318 Waterford Road
Waterford, ME 04088
Map
- 3 beds
- 1 bath
- 1,103 sqft
- 8,712 sqft lot
- $475 per sqft
- 1940 build
- – on site
Welcome to your lakeside retreat! Nestled on the serene shores of beautiful Bear Pond in Waterford, Maine, this cozy year-round home offers the perfect balance of rustic charm and modern comfort. Built in 1940, this well-maintained 3-bedroom, 1-bathroom home boasts 161 feet of owned water frontage and stunning views from nearly every room. Step out onto the spacious porch and take in the tranquil sounds of nature—loons and ducks frequently visit this quiet end of Bear Pond. Whether you're sipping coffee at sunrise or unwinding by the fire pit in the evening, every day feels like a getaway. Inside, you'll find a warm and inviting living room with a functional fireplace and beautiful new windows overlooking the water. The full kitchen offers everything you need for comfortable living, and the bathroom is a true standout—featuring a skylight and a custom-tiled shower adorned with artistic trout and fly-fishing inlays. Outdoor enthusiasts will love the private swimming dock with a sandy bottom and deep water off the end—perfect for summer dips or launching a kayak. The property also includes a detached 1-car garage, basement storage, a hammock for lazy afternoons, and fantastic fishing right off your shoreline. Cast for Landlocked Salmon, Trout, Bass, Salmon and more! Bear Pond also offers excellent ice fishing throughout the winter months, making this a true year-round escape.
Last checked:
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Checking…
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Last updated Jun 16, 2025
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MLS# 1623470 —
The Building
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Year Built:1940
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Construction Materials:Shingle Siding, Wood Frame
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Roof:Shingle
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Basement:Walk-Out Access, Dirt Floor, Full, Exterior Only, Unfinished
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Direction Faces:None
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Building Features:None
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Patio And Porch Features:Deck
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Building Area Total:1103.0
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Building Area Source:Other
Interior
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Furnished:Furnished
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Rooms Total:5
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Kitchen:true
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Fireplace:true
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Fireplace Features:None
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Flooring:Wood, Vinyl, Laminate
Room Dimensions
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Living Area:None
Financial & Terms
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Land Lease:false
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Rent Includes:None
Location
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Directions:None
The Property
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Lot Features:Rolling/Sloping, Wooded, Near Golf Course, Near Public Beach, Near Town, Rural, Ski Resort
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Lot Size:8,712 Sqft
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Lot Size Area:0.2
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Lot Size Acres:0.2
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Lot Size Units:Acres
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Lot Size Source:Public Records
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Lot Size Dimensions:None
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Zoning:Shoreland
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Property Attached:No
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View:Scenic
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Current Use:None
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Possible Use:None
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Topography:None
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Waterfront:true
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (207) 899-5691
- Office phone:
- (617) 306-3926
Taxes
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Tax Year:2024
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Tax Annual Amount:$2,574
Beds
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Bedrooms Total:3
Baths
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Full Baths:1
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Three Quarter Baths:None
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Partial Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
Heating & Cooling
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Heating:Direct Vent Heater, Baseboard
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Heating:true
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Cooling:false
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Cooling:None
Utilities
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Electric:Circuit Breakers
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Sewer:Septic Tank, Private Sewer
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Water Source:Well, Private
Appliances
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Appliances:Refrigerator, Gas Range
Schools
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Elementary School:None
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Middle Or Junior School:None
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High School:None
The Community
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Spa Features:None
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Pool Private:No
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Water Body Name:Bear Pond
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Association Amenities:None
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Association Fee Includes:None
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:1.0
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Carport Spaces:None
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Parking Features:1 - 4 Spaces, Gravel, On Site, Detached
Monthly cost estimate
Asking price
$525,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,811
|
| Taxes | $214 |
| Insurance | $144 |
| Utilities | $368 See report |
| Total | $3,537/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/12/25
Jun 12, 2025
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Price Changed | MREIS | $525,000 | -4.5% |
|
5/21/25
May 21, 2025
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Relisted | MREIS | $550,000 | 17.0% |
|
6/13/24
Jun 13, 2024
|
MREIS | $470,000 |
