An extraordinary lakefront retreat where nature, privacy, and timeless Maine elegance converge. Enveloped by mature forest and overlooking the shimmering waters of Damariscotta Lake, this singular property offers a true escape from the everyday.
Set on five secluded acres with an impressive 444 feet of pristine shoreline, the original lakeside cottage exudes warmth and character, anchored by a striking stone fireplace and thoughtfully designed living spaces. With three bedrooms and one-and-a-half baths, the home offers an intimate yet refined retreat perfectly suited for all seasons.
Complementing the main residence is a beautifully finished two-car garage with first-floor laundry and a light-filled apartment above - featuring two additional bedrooms, a full kitchen and bath, and two loft spaces - ideal for hosting guests, extended family, or creating a private hideaway within the estate.
Life here unfolds at an unhurried pace. Spend sun-drenched afternoons on the deck, linger on the dock, or enjoy swimming, kayaking, and fishing on one of Maine's most coveted lakes. With end-of-the-road privacy and just five miles from the Twin Villages of Damariscotta and Newcastle, refined dining, cultural offerings, and boutique shopping are close at hand - yet feel worlds away.
Active
$1,450,000
175 Milliken Island Road, Newcastle, ME 04553
5beds
2,400sqft
Est.:
Single Family Residence
Built in 1947
5 Acres Lot
$-- Zestimate®
$604/sqft
$-- HOA
What's special
Striking stone fireplaceLakefront retreatFive secluded acresThoughtfully designed living spacesBeautifully finished two-car garageEnveloped by mature forestLight-filled apartment above
- 1 day |
- 908 |
- 50 |
Zillow last checked: 8 hours ago
Listing updated: January 19, 2026 at 12:25pm
Listed by:
Legacy Properties Sotheby's International Realty
Source: Maine Listings,MLS#: 1649678
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Closet, Full Bath
- Level: First
- Area: 183.54 Square Feet
- Dimensions: 16.1 x 11.4
Bedroom 1
- Level: First
- Width: 6.3 Feet
Bedroom 2
- Level: First
Bedroom 3
- Level: Second
Dining room
- Level: First
Family room
- Features: Built-in Features, Sunken/Raised, Wood Burning Fireplace
- Level: First
Kitchen
- Features: Breakfast Nook
- Level: First
Living room
- Level: First
Loft
- Features: Sleeping
- Level: Second
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Carpet, Vinyl, Wood
- Basement: Interior Entry
- Number of fireplaces: 1
- Furnished: Yes
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
- Finished area above ground: 2,400
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Has view: Yes
- View description: Scenic
- Body of water: Damariscotta Lake
- Frontage length: Waterfrontage: 444,Waterfrontage Owned: 444
Lot
- Size: 5 Acres
Details
- Parcel number: NEWCM009L028
- Zoning: shoreland
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Roof: Shingle
Condition
- Year built: 1947
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Tank
- Water: Private, Well
Community & HOA
Community
- Subdivision: Miilken Island Road Assoc.
Location
- Region: Newcastle
Financial & listing details
- Price per square foot: $604/sqft
- Tax assessed value: $602,000
- Annual tax amount: $11,453
- Date on market: 1/19/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2019 | Sold | $650,000-7%$271/sqft |
Source:  Maine Listings #1417190 Report a problem | ||
| 7/26/2019 | Price change | $699,000-3.6%$291/sqft |
Source: Newcastle Realty #1417190 Report a problem | ||
| 5/31/2019 | Listed for sale | $725,000$302/sqft |
Source: Newcastle Realty #1417190 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,632 | $602,000 |
| 2023 | $9,632 +0.6% | $602,000 |
| 2022 | $9,572 +3.9% | $602,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,255/mo
Principal & interest
$5623
Property taxes
$1124
Home insurance
$508
Climate risks
Neighborhood: 04553
Nearby schools
GreatSchools rating
- 8/10Great Salt Bay Community SchoolGrades: K-8Distance: 2.7 mi
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