Rare opportunity for affordable waterfront living! This 2BR, 1BA Ranch Home sits at the water's edge and offers an open-concept main living area with cathedral ceilings and expansive windows overlooking the lake. A large deck extends right to the shoreline, perfect for relaxing or entering with beautiful views.
The home includes a detached 1-car garage with additional storage and potential to finish the second floor for more living space. Set on over 1/4 acre, the property has a drilled well and a modern septic system. Used seasonally by the current owners, it was a year-round residence for prior owners and is ready for your vision and updates to restore it to its full potential. A rare chance to own a waterfront home at an affordable price -- bring your stain brush, hammer, and creativity to make this lakefront gem shine. Being sold As Is won't qualify for 2st time buyer program
Closed
$232,500
83 Milts Way, Lincoln, ME 04457
2beds
1,054sqft
Single Family Residence
Built in 1961
0.29 Acres Lot
$239,300 Zestimate®
$221/sqft
$1,740 Estimated rent
Home value
$239,300
$175,000 - $328,000
$1,740/mo
Zestimate® history
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Owner options
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$1,740/mo
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Rent Zestimate®
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$1,620/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: October 29, 2025 at 12:03pm
Listed by:
Realty of Maine
Bought with:
NextHome Experience
Source: Maine Listings,MLS#: 1629634
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Laundry
- Level: First
Living room
- Level: First
Heating
- Direct Vent Heater, Wood Stove
Cooling
- None
Appliances
- Included: Electric Range, Refrigerator
Features
- 1st Floor Bedroom, Bathtub, One-Floor Living, Shower
- Flooring: Carpet, Vinyl
- Windows: Double Pane Windows
- Basement: Interior Entry,Dirt Floor,Full,Partial,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,054
- Total interior livable area: 1,054 sqft
- Finished area above ground: 1,054
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Common, Gravel, 1 - 4 Spaces, Garage Door Opener, Detached
- Garage spaces: 1
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Scenic
- Body of water: Little Narrows Upper Cold Stream Pond
- Frontage length: Waterfrontage: 100,Waterfrontage Owned: 100
Lot
- Size: 0.29 Acres
- Features: Rural, Level
Details
- Parcel number: LNCNM116L028
- Zoning: Residential
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Camp,Cottage,Ranch
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1961
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Private, Well
Green energy
- Energy efficient items: Ceiling Fans
Community & neighborhood
Location
- Region: Lincoln
- Subdivision: Little Narrows Road Association
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $125 annually
Other
Other facts
- Road surface type: Gravel, Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2025 | Sold | $232,500-10.6%$221/sqft |
Source:  Maine Listings #1629634 Report a problem | ||
| 9/23/2025 | Pending sale | $260,000$247/sqft |
Source: Maine Listings #1629634 Report a problem | ||
| 9/18/2025 | Contingent | $260,000$247/sqft |
Source: Maine Listings #1629634 Report a problem | ||
| 9/17/2025 | Price change | $260,000-3.7%$247/sqft |
Source: Maine Listings #1629634 Report a problem | ||
| 9/15/2025 | Price change | $269,900-1%$256/sqft |
Source: Maine Listings #1629634 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,141 +7.1% | $201,000 +33.7% |
| 2023 | $3,866 +16.9% | $150,300 |
| 2022 | $3,307 +17.6% | $150,300 |
Find assessor info on the county website
Neighborhood: 04457
Nearby schools
GreatSchools rating
- 6/10Mattanawcook Jr High SchoolGrades: 4-8Distance: 4.5 mi
- 2/10Mattanawcook AcademyGrades: 9-12Distance: 5.3 mi
- 4/10Ella P Burr SchoolGrades: PK-3Distance: 5.2 mi
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- Maine
- Penobscot County
- Lincoln
- 04457
- 83 Milts Way