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Offered at $288,000Active
beds
3
baths
2
sq ft
1,270
Built
1957

501 Bear River Road

Newry, ME 04261

About this home

Rustic log cabin retreat with breathtaking mountain views and the very best of Western Maine at your doorstep! Blending rustic charm with modern updates, this inviting home features three bedrooms, two baths, including a primary suite with a private balcony overlooking the peaceful, wooded backyard. Enjoy a screened-in porch and open deck, perfect for taking in the surrounding natural beauty. Need some extra income? This property has been a wonderful and successful Airbnb for several years, with the numbers to prove its strong potential as a vacation rental investment. Carve out your own personal retreat while enjoying the income-producing opportunity this property can provide. An outdoor enthusiast's dream and a true gateway to year-round adventure, enjoy easy access to Sunday River skiing and golf, Grafton Notch State Park, hiking, snowmobiling, and endless four-season recreation. Whether you are seeking a peaceful escape, an active mountain lifestyle, or a proven investment opportunity, this true gem offers the opportunity to experience all that Western Maine has to offer.

Listing last checked: Listing updated:

Listed by Listing Agent · Better Homes & Gardens Real Estate/The Masiello Group · MLS #1678082

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Details at a glance

Interior5 property facts
Rooms
6
Heating
Wood, Other, Wood Stove
Cooling
None
Flooring
Carpet, Wood
Fireplaces
0
Building4 property facts
Style
Single Family Residence
Year built
1957
Foundation
Other
Roof
Shingle
Land & utilities4 property facts
Lot size
1.5 acres
Water
Private
Sewer
Private Sewer
Zoning
Res
Financial2 property facts
Annual taxes
$1,270
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $288,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,562 / monthAdjust
Principal & interest
$1,456
Property tax
$106
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $1,270. 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 501 Bear River Road

Can I request a private showing?

Request a tour of 501 Bear River 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.