Welcome to your lakeside retreat! Nestled on the serene shores of beautiful Bear Pond in Waterford, Maine, this cozy year-round home offers the perfect balance of rustic charm and modern comfort. Built in 1940, this well-maintained 3-bedroom, 1-bathroom home boasts 161 feet of owned water frontage and stunning views from nearly every room. Step out onto the spacious porch and take in the tranquil sounds of nature—loons and ducks frequently visit this quiet end of Bear Pond. Whether you're sipping coffee at sunrise or unwinding by the fire pit in the evening, every day feels like a getaway. Inside, you'll find a warm and inviting living room with a functional fireplace and beautiful new windows overlooking the water. The full kitchen offers everything you need for comfortable living, and the bathroom is a true standout—featuring a skylight and a custom-tiled shower adorned with artistic trout and fly-fishing inlays. Outdoor enthusiasts will love the private swimming dock with a sandy bottom and deep water off the end—perfect for summer dips or launching a kayak. The property also includes a detached 1-car garage, basement storage, a hammock for lazy afternoons, and fantastic fishing right off your shoreline. Cast for Landlocked Salmon, Trout, Bass, Salmon and more! Bear Pond also offers excellent ice fishing throughout the winter months, making this a true year-round escape.
Single-familyProperty Type
1940Year Built
0.25 acresLot Size
$483Est. Price/Sq.Ft.
1 car garageParking
Listed by Patrick Matheson• Four Points Real Estate, LLC
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Earn from this home
Sell
$103,355
Est. take-home
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Rent
$1,602/mo
Redfin rental estimate
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Market trends in 04088, ME
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
98.3%
0.9% MoM
Median sale price
$395K
$16K MoM
Avg. days on market
44d
31 days MoM
Recently sold homes
6
3 MoM
Provided by Redfin
Sale history for 318 Waterford Rd
Date
Event
Price
MREIS #1623470
Sep 9, 2025
Sold
$505,000
$458/sq ft
Jul 2, 2025
Price Changed
$512,000
$464/sq ft
Jun 12, 2025
Price Changed
$525,000
$476/sq ft
May 21, 2025
Listed
$550,000
$499/sq ft
MREIS #1585044
Jun 12, 2024
Sold
$470,000
$426/sq ft
Mar 27, 2024
Listed
$485,000
$440/sq ft
+78
We sincerely apologize for the impromptu two feet of snow in late March. However, this is a year-round cottage, and you might have missed the beauty of this fantastic snowfall if we had waited for it to melt. By the time you book your showing, the snow will likely be gone. This is a 3-bedroom year-round 1940s cottage-style getaway with 161 feet of waterfront. Located at the water's edge, this extraordinary retreat is ready to provide the backdrop for your vacation memories or year-round lake living! Improvements include a new deck, doors, first-floor windows, granite counters, and more. (See website for a complete list. ) The 1940's style garage has two levels. The lover level offers ample storage for seasonal water toys, kayaks, canoes, etc. The upper level can be used as a traditional garage or storage or would make a fantastic summer room by adding windows on the lakeside. This property has a very stable Airbnb rental history. Waterford Road is a picturesque, narrow, century-old road that hugs the shoreline. It offers beautiful views of granite cliffs on one side and Bear Pond on the other. The town of Harrison is only a six-minute drive. There, you will find the public boat launch for Long Lake and the public boat launch for Crystal Lake. In addition, there is a huge sandy beach and park, restaurants, a market, a gas station, and a marina. The town of Bridgton is a quick twelve-minute drive, and you will find absolutely anything there that you might be looking for. Pleasant Mountain and Sunday River ski resorts are both twenty minutes away! Whatever your interest, come and swim, kayak, fish, hike, ski, hunt, or read while feeling the breeze off the water. Experience your daytime activities and then share your adventures in the evening by the fireplace. Book your showing today!
MREIS #1577596
Dec 30, 2023
Price Changed
$495,000
$449/sq ft
Nov 16, 2023
Listed
$515,000
$467/sq ft
MREIS #1523520
Apr 4, 2022
Listed
$449,900
$408/sq ft
MREIS #1252648
Aug 18, 2016
Sold
$135,000
$122/sq ft
May 26, 2016
Price Changed
$150,000
$136/sq ft
Apr 20, 2016
Price Changed
$225,000
$204/sq ft
Mar 2, 2016
Listed
$250,000
$227/sq ft
Year
Property tax
Land + Additions
Assessment*
2017
$2,157 (−0.3%)
$102,450 + $38,985
$141,435
2016
$2,164 (+0.7%)
$102,450 + $38,985
$141,435
2015
$2,150 (+6.3%)
$102,450 + $38,985
$141,435
2014
$2,023
$102,450 + $38,985
$141,435
2013
$2,023
$102,450 + $38,985
$141,435
Tax history for 318 Waterford Rd
Year
Property tax
Land + Additions
Assessment*
2017
$2,157 (−0.3%)
$102,450 + $38,985
$141,435
2016
$2,164 (+0.7%)
$102,450 + $38,985
$141,435
2015
$2,150 (+6.3%)
$102,450 + $38,985
$141,435
2014
$2,023
$102,450 + $38,985
$141,435
2013
$2,023
$102,450 + $38,985
$141,435
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
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Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
8,712 Sq. Ft.
Year renovated
—
Sq. Ft.
0
Year built
—
Style
Single Family Residential
County
Oxford County
APN
M25L29
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Aug 15, 2019.
Property details
Parking
Parking Information
Has Garage
# of Garage Spaces: 1
Parking Features: 1 - 4 Spaces, Gravel, On Site, Detached