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ResidentialSingle Family ResidenceMELebanon04027193 New Bridge Road, Lebanon, ME, 04027

193 New Bridge Road, Lebanon, ME, 04027

193 New Bridge Road, Lebanon, ME, 04027
6 beds
4 baths
$2,650,000
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Basics

  • Date added: Added 4 weeks ago
  • Category:
  • Type:
  • Status:
  • Bedrooms: 6
  • Bathrooms: 4
  • Lot size: 13.1 sq ft
  • Year built: 1973
  • Bathrooms Full: 2
  • Lot Size Acres: 13.1 acres
  • Rooms Total: 10
  • Zoning: RA
  • County: York
  • MLS ID: 1654889

Description

  • 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 market

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Location

  • View: Scenic

Building Details

  • Building Area Total: 4500 sq ft
  • Construction Materials: Clapboard, Wood Frame
  • Architectural Style: Colonial
  • Sewer: Private Sewer
  • Heating: Forced Air
  • Roof: Shingle
  • Foundation Details: Concrete Perimeter, Slab
  • Basement: , , ,

Amenities & Features

  • Electric: Circuit Breakers
  • Flooring: Wood, Carpet
  • Utilities: Utilities On
  • Parking Features: 11 - 20 Spaces, Paved, On Site, Other, Off Street
  • Garage Spaces: 4
  • WaterSource: Private
  • Lot Features: Well Landscaped, Rolling/Sloping, Level, Wooded, Rural
  • Fireplaces Total: 1
  • Cooling: Central Air

Miscellaneous

  • Road Surface Type: Paved

Courtesy of

  • List Office Name: EXP Realty

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Bangor, ME 04401
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