LIMERICK – Wouldn’t it be cool to own an island?

Here’s your chance. This brand-new home sits on 4.5 private  acres that have 741 feet of waterfront, and include a just-offshore 1.5-acre island on the west side of Lake Arrowhead.

Year-round recreational opportunities abound here, on the lakefront and in the surrounding area; while membership in the Lake Arrowhead Community association provides more amenities (clubhouse, pool, etc.; see www.lacinc.org for more information).

And the house? A quality-built, 2017-modern ranch with great appeal for a family, or down-sizers, or for anyone who would cherish an effectively maintenance-free home in a lovely, woodsy, waterfront Maine setting.

The heart of the home is a huge, open-concept great room with a cathedral ceiling. An 8-foot, granite island subtly divides dining and living areas, but the space is flexible enough to allow for different dining areas, for example. The kitchen has stainless-and-black appliances, birch cabinetry, and pretty pendant lights over the island and the undermount sink.

Oversized windows usher in generous light. Flooring is 5-inch oak. A gas fireplace is framed in marble tile and a handsome mantel with both dentil and bullseye molding. French doors open out to a large deck facing the water.

Like the great room, all three bedrooms have ceiling fans. A full bath with tub serves bedrooms two and three; the master has an ensuite bath, and its double closet is extra-large.

The full basement is a high-ceilinged expanse with a utility side that could house a workshop very nicely; and an open side that invites finishing to create a family/recreation room, etc. Oil heat is two-zone. Off-street parking is ample, and there is plenty of room to add a garage.

The 1,232-square-foot home at 4 Dragonfly Circle, Limerick, is listed for sale at $325,000 by Diane Gray of The Maine Real Estate Network (Waterboro office) and is being shown by appointment. Taxes are TBD. There is an annual association fee of $1,017.

For more information or to arrange a private viewing, please contact Diane at 632-1943 or at graysofmaine@hotmail.com.

The Friday feature home is produced by the Marketing Department of the Portland Press Herald. Photos by Mike Shaw for MaineVirtualHomeTours.com. Please send feature home suggestions to jrolfe@pressherald.com.