Skip to main contentSkip to navigation
1 / 95

Land with Home for Sale in Lebanon, Maine

193 New Bridge Rd, Lebanon, ME 04027

$2,650,000
13.1 acres
Active sale
ago
Est $14,705/mo

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

4,500
Sq feet
6
Beds
2
Full baths
2
1/2 baths
1973
Built

Location

Street address
193 New Bridge Rd
Elevation
431 feet
Coordinates
43.4348, -70.9661

Property details

Acreage
13.1 acres
Zoning
RA
MLS #
MREIS 1654889
Posted

Parcels

  • LBNN-000017U-000000-000001

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Waterfront
Yes
Features
Level, Rolling/ Sloping, Rural, Well Landscaped, Wooded

Exterior

Parking
Off Street
Structures
Outbuilding

Structure

Style
Colonial
Basement
Daylight, Unfinished, Walk-Out Access
Water
Private
Sewer
Private Sewer
Heating
Forced Air
Cooling
Central Air
Materials
Clapboard, Wood Frame
Roof
Shingle

Interior

Room Count
10
Rooms
Basement, Bathroom x 4, Bedroom x 6, Den, Dining Room
Flooring
Carpet, Wood

Listing history

DateEventPriceChangeSource
Apr 17, 2026New listing$2,650,000MREIS
Subscribe to listing updates

Payment calculator

This 13.1-acre property is located at 193 New Bridge Rd in Lebanon, ME 04027. The property is available for sale for $2,650,000. It has a 4,500 sq ft 6 bedroom, 2 bath house built in 1973.

Checked 2 hours ago — Updated

Report listing issue

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact