$140,000
SOLD JUL 1, 2016

11 Terrace Way Unit 6 Rangeley, ME 04970

2 Beds
1 Bath
630 Sq Ft
1.6 Acres

Recently Sold

$222 Per Sq Ft

5% Below List Price

344 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Docks
  • Wooded Lot
  • 360 Feet of Waterfront
  • Country Club
  • Cathedral Ceiling

About This Home

As of September 2023

Rangeley Lake. 2 BR, 1 BA cabin. Yearly assn fee/$2800 pays taxes, insurance, grounds maintenance, internet, electric. Westerly sunsets, fire pits, 3 docks, 360' of lake front, private mooring. Great swimming & fishing. Be on the big lake at a small cost. Adorable, cozy cabin. 2nd bedroom on lower level. Completely renovated in 2010 top to bottom. A jewel of a camp! Cottage community of 7 cabins. Great rental history. New plumbing, roof, electric, & windows. 3 season use. Outstanding cabin! Spectacular view.

Last Agent to Sell the Property

Carolyn Smith

Morton & Furbish Agency

Last Buyer's Agent

Carolyn Smith

Morton & Furbish Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $560

Year Built

  • Built in 1950

Lot Details

  • 1.6 Acre Lot
  • 360 Feet of Waterfront
  • Lake Front
  • Seasonal Access to Property
  • Landscaped
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned Shoreland

HOA Fees

  • $233 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista
  • Woods
  • Mountain

Home Design

  • Cottage
  • Camp Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Furnished
  • Cathedral Ceiling
  • Living Room
  • Wood Flooring
  • Walk-Out Basement

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Formica Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Deep Water Access
  • Mooring
  • Docks
  • Outbuilding
  • Porch

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Water Heated On Demand
  • Septic System
  • Private Sewer
  • High Speed Internet
  • Internet Available
  • Satellite Dish

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 11TerraceWayRangeleyPlt,Maine

Community Details

Recreation

  • Country Club

Additional Features

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$560

Year Built

Built in 1950

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.6
  • Road Surface Type: Paved
  • Water Body Name: Rangeley
  • MLS Status: Closed
  • Directions: From Rangeley, go south approximately 2.5 miles. Look for the brown sign on the right that says "The Terraces". Park in lot and head to down to the lake, look for cabin #6, near the lake.
  • Above Grade Finished Sq Ft: 480.0
  • Architectural Style: Camp, Cottage
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.6
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 480.0
  • Property Information:SqFt Finished Below Grade: 150.0
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 2800.0
  • Location Information:Fee Frequency Paid: Annually
  • Driveway:Common2: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Water Info:Waterfront Amount -: 360.0
  • Water Info:Water Frontage Owned -: 360.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Style:Cottage: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Style:Camp: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Satellite Dish: Yes
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • View:Mountain(s): Yes
  • Amenities:Furniture Included: Yes
  • Transportation:Deep Water Access: Yes
  • Recreational Water:Dock: Yes
  • Equipment:DSL: Yes
  • Primary Bedroom Amenities:Cathedral Ceiling4: Yes
  • Recreational Water:Beach Rights: Yes
  • Recreational Water:Boat Mooring: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range
  • Has Basement: Other, Walk-Out Access
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 150.0
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Storage
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Wooded, Near Golf Course, Near Shopping
  • View: Mountain(s), Scenic, Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Common, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2800.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 69696.0
  • Parcel #: 11TerraceWayRangeleyPlt,Maine
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 560.0
  • Tax Book Number: 2466
  • Tax Lot: 5
  • Tax Map Number: 29
  • Tax Year: 2014

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $270,000 -22.6% $540 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
06/24/2023 06/24/23 For Sale $349,000 +149.3% $698 / Sq Ft
07/01/2016 07/01/16 Sold $140,000 -4.8% $222 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
06/30/2015 06/30/15 For Sale $147,000 -- $233 / Sq Ft
Source: Maine Listings

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Source: Maine Listings

MLS Number: 1226211

Maine Listings

Maine Franklin County Rangeley 04970

11 Terrace Way Unit 6, Rangeley, ME

Homes for Sale in Rangeley, ME

This home is located at 11 Terrace Way Unit 6, Rangeley, ME 04970 and is currently priced at $140,000, approximately $222 per square foot. This property was built in 1950. 11 Terrace Way Unit 6 is a home located in Franklin County with nearby schools including Rangeley Lakes Regional School.

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