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Bean Group
Offered at $450,000Active
beds
3
baths
1
sq ft
1,037
Built
1940

40 Albee Road

Augusta, ME 04330

About this home

Bring your vision and unlock the potential of this year-round waterfront cottage on beautiful Togus Pond. Situated on a .38-acre lot with approximately 90 feet of owned frontage, this property offers stunning water views and a gradual lawn leading to the shore, making it ideal for swimming, boating, and relaxing by the water. The home features a renovated kitchen, charming wood floors, and three bedrooms on the second floor. While additional improvements are needed, the property presents an excellent opportunity to create your dream waterfront retreat, seasonal getaway, or year-round residence. With great frontage, beautiful views, and endless potential, this is a rare chance to invest in a desirable waterfront location and make it your own.

Listing last checked: Listing updated:

Listed by Listing Agent · Rizzo Mattson · MLS #1667107

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Details at a glance

Interior5 property facts
Rooms
5
Heating
Oil, Wood, Forced Air, Other
Cooling
None
Flooring
Wood
Fireplaces
1
Building5 property facts
Style
Single Family Residence
Year built
1940
Garage
0
Foundation
Poured Concrete
Roof
Shingle
Land & utilities5 property facts
Lot size
0.38 acres
Water
Private, Well
Sewer
Holding Tank
Waterfront
Y
Zoning
SFR WATER MDL-01
Financial3 property facts
Annual taxes
$3,526
Assessment year
2026
HOA fee
$300 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $450,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,569 / monthAdjust
Principal & interest
$2,275
Property tax
$294
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $3,526. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $300. The billing period was not supplied; confirm the monthly amount before adding it.

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 40 Albee Road

Can I request a private showing?

Request a tour of 40 Albee Road 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.