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Bean Group
Offered at $1,949,000Active
beds
3
baths
3
sq ft
1,800
Built
1972

96 State Route 121

Otisfield, ME 04270

About this home

Don't miss this rare opportunity! Submit your offer by 11/19/2026. Pristine waterfront property on Beautiful Thompson Lake won't stay on the market for long! Live, work, and earn on the shores of beautiful Thompson Lake! Imagine waking up to breathtaking sunrises over the water, spending your days running your own waterfront business, and unwinding each evening with calm, relaxing lake views from your private deck. This rare opportunity offers 158 feet of privately owned waterfront, a beautifully renovated home, and multiple income-producing possibilities—all in one extraordinary property. The completely renovated 3-bedroom, 2.5-bath home combines modern comfort with lakeside charm. Stunning water views from the living room and primary bedroom create an inviting retreat, while sliding glass doors open to an oversized deck overlooking the lake. An additional 1,600 square feet in the basement offers exciting potential for expanded living space. Just steps away, The Outpost presents an exceptional turnkey business opportunity. This completely renovated waterfront store features a brand-new commercial kitchen, valid food and fuel licenses, and a modern Toast POS system, including a terminal, two kitchen display screens, a self-order kiosk, and two handheld devices. The store also includes a half bath. At the water's edge, an approved marine fuel station with its own dock welcomes boaters, while 15 boat slips offer additional income potential. Convenient customer docking makes grabbing food, refreshments, and supplies effortless for those enjoying the lake. The property also features an RV hookup and water hookups for added convenience. Whether you're an entrepreneur seeking a waterfront business, an investor exploring multiple revenue streams, or someone dreaming of a lifestyle where work feels like vacation, this property delivers an opportunity rarely found. More than real estate, this is your chance to own the lakefront lifestyle you've always imagined!

Listing last checked: Listing updated:

Listed by Listing Agent · Portside Real Estate Group · MLS #1685407

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Details at a glance

Interior5 property facts
Rooms
6
Heating
Oil, Forced Air, Heat Pump
Cooling
Heat Pump
Flooring
Laminate, Tile, Vinyl
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
1972
Garage
0
Foundation
Poured Concrete
Roof
Shingle
Land & utilities5 property facts
Lot size
0.68 acres
Water
Lake Drawn
Sewer
Private Sewer
Waterfront
Y
Zoning
Shoreland
Financial2 property facts
Annual taxes
$8,695
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $1,949,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$10,580 / monthAdjust
Principal & interest
$9,855
Property tax
$725
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $8,695. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

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 96 State Route 121

Can I request a private showing?

Request a tour of 96 State Route 121 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.