About this home
HUGE PRICE REDUCTION! Distinguished Turnkey Estate Adjacent to UMaine Campus - Orono, ME Discover an exceptional opportunity to own a fully furnished, turn-key compound adjacent to the University of Maine campus. This rare .9-acre property features a beautifully renovated 5-bedroom, 3.5 bath main residence (2018 renovation with premium finishes throughout) plus two authentic log cabins--ideal for rentals, guest housing or storage. Property Highlights: • 5 spacious bedrooms & 3.5 bathrooms in the main house. • Renovated in 2018 with high-end materials and modern design. • Two charming FULLY FURNISHED log cabins with rustic appeal and income potential. • All three buildings offered fully furnished--just bring your keys. • Prime location adjacent to UMaine campus, perfect for faculty, students or short-term guests. • Expansive .9-acre lot offering privacy, convenience and charm. Whether you're seeking a multi-unit investment, a family compound, or a unique blend of luxury and rental income, this property delivers unmatched value and versatility in one of Orono's most desirable locations. ALSO LISTED AS MLS# 1654671 New owner can sell one or both cabins, as they are able to be prepared and moved off this site by a professional home mover.
Listing last checked: Listing updated:
Listed by Listing Agent · ERA Dawson-Bradford Co. · MLS #1643690
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Details at a glance
Interior5 property facts
- Rooms
- 10
- Heating
- Electric, Baseboard, Hot Water
- Cooling
- None
- Flooring
- Carpet, Tile, Wood, Vinyl
- Fireplaces
- 0
Building4 property facts
- Style
- Single Family Residence
- Year built
- 1900
- Foundation
- Stone
- Roof
- Metal, Shingle
Land & utilities4 property facts
- Lot size
- 0.9 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- Residential
Financial2 property facts
- Annual taxes
- $9,294
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $687,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,248 / monthAdjust
- Principal & interest
- $3,474
- Property tax
- $775
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $9,294. 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 148 College Avenue
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