307 Gates Rd
Closed 10/18/24
Closed 10/18/24
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.
- Listed by Deborah Fox • Legacy Properties Sotheby's International Realty
Property Details for 307 Gates Road
Waterfront
Yes
Waterfront FeaturesLake
ArchitecturalStyleCottage, Shingle Style
Garage Spaces.00
GarageNo
ZoningShoreland
ViewScenic
Subdivision NameChimney Point Association
LISTING UPDATED: 01/18/2025 10:12 PM
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 |
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
$11,042 per month
30 year fixed, 6.46% Interest
Principal and Interest
$10,071
Property Taxes
$931
HOA Dues
$40
The Payment Calculator is for illustrative purposes only.
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1Property Information for 307 Gates Road
Summary
Location and General Information
- Water Body Name: Damariscotta Lake
- Zip Code: 3486
- 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.
- Town: Jefferson
- State/Province: ME
- Zip Code: 04348
- County: Lincoln
- Geo Latitude: 44.15032
- Geo Longitude: -69.483727
- Road Frontage Type: Private
- Tax Lot: 34
- Site:Level: Yes
- Site:Open: Yes
- Location:Near Public Beach: Yes
- Location:Near Shopping: Yes
- Location:Near Town: Yes
- Transportation:Major Road Access: Yes
- Water Info:Waterfront Amount +: 600.00
- Water Info:Water Frontage Owned: 600.00
- Water Info:Water Frontage Shared: .00
- Source of Water Frontage:Other: Yes
- Source of Water Frontage:Waterfront Other Source: Previous Listing
- Recreational Water:Deeded: Yes
- Recreational Water:Dock: Yes
- Recreational Water:Lake/Fresh Water: Yes
- Recreational Water:Waterfront Deep: Yes
- Construction: Wood Frame
- Water View2: Yes
Parking
- Parking Features: 5 - 10 Spaces, Gravel, Paved
- Attached Garage: No
- Parking: 5 - 10 Spaces
Taxes and HOA Information
- Tax Book Number: 2889
- Tax Map Number: 034
- Tax Year: 2023
- Parcel Number: JEFN-000034-000000-000034
- Location Information:Association Y/N: Yes
- Tax Annual Amount: $11,177.00
Virtual Tour
- Virtual Tour URLUnbranded: https://my.matterport.com/show/?m=3FFremTVGzU
Property
Green Features
- Energy Efficiency:Double Pane Windows: Yes
- Energy Efficiency: Double Pane Windows
- HERS Certified: Unknown
Heating and Cooling
- Water Heater:Off Heating System: Yes
- Heat Fuel: Oil, Wood2
- Heat System: Baseboard, Multi-Zones, Radiant, Stove
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 3700.0
- Lot Size Acres: 2.3
- Source of Acreage: Public Records
- Building Area Total: 3700.0
- Lot Size Area: 2.3
- Lot Size Units: Acres
- Lot Size Square Feet: 100188.0
- Bedrooms Total: 4
- Bathrooms Full: 4
- Bathrooms Half: 0
- Street Number: 307
- Property Information:Surveyed: Unknown
- Property Information:Seasonal: No
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Deed: All
- Property Information:Deed Restrictions: Unknown
- Property Information:2 Detached Houses on 1 Lot: Yes
- Property Information:# Rooms: 7.00
- Property Information:Total Half Baths: .00
- Property Information:Color: Taupe
- Property Information:# Full Baths Basement: .00
- Property Information:# Half Baths Basement: .00
- Property Information:# Full Baths Level 1: 2.00
- Property Information:# Half Baths Level 1: .00
- Property Information:# Full Baths Level 2: 2.00
- Property Information:Other Source of Square Footage: Matterport
- Property Information:# Half Baths Level 2: .00
- Property Information:# Full Baths Level 3: .00
- Property Information:# Half Baths Level 3: .00
- Property Information:# Full Baths Upper: .00
- Property Information:# Half Baths Upper: .00
Parking
- Driveway:Gravel: Yes
- Driveway:Paved: Yes
- Driveway: Gravel, Paved2
Property and Assessments
- Leased Land: No
- Property Type: Residential,Single Family Residence
- Property Type Label: Residential
- Property Sub-Type: Single Family Residence
- Building Area Source: Other
- Year Built: 2004
Utilities
- Electric: Generator Hookup, Circuit Breakers
- Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
- Water Source: Private, Well
- Appliances Included:Dishwasher: Yes
- Appliances Included:Dryer: Yes
- Appliances Included:Gas Range: Yes
- Appliances Included:Microwave: Yes
- Appliances Included:Refrigerator: Yes
- Appliances Included:Washer: Yes
- Utilities:Utilities On: Yes
- Gas:Bottled: Yes
- Water Heater: Off Heating System
- Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
- Equipment: Internet Access Available
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Siding, Wood Frame
- # Fireplaces: 1
- Fireplace: Yes
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Metal, Shingle
- Other Structures: Outbuilding
- Patio and Porch Features:Deck: Yes
- Patio and Porch Features:Porch-Screened: Yes
- Vehicle Storage: No Vehicle Storage
- Patio and Porch Features: Deck, Porch-Screened
- Basement Entry: Interior, Walk-Out
Interior Features
- Basement: Full, Walkout Access
- Interior Features: Walk-in Closets, 1st Floor Bedroom, Bathtub, One-Floor Living, Shower, Storage, Primary Bedroom w/Bath
- Cooling: A/C Units, Multi Units
- Heating: Stove, Radiant, Multi-Zones, Baseboard
- Foundation Details: Concrete Perimeter
- Laundry Features: Laundry - 1st Floor, Main Level
- Room Total: 7
- Bathrooms Total (Integer): 4
- Bathrooms Total (Decimal): 4.00
- Bathrooms Total (Notational): 4.00
- Cooling YN: Yes
- Heating YN: Yes
- Kitchen Countertop:Granite: Yes
- Amenities: 1st Floor Bedroom, Bathtub, Laundry - 1st Floor, One-Floor Living, Primary Bedroom wBath, Shower, Storage, Walk-in Closets
- Kitchen Amenities: Eat-in Kitchen, Pantry2
- Living Room Amenities: Heat Stove5, Wood Burning Fireplace14
- Kitchen Countertop: Granite
Room Information
Room 1
- Room Type: Bedroom 1
- Room Length: 19.9
- Room Width: 12.2
- Room Level: First
Room 2
- Room Type: Kitchen
- Room Length: 29.2
- Room Width: 13.1
- Room Level: First
- Bedroom Amenities 2: Full Bath2, Walk-in Closet2
Room 3
- Room Type: Living Room
- Room Length: 27.1
- Room Width: 13.0
- Room Level: First
- Bedroom Amenities 3: Closet3
Room 4
- Room Type: Sunroom
- Room Length: 26.3
- Room Width: 9.9
- Room Level: First
Room 5
- Room Type: Bedroom 2
- Room Length: 27.11
- Room Width: 14.0
- Room Level: Second
Room 6
- Room Type: Bedroom 3
- Room Length: 17.8
- Room Width: 13.5
- Room Level: Second
Room 7
- Room Type: Other Room
- Room Length: 17.7
- Room Width: 13.5
- Room Level: Second
Property History for 307 Gates Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 18, 2024 | Sold Maine Listings #1596667 | $2,000,000 | — |
| Aug 27, 2024 | Active Under Contract Maine Listings #1596667 | — | |
| Jul 3, 2024 | Listed (Active) Maine Listings #1596667 | $2,000,000 | — |
| Jul 30, 2002 | Sold Maine Listings #560679 | $395,000 | — |
| Jun 24, 2002 | Pending Maine Listings #560679 | — | |
| Jun 3, 2002 | Active Under Contract Maine Listings #560679 | — | |
| May 22, 2002 | Listed (Active) Maine Listings #560679 | $410,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/18/2024 | Sold Maine Listings #1596667 | $2,000,000 |
| 08/27/2024 | Active Under Contract Maine Listings #1596667 | — |
| 07/03/2024 | Listed (Active) Maine Listings #1596667 | $2,000,000 |
| 07/30/2002 | Sold Maine Listings #560679 | $395,000 |
| 06/24/2002 | Pending Maine Listings #560679 | — |
| 06/03/2002 | Active Under Contract Maine Listings #560679 | — |
| 05/22/2002 | Listed (Active) Maine Listings #560679 | $410,000 |
For completeness, Compass 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 |
|---|---|---|---|---|
| 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.
