207-778-2755Call Now272 Morrison Hill Rd, Farmington, ME

$3,900,000
MLS#: 1609318
  • Type: Land
  • Lot Size: 54.21 Acres

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Property Details

This is a rare opportunity to acquire 54 acres of prime, development-stage lakefront property with engineered lot layout, power infrastructure, and conceptual roadways already in place. Situated on the pristine shores of Lake Arrowhead in Waterboro, Maine, this property offers unmatched privacy, waterfront access, and long-term value in a high- demand region.  Flexible Deal Structures Available:  • Seller Financing Considered - terms negotiable with qualified parties  • Joint Ventures Welcome - collaborate on phased development or select lot release  • 1031 Exchange-Friendly - ideal for rollover investments seeking long-term gain deferment  • Equity Participation or Structured Exit Partnerships Available  • Subdivision build-out or infrastructure partnerships encouraged  Property Highlights:  • 50+ engineered 1-acre lots (not formally subdivided)  • 29 acres reserved open space bordering conservation land  • Three power access points including new service to waterfront  • Commercial-grade gravel roads ~50% complete  • Private coves, peninsula frontage, and planned trail access With strong demand for high-quality lakefront housing, this property presents an ideal opportunity for developers, family trusts, or institutional investors seeking secure land- backed returns. Flexible structure allows buyers to scale entry and align with their investment timeline.

Property Listed by: Keller Williams Realty

Land Features

Electric:
Circuit Breakers
Lot Size ±:
54.21
Road Frontage:
Private Road
Road Surface Type:
Dirt, Gravel
Sewer:
Septic Tank
Water Body:
Lake Arrowhead
Waterfront:
Yes
Waterfront:
Yes
Waterfront:
Yes
Waterfront:
Yes
Waterfront:
Yes
Waterfront:
Yes
Waterfront:
Yes
Waterfront:
Yes
Waterfront:
Yes
Waterfront:
Yes
Waterfront:
Yes
Waterfront:
Yes
Zoning:
Res

Map (approximate)

Realtor MLS

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate Information System, Inc. All Rights Reserved.