"Under Contract" Butterfield Island on Nicatous Lake

Asking Price$895,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

Includes 2 lodges & 3 sleeping cabins
2 landing docks and a party boat convey
Private 8 acre island includes a boat house & parking on the mainland
Updated interior
Great Lodge
An event tent with 6 picnic tables accommodate large groups
Includes 2 lodges & 3 sleeping cabins
2 landing docks and a party boat convey
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"Under Contract" Butterfield Island on Nicatous Lake


Asking Price$895,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

Property Description
TURN-KEY COMPOUND ON PRIVATE BUTTERFIELD ISLAND - NICATOUS LAKE

Rare opportunity to acquire an 8-acre fully developed private island on pristine Nicatous Lake, surrounded by 21,000 acres of conserved "forever wild" land. This exceptional property offers tremendous potential for eco-tourism with short-term rentals, retreat center operations, or small summer camp development.

PROPERTY HIGHLIGHTS:
• Complete island compound with two main lodges and three sleeping cabins
• Great Lodge (2004): Modern kitchen, sunporch bedroom, and loft
• Historic Butterfield Lodge (1926): Features fieldstone fireplace, kitchenette, and soaking tub
• Three rustic sleeping cabins (1930s) arranged around central gathering area
• Extensive amenities: boat house, multiple docks, generator shed, tool shed
• Central gathering space with picnic tables, firepit, and 30' event tent

OPERATIONAL ADVANTAGES:
• Currently listed on VRBO and Airbnb with strong demand
• Proven rental history with non-profit retreat groups
• Hosted private events including a wedding
• Experienced local caretaker available to continue services
• Turn-key operation ready for immediate income generation

INFRASTRUCTURE & EQUIPMENT:
• Power via newer diesel generator
• Solar/battery system ready for installation ($15,000+ value)
• Propane for appliances and hot water
• Includes pontoon boat, Honda ATV with trailer, Bobcat excavator
• Three generators and extensive equipment package
• Deeded mainland access lot with parking and boat house

LOCATION:
Conveniently positioned one hour from Bangor International Airport and 30 minutes from Lincoln amenities. The property offers exceptional privacy while maintaining reasonable access to modern conveniences.

This legacy property represents a unique eco-tourism opportunity in one of Maine's most pristine settings, perfect for creating memorable experiences while generating strong returns.
About the Property
Type
Other Business Real Estate
Building Status
Established
Facilities & Assets
Butterfield Island is a 8-acre, fully developed private island on pristine Nicatous Lake. Perfect for a family retreat, rental property, or event center. The compound features 2 furnished main lodges & 3 sleeping cabins, plus a boat house, docks, generator shed, & more. The Great Lodge includes a modern kitchen, sunporch bedroom, and loft, while the historic Butterfield Lodge offers a fireplace, kitchenette, & tub. Three rustic sleeping cabins are arranged around a gathering area with picnic tables, a firepit, and 30' event tent.
Location Description
Butterfield Island is located on Nicatous Lake in central Maine. The property is an hour from teh city of Bangor which features all modern amenities including large stores, restaurants, hospitals, and Bangor International Airport. Only 30 minutes away is the town of Lincoln with all basic amenities. A pontoon boat conveys with the property, along with a boat house with parking on the mainland making the island easier to access.
Current and Prior Use
Currently used as a private family retreat, the property has been rented to non-profit groups as a retreat center. Due to the owner's work schedule, they have turned away rental inquiries through Airbnb and VRBO.
Year Built
1926
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
Taxes, insurance, maintenance, and any costs incurred with the use of a caretaker.
Listing Info
ID:
2399406
Listing Views:
553
Attached DocumentsAttachment Disclaimer

2025 Personal property improvement list Butterfield Island.pdf

Butterfield ad for Biz,Buy, Sell.docx

Butterfield Island Summer:Winter logo.docx

Business Location

Contact Seller

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Property Listed by: John Colannino

Listing ID: 2399406 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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