$2,650,000
Beds: 6
Baths: 2 full, 2 half
Sqft: 4,500
Sqft lot: 570,636
Acre lot: 13.10
43 Days On Market

Courtesy of EXP Realty 888-439-8743

Status: Active
Property Type: Single Family Residence
Year Built: 1973
Days On Website: 43

Property Details for 193 New Bridge Road, Lebanon, ME 04027

Set at the natural channel connecting Northeast Pond, Milton Depot Pond, and Town House Pond, New Bridge Marina is one of the most recognized waterfront operations on the Maine-New Hampshire line, and one of the rarest properties to come to market on the Milton Three Ponds system. Three distinct assets, one transaction: approximately 13 acres of waterfront land with 300+ feet of direct frontage; a six-bedroom, four-bath colonial with a granite kitchen, gas island cooktop, double wall ovens, 1933 brick fireplace, four-season sunroom, formal dining room, multiple living areas, rear entertaining deck, and a second-floor balcony looking directly over the marina and open water; a full-service marina business with 35+ slip rentals and an active waiting list. The Blue Canoe Café operates from its own purpose-built building -- fully equipped commercial kitchen, Gifford's Ice Cream, Atomic Coffee Roasters, and a canoe mounted on the roof peak that customers spot from the road. The marina runs a two-sided fuel dock, pontoon and fishing boat rentals, canoes, kayaks, and paddleboards with delivery to nearby lakes, mechanical repair, winterization, and dry storage. A brand-new steel service building with finished office and reception handles year-round operations. Picnic tables line the waterfront lawn. Slips are full every season. Milton Three Ponds spans over 1,200 acres and keeps a loyal, returning customer base coming back season after season. For qualified buyers, the detailed financials under NDA tell a compelling story. This operation has delivered strong, consistently growing returns for multiple consecutive years and pencils cleanly to a meaningful cap rate at the asking price -- a real, serious day-one income opportunity whether you plan to live on-site, install a manager, or use the residence as a high-end seasonal rental alongside the operation. Easy drive to York, Kennebunk, Ogunquit, and New Hampshire's lakes region. Properties like this do not come back to market

Property Access

  • Road Surface Type: "Paved"

Basement

  • Basement: "Interior", "Walk-Out Access", "Daylight", "Unfinished"

Bathrooms

  • 2 full bathrooms
  • 2 half bathrooms
  • 4 total bathrooms

Bedrooms

  • 6 total bedrooms

Building

  • Architectural Style: "Colonial"
  • Building Area Source: Public Records
  • Building Area Total: 4,500
  • Construction Materials: "Clapboard", "Wood Frame"
  • Year Built: 1973

Cooling

  • Cooling Included
  • Cooling: "Central Air"

Fireplaces

  • Building includes fireplace
  • 1 total fireplace

Floors

  • Flooring: "Wood", "Carpet"

Foundation

  • Foundation Details: "Concrete Perimeter", "Slab"

Garage

  • Garage Included
  • 4 garage spaces

Water Features

  • Water Body Name: NorthEast Pond at Milton Three Ponds
  • Waterfront Property

Heating

  • Heating: "Forced Air"
  • Heating Included

Listing

  • Contract Status Change Date: 2026-03-20
  • Listing Agreement: Exclusive Right To Sell
  • Listing Contract Date: 2026-03-16
  • Listing Id: 1654889
  • Mls Status: Active
  • Modification Timestamp: 2026-03-20 18:35:54
  • On Market Date: 2026-03-20
  • Original Entry Timestamp: 2026-03-20 18:26:58
  • Original List Price: $2,650,000
  • Standard Status: Active
  • Status Change Timestamp: 2026-03-20 18:26:58
  • 43 days on market

Location

  • City: Lebanon
  • State Or Province: ME
  • County Or Parish: York
  • Postal Code: 04027

Lot

  • Features: "Well Landscaped", "Rolling/Sloping", "Level", "Wooded", "Rural"
  • 13.1 acres
  • Area: 13.1
  • 570,636 square feet

Parking

  • Features: "11 - 20 Spaces", "Paved", "On Site", "Other", "Off Street"

Property

  • Other Structures: "Outbuilding"
  • Parcel Number: LBNN-000017U-000000-000001
  • Property Sub Type: Single Family Residence
  • View: "Scenic"
  • Zoning: RA

Roof

  • Roof: "Shingle"

Additional Rooms

  • Rooms Total: 10

Sewer

  • Sewer: "Private Sewer"

Taxes

  • Annual Amount: $13,845
  • Tax Lot: 001, 002, 038

Utilities

  • Electric: "Circuit Breakers"
  • Water Source: "Private"

Map View


$2,650,000 - 193 New Bridge Road, Lebanon, ME 04027

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193 New Bridge Road
Lebanon, ME 04027
City: Lebanon