J
Seller's Agent in 2024
Jacqueline Sawyer
Meservier & Associates
(207) 749-6849
3 in this area
55 Total Sales
156 Five Seasons Rd Mount Vernon, ME 04352
Estimated Value: $464,000 - $1,677,000
14
Beds
3.5
Baths
6,800
Sq Ft
$165/Sq Ft
Est. Value
Highlights
- 1,500 Feet of Waterfront
- 60.84 Acre Lot
- Clubhouse
- Home fronts a pond
- Colonial Architecture
- Wooded Lot
About This Home
As of February 2024Opportunities await at this historic and expansive property located on the shores of Torsey Lake in the heart of the Belgrade Lakes region. Previously known as Five Seasons Resort, this property boasts a 14-bedroom lodge with a grand room, three stone mason fireplaces, a large dining room and commercial kitchen. Additionally, there is a recreation hall which was once used as a general store and game room with multi-stall bathrooms and showers. With 60.84 acres of possibility, the property has trails throughout and has expansive water frontage both on the private Trout Pond as well as over 500' of level, sandy water frontage on Torsey Pond. Located just a short drive from the quaint village of Readfield with Kent's Hill School, 20 minutes from the prestigious Belgrade Lakes Golf Club, and only 20 minutes outside of Augusta, this property has both convenience and the serenity desired with a true get-a-way property. With town approval, this property can be redesignated as commercially zoned and is ready for it's next chapter. The property also comes with 5 partially constructed cabins that are designed with 2 bedrooms and bathroom. cabins are currently offsite but will be delivered prior to closing. Bring your ideas and arrange for your exclusive showing today. Seller is highly motivated to move this property and willing to consider owner financing. This property is also being offered in combination with 169 Five Seasons Rd (MLS#1568428) which adds 2.8 acres including a newly built 3bd/3ba single family home. The combined listing is offered at $2,000,000
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,271
Year Built
- Built in 1925
Lot Details
- 60.84 Acre Lot
- Home fronts a pond
- 1,500 Feet of Waterfront
- Lake Front
- Property fronts a private road
- Dirt Road
- Rural Setting
- Level Lot
- Open Lot
- Wooded Lot
- Suitable for Bed and Breakfast
Parking
- Gravel Driveway
Property Views
- Water
- Scenic Vista
Home Design
- Colonial Architecture
- Cottage
- Camp Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 6,800 Sq Ft Home
- Furnished
- Ceiling Fan
- 3 Fireplaces
- Living Room
- Dining Room
Kitchen
- Built-In Oven
- Gas Range
- Microwave
- Formica Countertops
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 14 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- En-Suite Primary Bedroom
- Bathtub
- Shower Only
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Interior and Exterior Basement Entry
- Crawl Space
Outdoor Features
- Outbuilding
- Porch
Utilities
- Central Air
- Radiator
- Heating System Uses Gas
- Heating System Uses Propane
- Baseboard Heating
- Private Water Source
- Well
- Electric Water Heater
- Private Sewer
- Internet Available
Community Details
- No Home Owners Association
- Clubhouse
Listing and Financial Details
- Tax Lot 069
- Assessor Parcel Number MTVR-000010-000000-000069-R000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2023
Closed on
Jan 31, 2024
Sold by
Nmt Properties Llc
Bought by
Robert Nathan Llc
Seller's Agent
Jacqueline Sawyer
Meservier & Associates
Buyer's Agent
Chris Vallee
LAER
List Price
$2,600,000
Sold Price
$1,100,000
Premium/Discount to List
-$1,500,000
-57.69%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,210
Avg. Annual Appreciation
0.85%
Original Mortgage
$1,050,000
Outstanding Balance
$1,029,376
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,834
Purchase Details
Listed on
Feb 8, 2022
Closed on
Feb 23, 2022
Sold by
Gerow Diane E and Gerow Peter J
Bought by
Nmt Properties Llc
Seller's Agent
Linda Schultz
Portside Real Estate Group
Buyer's Agent
Jacqueline Sawyer
Meservier & Associates
List Price
$1,597,000
Sold Price
$1,500,000
Premium/Discount to List
-$97,000
-6.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.77%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Robert Nathan Llc | -- | None Available | |
| Robert Nathan Llc | -- | None Available | |
| Nmt Properties Llc | $1,500,000 | None Available | |
| Nmt Properties Llc | $1,500,000 | None Available | |
| Nmt Properties Llc | $1,500,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Robert Nathan Llc | $1,050,000 | |
| Closed | Robert Nathan Llc | $1,050,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/01/2024 02/01/24 | Sold | $1,100,000 | -57.7% | $162 / Sq Ft | |
| 12/29/2023 12/29/23 | Pending | -- | -- | -- | |
| 09/17/2023 09/17/23 | For Sale | $2,600,000 | +73.3% | $382 / Sq Ft | |
| 02/23/2022 02/23/22 | Sold | $1,500,000 | -6.1% | $221 / Sq Ft | View Prior Sale |
| 02/08/2022 02/08/22 | Pending | -- | -- | -- | |
| 02/08/2022 02/08/22 | For Sale | $1,597,000 | -- | $235 / Sq Ft |
Source: Maine Listings
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,882 | $280,100 | $37,100 | $243,000 |
| 2023 | $11,649 | $613,100 | $76,000 | $537,100 |
| 2022 | $5,226 | $282,500 | $39,500 | $243,000 |
| 2021 | $4,663 | $282,600 | $39,600 | $243,000 |
| 2020 | $4,977 | $284,400 | $41,400 | $243,000 |
| 2019 | $7,301 | $416,000 | $173,000 | $243,000 |
| 2018 | $7,114 | $416,000 | $173,000 | $243,000 |
| 2017 | $7,114 | $416,000 | $173,000 | $243,000 |
| 2014 | $6,323 | $416,000 | $173,000 | $243,000 |
| 2008 | -- | $364,300 | $20,900 | $343,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jacqueline Sawyer
-
Chris Vallee
Buyer's Agent in 2024
Chris Vallee
LAER
(207) 620-2753
2 in this area
130 Total Sales
-
Linda Schultz
L
Seller's Agent in 2022
Linda Schultz
Portside Real Estate Group
(207) 215-9805
6 in this area
36 Total Sales
Map
Source: Maine Listings
MLS Number: 1558900
APN: MTVR-000010-000000-000069-R000000
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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