Friday, August 30, 2024

Real Estate: Waterfront properties a proven and sound investment

By Pamela Starnes and Tiffany Libby

There’s something truly special about waterfront properties in Maine. Whether you're a local or someone from out of state, the charm of living by the water is irresistible. Imagine waking up to the gentle sound of waves, sipping your morning coffee on the deck as the sun rises over the water, or spending your afternoons kayaking, fishing, or simply unwinding at the water's edge. Whether it’s a cozy cottage on Sebago Lake or a luxurious estate along the coast, these properties offer more than just a place to live—they offer a lifestyle that combines tranquility and investment potential.

The allure of waterfront living is undeniable. There’s a peace that comes with being near the water, a chance to disconnect from the hustle and bustle of everyday life. For many, owning a waterfront home is the fulfillment of a lifelong dream—a place to escape, recharge, and create lasting memories with loved ones. Beyond the lifestyle, these properties have also proven to be sound investments. Even with the ups and downs of the real estate market, waterfront properties have consistently held their value, often appreciating faster than inland homes. The limited availability of waterfront lots, especially in prime locations, only adds to their appeal.

In recent years, the demand for these properties has only grown, especially with the rise of remote work. More and more buyers are seeking homes that offer not just a retreat from the city but also a comfortable year-round living and working space. This has sparked a surge of interest in Maine’s waterfront properties, drawing buyers from near and far who are eager to experience the natural beauty and relative affordability that Maine offers compared to other coastal areas in the Northeast.

However, before diving into waterfront living, it’s important to consider the unique aspects of owning such a property. Erosion, flooding, and the need for specialized maintenance are all factors that can add to the cost of ownership. That’s why it’s crucial to work with a real estate agent who understands these challenges and can guide you through the process.

Another key consideration is finding the type of waterfront property that best suits your needs. Maine’s diverse landscape offers everything from oceanfront homes with private beaches to secluded lakefront cottages nestled in the woods. Each type of property provides a different experience, so it’s important to think about what matters most to you – whether it’s easy access to boating and fishing, proximity to amenities, or the peace and quiet of a secluded spot.

Windham and its surrounding areas are home to some of Maine’s most sought-after waterfront properties. Just a short drive from Portland, Windham strikes the perfect balance between accessibility and seclusion. The town is famous for its beautiful lakes, including Sebago Lake, Little Sebago Lake, and Highland Lake. These lakes are ideal for a variety of activities, from boating and fishing to swimming and kayaking, making them perfect for families, retirees, or anyone who loves the outdoors.

In Windham, you’ll find a wide range of waterfront properties, from charming cottages to luxurious estates. Many of these homes feature private docks, spacious decks, and stunning views, offering the perfect setting to enjoy Maine’s natural beauty. With a strong sense of community, excellent schools, and easy access to shopping, dining, and cultural attractions, Windham is an excellent choice for those looking to embrace the waterfront lifestyle.

Waterfront properties in Maine offer a rare combination of natural beauty, recreational opportunities, and investment potential. Whether you’re searching for a year-round residence, a seasonal getaway, or an investment opportunity, the Libby Starnes Team is here to help you find your perfect waterfront home. With our in-depth knowledge of the local market and our dedication to client satisfaction, we’re committed to helping you navigate the complexities of waterfront real estate and make your dream of owning a Maine waterfront property a reality.

To learn more or to explore current waterfront listings, reach out to the Libby Starnes Team at Signature Homes Real Estate Group. We’re excited to help you discover everything Maine’s waterfront has to offer.

Pamela Starnes and Tiffany Libby are the Libby Starnes Team with Signature Homes Real Estate Group. Call them at 207-838-8051 or 207-712-2424 or visit them online at www.libbystarnesteamhomes.com. <

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