Newly Built!! 3BD 1BA with water access to Rangeley Lake nestled in the highly desirable area of The Overlook. This chalet-style residence sits on a level almost one acre lot with filtered views of Rangeley Lake. Enjoy the low taxes as this property sits in Sandy River Plantation and Rangeley line is a rock throw away. The open-concept kitchen and living area is designed for both functionality and style, featuring granite countertops, convenient bar island area, and smart stainless steel appliances. With over 2200 sq ft of living space and cathedral ceiling, this home provides ample room for relaxation and entertainment. It offers two large bedrooms on the first floor, one large full bathroom also on first floor and large loft area that can be used as bedrooms or entertainment area. For added flexibility, the detached garage is a standout feature. It provides endless possibilities whether for hobbies, storage, or even converting into additional living space. This property also has rights with water access to Rangeley lake. Water access is maintained by association HOLA which maintains a nice swimming area, boat launch and a place to keep a small boat, kayak or canoe racks, bathrooms, picnic tables etc. Outdoor enthusiasts will love the direct snowmobile and atv access. Saddleback mountain is a 7 mile drive. This is a rare opportunity to own a distinctive property in a tranquil location, offering unmatched amenities and charm at an exceptional value.