0 Sugar Cove Lane, Eastbrook, ME, 04634 | $995,000
MOTIVATED SELLER: Investment Opportunity: 62-Acre Waterfront Development on Molasses Pond, Eastbrook, Maine. This prime property offers significant development potential on a serene, pristine lake. The offering includes: -A 2023-built, 3-bedroom, 2-bath year-round home (94 Sugar Cove) with radiant and electric heat, full generator, fiber optic internet, and RV hookup. -One waterfront lot (384 ft frontage) with approved septic design. -Four expansive stream-front lots (6-10 acres) with power, fiber optic connections, and deeded water access. -Four additional lots (5-6 acres) with deeded access to Molasses Pond, power, and fiber optic connections. One cleared lot with walk-out basement potential, ready for construction. The existing home features an open floor plan, hickory cabinets, butcher block countertops, and stunning lake views. Additional amenities include a covered porch, fire pit with boulder backdrop, and high-bush blueberries. This property facilitates phased development and individual lot sales, maximizing ROI.
Features
- Property Type: Investment
- Construction: Vinyl Siding, Wood Frame
- Parking: 11 - 20 Spaces, On Site
- Heating: Stove, Radiant, Baseboard
- Cooling: None
- Zoning: Shoreland
- Year Built: 2023
- Approx Sq. Feet: 1,760
- Acreage: 62.2
- Est. Taxes: $3,798
- Lot Desc: Rural
- Water Front: Yes
- MLS#: 1615275
- Website: https://www.raveis.com
/prop/1615275/0sugarcovelane_eastbrook_me?source=qrflyer
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