The first recorded settler in Masardis was Thomas Goss, who came from Danville (now Auburn) with his family in 1833, building a homestead on the western bank of the Aroostook River opposite the mouth of the St. Croix Stream. Others followed soon after.
In 1839, a fort was built where the St. Croix joined the Aroostook River to house troops who were stationed there during the Aroostook War. Masardis was incorporated on March 21 of that year, from the township T10 R5 WELS.
Masardis is located just south of Ashland along Maine Route 11, with access to nearby Squa Pan Lake.
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