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Craig Priestly

craig@craigpriestlyrealestate.com +1(207) 387-5416

Listed by Duncan Smith EXP Realty

$2,650,000

Est. payment - /mo

6 Beds

4 Baths

4,500 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $588

MLS Listing ID 1654889

Bedrooms 6

Full Baths 2

Half Baths 2

HOA Y/N No

Year Built 1973

Tax Year 2025

Lot Size 13.100 Acres

Acres 13.1

Property Sub-Type Single Family Residence

Source Maine Listings

Land Area 4500

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

Location

State ME

County York

Zoning RA

Body of Water NorthEast Pond at Milton Three Ponds

Rooms

Other Rooms Outbuilding

Basement Interior, Walk-Out Access, Daylight, Unfinished

Interior

Heating Forced Air

Cooling Central Air

Flooring Wood, Carpet

Fireplaces Number 1

Furnishings Furnished

Fireplace Yes

Exterior

Parking Features 11 - 20 Spaces, Paved, On Site, Other, Off Street

Garage Spaces 4.0

Utilities Available Utilities On

View Scenic

Roof Type Shingle

Garage Yes

Building

Lot Description Well Landscaped, Rolling/Sloping, Level, Wooded, Rural

Foundation Concrete Perimeter, Slab

Water Private

Architectural Style Colonial

Others

Tax ID LBNN-000017U-000000-000001

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193 New Bridge RD Lebanon, ME 04027

Craig Priestly

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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193 New Bridge RD