South of Basin Brook, the Cold River briefly enters New Hampshire near the village of North Chatham, then veers back into Maine, flowing south-southeast in the town of Stow through an ever-widening valley. The Little Cold River enters from the west near the village of Stow. The Cold River ends at Charles Pond in the northern corner of Fryeburg. Water flows from Charles Pond via the short Charles River, entering the Old Course of the Saco River and eventually the Saco itself south of Kezar Pond.
^U.S. Geological Survey. National Hydrography Dataset high-resolution flowline data. The National MapArchived 2016-06-30 at the Wayback Machine, accessed June 30, 2011