Land with Home for Sale in Waltham, Maine

90 Blue Jay Lane, Waltham, ME (Private lane -- not on Google Maps yet. Contact me for directions.) Custom built in 2023, this lakefront estate sits at the end of a private road on 3.68 acres with 485 feet of owned frontage on Graham Lake -- one of Maine's largest bodies of water at nearly 8,000 acres -- with conservation land behind ensuring permanent privacy and an unchanged horizon. Inside, the architecture commands attention: soaring cathedral ceilings, a floor-to-ceiling stone fireplace, and a two-story window wall framing the lake and treeline. The kitchen is built for serious use -- professional-grade range, custom cabinetry, Silestone quartz, walk-in pantry, and an oversized island. The primary suite offers lake views, a radiant-heated bath with walk-in rain shower, and a walk-in closet. One additional en-suite bedroom, laundry room, and oversized two-car garage complete the main level. Upstairs, a bedroom, full bath, flexible office and lounge -- easily a fourth bedroom -- create a self-contained upper level ideal for guests, extended stays, or maximizing rental occupancy. The covered stone terrace with fireplace opens to unobstructed lake views -- a place to unwind and listen to the loons on early summer mornings. A wooded path leads to your private shoreline on a lake known for smallmouth bass, pickerel, and year-round fishing. With minimal marketing, this property generated over 70,000 in short-term rental income across just 10 stays in 2025, averaging 900 per night. The income is documented. The upside is real. To assemble this -- the waterfront acreage, permitting, construction, and finishes -- at this price point today is not realistic. This is a completed, proven asset. 15 min to Ellsworth. 30 min to Hancock County-Bar Harbor Airport. 40 min to Acadia and Bar Harbor. 50 min from Bangor International Airport. Ready to see it? Let's go!