157 Main Street, Belgrade, ME, 04917
About This Home
BELGRADE LAKES Own a Century of Maine Heritage: The Village Inn & Tavern. The crown jewel of the Belgrade Lakes, this is a rare opportunity to acquire one of the region's most storied lakefront properties. Originally established in 1921 as The Locust House, the inn stands today as the last remaining operational grand historic inn in the Belgrade Lakes, with a legacy that has welcomed notable guests ranging from L.L. Bean to Eugene O'Neill. Meticulously restored and thoughtfully curated, the property blends a refined rustic-chic aesthetic with modern luxury, capturing the spirit of Maine's Golden Age while offering the comforts today's guests expect. The offering includes a high-volume, lodge-style tavern and bar known for its award-winning ''Dock & Dine'' service and its legendary 12-hour roast duck, a signature dish since 1962. Eight beautifully renovated guest suites showcase elevated camp-style design, combining timeless character with contemporary amenities. The expansive lakefront grounds feature private parking, swimming access, and dedicated boat docks, allowing guests to arrive directly from Great Pond or Long Pond for a premier waterfront experience. The property also includes spacious owner's quarters, ideal for an on-site owner or caretaker to support seamless year-round operations. From the call of loons at sunrise to peaceful lakeside evenings, this property represents more than a business--it is a true legacy investment. Fully turnkey and rich in history, The Village Inn & Tavern offers the opportunity to own a defining piece of New England hospitality.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1899
Materials
- Foundation: Stone,Granite,Gravel/Pad,Poured Concrete
- Roof: Metal
- Construction materials: Wood Frame,Clapboard,Vinyl Siding,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: New Englander
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Electric Range,Gas Range,Refrigerator,Wall Oven,Washer,Other
Basement
- Has basement: Yes
- Basement: Interior Entry,Dirt Floor,Daylight,Finished,Sump Pump,Unfinished
Bedroom1
- Level: Second
Bedroom2
- Level: First
Bedroom3
- Level: First
Bedroom4
- Level: First
Bedroom5
- Level: First
Bedroom6
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 11
- Bathrooms: 13
- Full bathrooms: 9
- 1/2 bathrooms: 4
Den
- Features: Gas Fireplace
- Level: First
Dining Room
- Features: Dining Area,Formal
- Level: First
Family Room
- Features: Gas Fireplace
- Level: Second
Features
- 1st Floor Bedroom,Pantry,Shower,Storage
- Flooring: Carpet,Concrete,Tile,Vinyl,Wood
- Number of fireplaces: 3
- Fireplace: Yes
- Finished area below ground: 500
- Finished area above ground: 6,756
Great Room
- Level: Basement
Heating & Cooling
- Heating features: Baseboard,Heat Pump,Hot Water,Zoned,Other
- Cooling features: Heat Pump,Window Unit(s)
Interior Area
- Total structure area: 7,256
- Total interior livable area: 7,256 sqft
Kitchen
- Features: Kitchen Island,Pantry
- Level: First
Kitchen
- Features: Eat-in Kitchen
- Level: Second
Laundry
- Level: First
Mud Room
- Features: Closet
- Level: First
Office
- Level: Second
Other
- Level: Second
Other
- Level: Second
Other
- Level: Second
Other
- Level: Second
Other
- Level: Second
Property
Accessibility
- Accessibility features: Level Entry
Details
- Parcel number: BELG000026000000000022
- Zoning: SHORELAND
Features
- Levels: Multi/Split
- Patio & porch: Porch
- Has view: Yes
- View description: Mountain(s),Scenic
- On waterfront: Yes
- Waterbody name: LONG POND & MILL STREAM (leading into Great Pond)
- Frontage length: Waterfrontage: 250,Waterfrontage Owned: 250
Lot
- Lot size: 0.89 Acres
- Features: City Lot,Near Golf Course,Neighborhood,Level,Open Lot,Sidewalks,Landscaped
Parking
- Parking features: Gravel,21+ Spaces,On Site,Off Street
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
- Ice Storm
- Winter Weather
- Hurricane
- Inland Flooding
- Lightning
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 | $12,641 | $151,692 |
| Home Insurance | $918 | $11,016 |
| Property Taxes | $2,166 | $25,992 |
| Electricity | $1,054 | $12,656 |
| Total | $16,779 | $201,348 |
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 |
|---|---|---|
| 2026-03-28 | Listed for sale | $2,895,000 |
For Sale by Agent
View on Zillow