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Rare Investment Opportunity in the Desirable Belgrade Lakes Region This exceptional one of a kind property offers endless potential for investors, developers, or anyone looking to capitalize on Maine's thriving lakeside market. Situated on 6 quiet acres with 531 feet of private frontage on pristine Salmon Lake, this is a rare chance to own a truly versatile asset in Central Maine. The property features a beautifully maintained 7-bedroom, 3-bathroom main house that blends modern updates with charming original character. Just a short walk from the main home is a fully equipped lodge complete with a commercial kitchen and large dining room area, perfect for hosting events, retreats, or group rentals. Near the water's edge, you'll find 11 cozy cottages, each with its own unique character. Six of these cottages include two bedrooms and a full bathroom, while the remaining five offer one bedroom and a full bathroom. This layout provides flexibility for short term or long term rentals, vacation stays, or family getaways. Guests will love the wide range of activities available right on the property: Swimming, boating, kayaking, canoeing, and world class fishing for largemouth and smallmouth bass. The level waterfront also features a small beach area, perfect for relaxing by the water, grilling, hosting picnics, or enjoying evening bonfires. Whether you're seeking an income-generating investment property, a family compound, or a retreat destination, this property checks every box. With 6 acres of space, 531 feet of private waterfront, and 11 rental-ready cottages, the potential for rental income, events, and seasonal stays is substantial. The location is ideal! Just minutes from hiking trails, golf courses, and all the beauty of the Belgrade Lakes. Conveniently situated 15 minutes from Waterville, 20 minutes from Augusta, and just over an hour from Portland, this is a Central Maine investment gem waiting to be discovered. NO PULL INS.APPOINTMENT REQUIRED.
Property Type(s):
Commercial
| Last Updated | 5/25/2025 | Year Built | 1898 |
|---|---|---|---|
| County | Kennebec |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Full, Walk-Out Access, Yes |
| CONSTRUCTION | Vinyl Siding, Wood Siding |
| GARAGE | Yes |
| HEAT | Forced Air, Other |
| LOT | 5.62 acre(s) |
| LOT DESCRIPTION | Waterfront |
| MLS STATUS | Active |
| PARKING | Off Street |
| SEWER | Private Sewer |
| STORIES | 1 |
| TAXES | 11902 |
| WATER | Private |
Listing provided by Real Broker, 207-314-8443
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2025 Onboard Informatics. Information deemed reliable but not guaranteed.
Mortgage Calculator provided by Diverse Solutions © 2025
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2025.
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