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Offered at $74,900Active
beds
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baths
0
sq ft
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Built
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Lot 5-9 Grindstone Road

Medway, ME 04460

About this home

Discover the rare opportunity to own **9± surveyed acres with 525± feet of frontage on the East Branch of the Penobscot River** in scenic Grindstone Township, Maine. This unique property offers private river access plus a separate buildable parcel across the road, all with year-round access on a paved state-maintained highway. The land is divided by Route 11, with approximately **1.75± acres on the river side** and the balance directly across the road. The riverfront parcel provides easy access for fishing, canoeing, kayaking, campfires, seasonal camping, or parking a self-contained RV. With 525± feet of frontage, there is plenty of room to enjoy one of Maine's great rivers. Across the road, the larger upland parcel is wooded, private, and well suited for a cabin, seasonal retreat, or year-round home. Electric power is available on **both sides of the road**, making future development easier and more affordable. The terrain is generally level with sandy and gravelly loam soils common to the area. The property has seen minimal harvesting in recent years, leaving a healthy mix of mature hardwood and softwood trees. A few old apple trees and openings hint at former homestead use. The East Branch is legendary for its beauty, cold clean water, wildlife, paddling, and fishing. Much of the upriver shoreline remains undeveloped and protected by conservation lands, preserving the wild character of this remarkable watershed. It is increasingly rare to find privately owned frontage connected to such an unspoiled river. Nearby recreation includes boating, snowmobiling, ATV riding, hunting, and easy access to Baxter State Park, Katahdin Woods & Waters National Monument, and the **Penobscot River Trails**, offering miles of hiking, biking, and Nordic skiing. Located in **low-tax Grindstone Township**, this property offers attractive long-term ownership costs. Call today before this one flows on by.

Listing last checked: Listing updated:

Listed by Listing Agent · Keller Williams Realty · MLS #1660278

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Details at a glance

Building1 property facts
Style
Other
Land & utilities5 property facts
Lot size
9 acres
Water
None
Sewer
None, Septic Needed
Waterfront
Y
Zoning
D-RS
Financial2 property facts
Annual taxes
$502
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $74,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$421 / monthAdjust
Principal & interest
$379
Property tax
$42
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $502. 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 5-9 Grindstone Road

Can I request a private showing?

Request a tour of Lot 5-9 Grindstone 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.