193 New Bridge Road,Lebanon, ME 04027
Lebanon, ME 04027
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
Details
| MLS # | 1654889 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1973 |
| Days On Site | 187 |
| Listing Provided By | EXP Realty | Duncan Smith |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 4,500 |
| Garage | 4 |
| Basement | Y |
| Zoning | RA |
| Acreage | 13.10 |
| Water Front | NorthEast Pond at Milton Three P |
| Property View | Scenic |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplaces Total | 1 |
| Fireplace Yes / No | Yes |
| Furnished | Furnished |
| Rooms Total | 10 |
Exterior
| Roof | Shingle |
|---|---|
| Foundation Details | Poured Concrete |
| Lot Features | Rural, Level, Rolling Slope, Landscaped, Wooded |
| Waterfront Features | Boat Mooring, Boat Slip, Deeded, Dock, Lake/Fresh Water |
| View | Scenic |
| Construction Materials | Wood Frame, Clapboard |
| Exterior Co Exterior | Clapboard |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Paved, 11 - 20 Spaces, On Site, Other Parking, Off Street |
Utilities
| Sewer | Private Sewer |
|---|---|
| Electric | Circuit Breakers |
Taxes
| Tax Annual Amount | 13845 |
|---|---|
| Tax Book Number | 18555 |
| Tax Year | 2025 |
| Tax Block | 0 |
| Tax Lot | 001, 002, 038 |
| Tax Map Number | U17 |
Area Information
| State | ME |
|---|---|
| County | York |
| City | Lebanon |
| Zip Code | 04027 |
| Area | York |
| Listing VS Median (in 04027) | |
Price: $2,650,000 low | high Med: $423,000 sqft: 4,500 low | high Med: 1,368 $ / sqft: $589 low | high Med: $340 On site: 187 low | high Med: 99.5 | |
Market Activity 04027
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Learn More About This Property
| State | ME |
|---|---|
| County | York |
| City | Lebanon |
| Zip Code | 04027 |
| Area | York |
| Listing VS Median (in 04027) | |
Price: $2,650,000 low | high Med: $423,000 sqft: 4,500 low | high Med: 1,368 $ / sqft: $589 low | high Med: $340 On site: 187 low | high Med: 99.5 | |