About This Home

This 4-bedroom, 4-bathroom single family at 299 Gates Road in Jefferson, ME is listed for $1,699,000 ($328 per sqft). Built in 2004, the home offers 5,180 sqft of living space on a N/A lot.

Key Features

  • Built in 2004

Property Details

3 full, 1 half
2004
Listing Description

Custom-built and elegantly positioned on the coveted western shore of Damariscotta Lake in Jefferson's desirable Narrows, this exceptional lakefront residence features 4 bedrooms and 3.5 baths with refined indoor-outdoor living. A gracious front porch, expansive south-facing waterside deck, and patio capture the property's stunning setting.

The main level showcases an open-concept design, seamlessly blending a well-appointed kitchen, dining area, and living space, where a stone fireplace creates a warm focal point for everyday living and entertaining. The first floor also offers radiant floor heat for year-round comfort.

The 1st floor primary bedroom suite enjoys tranquil water views, direct deck access, wood floors, a generous walk-in closet, and private full bath. Upstairs, a spacious family room and large bedroom with walk-in closet and full bath are complemented by sweeping lake views, along with a large unfinished space ready for customization; the second floor is heated with HWBB.

The lower level provides flexible guest accommodations with two bedrooms, a full bath, kitchenette, and large living area with propane heat stove, well-suited for guests or extended family. A large laundry room provides ample storage and convenience. The home is equipped with a backup generator for added peace of mind.

Set on 1.85AA,A,A+/- landscaped acres, the property includes a dock system with ladder, attached two-car garage, and detached two-car garage. Damariscotta Lake spans 14+/- miles w/ depths exceeding 100 feet, prized for clear water, recreation, and excellent fishing. The Narrows provides a quieter shoreline ideal for swimming, boating, and paddling, with abundant wildlife. Conveniently located near Camp Kieve, Wavus Camp, and Lincoln Academy. A rare opportunity to experience classic Maine lakefront living at its finest.

Monthly Cost Estimate

$9,087/mo

20% down · 6.5% · 30 years

Principal$1,229
Interest$7,362
Insurance$496

Estimates only. Actual payments may vary.

Location

299 Gates Road

Jefferson, ME 04348

Questions & Answers

This 4-bedroom, 4-bathroom single family at 299 Gates Road is listed at $1,699,000 ($328/sqft). The estimated monthly payment is $9,087 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2004.

This property is listed by Meriwether Gill and can be reached at 2075966095.

MG

Meriwether Gill

Agent at Better Homes and Gardens Real Estate The Masiello Group

(207) 596-6095
Agent website

Listed by Better Homes and Gardens Real Estate The Masiello Group · Broker phone: (800) 741-1540 · Broker website

MLS# 1663462· Source: Better Homes and Gardens-The Masiello Group· 35 days on PropertySimple

Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

299 Gates Road, Jefferson, ME 04348

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