20 & 21 Bass Cove, Oakland, ME, 04963
About This Home
Looking for a waterfront home with a rare, grandfathered setting right at the shoreline that you cannot replicate today? The main home sits less than 15 feet from the water, an irreplaceable advantage that defines this legacy property. Come experience the best of Maine at this stunning 5-bedroom, 2 full bath contemporary home nestled on 3.5 surveyed acres with 336 feet of private shoreline on stunning East Pond. With 2,608 sq ft in the main home and an additional 600 sq ft in a separate finished ranch, this one-of-a-kind property offers unmatched flexibility for guests, rental income, or your creative retreat. Step inside to soaring cathedral ceilings, sun-drenched skylights, and a spacious layout perfect for entertaining or peaceful lakeside living. The main home features a large family room, an inviting living room with a dramatic stone fireplace, and a standing seam metal roof for lasting durability. Four bedrooms and a full bath are conveniently located on the first floor, while the second-floor great room and screened-in porch provide panoramic lake views and a peaceful escape. Just a few feet from the water's edge, the massive front deck invites you to relax and unwind in a quiet cove ideal for sandy-bottom swimming, sunset watching, and listening to loons call at dusk. Nature lovers will be in awe of the bald eagles, ospreys, and owls that frequently visit. Enjoy easy access to kayaking, paddleboarding, boating, and fishing--all from your own dock and ladder. The finished ranch-style guest house, built in 1984, adds over 600 sq ft of heated living space--ideal for Airbnb potential, extended stays, or a private home office or studio. Lovingly owned by the same family since 1939, the original camp was rebuilt in 1962, with the second floor added in 1994. This is more than a home--it's a legacy, a lifestyle, and a rare opportunity on one of Central Maine's most beloved lakes. Located just 20 minutes from the vibrant downtowns of Waterville and Augusta.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1962
Materials
- Foundation: Poured Concrete
- Roof: Metal
- Construction materials: Wood Frame,Shingle Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Range,Refrigerator
Basement
- Has basement: Yes
- Basement: Exterior Entry,None,Crawl Space,Full,Unfinished
Bedroom1
- Level: First
Bedroom2
- Level: First
Bedroom3
- Level: First
Bedroom4
- Level: First
Bedroom5
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- 1st Floor Bedroom,Bathtub,One-Floor Living,Pantry,Shower,Primary Bedroom w/Bath
- Flooring: Wood
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 3,208
Great Room
- Level: First
Heating & Cooling
- Heating features: Baseboard,Hot Water,Wood Stove
- Cooling features: None
Interior Area
- Total structure area: 3,208
- Total interior livable area: 3,208 sqft
Kitchen
- Level: First
Living Room
- Level: First
Living Room
- Level: First
Office
- Level: First
Property
Details
- Zoning: Shoreland
Features
- Patio & porch: Deck,Porch,Screened
- Has view: Yes
- View description: Scenic,Trees/Woods
- On waterfront: Yes
- Waterbody name: East Pond
- Frontage length: Waterfrontage: 336,Waterfrontage Owned: 336
Lot
- Lot size: 3.50 Acres
- Features: Near Country Club,Level,Open Lot,Wooded
Parking
- Parking features: Gravel,1 - 4 Spaces,On Site
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
- Ice Storm
- Lightning
- Hurricane
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,439 | $53,268 |
| Home Insurance | $250 | $3,000 |
| Property Taxes | $760 | $9,120 |
| Electricity | $466 | $5,595 |
| Total | $5,915 | $70,980 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Listed for sale | $928,000 |
| 2026-01-01 | Listing removed | $928,000 |
| 2025-09-26 | Listed for sale | $928,000 |
| 2025-09-25 | Listing removed | $948,000 |
| 2025-07-31 | Listed for sale | $948,000 |
| 2025-07-25 | Listing removed | $1,298,000 |
| 2025-07-02 | Price change | $1,298,000 |
| 2025-05-24 | Listed for sale | $1,500,000 |
For Sale by Agent
View on Zillow