New

$2,650,000

For Sale

A day ago

193 New Bridge Road, Lebanon, ME

Name: 193 New Bridge Road, For Sale in Lebanon - eXp Realty
Brand: EXP REALTY
SKU: 1654889
Price: 2650000 USD

House

MLS® 1654889

6 Bed

4 Bath

3700 sqft

4 Parking

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 3700 sqft

Garage Yes

Taxes $13,845

Days Active 1

Lot Size 13.1 acres

Approx. Age 1973

Avg. Price Per Sqft $716

MLS® Number 1654889

Property Address: 193 New Bridge Road, Lebanon, ME, 04027

Average square foot calculated using Size range provided by listing agent.

Description

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

MLS® Number1654889

Laundry Level

Central VacNo

FireplaceNo

Acreage13.1

Exterior

GarageYes

Approx. Age1973

BasementInterior, Walk-Out Access, Daylight, Unfinished

Driveway11 - 20 Spaces, Paved, On Site, Other, Off Street

Garage Spaces4

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 20, 2026List Date

$2,650,000List Price

Commute

Commute

Starting Address

Destination Address

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