China Lake China, ME 04358

Features

• Price/sqft: $175

Facts

• Year Built: 01/01/1945
• Property ID: 657024276
• Property Type: Multi-family (2-4 units)
• County: KENNEBEC

Description

This property is offered for sale directly by the owner. For Sale By Owner homes, also known as FSBOs, can be a good buying opportunity, because the owner will save up to 6% when there are no brokers involved in the transaction. This leaves more room for price negotiation and potential buyer savings.

This listing is NOT a foreclosure. Privately Owned Gated 2 Camps Compound. Entire Peninsula/Point 2 acres completely flat land, 800 feet of waterfront, 100 foot (expandable) sand beach; even a solar lighthouse on point. 270 degree views of the lake from each camp; camps are 10 feet from the water.Price: $525,000. NO Owner Financing.Lot Size: 2 Acres. Zoning; Residential. Electrical provided by CMP (Central Maine Power) directly to both Camps.Private (gated) Lakeside Family Compound in central Maine (20 minutes off I-95 in Augusta). 2 Large 2 story Colonial Style "RUSTIC" traditional Maine Camps! (Seasonal on Posts and Pads) (White one is 1800 square feet built in 1930 has 2000 gallon concrete holding tank for septic; Gray one is 1200 square feet built in 1960 has 500 gallon steel tank inverted trench system septic), 2 bay oversize garage, boat house, 800 feet of prime waterfront (whole peninsula/point) on China Lake (12 miles long, clean water; this Lake provides the drinking water for the city of Waterville, Maine), on 2 acres of flat/level land with white birch trees. 100 foot (expandable) sandy beach on the protected cove side of point, 2 docks (one for each camp). Each camp has 3 bedrooms, 2 baths, oversize windows entire front of each camp, 270 degree view of Lake from both camps. Each camp is literally 10 feet from the water/lake. Comes Partly furnished. Largest capacity Rinnai Propane Heaters in each camp. If you enjoy seeing wildlife, there's Deer, wild Turkeys, red Fox, and a family of Mallard Ducks, and the famous Loons with their haunting calls. The lake is famous for stocked Brown Trout and Bass if you like to fish.NOTE: Contact Gary Poulin (owner). Price is $525,000.The Price reflects Comparative Analysis (standard procedure) done by Coldwell Banker Real Estate which placed Value at $525,000.The Camps have rented on Air B&B in the past (white camp $1,800 a week, gray camp $1,200 a week). Income potential, depends on what you want to do with camps, family compound or rent etc....Contact Owner: Gary Poulin