About this home
Resting on approximately 2 acres with 200 feet of frontage on beautiful Graham Lake, 500 Morrison Farm Road offers a unique opportunity to enjoy lakeside living surrounded by natural beauty. This 2 bedroom, 2 bathroom loft style home features a spacious layout, including a large unfinished bonus room above the attached 2 car garage that provides flexibility for a variety of uses. The home includes a full walkout basement facing the lake, offering abundant storage and additional space to suit your needs. A large deck overlooks the water, creating the perfect setting to enjoy panoramic lake views, colorful flower gardens, and the sights and sounds of local wildlife, including loons and eagles. Outdoor enthusiasts will appreciate the excellent bass fishing and the peaceful setting that makes this property an ideal retreat. The generous floor plan and separate living areas may offer potential for extended household arrangements, guest accommodations, or other permitted uses, subject to buyer verification and local regulations. Whether you are looking for a year round residence or a waterfront getaway, this property combines privacy, natural beauty, storage space, and direct lake access in a tranquil setting. Enjoy the best of Maine lakefront living.
Listing last checked: Listing updated:
Listed by Listing Agent · Better Homes & Gardens Real Estate/The Masiello Group · MLS #1668806
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Details at a glance
Interior5 property facts
- Rooms
- 7
- Heating
- Oil, Baseboard, Hot Water
- Cooling
- None
- Flooring
- Carpet, Laminate, Linoleum
- Fireplaces
- 1
Building5 property facts
- Style
- Single Family Residence
- Year built
- 1999
- Garage
- 2
- Foundation
- Poured Concrete
- Roof
- Composition, Shingle
Land & utilities5 property facts
- Lot size
- 2.1 acres
- Water
- Private, Well
- Sewer
- Private Sewer, Septic Tank
- Waterfront
- Y
- Zoning
- Residential/Shorelan
Financial2 property facts
- Annual taxes
- $3,680
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $525,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,961 / monthAdjust
- Principal & interest
- $2,655
- Property tax
- $307
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $3,680. 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 500 Morrison Farm Road
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Request a tour of 500 Morrison Farm 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?
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