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242 Dragon Fly Road, Lovell, ME, 04051

4beds
4baths
3,370sqft
$5,995,000
$1,779price/sqft
$38,090/moest. monthly cost
$1,523,600/yrincome needed

About This Home

Situated amidst breathtaking granite landscapes and spanning 44.35 acres of preserved land in Lovell, Maine, this expertly designed lakefront retreat showcases the region's natural beauty. Created by the Boston firm Dimella Shaffer, the home features reclaimed wood, natural stone elements, and metal roofing. Inside, you'll find a chef's kitchen equipped with high-end appliances, an inviting elevated deck, and a bright, open-concept living area that boasts a double-sided stone fireplace and views of Lake Kezar. The main level includes a spacious primary suite filled with natural light, a luxurious bathroom, and an additional bedroom suite. A floating staircase leads to a family and game room on the lower level, which also houses two more guest bedrooms and a full bathroom. At the water's edge, there's a charming cottage with sliding doors that open to a dock and swim platform. Additional amenities include a security system and HVAC for comfort and peace of mind. Enjoy countless recreational activities in the picturesque landscape, just minutes away from the delightful community of Center Lovell. This is a unique opportunity for exceptional waterfront living in Western Maine.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

5/10
New Suncook SchoolGrades PK-45.4 mi
5/10
Molly Ockett SchoolGrades PK-812.8 mi

Construction

Condition

  • Year built: 2003

Materials

  • Foundation: Poured Concrete
  • Roof: Metal
  • Construction materials: Wood Frame,Shingle Siding,Vertical Siding,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Dryer,Gas Range,Refrigerator,Wall Oven,Washer

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Walk-Out Access,Finished,Full,Partial

Bedroom2

  • Features: Full Bath,Suite
  • Level: First
  • Area: 153.318
  • Dimensions: 11.11 x 13.8

Bedroom3

  • Features: Closet
  • Level: Basement
  • Area: 240.933
  • Dimensions: 16.39 x 14.7

Bedroom4

  • Features: Closet
  • Level: Basement
  • Area: 195.91
  • Dimensions: 14.3 x 13.7

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Family Room

  • Features: Built-in Features,Wood Burning Fireplace
  • Level: Basement
  • Area: 343.20000000000005
  • Dimensions: 19.5 x 17.6

Features

  • 1st Floor Bedroom,1st Floor Primary Bedroom w/Bath,Bathtub,Shower,Storage,Walk-In Closet(s),Primary Bedroom w/Bath
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 4
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,370

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,370
  • Total interior livable area: 3,370 sqft

Kitchen

  • Features: Cathedral Ceiling(s),Eat-in Kitchen,Kitchen Island,Wood Burning Fireplace
  • Level: First
  • Area: 574.2
  • Dimensions: 26.1 x 22

Living Room

  • Features: Built-in Features,Cathedral Ceiling(s),Wood Burning Fireplace
  • Level: First
  • Area: 501.6
  • Dimensions: 22.8 x 22

Media Room

  • Features: Built-in Features,Wood Burning Fireplace
  • Level: Basement
  • Area: 278.32
  • Dimensions: 14.2 x 19.6

Primary Bedroom

  • Features: Closet,Double Vanity,Full Bath,Jetted Tub,Built-in Features,Soaking Tub,Separate Shower,Suite
  • Level: First
  • Area: 535.99
  • Dimensions: 21.7 x 24.7

Property

Details

  • Parcel number: 242DragonFlyRdLovell04051
  • Zoning: Rural/Shoreland
  • Other equipment: Generator

Features

  • Levels: Multi/Split
  • Patio & porch: Deck,Patio,Porch,Screened
  • Has view: Yes
  • View description: Scenic
  • On waterfront: Yes
  • Waterbody name: Kezar Lake
  • Frontage length: Waterfrontage: 665,Waterfrontage Owned: 665

Lot

  • Lot size: 44.35 Acres
  • Features: Abuts Conservation,Near Golf Course,Near Town,Rolling Slope,Landscaped,Wooded

Parking

  • Total spaces: 2
  • Parking features: Gravel,5 - 10 Spaces,On Site,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

How This Home’s Risks Compare

Winter Weather
Ice Storm
Cold Wave
Hurricane
Inland Flooding
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 $30,313$363,756
Home Insurance $2,942$35,304
Property Taxes $4,346$52,152
Electricity $489$5,878
Total$38,090$457,080

Income You'd Need if You Spent...

35% on housing$1,305,942/yr
40% on housing$1,142,700/yr
45% on housing$1,015,733/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

$1,779This listing

vs Other Active Listings

Avg $/sqft

ZIP 04051$248
Oxford County$213

vs Homes Sold Last Month

Median $/sqft

ZIP 04051
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)

No zestimate history available

Price History

DateEventPrice
2026-05-13Listed for sale$5,995,000
2025-12-03Listing removed$6,500,000
2025-09-15Listed for sale$6,500,000

For Sale by Agent

AgentAnne Erwin Sotheby's International Realty
BrokerageAnne Erwin Sotheby's International Realty

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