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123 Estes Way, Franklin, ME, 04634

5beds
3baths
2,590sqft
$899,000
$347price/sqft
$5,840/moest. monthly cost
$233,600/yrincome needed

About This Home

Experience true waterfront living on Molasses Pond, a stunning 1,280-acre pond featuring its own island. Waters Edge is a beautifully custom-built and meticulously maintained 4-bedroom, 2-bath home located within approximately 50 feet of the water, complete with a private sandy beach. Take in spectacular sunsets and frequent eagle sightings while relaxing in this fully furnished, turnkey property—ideal for entertaining, personal enjoyment, or income-producing rentals. The oversized primary bedroom offers sweeping pond views, allowing you to fall asleep to gentle waves and the call of loons. The kitchen and bathrooms feature granite countertops, while pine walls, custom trim, and rustic farmhouse accents create a warm and inviting atmosphere throughout. Exceptional craftsmanship is evident in every detail, with the home's close proximity to the water and rare sandy beach truly setting it apart. Also included is a detached two-car garage with a studio apartment known as The Overlook, boasting a 5-star rental rating and established rental history. Sliding doors open to a second-story deck with breathtaking pond views. Recent upgrades include new automatic generators and heat pumps for both the main house and studio, plus a new boiler for the home. Offered fully furnished and move-in ready, this exceptional waterfront property is a must-see. This house comes with a REDUCED RATE as low as 5.625% (APR 5.889%) as of 1/7/2026 through List & Lock™. This is a seller paid rate-buydown that reduces the buyer's interest rate and monthly payment. Terms apply, see disclosures for more information.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

3/10
Cave Hill SchoolGrades PK-53.8 mi
2/10
Sumner Middle SchoolGrades 6-812.1 mi
4/10
Sumner Memorial High SchoolGrades 9-1212.1 mi

Construction

Condition

  • Year built: 2009

Materials

  • Foundation: Slab
  • Roof: Shingle
  • 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,Gas Range,Refrigerator,Washer

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedroom3

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • 1st Floor Bedroom,In-Law Floorplan
  • Flooring: Laminate,Other,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,590

Heating & Cooling

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

Interior Area

  • Total structure area: 2,590
  • Total interior livable area: 2,590 sqft

Kitchen

  • Features: Eat-in Kitchen
  • Level: First

Living Room

  • Level: First

Other

  • Features: Above Garage,Balcony/Deck,Cathedral Ceiling(s),Dining Area,Eat-in Kitchen,Four-Season,Heated,Kitchen Island,Laundry/Laundry Hook-up,Sleeping
  • Level: Second

Primary Bedroom

  • Level: Second

Property

Details

  • Zoning: Shoreland

Features

  • Patio & porch: Deck,Patio
  • Has view: Yes
  • View description: Scenic
  • On waterfront: Yes
  • Waterbody name: Molasses Pond
  • Frontage length: Waterfrontage: 100,Waterfrontage Owned: 100

Lot

  • Lot size: 0.92 Acres
  • Features: Open Lot,Rolling Slope

Parking

  • Total spaces: 2
  • Parking features: Paved,5 - 10 Spaces
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2