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Bean Group
Offered at $399,000Active
beds
2
baths
1
sq ft
588
Built
1950

50 Lake Farm Circle

Jefferson, ME 04348

About this home

Enjoy seasonal living on beautiful Damariscotta Lake in Jefferson, Maine. Located in a cottage condominium community, this two-bedroom cottage is the closest to the beach and waterfront, offering easy access to all the lake has available. Completely taken back to the studs and renovated in 2018, the cottage features an open kitchen and living area, one full bath, and a glass-enclosed front sunroom added during the renovation. The cottage comes fully furnished and includes a yellow kayak conveniently located near the beach for easy access to the water. Damariscotta Lake stretches approximately 12 miles and offers excellent opportunities for fishing, boating, waterskiing, sailing, kayaking, and canoeing. Situated along Great Bay, a mile-and-a-half section of the lake, this property provides a wonderful setting to enjoy the water and surrounding natural beauty. With its open lawn, wooded backdrop, and close proximity to the beach, this cottage is ready to enjoy as your own seasonal getaway in Midcoast Maine.

Listing last checked: Listing updated:

Listed by Listing Agent · RE/MAX JARET & COHN · MLS #1684690

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Details at a glance

Interior5 property facts
Rooms
5
Heating
Electric, Heat Pump
Cooling
Heat Pump
Flooring
Wood
Fireplaces
0
Building4 property facts
Style
Single Family Residence
Year built
1950
Garage
0
Roof
Shingle
Land & utilities5 property facts
Lot size
0.01 acres
Water
Private, Well
Sewer
Private Sewer
Waterfront
Y
Zoning
Shoreland
Financial3 property facts
Annual taxes
$2,121
Assessment year
2025
HOA fee
$1,800 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $399,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,194 / monthAdjust
Principal & interest
$2,018
Property tax
$177
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,121. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $1,800. 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 50 Lake Farm Circle

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Request a tour of 50 Lake Farm Circle and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.