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5.2 Lobster Lake, Greenville, ME, 04441

6beds
3baths
2,474sqft
$1,400,000
$566price/sqft
$9,106/moest. monthly cost
$364,240/yrincome needed

About This Home

Rare opportunity to acquire a former Maine sporting camp compound on Lobster Lake, surrounded by state-owned land and located on one of Maine's most scenic and secluded wilderness lakes. With only a handful of privately owned properties on the entire lake, this offering represents an exceptionally limited opportunity to own a substantial private waterfront holding in a setting that is nearly impossible to replicate. Set on 48.5± acres with approximately 2,000± feet of waterfront and 500± feet of sandy beach, the property includes a main lodge and four guest cabins, creating an established multi-building layout well suited for outdoor hospitality, sporting camp operations, guide services, corporate retreats, private group use, or a legacy recreational compound. Formerly operated as authentic Maine sporting cabins, the property carries the character, history, and setting buyers seek in a true North Woods destination. Lobster Lake is known for its remote beauty, clean water, sandy shoreline, fishing, paddling, hunting access, wildlife, and classic Maine wilderness experience. The surrounding public land and limited private ownership create a rare sense of privacy, conservation, and long-term scarcity. Ideal for an investor, outfitter, hospitality operator, conservation-minded buyer, family office, or private owner seeking a significant waterfront retreat with commercial potential.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

Construction

Materials

  • Roof: Metal
  • Construction materials: Log,Wood Frame,Log Siding,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Partial

Bedroom1

  • Level: First

Bedroom1

  • Level: Second

Bedroom1

  • Level: First

Bedroom1

  • Level: First

Bedroom1

  • Level: First

Bedroom2

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • 1st Floor Bedroom
  • Flooring: Vinyl,Wood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,474

Heating & Cooling

  • Heating features: Steam,Wood Stove
  • Cooling features: None

Interior Area

  • Total structure area: 2,474
  • Total interior livable area: 2,474 sqft

Kitchen

  • Level: First

Property

Details

  • Zoning: M-GN

Features

  • Patio & porch: Screened
  • Has view: Yes
  • View description: Mountain(s),Scenic,Trees/Woods
  • On waterfront: Yes
  • Waterbody name: Lobster Lake
  • Frontage length: Waterfrontage: 2000,Waterfrontage Owned: 2000

Lot

  • Lot size: 48.50 Acres
  • Features: Other,Open Lot,Rolling Slope,Landscaped,Wooded

Parking

  • Total spaces: 1
  • Parking features: Gravel,11 - 20 Spaces
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Winter Weather
Ice Storm

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 $7,079$84,948
Home Insurance $758$9,096
Property Taxes $910$10,920
Electricity $359$4,315
Total$9,106$109,272

Income You'd Need if You Spent...

35% on housing$312,205/yr
40% on housing$273,180/yr
45% on housing$242,826/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: 10.6%
10.6%
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

$566This listing

vs Other Active Listings

Avg $/sqft

ZIP 04441$258
Piscataquis County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 04441
Piscataquis County$170

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
2026-05-05Price change$1,400,000
2026-02-21Listed for sale$1,500,000
2026-02-14Listing removed$1,500,000
2025-02-23Listed for sale$1,500,000

For Sale by Agent

AgentRodney Folsom Jr.
BrokerageThe Folsom Realty Group

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