This rare 6.6-acre waterfront parcel on Chebeague Island delivers an extraordinary combination of privacy, acreage, and long-term potential. With the ability to create up to three lots, the property offers buyers meaningful flexibility--whether envisioning a single signature waterfront home or a phased plan that includes developing or selling upland parcels in the future. Few opportunities on Casco Bay provide this level of scale and versatility. Whether your plans are immediate or evolve over time, this property provides an exceptional setting to bring your island vision to life. Stretching from North Road to the shores of Casco Bay, this property features approximately 150 feet of tidal waterfront, panoramic water views, and a private sandy beach with gently sloping access to the shore. With frontage on North Road and a deeded right-of-way from Pond Road, the property provides multiple access points and strong development versatility. Recent soils testing identified several suitable building sites capable of supporting 5-bedroom single-family homes. Chebeague Island offers a vibrant year-round community served by two ferry lines, along with seasonal amenities including a sailing school, golf and tennis, a gift shop and bakery, and an inn offering fine dining.