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Offered at $549,000Active
beds
3
baths
2
sq ft
1,626
Built
2002

705 W Shore Road

Otis, ME 04605

About this home

Turnkey, furnished, active short term rental with 50 feet of frontage on a prime section of coveted Beech Hill Pond, with exceptional rental history. Designed for effortless lake living, the property appeals equally to investors seeking proven income and buyers looking for a private vacation or year-round escape. The open layout showcases captivating water views from every level, while the fully equipped kitchen and remodeled first floor bathroom bring comfort and convenience. A private drilled well provides reliable drinking water independent of the lake (uncommon in the area). Winding steps lead to a private dock and endless fun on the water, where summer and fall can be spent swimming, boating, fishing, and relaxing. The upper level of the home takes full advantage of the Pond's most expansive views. Come find yourself a waterfront lifestyle, and/or continue to run this property as a compelling investment opportunity.

Listing last checked: Listing updated:

Listed by Listing Agent · Lynam Real Estate Agency · MLS #1676449

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Details at a glance

Interior5 property facts
Rooms
6
Heating
Electric, Oil, Baseboard, Heat Pump, Hot Water, Zoned
Cooling
Heat Pump
Flooring
Laminate, Tile
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
2002
Garage
0
Foundation
Poured Concrete
Roof
Metal
Land & utilities5 property facts
Lot size
0.19 acres
Water
Private, Well
Sewer
Septic Tank
Waterfront
Y
Zoning
Res
Financial3 property facts
Annual taxes
$2,868
Assessment year
2026
HOA fee
$250 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $549,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,015 / monthAdjust
Principal & interest
$2,776
Property tax
$239
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,868. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $250. 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 705 W Shore Road

Can I request a private showing?

Request a tour of 705 W Shore Road 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.