307 Gates Road, Jefferson, ME 04348
Property image
Property image
OFF MARKET

307 Gates Road
Jefferson, ME 04348

  • 4 Beds
  • 4 Baths
  • 3,700 sqft (on 2.30 acres)

$2,076,900

Trulia Estimate
as of Jul 23, 2026

$2,076,900

Trulia Estimate
as of Jul 23, 2026
4 Beds
4 Baths
3,700 sqft
(on 2.30 acres)

Local Information

  • Map ViewExplore the area around 307 Gates Road.
  • Schools1 Elementary School1 Middle School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2004
Lot Size
2.3 acres
Living Area
3,700 sqft
Price/Sqft
$561
HOA
$40/Monthly
Last check for updates: about 3 hours ago
Listed by Legacy Properties Sotheby's International Realty
Bought with: Newcastle Realty
Source: Maine Listings, MLS#1596667

Description

This exquisite property on Damariscotta Lake boasts over 600 feet of pristine lake frontage. The main house, a spacious 3100 sq ft retreat, features include a wrap around deck and a great screened-in porch and offers picturesque water views from both. With 3-4 bedrooms and 3 full bathrooms, its open floor plan seamlessly integrates the kitchen, dining, and living areas—perfect for both entertaining and family gatherings. A first-floor bedroom provides direct access to the screened-in porch, enhancing the serene lakeside experience. Almost every room in the house has a water view.
Additionally, there is a charming separate cottage, completely renovated, offers 1-2 bedrooms, a kitchen, full bath, and a deck overlooking Damariscotta Lake which adds versatility and extra accommodation space.
Experience the beauty of one of Maine's most sought-after lakes. The expansive water frontage provides ample opportunities for boating, fishing, and swimming, while the serene environment offers a peaceful escape from the hustle and bustle of daily life.

This beautiful lakefront property on Damariscotta Lake is a rare find and a true gem. Whether you're seeking a year-round residence or a seasonal getaway, this home and its accompanying cottage offer the perfect blend of luxury and tranquility.

Some Furnishings will be included, the property has been rented the last couple years seasonally. Rental income potential adds further appeal, making it not only a luxurious retreat for personal use but also a potentially lucrative investment opportunity.
307 Gates Road, Jefferson, ME 04348 is a 4 bedroom, 4 bathroom, 3,700 sqft single-family home built in 2004. It last sold for the $2,000,000 asking price on Oct 18, 2024. It is currently off market. The Trulia Estimate is $2,076,900, with a rent estimate of $4,152/month.

Home Details for 307 Gates Road

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Interior Entry,FullNumber of Rooms: 7Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Kitchen, Living Room, Other Room, Sunroom
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 3700 Square Feet
Appliances & Utilities
Utilities: Utilities OnAppliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, WasherDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,Zoned,Stove,RadiantHas CoolingHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace
Gas & Electric
Electric: Circuit Breakers, Generator Hookup
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Tile, Wood
Levels, Entrance, & Accessibility
Floors: Tile, Wood
View
Has a ViewView: Scenic

Exterior Features

Exterior Home Features
Roof: Metal ShinglePatio / Porch: DeckOther Structures: OutbuildingNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel,Paved,5 - 10 Spaces
Frontage
WaterfrontRoad Frontage: Private RoadOn Waterfront
Water & Sewer
Sewer: Private Sewer, Septic Design AvailableWater Body: Damariscotta Lake
Farm & Range
Frontage Length: Waterfrontage: 600, Waterfrontage Owned: 600
Finished Area
Finished Area (above surface): 3700 Square Feet

Property Information

Year Built
Year Built: 2004
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cottage,Shingle
Building
Construction Materials: Wood Frame, Wood Siding

Price & Status

Price
List Price: $2,000,000
Status Change & Dates
Off Market Date: Tue Aug 27 2024

Location

Direction & Address
City: JeffersonCommunity: Chimney Point Association

Building

Building Area
Building Area: 3700 Square Feet

HOA

Has an HOAHOA Fee: $475/Annually

Lot Information

Lot Area: 2.3 Acres

Miscellaneous

BasementMls Number: 1596667Above Grade Unfinished Area: 3700

Price History for 307 Gates Road

DatePriceEventSource
10/21/2024$2,000,000PendingMaine Listings #1596667
10/18/2024$2,000,000Sold
Maine Listings #1596667
09/04/2024$2,000,000ContingentMaine Listings #1596667
07/12/2024$2,000,000Listed For SaleMaine Listings #1596667

Market trends in Jefferson

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
14
3
MoM
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Comparable Sales for 307 Gates Road

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.44
Single-Family Home
$500,000
08/26/25
4
2
2,300
0.72
Single-Family Home
$431,000
02/20/26
2
2
1,198
0.63
Single-Family Home
$380,000
08/19/25
3
1
1,440
1.30
Single-Family Home
$275,000
04/02/26
3
3
1,858
1.32
Single-Family Home
$450,000
09/10/25
3
2
1,775
2.03
Single-Family Home
$545,000
06/30/26
3
2.5
2,413
2.42
Single-Family Home
$1,600,000
06/16/26
2
2.5
3,200
2.01
Single-Family Home
$465,000
08/21/25
3
1.5
1,556
2.35
Single-Family Home
$790,000
06/12/26
3
1
1,482
2.10
Single-Family Home
$275,000
09/12/25
2
1
1,176

Nearby homes

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What Locals Say about Jefferson

At least 3 Trulia users voted on each feature.
  • 100 % Say car is needed

  • 100 % Say parking is easy

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say there's wildlife

  • 67 % Say there are community events

  • 60 % Say it's dog friendly

  • 56 % Say they plan to stay for at least 5 years

  • 50 % Say neighbors are friendly

  • 50 % Say it's quiet

  • 33 % Say people would walk alone at night

  • 29 % Say kids play outside

  • 17 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 307 Gates Road

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Off Market Homes Near 307 Gates Road

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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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