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Bean Group
Offered at $1,600,000Active
beds
4
baths
3
sq ft
2,650
Built
1920

188 Rumford Road

Rangeley, ME 04970

About this home

A rare opportunity to own a versatile Rangeley Lake waterfront package featuring a main home, separate guesthouse, garage, and an additional building lot across the road. Located just minutes from Oquossoc, this property offers the perfect combination of waterfront living, convenience, and investment potential. The level lawn leading to the water creates an inviting setting for outdoor games, gatherings, and relaxing summer days by the lake. A permanent dock makes getting out on the water effortless, whether you're heading out for a day of boating, fishing, swimming, or simply enjoying the spectacular Rangeley Lake scenery. One of the property's standout features is the four-season glassed-in patio, complete with a beautiful fieldstone fireplace. This inviting space provides the perfect setting for entertaining family and friends in comfort year-round, while taking in the natural beauty of the Rangeley region and extending the enjoyment of the waterfront through every season. A second-floor balcony also offers amazing lake views—the perfect spot to enjoy your morning coffee, unwind at the end of the day, and take in the beauty of Rangeley Lake. With multiple living spaces and the added flexibility of a separate guesthouse and additional building lot, this property is well suited for a large family, two-family ownership arrangement, or an investor seeking an exceptional vacation rental opportunity. The convenient location puts restaurants, groceries, recreation, and other Oquossoc amenities close at hand. For winter enthusiasts, the property also offers direct snowmobile access onto the cove, providing easy access to the extensive trail system. Opportunities to acquire a package with this combination of Rangeley Lake waterfront, level lawn, permanent dock, multiple structures, and an additional building lot are hard to find. Come experience this exceptional waterfront property for yourself and schedule your private showing today!

Listing last checked: Listing updated:

Listed by Listing Agent · Morton & Furbish Agency · MLS #1680253

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Details at a glance

Interior5 property facts
Rooms
10
Heating
Propane, Baseboard
Cooling
Wall Unit(s)
Flooring
Carpet, Hardwood
Fireplaces
2
Building5 property facts
Style
Single Family Residence
Year built
1920
Garage
1
Foundation
Block
Roof
Metal
Land & utilities5 property facts
Lot size
1.08 acres
Water
Private, Well
Sewer
Private Sewer
Waterfront
Y
Zoning
Shoreland
Financial2 property facts
Annual taxes
$6,780
Assessment year
2027

Location

Estimated monthly cost

Explore costs at the $1,600,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$8,655 / monthAdjust
Principal & interest
$8,090
Property tax
$565
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $6,780. 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 188 Rumford Road

Can I request a private showing?

Request a tour of 188 Rumford 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.