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Maine Lakefront, Water Featured Real Estate Properties Are Not Just To Dream About.

By
Real Estate Agent with MOOERS REALTY ME Broker License 106759

    

Maine waterfront, something on a lake, stream, pond real estate to enjoy vacations, outdoor recreation on..something that is seemingly a pipe dream, far far away and not in your property grasp to own?

drews lake maine Not so. Like a starter home or your first car (mine was an incredible ugly orange and white 1975 Ford Pinto) you can start out without a fat wallet to plop down at the Maine real estate closing.

     A few acres that border a stream and that is handy to five lakes surrounding it is private but fun at the same time. Any lake over 20 acres in Maine is suppose to have a public access and the larger lakes, ponds, rivers have concrete ramped boat launch areas too. Most with parking lots for your car and trailer. So you locate a Maine parcel of land for under $10,000 in northern Maine, like this 3.3 acres on the Prestile Stream for $7900. (Here's the ME property propaganda.) Power, road frontage, place cleared to build and a snowsled ITS / ATV right by it. How can you get hurt?

     Build a small log camp that is made locally by two very large well know cedar log cabin / home makers, Ward and Katahdin and you are way with in your recreation budget. Flip it, make a profit and work your way up to the lake front cottage where you enjoy a second cup of hot coffee watching the sun rise, the ducks wack wack wacking by at 5 am. Or Maine oceanfront, we just had two homes in Northport Maine listed that went under contract and one of those Jack and Jills could be put to work and in the rental pool. The same folks rent every year rent and you don't end up having to advertise either. If the credit score is 725 or higher..over the 800 mark, and with a security deposit, you are not apt to have a misstep, take a wrong property turn.

    

On many Maine lakes, river, ocean front or pond waterfront properties we have been spoiled for years with front row seating.

It never nickel and dimed us or was pricey because it was plentiful, not in short supply and Maine is off the beaten path, keeping it that way. Affordable. We were able to just park on the water's edge. Not seven camps back with a right of way to the waterfront properties you currency, money, can not even see. You hear jet skis and hear kids splashing so you're pretty sure there is waterfront somewhere out front a ways, for sure you think.

     The second tier on a large lake like Grand, Maine's third largest that goes in to Canada in Orient, Weston, Danforth and Forest City has started to see this trend. If you can not afford the $300 to $500 per front lake foot on Grand Lake, consider a bigger lot on the other side of the road bordering that camp parked on water's edge.

     Many times you are up higher as you move back from the lake that is the area low point, why it is where it is due to drainage, soils, springs, inlets. And you are not looking at the back of the camp in front of you.

     Many of those grandfathered in camps, built years ago by Maine families lucky enough to have secured a lot for $300 which was considered big money back in the late 1950's. When that was the going rate, the property price tag amount at the time for a ME lakefront building lot.

     Often times you had to be a goat to make something out of a marginal lot that nearly meant a bungee cord was needed to get down and back from the shoreline on that shorefront to find a property you could afford. Consider purchasing, buying a back lot that has a foot path to the water's edge where you have a dock out as long as you pay the private road lake association fee to access it. You will have all the joys of being on the water..a lake, river, pond or even Maine ocean with more space to move around and less restrictive building requirements as shoreland zoning constraints are seriously removed after you get 250' or more back from that precious Maine waterfront resource. Maine, there's only one. Own some of it on the water.

I'm Maine Real Estate Broker, Andrew Mooers, REALTOR

Comments (5)

Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Andrew

Looks like Maine has affordable dreams.

Good luck and success.

Lou Ludwig

Mar 31, 2010 04:09 AM
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

You make me want to visit Maine, asap.    Really nice post!     (P.S.   I have been to Nova Scotia, Cabot Trail, Lunenberg, etc.    Is Maine like this at all???).

Mar 31, 2010 04:16 AM
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Halifax with 300,000 people is nice as a sea coast town and Prince Edward Island is gorgeous in the summer, easly fall too!

Mar 31, 2010 04:51 AM
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Halifax with 300,000 people is nice as a sea coast town and Prince Edward Island is gorgeous in the summer, easly fall too!

Mar 31, 2010 04:51 AM
Ann Dail
Baton Rouge Area Homes, Louisiana, USA, 225-761-0551 - Baton Rouge, LA
Broker/Realtor,CRS, ePRO, SRS, B.A.Chem

Nice way to promote lot and land sales.  Great pictures that make you want to pull up a trailer and relax.

Mar 31, 2010 07:02 AM