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Bean Group
Offered at $500,000Under Contract
beds
4
baths
2
sq ft
1,786
Built
1985

291 Penney Road

New Gloucester, ME 04260

About this home

Set on 3.1 beautifully landscaped acres in New Gloucester, this meticulously maintained 4-bedroom, 2-bath home offers the perfect balance of privacy, functionality, and the charm of country living. Surrounded by mature trees and abundant wildlife, the property provides a peaceful setting while remaining conveniently located to nearby amenities and commuter routes. Inside, you'll find a warm, inviting interior with a thoughtfully designed layout that blends open living spaces with just the right amount of separation, creating comfortable spaces for both everyday living and entertaining. Lovingly cared for and truly turnkey, this home is ready for its next owner to move in and make it their own. Outside is where this property truly shines. The oversized 3-car garage is complemented by an attached workshop are and bonus storage space above, providing exceptional space for hobbies, projects, equipment, or recreational vehicles. The charming barn stalls present endless possibilities, whether you're looking to accommodate livestock, create a gardening or hobby space, design the perfect workshop, or transform it into a cozy she shed or studio. An additional storage shed adds even more versatility to this already impressive property. Whether you're dreaming of homesteading, pursuing new hobbies, or simply enjoying the beauty and tranquility of Maine, 291 Penney Road offers the space, flexibility, and lifestyle to make it possible.

Listing last checked: Listing updated:

Listed by Listing Agent · Hearth & Key Realty · MLS #1675763

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Details at a glance

Interior5 property facts
Rooms
8
Heating
Propane, Wood, Forced Air, Wood Stove
Cooling
Window Unit(s)
Flooring
Tile, Vinyl, Wood
Fireplaces
2
Building5 property facts
Style
Single Family Residence
Year built
1985
Garage
3
Foundation
Poured Concrete
Roof
Shingle
Land & utilities4 property facts
Lot size
3.1 acres
Water
Private, Well
Sewer
Private Sewer, Septic Tank
Zoning
Rural Residential
Financial2 property facts
Annual taxes
$3,986
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $500,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,860 / monthAdjust
Principal & interest
$2,528
Property tax
$332
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $3,986. 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 291 Penney Road

Can I request a private showing?

Request a tour of 291 Penney 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.