147 Park Lane, China, ME, 04358 | $849,000

Discover the perfect lakefront retreat on the shores of picturesque Three Mile Pond, featuring 100 feet of pristine waterfront. This property offers the ideal balance of tranquility and convenience, making it a fantastic choice for a year-round residence, a relaxing getaway, or a lucrative investment.

With numerous modern updates, this home seamlessly blends comfort with stunning natural surroundings. Vaulted ceilings fill the space with natural light, while the open-concept kitchen and two cozy wood stoves create a warm, inviting atmosphere. The first-floor primary suite allows for easy single-level living, and recent upgrades—including brand-new Anderson sliding glass doors (with a transferable 20-year warranty), a new hot water heater, heat pumps in every room, a generator hookup, and a new electrical panel—ensure long-term peace of mind. The property also features a drilled well, a well-maintained septic system, and a spacious three-car garage with additional storage above.

Step outside onto the expansive wraparound deck or unwind in the hot tub while soaking in breathtaking lake views. Three Mile Pond offers year-round activities, from swimming, kayaking, and motorboating in the summer to ice fishing and snowmobiling in the winter. With direct access to well-maintained snowmobile trails through the Snowmobile Association, adventure is always at your doorstep.

Located just 15 minutes from Augusta, Waterville, and Colby College—with easy access to I-95—this home is not only a peaceful escape but also an outstanding income opportunity. With a proven Airbnb track record generating $65, 000-$70, 000 annually (rented only 100 days per year) and accommodations for up to 18 guests, it's a rare find for both investors and homeowners alike.

Please Note: Currently used as a vacation rental. No drive-bys, please.

Features

  • Amenities: Walk-in Closets, Furniture Included, 1st Floor Primary Bedroom w/Bath, Bathtub, Storage
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Style: Contemporary, Cape
  • Year Built: 1984
  • Garage: 3-car
  • Heating: Stove, Hot Water, Heat Pump, Baseboard
  • Cooling: Heat Pump
  • Basement: Walk-Out Access, Daylight, Finished, Full, Interior Entry
  • Approx Sq. Feet: 2,179
  • Acreage: 0.63
  • Est. Taxes: $3,717
  • HOA Fee: $250 Annually
  • Lot Desc: Rolling Slope, Landscaped, Wooded, Rural
  • View: Scenic, Trees/Woods
  • Water Front: Yes
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • MLS#: 1613485
  • Website: https://www.raveis.com
    /prop/1613485/147parklane_china_me?source=qrflyer
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