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$2,000,000
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Property Description
This exquisite property on Damariscotta Lake boasts over 600 feet of pristine lake frontage. The main house, a spacious 3100 sq ft retreat, features include a wrap around deck and a great screened-in porch and offers picturesque water views from both. With 3-4 bedrooms and 3 full bathrooms, its open floor plan seamlessly integrates the kitchen, dining, and living areas-perfect for both entertaining and family gatherings. A first-floor bedroom provides direct access to the screened-in porch, enhancing the serene lakeside experience. Almost every room in the house has a water view. Additionally, there is a charming separate cottage, completely renovated, offers 1-2 bedrooms, a kitchen, full bath, and a deck overlooking Damariscotta Lake which adds versatility and extra accommodation space. Experience the beauty of one of Maine's most sought-after lakes. The expansive water frontage provides ample opportunities for boating, fishing, and swimming, while the serene environment offers a peaceful escape from the hustle and bustle of daily life. This beautiful lakefront property on Damariscotta Lake is a rare find and a true gem. Whether you're seeking a year-round residence or a seasonal getaway, this home and its accompanying cottage offer the perfect blend of luxury and tranquility. Some Furnishings will be included, the property has been rented the last couple years seasonally. Rental income potential adds further appeal, making it not only a luxurious retreat for personal use but also a potentially lucrative investment opportunity.
Full Property Details
Full Property Details for 307 Gates Rd
General
- Sold For: $2,000,000
- HOA FEE: $40/month
- HOA FEE FREQ.: Annually
- Taxes: $11,177 (2023)
- Status: Closed
- Type: Single Family
- Source: MREIS
- MLS ID: 1596667
- Added to Site: 186 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Walk-in Closets, 1st Floor Bedroom, Bathtub, One-Floor Living, Shower, Storage, Primary Bedroom w/Bath
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry - 1st Floor, Main Level
Exterior
- Porch/Patio/Deck: Deck, Screened
Parking
- Parking Features: 5 - 10 Spaces, Gravel, Paved
Location
- County: Lincoln
- Subdivision: Chimney Point Association
Community
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Air Conditioning Units, Multi Units
- Heating Type: Stove, Radiant, Multi-Zone, Baseboard
Utilities
- Sewer: Private Sewer, Septic Design Available, Septic System Exists
- Water: Private, Well
- Well: Yes
- Utility Description: Utilities On
Structural Information
- Architectural Style: Cottage, Shingle Style
- Construction: Wood Siding, Wood Frame
- Roof: Metal, Shingle
- Building Size: 3700
- Square Feet: 3,700
- Sq. Ft. Source: Other
- Living Area: 3,700 Sq. Ft.
- Finished Total: 3,700 Sq. Ft.
- Finished Above Grnd: 3,700 Sq. Ft.
- Year Built: 2004
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Property View: Scenic
- Lot Size (Acres): 2.3
- Lot Size (Sq. Ft.): 100,188
- Lot Size Source: Public Records
- Street/Road Desc.: Private
- Zoning: Shoreland
- Lot Description: Level, Open Lot, Near Public Beach, Near Shopping, Near Town
Water Features
- Water Front: Yes
- Water Front Desc.: Lake
- Lake Front: Yes
Green Features
- Energy Efficient: Double Pane Windows
Financial Considerations
- Association Fee: $475
- Assoc Fee Freq.: Annually
- Tax Amount: $11,177
- Tax Year: 2023
Disclosures and Reports
- Lot Number: 34
Listed by Legacy Properties Sotheby's International Realty (207) 563-2775
Sold by Newcastle Realty (207) 563-1003
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Schools
Schools serving 307 Gates Rd
School District:Jefferson School Department
Rating | Name | Grades | Distance |
---|---|---|---|
48 Washington Rd, Jefferson, ME 04348 | K-8 | 4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 307 Gates Rd
Date
Details
Price
Change
Source
10/18/2024
Sold
$2,000,000
—
MLS
7/12/2024
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
307 Gates Road, Jefferson, ME 04348 (MLS# 1596667) is a Single Family property that was sold at $2,000,000 on October 18, 2024. Want to learn more about 307 Gates Road? Do you have questions about finding other Single Family real estate for sale in Jefferson? You can browse all Jefferson real estate or contact a Coldwell Banker agent to request more information.