Scarborough campground sold to out-of-state buyer
Maine’s Long‑Standing Wassamki Spring Campground Sold to Out‑of‑State Investor for $6 Million
A 78‑acre family‑owned campground spanning parts of Scarborough and Gorham was sold last month to a buyer from outside the state, bringing the popular water‑front site into new hands. The transaction closed in August 2026 for a reported $6 million, a price that underscores the value of Maine’s natural recreational assets.
The Wassamki Spring Campground, located at 56 Saco Street, boasts 261 campsites, a private spring‑fed pond, and a one‑mile stretch of sandy beach. The facility operates seasonally from May 1 through October 15, offering a blend of rustic camping and waterfront leisure that has drawn families and outdoor enthusiasts for generations.
A Generational Legacy
The Hillock family, who have owned the property for several decades, managed the campground as a family business. The sale was arranged through William A. Hillock Corp., the family’s corporate vehicle, with the assistance of The Boulos Company—a commercial real‑estate firm based in Maine that specializes in the sale of large parcels and resort‑style properties. According to a press release from The Boulos Company, the Hillocks had kept the sale process confidential, and the property was not publicly listed before the transaction was finalized.
Confidential Process and Anonymous Buyer
The buyer, whose identity has not been disclosed, was formed as a limited liability company specifically for the purchase. The Boulos Company emphasized that the buyer’s anonymity was part of a broader strategy to protect both parties’ interests during the negotiation and closing process.
“We chose not to disclose the buyer’s name publicly to respect privacy and maintain a smooth transaction,” said a spokesperson from The Boulos Company in a statement released shortly after the sale. “The Hillock family and the new owners remain committed to preserving the character of the campground.”
Future Plans for the Campground
In its statement, the new owners expressed enthusiasm for the property’s potential. “The new ownership plans to invest significant capital into renovating the property and intends to keep Wassamki Springs running as a campground for the foreseeable future,” the press release read. While no specific renovation plans have been outlined, the statement signals an intent to upgrade facilities while maintaining the site’s traditional camping experience.
Community reactions have been largely positive. Several longtime residents who have spent holidays at the campground expressed relief that the site will remain open, citing its role in the local economy and its appeal to tourists from neighboring states. “It’s a place where people come to relax and enjoy nature,” one resident said. “Knowing it will stay in operation gives us all a sense of continuity.”
Economic and Recreational Significance
Wassamki Spring Campground’s location near the Saco River and its ample water access make it a sought‑after destination for campers seeking freshwater fishing, kayaking, and scenic walks. The one‑mile sandy beach provides a unique feature for Maine’s inland campsites, setting the property apart from many other regional options.
The sale’s $6 million price tag reflects both the acreage and the developed amenities, including the spring‑fed pond and the well‑maintained campsites. Analysts suggest that such high‑value transactions indicate growing interest in Maine’s natural tourism infrastructure, especially as the state continues to promote outdoor recreation as a driver of regional economic growth.
Looking Ahead
While the new owners have yet to announce a timeline for renovations or any changes to operational hours, they have pledged to keep the campground’s seasonal schedule intact. The community will be watching closely as the transition unfolds, hopeful that the investment will enhance the experience for future campers while preserving the heritage that has made Wassamki Spring Campground a beloved Maine destination for generations.
