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Bean Group
Offered at $585,000Pending
beds
4
baths
3
sq ft
2,732
Built
1967

47 Chase Road

Baileyville, ME 04694

About this home

Please note: This property is being offered in two different configurations. MLS #1649548 includes the home, barn, and additional 1.97-acre parcel. MLS #1671134 is offered at a lower price(499k) and does not include the barn or the additional 1.97 acres. This beautiful waterfront setting is now offered at a new, more attractive price! A great opportunity for the right owner to make their lakefront dream a reality. Welcome to Meddybemps Lake in Downeast Maine--an iconic 6,500-acre lake with more than 10 miles of pristine freshwater, celebrated for its natural beauty and exceptional smallmouth bass fishing. This spacious lakefront home offers room to gather, relax, and make lasting memories. A charming stone-faced exterior pairs with an expansive deck running the full length of the home, offering stunning water views. Inside, the open-concept living space centers on the original stone fireplace, creating a warm, inviting focal point. The upper level features three bedrooms and a full bath, while the main level offers a private primary suite with its own bath. The walkout basement extends the living area even further with a large family or game room, a half bath, and an office--ideal for hosting guests or working remotely. Set on three private acres, the property also includes a detached two-car garage and an impressively large 30x30 barn, offering ample space for storage, hobbies, or recreational equipment. Enjoyed as a family home for many years, the home was completely rebuilt in 1967 and has benefited from numerous thoughtful updates. Recent improvements include updated and new electrical (2025), a brand-new leach field (2025), newer appliances, a sliding glass door, and a durable metal roof. This exceptional lakefront property is ready to welcome its next chapter--where mornings begin on the deck, days are spent on the water, and memories are made for generations to come. Some photos have been virtually staged and/or AI-enhanced for marketing purposes.

Listing last checked: Listing updated:

Listed by Listing Agent · Realty of Maine · MLS #1649548

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Details at a glance

Interior5 property facts
Rooms
10
Heating
Oil, Baseboard, Zoned, Wood Stove
Cooling
None
Flooring
Carpet, Other, Linoleum
Fireplaces
1
Building5 property facts
Style
Single Family Residence
Year built
1967
Garage
6
Foundation
Poured Concrete
Roof
Metal
Land & utilities5 property facts
Lot size
3.05 acres
Water
Private, Well
Sewer
Private Sewer, Septic Tank
Waterfront
Y
Zoning
01
Financial2 property facts
Annual taxes
$6,979
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $585,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,540 / monthAdjust
Principal & interest
$2,958
Property tax
$582
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $6,979. 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 47 Chase Road

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Request a tour of 47 Chase 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.