About this home
Custom-built and elegantly positioned on the coveted western shore of Damariscotta Lake in Jefferson's desirable Narrows, this exceptional lakefront residence features 4 bedrooms and 3.5 baths with refined indoor-outdoor living. A gracious front porch, expansive south-facing waterside deck, and patio capture the property's stunning setting. The main level showcases an open-concept design, seamlessly blending a well-appointed kitchen, dining area, and living space, where a stone fireplace creates a warm focal point for everyday living and entertaining. The first floor also offers radiant floor heat for year-round comfort. The 1st floor primary bedroom suite enjoys tranquil water views, direct deck access, wood floors, a generous walk-in closet, and private full bath. Upstairs, a spacious family room and large bedroom with walk-in closet and full bath are complemented by sweeping lake views, along with a large unfinished space ready for customization; the second floor is heated with HWBB. The lower level provides flexible guest accommodations with two bedrooms, a full bath, kitchenette, and large living area with propane heat stove, well-suited for guests or extended family. A large laundry room provides ample storage and convenience. The home is equipped with a backup generator for added peace of mind. Set on 1.85± landscaped acres, the property includes a dock system with ladder, attached two-car garage, and detached two-car garage. Damariscotta Lake spans 14+/- miles w/ depths exceeding 100 feet, prized for clear water, recreation, and excellent fishing. The Narrows provides a quieter shoreline ideal for swimming, boating, and paddling, with abundant wildlife. Conveniently located near Camp Kieve, Wavus Camp, and Lincoln Academy. A rare opportunity to experience classic Maine lakefront living at its finest.
Listing last checked: Listing updated:
Listed by Listing Agent · Better Homes & Gardens Real Estate/The Masiello Group · MLS #1663462
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Details at a glance
Interior5 property facts
- Rooms
- 11
- Heating
- Oil, Propane, Wood, Baseboard, Hot Water, Other, Radiant
- Cooling
- None
- Flooring
- Laminate, Tile, Wood
- Fireplaces
- 1
Building5 property facts
- Style
- Single Family Residence
- Year built
- 2004
- Garage
- 4
- Foundation
- Poured Concrete
- Roof
- Metal
Land & utilities5 property facts
- Lot size
- 1.85 acres
- Water
- Private, Well
- Sewer
- Private Sewer, Septic Tank
- Waterfront
- Y
- Zoning
- 14 SL - LR
Financial3 property facts
- Annual taxes
- $15,036
- Assessment year
- 2025
- HOA fee
- $575 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $1,699,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$9,844 / monthAdjust
- Principal & interest
- $8,591
- Property tax
- $1,253
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $15,036. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $575. The billing period was not supplied; confirm the monthly amount before adding it.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 299 Gates Road
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