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.
Closed
$852,000
0 Sugar Cove Lane, Eastbrook, ME 04634
3beds
1,760sqft
Single Family Residence
Built in 2023
62.2 Acres Lot
$855,700 Zestimate®
$484/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 12, 2025 at 02:34pm
Listed by:
Acadia Cornerstone Real Estate, LLC
Bought with:
Pouliot Real Estate
Source: Maine Listings,MLS#: 1615272
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: First
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Kitchen
- Level: First
Living room
- Level: First
Heating
- Baseboard, Stove, Radiant
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Features
- 1st Floor Bedroom
- Flooring: Vinyl
- Has fireplace: No
Interior area
- Total structure area: 1,760
- Total interior livable area: 1,760 sqft
- Finished area above ground: 1,760
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 11 - 20 Spaces, On Site
Accessibility
- Accessibility features: Level Entry
Features
- Patio & porch: Porch
- Has view: Yes
- View description: Scenic, Trees/Woods
- Body of water: Molasses Pond -Pond front 622, Stream front- 3687
- Frontage length: Waterfrontage: 622,Waterfrontage Owned: 622
Lot
- Size: 62.20 Acres
- Features: Rural, Wooded
Details
- Zoning: Shoreland
- Other equipment: Generator, Internet Access Available
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod,Ranch
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 2023
Utilities & green energy
- Electric: On Site, Circuit Breakers
- Sewer: Private Sewer, Septic Design Available
- Water: Private, Well
Community & neighborhood
Location
- Region: Franklin
Other
Other facts
- Road surface type: Gravel, Dirt