307 Gates Road

Closed 10/18/24
Closed 10/18/24
307 Chimney Point, Jefferson, ME-9
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Last Sold Price
$2,000,000
4 beds3,700 sqft$541/sqft
307 Gates Rd, Jefferson, ME 04348

Description

This exquisite property on Damariscotta Lake boasts over 600 feet of pristine lake frontage. The main house, a spacious 3100 sq ft retreat, features include a wrap around deck and a great screened-in porch and offers picturesque water views from both. With 3-4 bedrooms and 3 full bathrooms, its open floor plan seamlessly integrates the kitchen, dining, and living areas—perfect for both entertaining and family gatherings. A first-floor bedroom provides direct access to the screened-in porch, enhancing...This exquisite property on Damariscotta Lake boasts over 600 feet of pristine lake frontage. The main house, a spacious 3100 sq ft retreat, features include a wrap around deck and a great screened-in porch and offers picturesque water views from both. With 3-4 bedrooms and 3 full bathrooms, its open floor plan seamlessly integrates the kitchen, dining, and living areas—perfect for both entertaining and family gatherings. A first-floor bedroom provides direct access to the screened-in porch, enhancing the serene lakeside experience. Almost every room in the house has a water view. Additionally, there is a charming separate cottage, completely renovated, offers 1-2 bedrooms, a kitchen, full bath, and a deck overlooking Damariscotta Lake which adds versatility and extra accommodation space. Experience the beauty of one of Maine's most sought-after lakes. The expansive water frontage provides ample opportunities for boating, fishing, and swimming, while the serene environment offers a peaceful escape from the hustle and bustle of daily life. This beautiful lakefront property on Damariscotta Lake is a rare find and a true gem. Whether you're seeking a year-round residence or a seasonal getaway, this home and its accompanying cottage offer the perfect blend of luxury and tranquility. Some Furnishings will be included, the property has been rented the last couple years seasonally. Rental income potential adds further appeal, making it not only a luxurious retreat for personal use but also a potentially lucrative investment opportunity.
LISTING CLOSED: 10/18/2024 12:00 AM

  1. Listed by Deborah Fox • Legacy Properties Sotheby's International Realty
    P: (207) 350-1474 C: (207) 350-1474 dfox@legacysir.com

Property Details for 307 Gates Road

Status
Closed
MLS #
1596667
Days on Market
46
Taxes
$11,177 / year
HOA Fees
$475 / year
Condo/Co-op Fees
-
Property Type
Single Family
MLS Type
Residential / Single Family Residence
Year Built
2004
Lot Size
2.30 AC / 100,188 SF
County
Lincoln County
Architectural Style
Shingle, Cottage
Style
Cottage, Shingle
Subdivision Name
Chimney Point Association
View
Scenic
Has Waterfront
Yes
Zoning
Shoreland

Recent comparable sales

Median sold price

$815,000

Avg days on market

67

Sale-to-list ratio

101.1%

Jefferson, ME

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Location

Listing Courtesy of Legacy Properties Sotheby's International Realty

Sold By Newcastle Realty

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Building Information for 307 Gates Road

Stories-Year Built2004Building Size-Lot Size2.30 AC / 100,188 SF

Payment Calculator

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$11,137 per month

30 year fixed, 6.55% Interest

Principal and Interest

$10,166

Property Taxes

$931

HOA Dues

$40

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Property Information for 307 Gates Road

Summary
Location and General Information
  • Water View: Yes
  • Location: Near Public Beach, Near Shopping, Near Town
  • Page: 292, 293
  • Zoning Overlay: No
  • Directions: Rt 215 right on RT 213 Bunker Hill Rd 6 miles right on to Gates Rd. Bear left to stay on Gates Rd all the way to the end of Gates Rd. See address sign for 307 (next to beige garage) on the right.
  • Latitude: 44.15032
  • Longitude: -$69.48
  • Transportation: Major Road Access
  • Water Frontage Owned: 600.0
  • Source of Water Frontage: Other
  • Waterfront Amount: $600.00
  • Waterfront Other Source: Previous Listing
  • Water Body Type: Lake
  • Water Body Name: Damariscotta Lake
Taxes and HOA
  • Association Fee: $475.00
  • Association: Yes
  • Parcel Number: JEFN-000034-000000-000034
  • Tax Lot: 34
  • Tax Book Number: 2889
  • Tax Map Number: 034
  • Tax Year: 2023
  • Association Fee Frequency: Annually
  • Tax Annual Amount: $11,177.00
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Paved
  • Parking: 5 - 10 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Virtual Tour
Property
Lot Information
  • Lot Features: Open, Level, Near Public Beach, Near Shopping, Near Town
  • Lot Size Acres: 2.3
  • Lot Size Area: 2.3
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 100188.0
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: true
  • Other Source of Square Footage: Matterport
  • Roads: Association, Private Road
  • Road Frontage Type: Private Road
  • Site: Level, Open
Property and Assessments
  • Above Grade Finished Area: 3700.0
  • Building Area Source: Other
  • Building Area Total: 3700.0
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Construction: Wood Frame
  • Year Built: 2004
Building Features
  • Foundation Details: Concrete Perimeter
  • Foundation Materials: Poured Concrete
  • Construction Materials: Wood Siding, Wood Frame
  • Other Structures: Outbuilding
  • Color: Taupe
Financial Information
  • List Price/SqFt: $540.54
Utilities
  • Heat Fuel: Oil, Wood
  • Electric: Generator Hookup, Circuit Breakers
  • Gas: Bottled
  • Recreational Water: Deeded, Dock, Lake/Fresh Water, Waterfront Deep
  • Sewer: Septic Tank, Private Sewer, Septic Design Available
  • Water Source: Well, Private
  • Water Heater: Off Heating System
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Wood Siding
  • Roof: Metal, Shingle
  • Window Features: Double Pane Windows
  • Window Features: Double Pane Windows
  • Driveway: Gravel, Paved
Interior Features
  • Amenities: 1st Floor Bedroom, Bathtub, Laundry - 1st Floor, One-Floor Living, Shower, Storage, Walk-in Closets, Primary Bedroom w/Bath
  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Appliances Included: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Bathrooms Full: 4
  • Bathrooms Total Decimal: 4.0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Equipment: Internet Access Available
  • Fireplaces Total: 1
  • Laundry Features: Laundry - 1st Floor, Main Level
  • Other Equipment: Internet Access Available
  • # Full Baths Level 1: 2
  • # Full Baths Level 2: 2
  • Rooms Total: 7
  • Basement: Interior, Walk-Out Access, Full
  • Basement: Walk-Out Access, Full
  • Basement Entry: Interior
  • Has Fireplace: Yes
  • Patio And Porch Features: Deck, Screened
  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Zoned, Stove, Radiant, Baseboard
  • Has Heating: Yes
  • Flooring: Wood, Tile
  • Interior Features: Walk-in Closets, 1st Floor Bedroom, Bathtub, One-Floor Living, Shower, Storage, Primary Bedroom w/Bath
Room Information
Bedroom 1
  • Bedroom 1: Bedroom 1
  • Bedroom 1 Length: 19.9
  • Bedroom 1 Level: First
  • Bedroom 1 Width: 12.2
  • Bedroom 1 Amenities: Closet
Bedroom 2
  • Bedroom 2: Bedroom 2
  • Bedroom 2 Length: 27.11
  • Bedroom 2 Level: Second
  • Bedroom 2 Width: 14.0
  • Bedroom Amenities 2: Full Bath, Walk-in Closet
Bedroom 3
  • Bedroom 3: Bedroom 3
  • Bedroom 3 Length: 17.8
  • Bedroom 3 Level: Second
  • Bedroom 3 Width: 13.5
  • Bedroom Amenities 3: Closet
Kitchen
  • Kitchen: Kitchen
  • Kitchen Length: 29.2
  • Kitchen Level: First
  • Kitchen Width: 13.1
  • Kitchen Amenities: Eat-in Kitchen, Pantry
  • Kitchen Countertop: Granite
Laundry
  • Laundry Room Amenities: Laundry - 1st Floor, Main Level
Living Room
  • Living Room: Living Room
  • Living Room Length: 27.1
  • Living Room Level: First
  • Living Room Width: 13.0
  • Living Room Amenities: Heat Stove, Wood Burning Fireplace
Other Room 1
  • Other Room 1: Other Room 1
  • Other Room 1 Length: 17.7
  • Other Room 1 Level: Second
  • Other Room 1 Width: 13.5
Sun Room
  • Sunroom: Sunroom
  • Sunroom Length: 26.3
  • Sunroom Level: First
  • Sunroom Width: 9.9
Rental
Rent Information
  • Land Lease: No

Property History for 307 Gates Road

DateEvent & SourcePriceAppreciation
Oct 18, 2024

Sold

Maine Listings #1596667

$2,000,000—
Jul 3, 2024

Listed (Active)

Maine Listings #1596667

$2,000,000—
Jul 30, 2002

Sold

Maine Listings #560679

$395,000—
DateEvent & SourcePrice
10/18/2024

Sold

Maine Listings #1596667

$2,000,000
07/03/2024

Listed (Active)

Maine Listings #1596667

$2,000,000
07/30/2002

Sold

Maine Listings #560679

$395,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 307 Gates Road

Taxable ValueLand$629,700Additions$358,200Total$987,900
Tax Record2025$14,572 ($1,214 / month)
Home Facts
Beds0Lot Size100,188 SqFtStyleSingle Family ResidenceCountyLINCOLNAPNJEFN M:034 L:034

Schools near 307 Gates Road

This home is within Jefferson Public Schools.
Rating
School
Type
Grades
Distance
Jefferson Village School
Public - K to 8
Rating
School
Distance
Jefferson Village School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 307 Gates Road, Jefferson, ME 04348
$2,000,000
4
3,700
100,188
288 Gates Road, Jefferson, ME 04348
$397,500
4
1,584
470,448
24 Lakeside Lane, Jefferson, ME 04348
–
–
–
–
104,544
13 Lakeside Lane, Jefferson, ME 04348
–
–
–
–
91,476
3 Lakeside Lane, Jefferson, ME 04348
$810,000
2
1,960
100,188
265 Gates Road, Jefferson, ME 04348
–
–
–
–
93,218

Explore Nearby Homes

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Listing Courtesy of Legacy Properties Sotheby's International Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.