Rumors of a wealthy landowner swirl after hiking land closes near Moosehead Lake

Rumors of a wealthy landowner swirl after hiking land closes near Moosehead Lake

HousingThis section of the BDN aims to help readers understand Maine’s housing crisis, the volatile real estate market and the public policy behind them. Read more Housing coverage here. Rumors of a super-wealthy landowner are circulating after a newcomer closed a prime piece of hiking land along Moosehead Lake and began building a large waterfront home. “It’s what everyone is wondering,” said Joe Babbitt, the Select Board chair in Beaver Cove, …