Waterfront Property Checklist: What to Know Before You Buy
Key Tips for Buying Lakefront, Riverfront, and Coastal Homes in Maine
Buying a waterfront property in Maine is a dream for many—but it also comes with unique considerations that can affect your enjoyment, your budget, and your long-term investment.
Whether you're eyeing a lakeside camp, a riverfront cottage, or a coastal retreat, here’s your go-to checklist of what to know before buying a waterfront home in Maine.
1. Know What Kind of “Waterfront” You’re Getting
Not all waterfront is created equal. Ask your Realtor (that’s us!) for clarity on:
Direct waterfront vs. water access or water view
Seasonal vs. year-round accessibility
Public vs. private shoreline
A property “near the lake” may not include actual frontage—or rights to use it.
2. Check for Flood Zones & Insurance Requirements
Waterfront properties are more likely to fall within flood zones. You’ll want to:
Review FEMA flood maps
Understand flood insurance requirements (and costs)
Ask about any history of water damage or erosion
Pro Tip: Homes in a high-risk flood zone may have higher insurance premiums—factor that into your budget early on.
3. Understand Shoreline Rules and Restrictions
Maine has specific Shoreland Zoning regulations that limit what you can build or change near the water. These may affect:
Tree removal
Dock installation
Additions or renovations
Septic systems or well placement
Before buying, consult your Realtor and local code enforcement to know what’s allowed on the property.
4. Consider Utilities & Year-Round Use
Many Maine waterfront homes—especially lake and riverfront properties—were originally built as seasonal camps. Be sure to ask:
Is the property winterized?
Is there a reliable well/septic system?
Are the roads plowed in winter (private vs. town-maintained)?
These features impact both your comfort and resale value.
5. Check Water Access Rights & Restrictions
If you’re planning to swim, boat, or fish, make sure:
You have deeded access or ownership of the waterfront
Docks or moorings are permitted
There are no restrictions on boat size or motorized use (some lakes prohibit jet skis or speedboats)
Also confirm if neighbors share access—and how that’s managed.
6. Inspect for Moisture & Maintenance Concerns
Waterfront homes face more exposure to the elements. Before you buy, have the property inspected for:
Foundation cracks, mold, or rot
Roof or siding wear due to wind/salt/ice
Dock, boathouse, or deck safety issues
Maintenance is key to preserving value—and safety—at a waterfront property.
7. Think About Long-Term Value & Resale
Waterfront homes tend to hold their value well, but:
Seasonal-only homes have a smaller buyer pool
Remote properties may be harder to finance or resell
High-maintenance homes could deter future buyers
Make sure your dream home is also a smart investment.
Final Thoughts
Buying a waterfront property in Maine is an exciting step—but it’s one that requires extra diligence. With the right guidance and preparation, you can enjoy everything from tranquil lake mornings to salty coastal breezes, all while protecting your investment.
Looking for the perfect spot by the water?
Let The Reeves Group help you navigate the waterfront buying process. From property tours to shoreline zoning to negotiation, we’re here to make your move smooth—and memorable.
Upcoming Events:
Antique Boat Parade – Naples (August 10)
Celebrate classic craftsmanship on Long Lake with this charming boat parade, featuring vintage wooden boats and lakefront fun. A perfect day by the water!
Pemaquid Oyster Festival – Damariscotta (August 18)
Taste fresh oysters and local seafood along the Damariscotta River. Enjoy live music, educational exhibits, and river views at one of Maine’s oyster events.
Maine Open Lighthouse Day – Statewide (August 24)
Explore coastal history and get rare access to over 20 historic lighthouses, many only reachable by boat. A unique way to experience Maine’s maritime charm.
