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  • $700,000

    48 Green Bay Road, Newfield, ME 04095

    5beds
    1,976sqft
    Single Family Residence
    Built in 1953
    0.26 Acres Lot
    $700,400 Zestimate®
    $354/sqft
    $3,312 Estimated rent

    Home value

    $700,400

    $630,000 - $777,000

    $3,312/mo

    Zestimate® history
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    What's special

    Discover the charm and tranquility of lakeside living with this rare opportunity to own two seasonal cottages perfectly situated on the scenic shores of Balch Lake in Newfield. This unique property provides the ideal setup for extended family, guests, or rental income, with each cottage providing its own private space and classic Maine camp charm. The main cottage features three comfortable bedrooms and one full bathroom, along with a warm and inviting open-concept living area. A large deck overlooks the water, making it the perfect spot to relax with a morning coffee or unwind after a day on the lake. Natural wood finishes and large windows bring in plenty of sunlight and offer beautiful views of the surrounding landscape. Just steps away, the second cottage offers two bedrooms and one full bathroom, creating an ideal guesthouse or rental opportunity. This cottage also includes its own cozy living area and a peaceful lakeside setting that makes it a quiet and private retreat. Outside, you'll find direct access to Balch Lake, known for its boating, fishing, and swimming. The property includes a private dock and a generous stretch of waterfront, as well as a firepit and outdoor gathering space perfect for summer evenings under the stars. Surrounded by trees and tucked away from the road, this is a true hidden gem where you can enjoy the beauty of Maine in every season. Located just two hours from Boston and within easy reach of Portland and Portsmouth, this is a rare chance to own a waterfront property with two cottages on one lot in a highly desirable area. Whether you're looking for a family camp compound, an income-generating investment, or your own peaceful getaway, this Balch Lake property provides endless potential!

    Zillow last checked: 8 hours ago

    Listing updated: October 14, 2025 at 01:41pm

    Listed by:

    Maine Real Estate Co

    Bought with:

    RE/MAX Realty One

    Source: Maine Listings,MLS#: 1628943MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: First
    Bedroom 1
    • Level: First
    Bedroom 2
    • Level: First
    Bedroom 3
    • Level: First
    Bedroom 4
    • Level: First
    Kitchen
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Living room
    • Level: First
    Heating
    • Direct Vent Heater
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
    Features
    • 1st Floor Bedroom, Storage
    • Flooring: Vinyl, Wood
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,976
    • Total interior livable area: 1,976 sqft
    • Finished area above ground: 1,976
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 1 - 4 Spaces
    Features
    • Patio & porch: Deck, Patio, Porch
    • Has view: Yes
    • View description: Scenic
    • Body of water: Balch Lake
    • Frontage length: Waterfrontage: 100,Waterfrontage Owned: 100
    Lot
    • Size: 0.26 Acres
    • Features: Neighborhood, Rural, Open Lot, Rolling Slope, Wooded
    Details
    • Zoning: Rural

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Wood Siding
    • Foundation: Pillar/Post/Pier
    • Roof: Shingle
    Condition
    • Year built: 1953

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Private Sewer
    • Water: Lake Drawn

    Community & neighborhood

    Location
    • Region: West Newfield
    • Subdivision: Shady Nook

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $350 annually

    Price history

    DateEventPrice
    8/29/2025Sold$700,000-11.9%$354/sqft
    Source: Maine Listings #1628943 Report a problem
    7/31/2025Pending sale$795,000$402/sqft
    Source: Maine Listings #1628943 Report a problem
    7/2/2025Listed for sale$795,000$402/sqft
    Source: Maine Listings #1628943 Report a problem
    7/2/2025Listing removed$795,000$402/sqft
    Source: Maine Listings #1613471 Report a problem
    6/22/2025Price change$795,000-6.5%$402/sqft
    Source: Maine Listings #1613471 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: West Newfield

    Nearby schools

    GreatSchools rating
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