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85 Lake Shore Drive, Peru, ME, 04290

--beds
--baths
480sqft
$550,000
$1,146price/sqft
$3,618/moest. monthly cost
$144,720/yrincome needed

About This Home

Unplug, relax and unwind at your own private island on beautiful Lake Anasagunticook. This one of a kind solid stone cottage with it's own lighthouse, offers a 360 degree view of the lake. Built in 1937, this property has held it's original character. Built with an open floorplan, there's room to sleep 5 people comfortably with a kitchen/dining/living area where everyone can gather to play board games, read or enjoy a meal together. The outdoor area is your own oasis on the water. Watch the loons swim by and eagles soar, while you take in the amazing views of the western Maine mountains. There's a seperate dock with stairs that lead directly into the water where you can cool off in the summertime. There's also an outdoor shower with hot water. The fishing is as good as it gets. If you like sunsets, this takes things to a new level. Whether your watching from the fire pit or take the boat out, it never disappoints. You have to experience all this special place has to offer. Access to the island comes with a seperate parcel of land. There are docks on shore and at the island for your boat. The shore lot has a sandy beach that gradually gets deeper. It's perfect for newer swimmers or just soaking up the sun in the water. There is plenty of room to park your vehicles, or have a seasonal camper for overflow guests. You can enjoy some modern comforts with a state of the art solar array complete with a battery storage system. If it's cloudy, no problem. There's a quiet gas generator to recharge the batteries and keep the lights, air conditioner and refrigerator running. Thinking of renting it out? The island has been used as an Airbnb for the last several years, with guests every week! If you can think of ways to make it more comfortable, the current owners have already done that. Don't miss out on this rare opportunity.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

3/10
Dirigo Elementary SchoolGrades PK-59.0 mi
3/10
4/10
Dirigo High SchoolGrades 9-129.9 mi

Construction

Condition

  • Year built: 1937

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Stone,Other

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave,Gas Range,Refrigerator,Other

Basement

  • Basement: None

Dining Room

  • Features: Dining Area,Informal,Vaulted Ceiling(s)
  • Level: First

Features

  • 1st Floor Bedroom,Compost Toilet,One-Floor Living
  • Flooring: Concrete
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 480

Heating & Cooling

  • Heating features: Other
  • Cooling features: None

Interior Area

  • Total structure area: 480
  • Total interior livable area: 480 sqft

Kitchen

  • Features: Vaulted Ceiling(s)
  • Level: First

Living Room

  • Features: Informal,Vaulted Ceiling(s),Wood Burning Fireplace
  • Level: First

Property

Details

  • Parcel number: CNON000000U000003000033
  • Zoning: shoreland

Features

  • Has view: Yes
  • View description: Mountain(s),Scenic
  • On waterfront: Yes
  • Waterbody name: Lake Anasagunticook aka Canton Lake
  • Frontage length: Waterfrontage: 45,Waterfrontage Owned: 45

Lot

  • Lot size: 7,405 sqft
  • Features: Rural,Open Lot

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
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Hurricane
Inland Flooding
Ice Storm
Lightning
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 $2,781$33,372
Home Insurance $195$2,340
Property Taxes $398$4,776
Electricity $244$2,930
Total$3,618$43,416

Income You'd Need if You Spent...

35% on housing$124,045/yr
40% on housing$108,540/yr
45% on housing$96,480/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: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,146This listing

vs Other Active Listings

Avg $/sqft

ZIP 04290$313
Oxford County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 04290
Oxford County$218

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
2026-06-18Listed for sale$550,000
2023-08-31Sold$375,000
2023-08-31Pending sale$400,000
2023-08-09Contingent$400,000
2023-07-12Price change$400,000
2023-07-05Listed for sale$425,000
2023-06-03Contingent$425,000
2023-05-17Listed for sale$425,000

For Sale by Agent

BrokerageMeservier & Associates

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