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28 Belgrade Road, Oakland, ME, 04963

3beds
2baths
2,406sqft
$699,000
$291price/sqft
$4,944/moest. monthly cost
$197,760/yrincome needed

About This Home

Picturesque waterfront setting on one of Maine's most desirable lakes. On the market for the first time in many, many years, this 1865 family home has been lovingly maintained and updated while retaining its original charm. Through the years, renovations have preserved the home's warmth and character while adding modern conveniences. The spacious first floor features a well-appointed kitchen with granite countertops and newer appliances, a large dining room, and a generous living room with a hearth, and pellet stove. Sliding glass doors open to a lush backyard and waterfront views of Messalonskee Lake. Also, on the first floor is a versatile bonus room, ideal for an office or bedroom - with built-ins providing extra storage and flexible living space. The home has natural wood flooring in all of the primary rooms and kitchen. Original natural wood stairs, rails and landing add to the home's timeless appeal. Upstairs are two large bedrooms, a full bath, and finished storage space in the eaves. The primary bedroom includes its own glassed-in sun porch with electric sunshades, overlooking the yard and waterfront. Outside you'll find two decks, each with their own electric awning, a beautiful garden shed, a utility shed and well-groomed yard. Additional space over the two-car, attached garage offers potential for storage, a workshop or even future living space. A rare opportunity to own a historic, lovingly cared-for waterfront home on Messalonskee Lake. Some photos virtually enhanced.

Getting Around

28
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

7/10
7/10

Construction

Condition

  • Year built: 1865

Materials

  • Foundation: Stone
  • Roof: Metal
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Electric Range,Refrigerator,Trash Compactor,Washer

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Interior Entry,Full

Bedroom1

  • Level: First

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First

Features

  • 1st Floor Bedroom,Attic
  • Door features: Storm Door(s)
  • Flooring: Vinyl,Wood
  • Finished area below ground: 0
  • Finished area above ground: 2,406

Heating & Cooling

  • Heating features: Baseboard,Heat Pump,Hot Water,Pellet Stove
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 2,406
  • Total interior livable area: 2,406 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Mud Room

  • Level: First

Property

Details

  • Parcel number: OAKLM014L186
  • Zoning: Residential

Features

  • Patio & porch: Deck,Glassed-in Porch,Porch
  • Has view: Yes
  • View description: Scenic
  • On waterfront: Yes
  • Waterbody name: Messalonskee Lake
  • Frontage length: Waterfrontage: 60,Waterfrontage Owned: 60

Lot

  • Lot size: 0.48 Acres
  • Features: Near Turnpike/Interstate,Near Town,Level,Open Lot,Rolling Slope,Landscaped

Parking

  • Total spaces: 2
  • Parking features: Paved,1 - 4 Spaces
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Ice Storm
Lightning
Hurricane
Strong Wind

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,534$42,408
Home Insurance $199$2,388
Property Taxes $862$10,344
Electricity $349$4,196
Total$4,944$59,328

Income You'd Need if You Spent...

35% on housing$169,508/yr
40% on housing$148,320/yr
45% on housing$131,840/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$291This listing

vs Other Active Listings

Avg $/sqft

ZIP 04963$337
Kennebec County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 04963$260
Kennebec County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Price change$699,000
2026-07-14Price change$759,000
2026-06-26Listed for sale$770,000

For Sale by Agent

BrokerageColdwell Banker Plourde Real Estate

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