See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

198 Taylor Street, Lincoln, ME, 04457

2beds
2baths
1,312sqft
$350,000
$267price/sqft
$2,795/moest. monthly cost
$111,800/yrincome needed

About This Home

Set on the shores of Mattanawcook Pond, this inviting waterfront property at 198 Taylor Street in Lincoln, Maine offers the perfect blend of comfort, recreation, and privacy. Situated on a well-maintained 0.35-acre parcel with approximately 75 feet of owned water frontage, this property provides a peaceful setting with beautiful lake views and direct access to one of the area's most enjoyed bodies of water. The home features approximately 1,300 square feet of finished living space, thoughtfully laid out to maximize both functionality and relaxation. Whether you're looking for a year-round residence or a seasonal getaway, this property is well-suited for enjoying all that lakeside living has to offer. In addition to the main home, the property includes a guest cabin complete with one bedroom and a loft, offering a great space for hosting family and friends. Two additional sheds provide ample storage for tools, outdoor equipment, and recreational gear. Despite its convenient location, the property offers a pleasantly private feel, making it easy to unwind and enjoy the natural surroundings. Step outside and take advantage of boating, kayaking, fishing, or simply relaxing by the water's edge. Located in the full-service town of Lincoln, you'll have access to local shops, restaurants, healthcare, and everyday amenities just minutes away. The area is widely known for its abundant lakes and outdoor recreation, including ATV and snowmobile trail systems, making it a four-season destination for outdoor enthusiasts. This is a great opportunity to own a piece of waterfront on Mattanawcook Pond with additional space for guests and all the benefits of Maine living right at your doorstep.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
2/10
Mattanawcook AcademyGrades 9-121.9 mi
4/10
Ella P Burr SchoolGrades PK-31.8 mi

Construction

Materials

  • Foundation: Other,Poured Concrete
  • Roof: Metal
  • Construction materials: Wood Frame,Log Siding,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Range

Basement

  • Basement: Crawl Space

Bedroom1

  • Level: First

Bedroom2

  • Level: Second

Bedrooms & Bathrooms

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

Dining Room

  • Level: First

Features

  • Flooring: Laminate,Tile,Wood,Linoleum
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,312

Great Room

  • Level: Second

Heating & Cooling

  • Heating features: Direct Vent Heater,Wood Stove
  • Cooling features: None

Interior Area

  • Total structure area: 1,312
  • Total interior livable area: 1,312 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Office

  • Level: Second

Sunroom

  • Level: Second

Property

Details

  • Parcel number: LNCNM128L012
  • Zoning: See town

Features

  • Has view: Yes
  • View description: Scenic
  • On waterfront: Yes
  • Waterbody name: Mattanawcook Pond
  • Frontage length: Waterfrontage: 75,Waterfrontage Owned: 75

Lot

  • Lot size: 0.35 Acres
  • Features: Rural,Level,Open Lot,Landscaped,Wooded

Parking

  • Parking features: Gravel,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

  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Ice Storm
Lightning
Cold Wave
Hurricane
Inland Flooding
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 $1,769$21,228
Home Insurance $180$2,160
Property Taxes $602$7,224
Electricity $244$2,930
Total$2,795$33,540

Income You'd Need if You Spent...

35% on housing$95,828/yr
40% on housing$83,850/yr
45% on housing$74,533/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: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$267This listing

vs Other Active Listings

Avg $/sqft

ZIP 04457$114
Penobscot County$142

vs Homes Sold Last Month

Median $/sqft

ZIP 04457$155
Penobscot County$181

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)

No zestimate history available

Price History

DateEventPrice
2026-08-12Price change$324,900
2026-06-29Listed for sale$350,000

For Sale by Agent

AgentAlan Staples
BrokerageAcres Away, Inc.

Similar Homes