41,382 Lot Size0.95 Acres
46-86 Island Rd, Limerick, ME 04048
Est: $803/moGet pre-approved

Description

Imagine waking up every morning to peaceful lake views, the call of loons, and some of the best bass fishing Maine has to offer. This rare double lot is ready for your new home. It is located in the beautiful Lake Arrowhead community and is the perfect place to build the waterfront home you've always dreamed about. Whether you envision summer days boating and swimming, evenings around the fire pit, or simply enjoying the quiet beauty of your own private shoreline, this property gives you the freedom...Imagine waking up every morning to peaceful lake views, the call of loons, and some of the best bass fishing Maine has to offer. This rare double lot is ready for your new home. It is located in the beautiful Lake Arrowhead community and is the perfect place to build the waterfront home you've always dreamed about. Whether you envision summer days boating and swimming, evenings around the fire pit, or simply enjoying the quiet beauty of your own private shoreline, this property gives you the freedom to create your own piece of paradise.

Lake Arrowhead Community offers the best of both worlds--a vibrant community with private beaches, a boat launch, two community centers featuring indoor and outdoor pools, fitness equipment, and activities for all ages, or the option to simply retreat to your own waterfront oasis and enjoy the peace and privacy that lake life is all about. Opportunities like this don't come along often. Come see why so many people fall in love with life on Lake Arrowhead. Curious? Interested? Call today for more details or a private showing.
LISTING UPDATED: 08/10/2026 03:18 PM

Listing Agent

  1. Peggy Hill

    Peggy Hill

    Listing Agent

    Coldwell Banker Real Estate LLC

    P: (207) 423-4123

Property Details for 46-86 Island Road

Status
MLS #
1667893
Days on Market
54
Taxes
$1,125 / year
HOA Fees
$885 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Land
Year Built
-
Lot Size
0.95 AC
Has Waterfront
Yes
Waterfront Features
Deeded
Zoning
Shoreland

Location

Add your commute

Building Information for 46-86 Island Road

Lot Size0.95 AC

Payment Calculator

$803 per month

30 year fixed, 6.55% Interest

Principal and Interest

$635

Property Taxes

$94

HOA Dues

$74

The Payment Calculator is for illustrative purposes only.

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Property Information for 46-86 Island Road

Summary
Location and General Information
  • Water View: Yes
  • Page: 622
  • Zoning Overlay: Yes
  • Directions: Limerick to Island Road lot is on the corner. Sign on lot. Land goes from the road to the water.
  • Latitude: 43.66727
  • Longitude: -$70.75
  • Water Frontage Owned: 205.0
  • Source of Water Frontage: Public Records
  • Waterfront Amount: $205.00
  • Water Body Type: Lake
  • Water Body Name: Lake Arrowhead
Taxes and HOA
  • Association Fee: $885.00
  • Association: Yes
  • Tax Lot: 86
  • Tax Book Number: 19137
  • Tax Map Number: 46
  • Tax Year: 2025
  • Association Fee Frequency: Annually
  • Tax Annual Amount: $1,125.00
Parking
  • Parking Features: Gravel, No Driveway, 1 - 4 Spaces
Property
Lot Information
  • Lot Features: Neighborhood, Rural, Subdivided, Corner Lot, Wooded
  • Lot Size Acres: 0.95
  • Lot Size Area: 0.95
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 41382.0
  • Lot Size Units: Acres
  • Roads: Association
  • Tree Growth: false
Property and Assessments
  • Property Type: Land
  • Deed Restrictions: Yes
  • Restrictions: Other Restrictions
Financial Information
  • List Price/Acre: $131,578.95
Utilities
  • Electric: No Electric
  • Gas: No Gas
  • Sewer: Septic Needed
  • Water Source: Other
Mobile Home
Mobile Home Information
  • Mobile Homes Allowed: No
Rental
Rent Information
  • Pets Allowed: Other Restrictions

Property History for 46-86 Island Road

DateEvent & SourcePriceAppreciation
Jun 18, 2026

Listed (Active)

Maine Listings #1667893

$125,000
DateEvent & SourcePrice
06/18/2026

Listed (Active)

Maine Listings #1667893

$125,000

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

Schools near 46-86 Island Road

This home is within Regional School Unit 57 Msad 57.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Line Elementary School
PublicPK to 5

Massabesic Middle School
Public6 to 8

Massabesic High School
Public9 to 12

Waterboro Elementary School
PublicPK to 5

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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46-86 Island Road is a 0.95 ac of land for sale in Limerick, ME 04048. This property was listed for sale on June 18, 2026 by Coldwell Banker Real Estate LLC, it's currently listed at $125,000. This listing's school district is Regional School Unit 57 Msad 57. Nearby schools include Line Elementary School, Massabesic Middle School and Massabesic High School. 46-86 Island Road is a 0-bed, 0-bath, 0.95 ac of land on a 41,382 sq. ft. / 0.95 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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 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.