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Offered at $465,000Active
beds
0
baths
1
sq ft
1,671
Built
2015

8 Ellingwood Mountain Road

Bethel, ME 04217

About this home

An exceptional opportunity to create the home you've always envisioned! With a newly reduced price, this property offers an affordable renovation opportunity and the chance to build substantial equity while designing a home tailored to your lifestyle. This thoughtfully designed, well-built four-bay garage provides the perfect foundation for conversion into a stunning custom residence. The heated two-bay section already includes two overhead doors, a half bath with shower, and a reinforced floor designed to accommodate a vehicle lift. Two additional unheated bays offer excellent potential for expanded living space, a workshop, recreational storage, or guest accommodations. The unfinished second floor is a blank canvas ready for your vision--create a spacious primary suite, additional bedrooms, a great room, home office, studio, or whatever best suits your needs. Set on a beautifully landscaped lot with paved access around the rear of the building, the property offers both privacy and convenience. A drilled well and septic system are already in place, and the solar panel system feeds directly into Central Maine Power, resulting in virtually no electric bills while providing approximately $5,000-$6,000 in valuable solar energy credits. Located just minutes from town in a peaceful setting, this unique property combines quality construction, modern efficiency, and tremendous potential. The new pricing makes this an outstanding value for buyers seeking an affordable renovation project with the added benefit of significant annual solar credits.

Listing last checked: Listing updated:

Listed by Listing Agent · Mahoosuc Realty, Inc. · MLS #1654020

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Details at a glance

Interior5 property facts
Rooms
4
Heating
Propane
Cooling
None
Flooring
Concrete
Fireplaces
0
Building4 property facts
Style
Single Family Residence
Year built
2015
Garage
4
Roof
Metal
Land & utilities4 property facts
Lot size
2.12 acres
Water
Private, Well
Sewer
Private Sewer
Zoning
None
Financial3 property facts
Annual taxes
$2,534
Assessment year
2025
HOA fee
$0 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $465,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,562 / monthAdjust
Principal & interest
$2,351
Property tax
$211
Insurance
Not entered
HOA
$0

Listing annual taxes: $2,534. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.

Partial estimate: add insurance 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 8 Ellingwood Mountain Road

Can I request a private showing?

Request a tour of 8 Ellingwood Mountain 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.