Rare opportunity to own a 2 acre legacy waterfront property with over 200 feet of owned frontage on highly sought-after Forest Lake. Tucked away in a peaceful ''no wake'' cove, this extraordinary property offers unmatched privacy, breathtaking west and southwest facing lake views, and stunning sunsets year-round. Just 20 minutes from Portland, the location also offers convenient access to I-95. Set on an exceptionally beautiful lot with granite ledges, mature trees, and a park-like setting, the property features a classic seasonal cottage. A private sandy beach with gradual walk-in access creates the perfect setting for swimming, boating, and lakeside gatherings, with multiple options for future dock placement. Forest Lake is known for its quiet, private feel with no public access, spanning 211 acres with approximately four miles of shoreline and excellent large and smallmouth bass fishing. The setting is equally appealing to nature lovers, with frequent sightings of loons, bald eagles, osprey, and other native wildlife, all surrounded by old-growth hemlocks, white pines, and oaks. The cottage is in need of significant renovation or replacement, offering a rare opportunity to restore, rebuild, or reimagine the property into a one-of-a-kind waterfront retreat. The property also includes a newly approved four-bedroom septic design ready for filing by the next owner, as well as a 1,200 square foot lakeside grand stone patio overlooking the water. A truly special offering where the value is in the land, the setting, and the opportunity to create something exceptional on one of the area's most treasured lakes. Also listed as land MLS# 1666795.
Single-familyProperty Type
1955Year Built
2.11 acresLot Size
$360Price/Sq.Ft.
$13/moHOA Dues
2 garage spacesParking
Listed by John Mullen• Vitalius Real Estate Group, LLC
Bought with Megan Fortin• Fontaine Family-The Real Estate Leader
Est. $2,679 per month, based on comparable rentals
Sale and tax history for 23 Old Rd
Sale History
Tax History
Date
Event
Price
MREIS #1666795
Jul 27, 2026
Sold
$630,000
$360/sq ft
Jun 11, 2026
Listed
$630,000
$360/sq ft
MREIS #1667266
Jun 15, 2026
Listed
$630,000
$360/sq ft
MREIS #1534566
Jun 29, 2022
Sold
$595,000
$340/sq ft
Rare opportunity to own a private 3 acre parcel with a gorgeous sandy beach with westerly views and beautiful sunsets on the highly coveted Forest Lake. Tucked in a protected sandy cove with a gradual entry this is one of the finest beaches on the lake. Given the size of the parcel, one enjoys total serenity and privacy from the abutting properties. This is a very special find! Although there is a nice gradual entry, one can install a dock to accommodate an inboard or outboard motorized vessel. The property also offers a home in need of major repairs, a septic system, and a well. The home has been evaluated and can be renovated if one so desires. Located with minutes to shopping, restaurants, and just 20 minutes to the Portland, this is an ideal location for one seeking a second home or a year round home.
Year
Property tax
Land + Additions
Assessment*
2025
$5,391 (−0.2%)
$467,000 + $89,900
$556,900
2024
$5,402 (−23.3%)
$467,000 + $89,900
$556,900
2023
$7,042 (+8.8%)
$309,800 + $154,100
$463,900
2022
$6,471 (−1.4%)
$309,800 + $154,100
$463,900
2021
$6,566 (−1.0%)
$309,800 + $139,600
$449,400
2020
$6,629
$309,800 + $139,600
$449,400
2019
$6,629 (+5.4%)
$309,800 + $139,600
$449,400
2018
$6,292 (+34.0%)
$309,800 + $139,600
$449,400
2017
$4,695 (−1.4%)
$175,500 + $84,600
$260,100
2016
$4,760 (+0.5%)
$175,500 + $84,600
$260,100
2015
$4,734
$175,500 + $84,600
$260,100
2014
$4,734 (+14.8%)
$175,500 + $84,600
$260,100
2012
$4,123
$175,500 + $84,611
$260,111
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
3 Acres
Year renovated
—
Sq. Ft.
1,750
Year built
1955
Style
Single Family Residential
County
Cumberland County
APN
18055
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
L
Lake District
The Lake District contains the watershed areas of Gray???s lakes, exclusive of the land within the boundaries of the Shoreland Zoning Districts. It is the intent of this district to help protect the sensitive lake watershed areas and to contribute to the protection of surface water quality by limiting the density of development.
Permitted uses
Include but are not limited to:
Livestock production
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Office-Other
Educational / school
Property details
Parking
Parking Information
Has Garage
# of Garage Spaces: 2
Parking Features: Paved, 5 - 10 Spaces, On Site, Detached