WATERBORO – Many homes have wraparound porches. But very few properties have wraparound waterfront. Here is one, on the southeastern shore of Lake Arrowhead, whose triple lot includes a sizable peninsula and 855-feet-plus of frontage, extending from cove to cove. With a dock, of course.

The year-round lakefront home is being sold furnished, and is offered at the eminently affordable price of $259,000.

Built in 1994, the immaculate home expands on the classic Cape floor plan: One one side is a beautifully finished sitting room with skylights in its cathedral ceiling; on the other, a three-season sunroom that looks out over the water. In between are a spacious, pretty kitchen, with stainless appliances and maple cabinetry, that is open to the living room, with a wood stove on a brick hearth, over a stone-topped half-wall. Down the hall are a full bath and a good-sized bedroom.

Up wide, oak stairs, the second floor is traditional-Cape-style: two big back-to-front bedrooms flanking a central bath with soaking tub.

The lower level provides finished space in the form of a cool, paneled, L-shaped recreation room with bar seating. Also daylight, the utility/workshop/laundry room has walkout to the back yard and outdoor shower.

By the water’s edge, there’s a storage shed for kayaks, etc., and a garage could also be added. As a rental, the waterfront Cape would bring $1,800 weekly in high season. The lot directly across the street, which is septic-ready and has 330 feet of water frontage, is also available, at $69,000. The combination of properties represents an idea opportunity for someone to establish a family compound.

Lake Arrowhead is renowned for its bass fishery, and club tournaments are held regularly. The association (Lake Arrowhead Community, Inc.) has two clubhouses, and offers a wide range of activities in every season, from tennis to swimming to ice fishing and snowmobiling.

The home at 48 Ash Court, Waterboro, is listed by Diane Gray of The Maine Real Estate Network. For more information or to arrange a private viewing, please contact Diane at 632-1943 or at graysofmaine@hotmail.com.

Produced by the Marketing Department of the Portland Press Herald, the Friday feature home is provided at no cost.

Photos by Melanie Sochan, staff photographer.

Send feature home suggestions to jrolfe@pressherald.com.