Archive for April, 2010
Why Maine Lakefront Property is a Good Long Term Investment
April 30th, 2010 categories: Observations and Commentary
Maine cottage on the shores of Brandy Pond in Naples, Maine
Back in 2003 I met with an elderly gentleman who purchased his lakefront camp (or what folks from Massachusetts call a “cottage”), back in 1962. He was a former IBM salesman – a pretty big deal in the 1960s.
He purchased his Sebago Lake summer home for $12,000. Now 41 years later he was selling. Although lovingly maintaining the home for 40 years, he had made no major repairs, improvements or expansion to the humble structure. We listed the home for $549,900 and it sold for $529,900.
I asked him what he thought of his investment. He told me that he enjoyed 40 fabulous Maine summers and, added jokingly, earned a half million for his trouble.
He described to me the history of his investment. He said that although the trend was always up, the path was cyclical or one of peaks and plateaus. The property would go through a 5-7 year period of rapid appreciation, what he called peaking, and then level off or plateau for 5-7 years. Then it would once again start a peaking cycle. The last peaking cycle was the period from 1998 to 2005. The present plateau cycle began in late July, 2005 and here we are, 5 years later in late April, 2010, probably closing in on the end of a plateau period.
You may be wondering why I would write about my experience with the IBMer, now, seven years later. Only to illustrate how markets move in cycles and that buyers and sellers sometimes need a longer view to keep a proper perspective.
This week I received a phone call from a buyer of lakefront property. He inquired why a new listing had disappeared from my website. I told him that it was under contract and no longer available.
He was stunned. He said he had been looking for just the right place for over 2 years and that the place was not only perfect but priced right. I asked him why he didn’t make an offer. He said that he felt there was no rush to do so and that if he waited the price might go down.
Folks, we may be nearing the end of a plateau. Lakefront buyers have had it great for the last five years but, as we know, all good things eventually come to an end. The end of the greatest buyers’ market we have seen in our lifetimes may be near.
So, dear lakefront buyers, if you see something that you like and it’s priced right, buy it.
By the way, the property that the buyer missed out on because he was waiting for the price to go down? It was on the market for a week and sold for cash at the asking price. True story.
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Out and About for the Sebago Lakes Region of Maine April 29 to May 5
April 28th, 2010 categories: Sebago Lakes Region
Old Fashion Barn Dance at Mahoosuc Mountain Lodge
April 30, 7 p.m. 2nd Annual Jazz Concert presented by the combined jazz bands of Windham High School and Lake Region High School, tentative program includes “Here’s the Rainy Day,” “I’ve Got Plenty of Nothin’,” “Blue Bones,” “Conga,” and much more, free, Lake Region High School Auditorium, 1877 Roosevelt Trail, Naples. FMI: 2o7.647.3581, www.sad61.k12.me.us.
April 30, 7:30 p.m. Duke Robillard, named “Best Blues Guitarist” four times in last ten years, $22/adults, $17/students, Leura Hill Eastman Performing Arts Center, Bradley Street, Fryeburg. FMI: 207.935.9232, www.fryeburgacademy.org.
May 1, 9 a.m.-4 p.m. Mayfair Craft Show, featuring pottery, jewelry and wood products, Highland Lake Grange, Route 302 and Hardy Road, Westbrook. FMI: 207.809.2212, www.exploringmaine.mainetoday.com.
May 1, 5 p.m. Spring Fling with an Old Fashioned Barn Dance, potluck supper, bring a dish to share, concert and dance with Buttermilk Hill Band, all dances taught, beginners welcome, 50/50 raffle, no alcohol please, $10/person, $5/ages 12 and under, Mahoosuc Mountain Lodge, 1513 Bear River Road, Newry. FMI: 207.824.2073, www.mahoosucmountainlodge.com.
May 1, 6 p.m. Palette, a Silent and Live Auction, delicious appetizers, decadent desserts and delightful drinks to tantalize your palette, $15/person, Fiddlehead Center for the Arts, 25 Shaker Road, Gray. FMI: 207.657.2244, www.fiddleheadcenter.org.
May 1, 8 p.m.-midnight, Standish Sno-Seekers Dance with The Easy-Money-Band, must be 21 years or older to attend, $10/person, The Roost, Chicopee Road, Buxton. FMI: 207.642.2083, www.standishsnoseekers.com.
May 3, 5 p.m. Tales and Mime with performer Antonio Rocha, a native of Brazil, unique solo show of stories and mime, childcare provided for ages 2-4, Guy E. Rowe Elementary School, 219, Main Street, Norway. FMI: 207.743.5183, www.sad17.k12.me.us.
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Out and About for the York County/Sanford Lakes Region of Maine April 29 to May 5
April 28th, 2010 categories: Sanford Lakes Region
You and Yourn, known for “atmospheric chamber-folk music,” at Hog Farm Studios
April 29, 6:30-8:30 p.m. Mexican Dinner and Fashion Show, highlighting products from local businesses, cash bar and raffles, $35/person, benefit for Saco Spirit, Ramada Inn, Saco Plaza, 352 North Street, Saco. FMI: 207.286.3546, www.sacospirit.com.
May 1, 8 a.m.-6 p.m. 12th Annual May Day Festival including parade featuring Little Leaguers, mascots, antique and classic cars, the Shoe String Puppet Show, Shriners, US Army Strong team, Dunlap Highland Band and more, plus other May Day events throughout town, Main Street, Kennebunk. FMI: www.kennebunkdowntown.com.
May 1, 10 a.m. Nasson College Alumni Day, including lunch at the Little Theatre and a jazz concert presented by the Sanford High School Jazz Band, $25/person, The Nasson Heritage Center, 21 Bradeen Street, Springvale. FMI: 207.324.0888 x 212, www.nasson.org.
May 1, 10 a.m.-3 p.m. 16th Semi-Annual House and Homebrew Demo, featuring expert and entry level brewing, Shapleigh Hops Craft, 37 Grant Road, Shapleigh. FMI: 207.432.3677, www.sanfordchamber.org.
May 1, 7 p.m. The Marcel “Mike” Drapeau Scholarship Benefit Concert, performed by The Alumni Band, Jeanne MacDonald, Conductor, a musical tribute to the memory of director “Mike,” special features include St. James Choir directed by Estelle Beauchesne and Brandon Baines, Yo-Yo Performer Extraordinaire, $5/advance, $7/door, Garland Auditorium, Thornton Academy, 438 Main Street, Saco. FMI: 207.282.3361, www.thealumniband.com.
May 1, 8 p.m. You and Yourn, “lyrically-driven, atmospheric chamber-folk,” $8/person, Hog Farm Studios, 140 Main Street, Suite 107, Back Alley, Biddeford. FMI: 971.645.9710, www.hogfarmstudios.com.
May 3 & 5, 6-7:30 p.m. Auditions for “Bigger than Life,” play about American Folk Tales and Legends written by Cynthia Mercati, cast will range in age from 8 years old to 20, Ossipee Trail Arts Center, Route 25, Limington. FMI: 207.637.3467, www.ossipeetrailarts.org.
May 5, 6-8:30 p.m. Baking and Pastry with Chef Charlie Galemmo, $35/person, pre-registration required, York County Community College, 112 College Drive, Wells. FMI: 207.646.9282 x 203, www.yccc.edu.
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Out and About for the Greater Belgrade Lakes Region of Maine April 29 to May 5
April 28th, 2010 categories: Belgrade Lakes Region
“The Soiree” to be performed by Amanda Huotari at Oddfellow Theater
April 29, 6:30 p.m. Poetry and Music, featuring local poets Ted and Ruth Bookey and the vocal quartet reVerse, free, Reading Room, Lithgow Public Library, 45 Winthrop Street, Augusta. FMI: 207.626.2415, www.lithgow.lib.me.us.
April 30, 8 p.m. Alternative Contradance, traditional dancing to great modern bands, no experience needed, all dances taught and called, beginners workshop at 7:30 p.m., $8/adults, $5/students, Chase hall Lounge, 280 College Street, Bates College, Lewiston. FMI: www.bates.edu.
May 1, 7 p.m. Capital Strings, featuring music by Vivaldi and Grieg, reception to follow, benefits Pineland Suzuki School and church, South Parish Congregational Church, 9 Church Street, Augusta. FMI: 207.622.0552, www.southparish.net.
May 1 7:30 p.m. “Seize the Mic” Finals, 12 remarkably talented individuals have emerged as “Seize the Mic 2010” finalists and will compete for cash prizes, $8/adults, $6/seniors & youth, Waterville Opera House, 1 Common Street, Waterville. FMI: 207.873.7000, www.operahouse.com.
May 1, 7:30 p.m. “The Soiree,” written and performed by Amanda Huotari and directed by Avner Eisenberg (Broadway’s Avner the Eccentric), $8/person, Oddfellow Theater, 17 Turner Street, Buckfield. FMI: 207.336.3306, www.oddfellow.com.
May 2, 10 a.m. PanNE Steelband Festival 2010, steel drummers from all over New England will perform on the lawn in front of the Sugarloaf Inn, free, sponsored by the Western Mountain Trash Can Band, Sugarloaf Inn, Main Street, Kingfield, FMI: www.sugarloaf.com.
May 4, 7-10 p.m. Celtic Tuesdays with Small Falls Festival from Prince Edward Island, featuring Richard Wood, Gordon Belcher and Ward MacDonald, $12/adults & seniors, $5/ages 11 and under, Franco-American Heritage Center, 46 Cedar Street, Lewiston. FMI: 207.689.2000, www.francoamericanheritage.org.
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Plenty of Useful, Free Information Available for Maine Lakefront Property Owners and Buyers
April 27th, 2010 categories: Observations and Commentary
Keeping this pond clear and clean should be everyone’s goal
At Mr. Lakefront Keller Williams Real Estate we believe an educated and informed lakefront property owner or buyer is the first and best way to keep our wonderful Maine lakes and ponds clean and healthy. To support this position we make available, to anyone interested, a variety of free materials that inform, educate and entertain the lakefront owner/buyer, all at the click of a mouse.Go to our website at www.mrlakefront.net and find on our home page many different tools to help you be a responsible lakefront property owner.
On the right hand column you can request a copy of the Maine Shoreland Zoning Handbook and the new Buffer Handbook. The Zoning Handbook will give you a comprehensive and understandable overview of the Maine Shoreland Zoning rules and regulations as well as many diagrams and examples of what is permitted in the shoreland zone. The Buffer Zone handbook offers hands-on information about creating a vegetative buffer in the shoreland zone to help control erosion and phosphorus-laden runoff.
Further down, order up a copy of the popular Lake Living magazine. We’ll send it to you free!
On the left hand side of our homepage you can sign up for three different weekly email newsletters which will keep you informed and in touch with Maine news, events, and market information.
The first, the Maine Lakes News Digest, provides you with news and information from around the state dealing with Maine lakes, outdoor recreation, and the environment. The Out and About events planner provides you with a weekly list of local entertainment and things to do in the lakes regions of Maine. Finally, the Maine lakefront listings Market Update keeps you abreast of any new lakefront listings, recent price reductions, featured properties, and market trends specific to Maine lakefront property.
Under the weekly newsletter offers, you’ll find the ability to access a drop down menu and read reviews about your favorite Maine lakes and ponds. We call it Lake Reviews. Just scroll down to the lake or pond you want to read more about, click on it, and be taken to an article that gives you lots of great information.
Finally, below the Lake Reviews box, you can click and order free copies of the State of Maine rules and regulations booklets for each of these outdoor activities: ATVing, Fishing, Hunting, Boating, and Snowmobiling. Any outdoor enthusiast recreating in Maine knows these guidebooks are indespensable – and necessary – to being a responsible outdoors person.
Well, there you have it! A collection of all kinds of interesting and informative material just waiting for you to click and enjoy for free. Why not start right now by going to www.mrlakefront.net !
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Androscoggin Lake in Wayne and Leeds, Maine, is “An Everyday Joy” For Summer Vacation Visitors
April 26th, 2010 categories: Belgrade Lakes Region
Tranquility awaits on Androscoggin Lake in the Winthrop Lakes Region
Located 20 minutes from the capital city of Augusta, 50 minutes north of Portland and an easy drive from Boston, is the 4,000-acre Androscoggin Lake.The classic New England villages of Wayne and Leeds border the lake’s shoreline.
Lakefront Properties For Sale on Androscoggin Lake
Androscoggin Lake is has been known to produce unusually large pickerel and bass, both smallmouth and largemouth. Numerous fishing tournaments are held throughout the year.
A state boat launch is located on Route 133 in Wayne.Several islands dot the lake including Lothrop, Blodgett, Norris and Androscoggin. Lothrop Island in Leeds is also known as Black Sand Island.
According to the Seven Wonders of Wayne Web site produced by local elementary school students, “The sand on Black Sand Island is black because it’s igneous rock that cooled underground instead of erupting like a volcano.”
Norris Island in Wayne is one of the jewels of the Kennebec Land Trust (KLT). This 27-acre island is the largest in the lake and is available for both day use and camping. Camp permits are required. Two primitive sites and a rustic cabin may be reserved by contacting the Ladd Recreation Center.Two other KLT sites on the lake are worth visiting via canoe. Launch your boat at the state boat launch and paddle along the northern shore toward Androscoggin Boys Camp. Look for the KLT sign for the Perkins Woods Preserve. This is a 14-acre preserve with 2,700 feet of shoreline and wetland frontage. You can pull your boat up near the sign and explore the area. Paddle on the west side of the lake from the boat launch and you’ll reach the Brackett-Longley Rare Plant Habitat in Leeds. This 40-acre habitat is best viewed from your boat.The Androscoggin Lake Improvement Corporation (ALIC) has the mission to “preserve and protect Androscoggin Lake.” The water quality is listed as below average. ALIC president Debbie Hite wrote in the 2009 newsletter that “Last year we saw the lake at its healthiest state in quite a while.” The ALIC is actively working to protect and restore the ecosystem of Androscoggin Lake and the Dead River.The Androscoggin Yacht Club is located just of Route 133 in Wayne. It’s been in existence for 90 years and you don’t need to own a boat to join. As a member you may enjoy the beach, swimming and sailing lessons, plus use of the club facilities.There are endless opportunities for sportsmen and vacationers on Androscoggin Lake or in the Winthrop Lakes Region. Besides fishing and hiking, bird watchers may spot osprey, eagles, water fowl, Great Blue Heron, woodpeckers and numerous song birds. Bicyclists will enjoy riding the secondary roads in the area. The distance around the lake is roughly 28 miles; it’s a scenic ride, but is sometimes challenging. Close by you’ll find shopping centers, fine and casual dining, theater and entertainment, historical museums and more. One place you won’t want to miss is Tubby’s Own Ice Cream on the corner of Mill and Main Streets in Wayne. Tubby’s was featured in Boston Magazine’s Travel and Life 2006 as “New England’s Best Ice Cream.”
View Vacation Rentals on Androscoggin Lake
Alison Lincoln-Rich, Treasure of the ALIC, wrote in a newsletter, “For my family, this lake is an everyday joy. As I write this, seven kids are jumping off the dock, seeing who can dive the best or make the biggest cannonball. I hear fresh laughter from across the lake; I see docks and boats being put in daily. The flag is up on the yacht club point; the Stinchfield [beach] gate is being opened and closed daily. Summer is here. Be safe, have fun and enjoy this marvelous lake.”To learn more about lakefront property listings, click on the green box above.
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A Peaceful Getaway Awaits on Cochnewagon and Wilson Ponds in the Winthrop Lakes Region
April 23rd, 2010 categories: Belgrade Lakes Region
Consider relocating to or retiring on Cochnewagon Pond
Only 15 miles from both Augusta and Lewiston, in the heart of the Maine Lakes Region, you’ll find two small ponds with big personality–Cochnewagon and Wilson Ponds. They are part of the Cobbossee Watershed District.
At about 410 acres, Cochnewagon is a relatively shallow pond with a maximum depth of 28 feet and an average depth of 22 feet. Certified Water Quality Monitors, Ryan Burton and Joe Saunders, test the pond every couple of weeks from spring till fall. The water quality is average. Over the years AmeriCorps and other volunteers have completed projects such as placing rip-rap and planting shrubs and plants to create buffer zones, which protect the lake from phosphorus run-off.
Cochnewagon is set in the center of Monmouth. A town-owned boat launch on Town Boat Landing Road off Beach Road makes it easily accessible. You’ll find ample parking, the town beach, picnic tables and a small basketball court by the boat launch.
Head a few minutes north on Route 132 and you’ll find the narrow, crescent-shaped Wilson Pond. A boat launch, maintained by the state, is located at the southern end of the 582-acre pond in North Monmouth. A beach and picnic facility on Wilson Pond Road is owned by the North Monmouth Community Club. Wilson Pond provides anglers with good trout, bass, perch and pickerel fishing.
Wilson Pond had had good water quality in the past, but it declined steadily, reaching a record low in 2004. The Cobbossee Water District has surveyed the pond to identify existing and potential phosphorous run off and is working with the town and state to improve the water quality. The Friends of the Cobbossee Watershed launch their vessel, the Otter II, on this pond and others to share information about lake protection, including Best Method Practices such as vegetated buffer and camp road maintenance.
Just click on the green buttons above to learn more about lakefront property listings on these two gems.
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Out and About in the Sebago Lakes Region of Maine, April 22 to 28
April 21st, 2010 categories: Sebago Lakes Region
Richie Havens still moving mountains with his voice and guitar
April 22, 8 a.m.-4 p.m. Earth Day Celebration, clean-up Bridgton, Bald Pate Hike, Kite Making, Mother Earth Graffiti Wall, and more, Bridgton Community Center, Depot Street, Bridgton. FMI: 207.647.3116, www.mainelakeschamber.com.
April 23, 8 p.m. “The Falstaff Connection,” members of the USM Opera Workshop Concert, perform under the direction of Ellen Chickering, an evening of works that all deal with the Falstaff story, $6/adults, $3/seniors, students and children, Corthell Hall, USM, 37 College Avenue, Gorham. FMI: 207.780.5555, www.usm.maine.edu.
April 23, 8 p.m. Richie Havens, a folk icon who in his sixties can still move mountains with his voice and guitar, $40/person, must purchase tickets from Web site, (dinner sold out), Stone Mountain Arts Center, 695 Dugway Road, Brownfield. FMI: 207.935.7292, www.stonemountainartscenter.com.
April 24, 12-3 p.m. Growing Oyster Mushrooms and How to Transplant Workshop, offered by the Greater Lovell Land Trust and Old Stage Farm, meet at Old Stage Farm, 269 Old Stage Road, Lovell. FMI: 207.925.1056, www.gllt.org.
April 24, 2-4 p.m. “The Good Old Days: They Were Terrible,” several professional historians from the Bethel area will examine such subjects as crime, corruption, unemployment, addiction, pollution and “urban plight,” free, donations accepted, Bethel Historical Society, Moses Mason House Exhibit Hall, 14 Broad Street, Bethel. FMI: 207.824.2908, www.bethelhistorical.org.
April 25, 9 a.m. Alan Day Community Garden Earth Day celebration, volunteers welcome to work on the land, at 11:30 a.m. a blessing ceremony will celebrate a new sign and officially begin the 2010 gardening season, Alan Day Community Garden, Whitman Street, Norway. FMI: www.norwaydowntown.org.
April 26, 7 p.m. “Windham School: A Historical Perspective, 1770 to 1970,” includes old school photographs and artifacts from the town’s educational past, Windham Historical Society, 232 Windham Center Road, Windham. FMI: 207.892.1433, www.windhamhistorical.org.
April 27, 9 a.m. -2 p.m. Bake Sale, purchase luscious, homemade confections to benefit the Maine Chapter of Make-A-Wish Foundation, Fryeburg Public Library, 515 Main Street, Fryeburg. FMI: 207.935.2731, www.fryeburgmaine.org.
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Out and About in the York County/Sanford Lakes Region of Maine, April 22 to 28
April 21st, 2010 categories: Sanford Lakes Region
Vines in the Vault, a signature wine-tasting event, at Brick Store Museum
April 24, 9 a.m. 3-5 Mile Walk MS 2010, The Maine Chapter of the National Multiple Sclerosis Society fund raiser to support programs, services and research, food, drinks and great entertainment at the finish line, Consolidated Elementary School, 25 School Street, Kennebunkport. FMI: 800.526.8890, walkmem.nationalmssociety.org.
April 24, 4-6 p.m. Baked Ham Supper, to benefit the Old Corner Church, which is located at the corner of Federal Street and West Road in Waterboro, $7/adults, free/ages 10 and under, take-out available, Masonic Hall, Waterboro Road (Route 202), Alfred. FMI: 207.247.3784, www.waterboro-me.net.
April 24, 4:30-6:30 p.m. Vines in the Vault, a signature wine-tasting event, sample wines from around the world in the truly unique, behind-the-scenes setting of the Museum’s collection vaults, ticket to event includes a limited edition, custom wine glass as a keepsake, $30/person, $25/member, must be purchased in advance, Brick Store Museum, 117 Main Street, Kennebunk. FMI: 207.985.4802, www.brickstoremuseum.org.
April 25, 2 p.m. “Settled in the Wind: Notes from the Edge of Town,” author Susan Head Shetterly will share about her family’s adventure living without electricity in a Maine cabin, Scarborough Public Library, 48 Gorham Road, Scarborough. FMI: 207.883.4723, www.library.scarborough.me.us.
April 25, 3-5 p.m. “Bright Star,” Spring Film Series, heartrending drama based on the three-year romance between 19th century poet John Keats and Fanny Brawne, rated PG, York Public Library, 15 Long Sands Road, York. FMI: 207.363.2818, www.york.lib.me.us.
April 25, 5-8 p.m. Spring Celebration to benefit Pike Hall renovations, sponsored by the Cornish Association of Businesses, featuring local acoustic talent Pete Finkle, food, cash bar, silent auction and more, $15/person in advance, $18/at door, Sacopee House of Pizza, Route 25, Cornish. FMI: 207.625.4993, www.cornish-maine.org.
April 28, noon, Vernal Pools, brown bag lunch, short presentation about vernal pools, followed by a visit to a vernal pool to observe some of the creatures that breed there, waterproof boots recommended, but not necessary, York Public Library, 15 Long Sands Road, York. FMI: 207.363.1002, www.york.lib.me.us.
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Out and About in the Greater Belgrade Lakes Region of Maine, April 22 to 28
April 21st, 2010 categories: Belgrade Lakes Region
Valencia Robinson sings soul, folk, r & b, and jazz at Johnson Hall
April 22- 24, Earth Day Events throughout the community, includes events for kids, dedication of community gardens, “green” movies, discussion panels, workshops, spring clean-up, and Earth Day’s 40th Birthday Family Dance, various venues, Winthrop. FMI: 207.377.7200, www.winthropmaine.org.
April 22, 7:30 p.m. The New World and The Old, Collegium Musicum, exploring the golden age of Spanish music, ribald and rowdy songs from the courtly cancioneros, lively and syncopated dances from the Mexican Baroque, and deeply moving cathedral music by Victoria and Guerrero, Lorimer Chapel, Colby College, Mayflower Hill, Waterville. FMI: 207.859.4000, www.colby.edu.
April 23, 7:30 p.m. Valencia Robinson accompanied by jazz cellist Josh McClain, soul, folk, r&b, and jazz, Valencia’s vocals are incredibly rich and pure, two sets with great desserts for sale at intermission, $14/person, $12/member, $5/student with ID, Johnson Hall, 280 Water Street, Gardiner. FMI: 207.582.7144, www.johnsonhall.org.
April 23, 8 p.m. Rustic Overtones with Barefoot Truth, promoting release of their new albums, “The New Way Out,” and “Threads,” respectively, $15-$20/tix, Waterville Opera House, 1 Common Street, Waterville. FMI: 207.873.5381, www.operahouse.com.
April 24, 10 a.m. “Full Fathom Five: A Daughter’s Search,” author Mary Lee Fowler will talk about her search for the father she never knew, Lithgow Public Library, 45 Winthrop Street, Augusta. FMI: 207.626.2415, www.lithgow.lib.me.us.
April 24, 7 p.m. Chad Porter, acoustic soloist, Holly’s Own Deli, 84 Court Street, Auburn. FMI: 207.333.3041, www.hollysown.com.
April 26, 9 a.m. -5 p.m. The art of Lee Harper, and works by Abbott Meader and Forrest Meader, Central Maine Artist Gallery, 72 West Front Street, Skowhegan. FMI: 207.858.0797, www.skowhegan.org.
April 28, 4-5:30 p.m. Community Tea, hosted by Franklin Memorial Hospital Auxiliary, with Dr. Dave Dixon on the piano, Bass Room, Franklin Memorial Hospital, 111 Franklin Health Commons, Farmington. FMI: 207.778.4726, www.franklincountymaine.org.
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Tom - MrLakefront
