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Bean Group
Offered at $619,000Pending
beds
3
baths
2
sq ft
1,504
Built
1999

70 Rainbow Road

Shapleigh, ME 04076

About this home

Set on 10 private acres surrounded by Nature Conservancy land, this beautifully maintained post and beam home presents a rare opportunity to create your own peaceful Maine retreat, with waterfront on Pine Springs Lake. Warmth and craftsmanship are showcased throughout, with a striking stone fireplace anchoring the main living area. The first floor features two bedrooms, full bath with jetted tub, and heat pump for heating and cooling. The upper half-story includes another bedroom, full bath, and open loft--a wonderful vantage point for stargazing. The walk-out basement provides flexible space with a sauna, entertainment bar, and room for recreation or hobbies. Brand-new decks extend the living space outdoors. Additional features include oil and wood furnaces, whole-house generator, and an attached two-bay garage with workshop space. A trail winds around the rear of the property beside protected Nature Conservancy land, where wild blueberries, the scent of mature pine forest, and the calls of loons create a true Maine experience. The surrounding habitat is home to a variety of wildlife and rare species. The water frontage spans approximately 1,100 feet along Pine Springs Lake, including a private peninsula. The waterfront is accessed from the homesite by a path that will need to be completed in accordance with shoreland zoning requirements, creating the opportunity for access to the water for kayaking, swimming, or simply enjoying the lakefront setting. The property also includes deeded access to the nearby Pine Springs Lake community beach, an easy walk or golf cart ride away. Private roads throughout the community provide another way to explore the neighborhood by golf cart or ATV. For those seeking privacy, waterfront possibilities, and a close connection to the Maine woods, this one-of-a-kind property is an extraordinary retreat.

Listing last checked: Listing updated:

Listed by Listing Agent · Locations Real Estate Group LLC · MLS #1676958

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Details at a glance

Interior5 property facts
Rooms
6
Heating
Electric, Oil, Wood, Baseboard, Heat Pump, Hot Water, Wood Stove
Cooling
Heat Pump
Flooring
Carpet, Vinyl, Wood
Fireplaces
1
Building5 property facts
Style
Single Family Residence
Year built
1999
Garage
2
Foundation
Poured Concrete
Roof
Metal
Land & utilities5 property facts
Lot size
9.5 acres
Water
Other
Sewer
Septic Tank
Waterfront
Y
Zoning
Shoreland
Financial3 property facts
Annual taxes
$5,875
Assessment year
2025
HOA fee
$140 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $619,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,620 / monthAdjust
Principal & interest
$3,130
Property tax
$490
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $5,875. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $140. 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 70 Rainbow Road

Can I request a private showing?

Request a tour of 70 Rainbow 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.