers, the detailed financials under NDA tell a compelling story. This operation has delivered strong, consistently growing returns for multiple consecutive years and pencils cleanly to a meaningful cap rate at the asking price -- a real, serious day-one income opportunity whether you plan to live on-site, install a manager, or use the residence as a high-end seasonal rental alongside the operation. Easy drive to York, Kennebunk, Ogunquit, and New Hampshire's lakes region. Properties like this do not come back to marke

General Features

Sewer Private Sewer
Zoning RA
Electric Circuit Breakers
Tax Year 2025
County York
Property Type Residential
HOA false
Status Pending
City Lebanon
Lot Size Units Acres
Lot Size Square Feet 570636
Tax Annual Amount 13845
Standard Status Pending
Tax Lot 001, 002, 038
View Scenic
Body of Water NorthEast Pond at Milton Three Ponds
Heating Oil,Forced Air
Cooling Central Air
Property Subtype Single Family Residence
Garage Y/N true
Land Lease Y/N false
Roof Shingle
Garage Spaces 4
Architectural Style Colonial
Construction Materials Wood Frame,Clapboard
Year Built 1973
Attached Garage false
Total Rooms 10
Full Baths 2
Other Structures Outbuilding

Interior Features

Total Baths 4
Air Conditioning Y/N true
Heating Y/N true
Basement Interior Entry,Walk-Out Access,Daylight,Unfinished,Slab
Flooring Carpet,Wood
Total Fireplaces 1
Fireplace Y/N true
Above Grade Finished Area 3700
Half Baths 2
Total Bedrooms 6
Below Grade Finished Area 800
Furnished Y/N Furnished

Exterior Features

Parking Features Paved,11 - 20 Spaces,On Site,Other Parking,Off Street
Lot Features Rural,Level,Rolling Slope,Landscaped,Wooded
Water Source Private
Lot Size Area 13.1
Lot Size Acres 13.1
Road Surface Type Paved
Lot Size Source Seller
Waterfront Y/N true
Building Area Total 4500
Foundation Details Poured Concrete

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 04027

Statistics provided by Inside Real Estate

Price
AVG $410K
$2.65M
Year Built
AVG 1975
1973

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