Welcome to year-round lakefront living on beautiful Upper Cold Stream Pond in Lincoln, Maine. Set on a surveyed 1.17± acre lot with approximately 176± feet of pristine waterfront, this spacious home has seen extensive improvements over the past five years, making it ready for its next owners to enjoy. Since 2021, the property has been thoughtfully upgraded with a drilled well, vinyl siding, a propane boiler for primary heat, updated kitchen appliances, a whole-house generator, six heat pumps for efficient year-round comfort, a new 4-bedroom leach field, a new septic pump, Anderson sliding patio doors and entry doors, an aluminum dock, and a premium boat lift with air lift and wheels. Structural improvements include a steel beam support and additional blown-in insulation for the bonus room above the garage. Recent interior updates include refreshed bathroom finishes along with new flooring and ceiling improvements in the kitchen and dining areas. The home's flexible floor plan offers generous living space with multiple bedrooms, bonus rooms, a large family room, and dedicated office or hobby space, making it ideal as a year-round residence, vacation retreat, or home for entertaining family and friends. Outside, enjoy expansive decks and a second-floor balcony overlooking the lake, providing the perfect setting for morning coffee or evening sunsets. Upper Cold Stream Pond is well known for its clean water and outstanding recreational opportunities, including boating, fishing, kayaking, swimming, and four-season enjoyment. If you've been searching for a move-in-ready waterfront property where the major investments have already been completed, this Upper Cold Stream Pond home deserves your attention.
Single-familyProperty Type
1974Year Built
1.17 acresLot Size
$178Price/Sq.Ft.
$46/moHOA Dues
3 garage spacesParking
Listed by Richard Theriault• Keller Williams Realty
Year round home for sale on Upper Cold Stream Pond in Lincoln, Maine! The first floor features a mud room, laundry/utility room, eat in kitchen, dining room, living room, half bathroom, and a bedroom. The second floor features a full bathroom, two bedrooms, a den, office, bonus room, a large family room. This home has power, generator hookup, private septic, lake drawn water (used year round), and year round access. The home sits on 1.17+/- surveyed acres with 176+/- feet of lakefront. The large deck and balcony face the lake. Enjoy all that Upper Cold Stream has to offer; fishing, boating, kayaking, and swimming.
MREIS #1316397
Jul 11, 2017
Listed
$360,000
$129/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,194 (+9.9%)
$138,000 + $390,400
$528,400
2024
$8,366 (+6.6%)
$105,800 + $300,300
$406,100
2023
$7,845 (+16.9%)
$74,000 + $231,000
$305,000
2022
$6,710 (+17.6%)
$74,000 + $231,000
$305,000
2021
$5,704 (−0.3%)
$74,000 + $231,000
$305,000
2020
$5,722 (−6.5%)
$72,400 + $192,500
$264,900
2019
$6,119 (+18.0%)
$72,400 + $192,500
$264,900
2018
$5,186 (+2.4%)
$56,200 + $168,300
$224,500
2017
$5,062 (+0.9%)
$56,200 + $168,300
$224,500
2016
$5,015 (+0.6%)
$56,200 + $168,300
$224,500
2015
$4,984 (−3.3%)
$56,200 + $168,300
$224,500
2013
$5,155
$56,200 + $168,300
$224,500
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
1.17 Acres
Year renovated
—
Finished Sq. Ft.
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Unfinished Sq. Ft.
—
Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Penobscot County
APN
367330
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 27, 2026.
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
1/10 Heat Factor
7 days above 90° expected this year, 15 days in 30 years
5/10 Wind Factor
23% 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
Lincoln, ME • 04457
Average low and high temperatures (°F)
25
8
30
8
42
22
52
33
66
44
77
54
83
61
83
54
75
50
60
40
44
31
30
13
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 308 Stanhope Mill Rd
$492,997
$6,003 under list price of $499K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $250K to $710K.