Tough Buyer’s Market Drives Down Price on Gorgeous Casco, Maine Lakefront Property For Sale

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Tough Buyer’s Market Drives Down Price on Gorgeous Casco, Maine Lakefront Property For Sale


48 Scribner Lane on Pleasant Lake in Casco, Maine
Pleasant Lake in Casco, Maine is one of the area’s favorite lakes. At 1,332 acres it’s a great size for most – not too big, but not too small. It’s fine for all recreational activities without attracting the biggest power boats found cleaving the waters of Big Sebago.
Aside from its attractive size, it is home to the quaint village of Casco at the south end and the internationally recognized Seeds of Peace camp at the north end. In between is over three miles of wonderful water that garners the Maine Department of Environmental Protection’s highest water quality rating – “excellent”.
On the east shore of Pleasant Lake sits a picturesque four bedroom camp dating from the 1940s. A wonderful enclosed porch spans the front overlooking the lake. Inside it’s all pine walls and wood floors, generating that lovely golden light throughout. Of course, there is a fieldstone fireplace and even a room where the current occupant ties his flies.
One family ownership since 1947, this place sits in the lea of a gentle hill, right at the water’s edge, surrounded by towering pine and hemlocks. Privacy? Oh yes, lots of privacy – and this may be the best part of all – the lot is 1.75 acres with 365 feet of water frontage!
There are two more things you need to know. The first is that this place is for sale and your friends at Mr. Lakefront Keller Williams have the listing. The second is that this listing has had two huge price reductions.
Originally listed in the spring at $695,000 we thought the price was fair, especially considering all that water frontage on desireable Pleasant Lake. Soon enough, though, we saw another strong buyer’s market shaping up which means sellers need to be aggressive. Down goes the price to $595,000. At that price it’s positioned well in the market, but still no takers. Now the price has been reduced another $100k to $495,000. Incredible! Truly, an opportunity for some saavy buyer.
If you are looking for a fine lake with excellent water quality, for a classic Maine camp on a timeless lot with great frontage, for a great investment that would be enjoyed by family and friends for many years to come, then you must consider this property at 48 Scribner Lane in Casco, hard on the shores of Pleasant Lake.
Click here for more details and photos of this attractive lakeside camp. Call Jon Whitney at 207-671-7595 to set up a showing.

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