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.
Single-familyProperty Type
2004Year Built
2.3 acresLot Size
$522Est. Price/Sq.Ft.
5 spacesParking
Listed by Deborah Fox• Legacy Properties Sotheby's International Realty
Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
Window Features: Double-Pane Windows
Flooring: Wood, Tile
Other Equipment: Internet Access Available
Laundry Information
Laundry Features: 1st Floor Laundry, Main Level
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Building Information
Construction Materials: Wood Siding, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Metal, Shingle
Total Building Area (Sq. Ft.): 3,700
Exterior Features
Patio & Porch Features: Deck, Screened
Other Structures: Outbuilding
Property Information
Property Sub Type: Single Family Residence
Year Built: 2004
Above-Grade Finished Area (Sq. Ft.): 3,700
Lot Information
Lot Size (Sq. Ft.): $100,188
Lot Size (Acres): 2.3
Lot Size Source: Public Records
Lot Features: Open, Level, Near Public Beach, Near Shopping, Near Town
Road Frontage Type: Private Road
Zoning: Shoreland
Waterfront Information
Waterfront: Yes
Water Body Name: Damariscotta Lake
Water Body Type: Lake
Water View: Yes
Subdivision Information
Subdivision Name: Chimney Point Association
Financial
Tax Information
Annual Tax Amount: $11,177
Tax Year: 2023
Utilities
Utility Information
Has Heating
Heating: Zoned, Stove, Radiant, Baseboard
Has Cooling
Cooling: Wall/Window Unit(s)
Electric: Generator Hookup, Circuit Breakers
Sewer: Septic Tank, Private Sewer, Septic Design Available
Utilities: Utilities On
Utilities On: Yes
Water Source: Well, Private
Water Heater: Off Heating System
Location
HOA Information
Has Association
Association Fee: $475
Association Fee Frequency: Annually
Location Information
Unparsed Address: 307 Gates Road, Jefferson, ME 04348
Directions: Rt 215 right on RT 213 Bunker Hill Rd 6 miles right on to Gates Rd. Bear left to stay on Gates Rd all the way to the end of Gates Rd. See address sign for 307 (next to beige garage) on the right.
Public facts
Beds: —
Baths: —
Sq. Ft.: 0
Stories: —
Lot Size: 2.3 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Lincoln County
APN: M034L034
Home facts updated by county records on Jul 12, 2024
Around this home
Schools
Jefferson Village School
Public K-8 • Assigned • 4.0mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 90° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Jefferson, ME • 04348
Average low and high temperatures (°F)
28
12
32
12
43
26
53
36
65
46
76
55
80
61
79
57
73
51
61
42
48
32
34
17
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 7.9 hours in
June and 3.5 hours in December, placing it below the
U.S. average for solar exposure.
7.9 hrs
3.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.84M – $2.22M
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