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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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193 New Bridge Rd , Lebanon, ME 04027
$2,650,000
Est. Payment: $5,888.89/mo
6 Bed
4 Bath
4500 Sqft
Status: Pending | Days on site: 172
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2742 - 024408
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House Description

Set at the natural channel connecting Northeast Pond, Milton Depot Pond, and Town House Pond, New Bridge Marina is one of the most recognized waterfront operations on the Maine-New Hampshire line, and one of the rarest properties to come to market on the Milton Three Ponds system. Three distinct assets, one transaction: approximately 13 acres of waterfront land with 300+ feet of direct frontage; a six-bedroom, four-bath colonial with a granite kitchen, gas island cooktop, double wall ovens, 1933 brick fireplace, four-season sunroom, formal dining room, multiple living areas, rear entertaining deck, and a second-floor balcony looking directly over the marina and open water; a full-service marina business with 35+ slip rentals and an active waiting list. The Blue Canoe Café operates from its own purpose-built building -- fully equipped commercial kitchen, Gifford's Ice Cream, Atomic Coffee Roasters, and a canoe mounted on the roof peak that customers spot from the road. The marina runs a two-sided fuel dock, pontoon and fishing boat rentals, canoes, kayaks, and paddleboards with delivery to nearby lakes, mechanical repair, winterization, and dry storage. A brand-new steel service building with finished office and reception handles year-round operations. Picnic tables line the waterfront lawn. Slips are full every season. Milton Three Ponds spans over 1,200 acres and keeps a loyal, returning customer base coming back season after season. For qualified buyers, the detailed financials under NDA tell a compelling story. This operation has delivered strong, consistently growing returns for multiple consecutive years and pencils cleanly to a meaningful cap rate at the asking price -- a real, serious day-one income opportunity whether you plan to live on-site, install a manager, or use the residence as a high-end seasonal rental alongside the operation. Easy drive to York, Kennebunk, Ogunquit, and New Hampshire's lakes region. Properties like this do not come back to marke

Highlights

Listed by Duncan Smith , 207-289-9589 EXP Realty , 888-439-8743.

Property Type

Residential

Lot/Acreage
13.1

Year Built

1973

County

York

Listing ID

1654889

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:2
  • 1/2 Bathrooms:2
Air Cond:Central Air
Fireplaces:
Floor:Carpet,Wood
Above Ground Sq Ft:3700
Below Ground Sq Ft:800
Basement:Interior Entry,Walk-Out Access,Daylight,Unfinished,Slab
Water:Private

Exterior Features

Lot:Rural,Level,Rolling Slope,Landscaped,Wooded
Zoning:RA
Roof:Shingle
Others:
  • Additional:Boat Mooring, Boat Slip, Deeded, Dock, Lake/Fresh Water
Sewer:Private Sewer
Parking Features:Paved,11 - 20 Spaces,On Site,Other Parking,Off Street
Principal Interest
$5,889
Taxes
$1,154

Home Price

$2,650,000

Loan Details

30 yrs
%

Down Payment

20%
$530,000
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Monthly Price:
$5,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,888.89 $1,153.75 $0.00 $7,042.64
Yearly $70,666.67 $13,845.00 $0.00 $84,511.67
Total $2,120,000.00 $415,350.00 $0.00 $2,535,350.00

Today's Rates

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0%

20 Year

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Market insight data is pulled from the same city as the listing being viewed (Lebanon, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.