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72 Cedar Village Place, Oakland, ME, 04963

2beds
2baths
1,247sqft
$775,000
$621price/sqft
$5,336/moest. monthly cost
$213,440/yrincome needed

About This Home

Experience the best of Maine lakefront living with this charming 2-bedroom home on sought-after Messalonskee Lake in Oakland, Maine. Offering stunning water views, a sandy beach, and direct lake access, this year-round home is the perfect retreat for relaxing, entertaining, and enjoying all that lake life has to offer. Conveniently located just minutes from downtown Oakland and close to I-95, this property allows convenient easy access to everything Central Maine has to offer. Whether you enjoy fishing, swimming, sunbathing or water sports, this can be your year-round home or seasonal retreat. Just minutes from the Waterville Country Club and fine restaurants, enjoy a round of golf, dinner and still make it home in time to watch the breathtaking sunsets from your deck. Come see why the Belgrade Lakes Region is one of the most desirable after regions in Maine.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

7/10
7/10

Construction

Condition

  • Year built: 1980

Materials

  • Foundation: Poured Concrete
  • Roof: Shingle
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Electric Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Walk-Out Access,Daylight,Finished,Full

Bedroom1

  • Level: First

Bedroom2

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Family Room

  • Level: Basement

Features

  • 1st Floor Bedroom,Shower
  • Flooring: Concrete,Laminate
  • Finished area below ground: 546
  • Finished area above ground: 701

Heating & Cooling

  • Heating features: Baseboard,Hot Water
  • Cooling features: None

Interior Area

  • Total structure area: 1,247
  • Total interior livable area: 1,247 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Office

  • Level: First

Property

Details

  • Parcel number: OAKLM013L046
  • Zoning: Shoreland
  • Other equipment: Other

Features

  • Patio & porch: Deck
  • Has view: Yes
  • View description: Scenic
  • On waterfront: Yes
  • Waterbody name: Messalonskee Lake
  • Frontage length: Waterfrontage: 68,Waterfrontage Owned: 68

Lot

  • Lot size: 8,276 sqft
  • Features: Open Lot

Parking

  • Parking features: Paved,1 - 4 Spaces

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

  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Ice Storm
Winter Weather
Lightning

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 $3,918$47,016
Home Insurance $220$2,640
Property Taxes $954$11,448
Electricity $244$2,930
Total$5,336$64,032

Income You'd Need if You Spent...

35% on housing$182,948/yr
40% on housing$160,080/yr
45% on housing$142,293/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

$621This listing

vs Other Active Listings

Avg $/sqft

ZIP 04963$328
Kennebec County$198

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
2026-06-22Listed for sale$775,000

For Sale by Agent

BrokerageColdwell Banker Plourde Real Estate

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