Seller's Agent in 2024
John Colannino
AFM Real Estate
(207) 266-7355
138 Total Sales
Lot7 Point Rd Otis, ME 04605
250
Acres
--
Price per Acre
10,890,000
Sq Ft Lot
Highlights
- 4,100 Feet of Waterfront
- River Nearby
- No HOA
- 250 Acre Lot
- Wooded Lot
- Home fronts a stream
About This Lot
As of October 2024Only $840 per Acre!
This ±250-acre kingdom lot in Otis, Maine, is strategically located for any number of outdoor activities one can imagine. Green Lake, Beech Hill Pond, and Graham Lake are all very close by and provide public boat landings, making them convenient for water recreation. Hunting enthusiasts will find the area teeming with all kinds of wildlife. Ellsworth, Bar Harbor, Acadia National Park, and the ocean can be easily accessed for shopping, sightseeing, and vacation fun.
Access to the lot is off public town roads and private roads for easy year-round access with power on the street. An internal improved gravel road, accessed from Remick Road, crosses the interior of the lot to the north and west for approximately ¾ of a mile. Most of the eastern boundary line is defined by Remick Road. The status of Remick Road is uncertain, but it has power and year-round residents.
The lot has recently been harvested, leaving behind a vigorous stand of mostly young hardwood. There are some distant views gained from the recent harvest. There is a great hunting lot with young hardwood sprouts for wildlife to browse and cover for game birds. Schoolhouse Brook flows through the western portion of the lot and into Schoolhouse Cove on Beech Hill Pond, off the subject property. Tannery Brook outlets from Floods Pond and makes up the easternmost boundary line of the property before it makes its way to Graham Lake.
There is approximately 1,100 feet of frontage on Tannery Brook, while Schoolhouse Brook travels around 3,000 feet through the lot. Floods Pond, the city of Bangor's water supply, is just to the north, along with Bangor Water District lands abutting the subject property. There is approximately 350 feet of public paved road frontage on Point Road.
Taxes for 2023 were $1,180. This property is NOT in Maine's Tree Growth Tax program.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,180
Lot Details
- 250 Acre Lot
- Home fronts a stream
- 4,100 Feet of Waterfront
- Property fronts a private road
- Dirt Road
- Rural Setting
- Level Lot
- Wooded Lot
- Property is zoned Rural Residential
Property Views
- Water
- Woods
Parking
- Gravel Driveway
- On-Site Parking
Utilities
- Electricity Not Available
- Natural Gas Not Available
- Water Not Available
- Well Required
- Septic Needed
- Sewer Not Available
Listing and Financial Details
- Tax Lot 07;02;01
- Assessor Parcel Number MR05L07PointRdOtis04605
Community Details
Overview
- No Home Owners Association
- The community has rules related to deed restrictions
Recreation
- River Nearby
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/11/2024 10/11/24 | Sold | $190,000 | -9.5% | -- |
| 09/11/2024 09/11/24 | Pending | -- | -- | -- |
| 07/18/2024 07/18/24 | For Sale | $209,900 | -- | -- |
Source: Maine Listings
Tax History Compared to Growth
Agents Affiliated with this Home
-
John Colannino
Map
Source: Maine Listings
MLS Number: 1597328
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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