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147 Park Lane, China, ME 04358

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For Sale

$849,000

3 beds • 2 baths • 2,179 sqft

Estimated Payment

$ 4,410 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $389.63
    Price per square foot

  • 41-50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Discover the perfect lakefront retreat on the shores of picturesque Three Mile Pond, featuring 100 feet of pristine waterfront. This property offers the ideal balance of tranquility and convenience, making it a fantastic choice for a year-round residence, a relaxing getaway, or a lucrative investment. With numerous modern updates, this home seamlessly blends comfort with stunning natural surroundings. Vaulted ceilings fill the space with natural light, while the open-concept kitchen and two cozy wood stoves create a warm, inviting atmosphere. The first-floor primary suite allows for easy single-level living, and recent upgrades including brand-new Anderson sliding glass doors (with a transferable 20-year warranty), a new hot water heater, heat pumps in every room, a generator hookup, and a new electrical panel ensure long-term peace of mind. The property also features a drilled well, a well-maintained septic system, and a spacious three-car garage with additional storage above. Step outside onto the expansive wraparound deck or unwind in the hot tub while soaking in breathtaking lake views. Three Mile Pond offers year-round activities, from swimming, kayaking, and motorboating in the summer to ice fishing and snowmobiling in the winter. With direct access to well-maintained snowmobile trails through the Snowmobile Association, adventure is always at your doorstep. Located just 15 minutes from Augusta, Waterville, and Colby College with easy access to I-95 this home is not only a peaceful escape but also an outstanding income opportunity. With a proven Airbnb track record generating $65,000-$70,000 annually (rented only 100 days per year) and accommodations for up to 18 guests, it's a rare find for both investors and homeowners alike. Please Note: Currently used as a vacation rental. No drive-bys, please.
MLS# 1613485

Courtesy Of Portside Real Estate Group
417 US Route One, Falmouth, ME 04105
(207) 619-7571

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Deck, Pond, Water Front
  • Architecture Style
    Contemporary
  • Cooling System
    Heat Pumps
  • Exterior Type
    Vinyl Siding
  • Fireplace
    Fireplace
  • Heating System
    Baseboard, Fireplace, Heat Pump, Hot Water, Stove
  • Lot Size
    0.63 Acres
  • Roof Type
    Metal
  • Rooms
    Dining Room, Family Room, Kitchen, Living Room

Map and Directions

Directions to 147 Park Lane, China, ME 04358

Home seller CENTURY 21 Nason Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Nason Realty, Inc.

(207) 873-2119
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $4,410
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,410

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

China Primary School

Grades PK-4 Public School

South China, ME 04358 5.6 miles
763 lakeview dr

220 total students
11:1 Student teacher ratio

School Rating: C+

School Details

China Middle School

Grades 5-8 Public School

South China, ME 04358 5.6 miles
773 lakeview dr

200 total students
14:1 Student teacher ratio

School Rating: C+

School Details

Messalonskee High School

Grades 9-12 Public School

Oakland, ME 04963 13.6 miles
131 messalonskee high dr

738 total students
15:1 Student teacher ratio

School Rating: C+

School Details
Other Nearby Schools Distance Type Grades School Rating
Erskine Academy 1.2 miles Private 9-12
Vassalboro Community School 4.9 miles Public PK-8 C

Erskine Academy

Distance: 1.2 miles

Type Private

Grades: 9-12

Vassalboro Community School

Distance: 4.9 miles

Type Public

Grades: PK-8

C

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for China, ME 04358

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China, ME 04358

This community’s employment is highest in the education and sales industries. The area’s overall household expenses are above the national average.

80° July
Hottest Average Month
6° January
Coldest Average Month
1,772 Total Households in Area
2.4% Increase in population since the year 2010
33.8%
of households
have children
29 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for China, ME 04358

China, ME 04358 has a population of 4,359 people in 1,772 households with a median age of 39.9 years old.

2.4%
Increase in population
since the year 2010
Population is Trending up
1,731
Total households as of 2010
2.9%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 39.9 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 93%
Hispanic 2%
Asian <1%
Native American <1%
Black <1%
Other <1%
The most prevalent ethnicity is White at 93%, followed by Hispanic at 2%, Asian at <1%, and Native American at <1%.

Economics
for China, ME 04358

79 /sq mi
Population Density
$83,387 /yr
Median Household Income
$225,000
Median Sales Price
29 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $75-99,999k representing 23.6% of the households.

Transportation to Work

  • Drive 88%
  • Work from Home 8%
  • Walk or Bike 2%
  • Public Transit 2%

Occupancy by Type

Owned 1,610 71%
Vacant 506 22%
Rented 162 7%

White vs Blue Collar Jobs







White Collar 68%
Blue Collar 32%

Family & Education Facts
for China, ME 04358

39.9 Median Age

Average Household Size

2.5
persons per
household

54.9%

Married Households

Community Population By Education

High School Graduate 36%
Bachelors Degree 23%
Some College 20%
Graduate Degree 11%
Associates Degree 7%
Some High School 3%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 36.16% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
33.8% of households have children

Weather
for China, ME 04358

The weather for this area ranges from a high of 80° F in July to a low of 6° F in January

80° July
Hottest Average Month
6° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
6°
28°
Feb
8°
31°
Mar
19°
40°
Apr
31°
53°
May
41°
67°
Jun
51°
76°
Jul
56°
80°
Aug
55°
79°
Sep
46°
70°
Oct
36°
59°
Nov
27°
44°
Dec
14°
32°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about China, ME 04358!
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Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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