
Residential Land for Sale in Lakeville Town, Maine
Cody Way, Lakeville Town, ME 04487
Dreaming of building your own private lakefront retreat? This rare opportunity on Keg Lake offers the perfect setting. Featuring a 1.9-acre peninsula lot with an impressive 770 ' of frontage along both Keg Lake and Keg Lake Stream, this property provides exceptional privacy and scenic water views in every direction. A solid gravel road and cul-de-sac are already in place, making access easy and convenient. The land is beautifully wooded with a mix of mature trees and striking natural features, including large glacial erratics scattered throughout the property and along the shoreline--adding character and a true Maine wilderness feel. Also included is an abutting 1.3-acre parcel with 211 ' of frontage on Keg Lake & 317' road fntg. This additional lot provides a valuable privacy buffer or the option to sell separately in the future (after July 1, 2026) without subdivision restrictions. It features towering trees and impressive glacial boulders, making it equally appealing for development or investment Keg Lake Stream connects to Bottle Lake Stream and flows into Junior Lake, offering miles of navigable water and access all the way to West Grand Lake by canoe or small boat, depending on water levels--perfect for exploring and outdoor recreation. Located just a half mile from power, this property offers a balance of seclusion and accessibility. Keg Lake itself spans 378 acres, with a warmwater fishery, an average depth of 14 feet, and a maximum depth of 40 feet. The surrounding area is rich with natural beauty, with over a dozen lakes within a five-mile radius. Nearby Springfield & Lee offer a few basic needs- while Lincoln (30 miles south) has full amenities, restaurants , a Wal-Mart & only 6 miles from I95.
Location
- Street address
- Cody Way
- County
- Penobscot County
- Elevation
- 316 feet
Property details
- Acreage
- 3.3 acres
- Zoning
- P-GP
- MLS #
- MREIS 1657137
- Posted
Property taxes
- 2025
- $794
Expenses
- Homeowner Association Fee
- $424 annually
Details and features
Listing
- Type
- Land
- Franchise
- Better Homes and Gardens Real Estate
Lot
- Waterfront
- Yes
- Features
- Rolling/ Sloping, Rural, Subdivided, Wooded
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 17, 2026 | New listing | $250,000 | — | MREIS |














































