About this home
5.2-acre waterfront parcel in Medway with +/- 400' of frontage on the West Branch of the Penobscot River. Located on a quiet dead-end road just 5 minutes from I-95 and a short drive to Millinocket, with Baxter State Park and Mount Katahdin nearby. Flexible residential/commercial zoning offers endless potential for a private retreat, investment property, or commercial venture. State-approved for up to 4 mobile home sites. Two existing tenant-owned homes on a month-to-month lot lease generating monthly income, with option to continue, expand, or remove and redevelop the site. Prime location for outdoor recreation including fishing, hunting, boating, hiking, and snowmobiling. A rare opportunity to own versatile waterfront land in a high-demand recreational area at the gateway to the North Maine Woods.
Listing last checked: Listing updated:
Listed by Listing Agent · ERA Dawson-Bradford Co. · MLS #1658858
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Details at a glance
Building1 property facts
- Style
- Other
Land & utilities5 property facts
- Lot size
- 5.2 acres
- Water
- Private, Well
- Sewer
- Private Sewer
- Waterfront
- Y
- Zoning
- Res. & Commercial
Financial2 property facts
- Annual taxes
- $796
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $154,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$850 / monthAdjust
- Principal & interest
- $783
- Property tax
- $66
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $796. 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 Lot 19B Old Farm Road
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Request a tour of Lot 19B Old Farm Road and a Bean Group agent will help coordinate an available time with the listing side.
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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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