On the quiet shores of Sebec Lake, in the small town of Bowerbank, Maine, sits one of the most unique and versatile waterfront properties to hit the market in the region. Spread across more than 21 acres and divided into four parcels, this is far more than a single home — it’s an entire compound with the potential to become a luxury retreat, a multi-generational family estate, or even a small rental community.
The Heart of the Property: Phoebe Island
At the center of this estate stands a lighthouse-inspired residence, built in 1930, perched on private Phoebe Island and connected to the mainland by a dock. The main house offers roughly 2,440 square feet of living space and 4 bedrooms, blending genuine island seclusion with modern comfort.
More Than a Single Home
Beyond the main island residence, the property includes a second, fully furnished shoreline home with pond and lake views, move-in ready. Three newly built cabins, ideal for guests or rental income. Several garages, storage buildings, and additional unfinished structures, leaving room for further development to suit a new owner’s vision.
Nature as Part of the Estate
The surrounding land features two private ponds, wooded trails, and open meadows — a setting made for walking, fishing, or simply escaping the noise of daily life. The infrastructure needed for independent living is already in place: five septic systems and a drilled well support the multiple structures scattered across the property.
Development Potential
One of the most compelling aspects of this estate is its zoning, which allows for expansion to accommodate up to 17 dwellings. That makes it especially appealing to investors eyeing hospitality development, short-term rentals, or the creation of a small lakeside village.
Life on Sebec Lake
Sebec Lake is regarded as one of Maine’s most scenic lakes, known for its clean waters, fishing, and water sports. The property comes fully equipped with boats, docks, and connecting equipment for direct lake access — ready to enjoy from day one.
This is a rare opportunity for anyone seeking not just a lakeside home, but an entire estate rich in history, character, and room to dream big.
From the Zillow listing:
