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Offered at $725,000Active
beds
—
baths
0
sq ft
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Built
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M3L003B Main Street

Hanover, ME 04237

About this home

A Rare Riverfront Investment Opportunity in Western Maine! Discover the possibilities at The Sunflower Lot, an impressive 33.68-acre property in Hanover, Maine, featuring approximately 1,800 feet of frontage along the beautiful Androscoggin River. Comprised of Hanover Tax Map 003, Lots 3B, 3D, and 4, this unique offering presents an exceptional opportunity for investors, developers, or those looking to secure a substantial piece of Maine's scenic riverfront. Adding to its investment potential, the property includes an approved 10-lot subdivision, with designated community water access on Lot 3B. The property is also believed to contain gravel, offering another potential avenue of value for the savvy investor. Conveniently located near Bethel and the popular Sunday River Ski Resort, The Sunflower Lot offers an appealing combination of recreational access, natural beauty, and development potential. Whether you envision residential development, a recreational retreat, or another investment opportunity, this expansive riverfront parcel offers plenty of possibilities. With substantial river frontage, an approved subdivision, and a desirable location in the heart of Western Maine's four-season recreation destination, The Sunflower Lot is an opportunity worth exploring!

Listing last checked: Listing updated:

Listed by Listing Agent · RE/MAX At Home · MLS #1686444

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Details at a glance

Building1 property facts
Style
Other
Land & utilities5 property facts
Lot size
33.68 acres
Water
Well Needed on Site
Sewer
Septic Needed
Waterfront
Y
Zoning
Shoreland
Financial2 property facts
Annual taxes
$1,343
Assessment year
2023

Location

Estimated monthly cost

Explore costs at the $725,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,778 / monthAdjust
Principal & interest
$3,666
Property tax
$112
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $1,343. 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 M3L003B Main Street

Can I request a private showing?

Request a tour of M3L003B Main Street 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.