47 Acres with over 400 feet of frontage on Little Ossipee River/Lake Arrowhead and has development potential with approx. 3,740 feet of paved road frontage! Lots require 62,500 sq ft and 175 feet of road frontage. Water frontage is near the dam and boat launch and could give a couple of waterfront lots or access for back lots. There is an old dug well on Doles Ridge Road in the corner of the lot that the seller says has never run dry in a drought. It has not been used for some years, so it would need to be checked out. There is a field on the corner of Doles Ridge Road and New Dam Road and then going down New Dam Road it is mostly wooded with some partially cleared areas. There is a small area of wetlands, but mostly good ground. In the late '1800's there was a cider mill on the upper corner of New Dam & Doles Ridge. Several Uses besides Residential like Campground, Mobile Home Park, Bed & Breakfast & more. Come and find your Dream here!