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Bean Group
Offered at $550,000Active
beds
3
baths
2
sq ft
2,054
Built
1970

17 & 22 MG Lane

Arundel, ME 04046

About this home

Investors Take Notice!!! This is a terrific opportunity to renovate or start anew in this 25+ acre wooded property graced by Goff Brook, a gurgling stream, in the town of Arundel! This charming property consists of 2 parcels, one of 22.5 acres and the other, 3 acres. It includes a 3 bedroom, 2 bath Colonial in need of repair, as well as a tear-down bungalow and compromised barn. Both parcels are being conveyed together to the savvy investor, private developer or farmer, with a vision for the endless possibilities it provides. All showings must be accompanied.

Listing last checked: Listing updated:

Listed by Listing Agent · RE/MAX Realty One · MLS #1685933

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Details at a glance

Interior5 property facts
Rooms
6
Heating
Oil, Forced Air
Cooling
None
Flooring
Other, Wood
Fireplaces
0
Building4 property facts
Style
Single Family Residence
Year built
1970
Garage
0
Roof
Shingle
Land & utilities4 property facts
Lot size
25.75 acres
Water
Private, Well
Sewer
Private Sewer
Zoning
R-2
Financial2 property facts
Annual taxes
$5,231
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $550,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,217 / monthAdjust
Principal & interest
$2,781
Property tax
$436
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $5,231. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 17 & 22 MG Lane

Can I request a private showing?

Request a tour of 17 & 22 MG Lane and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.