Just Listed and Open House Sunday June 15, 11:30am-1pm. This beautiful 3+ bedroom, 2.5 bath colonial sits on nearly 7 private acres with a deeded right-of-way to pristine Forest Lake steps from your paved driveway! Custom built in 2004, this year round 3,000+ sq ft home offers a perfect blend of comfort, style, nature and water access (including a year-round stream on your land).
Enter through the attached, heated 2-car garage. Inside, the updated kitchen with tons of storage features refinished cabinets, quartz countertops, a farmer's sink, propane kitchen stove, stylish open shelving, and center island with seating for four. A cozy built-in breakfast nook is surrounded by windows and flows into the informal dining area.
The spacious living room stuns with a gorgeous stone fireplace with pellet stove, and built-in cabinets. Also on the first floor: a generous sized office, mudroom with closet, and newly renovated half bath with shiplap.
Upstairs, the primary ensuite includes a large walk-in closet, a private bath with a soaking tub, tiled shower, and granite vanity. Two additional bedrooms share a full bath. The large bonus room over the garageâ€'complete with its own staircase and heat pumpâ€'offers flexible living space.
The full basement features a laundry area, workshop area, and direct garage access. Energy-efficient amenities include radiant floor heat on the first floor, owned solar panels, and a heat pump for the bonus room. A whole-house on demand Generac generator ensures peace of mind.
The expansive, nicely maintained front and backyard is ideal for kids, pets, gardening, and includes a detached 1-car garage and separate storage shed. One of three deeded ROWs to Forest Lake is located directly across the street. Forest Lake is a private, 211 acre lake. All this less than 20 minutes to Portland!
Please submit offers by Monday, June 16th at 5pm and allow 24 hours for response.
Closed
$725,000
124 Cottage Road, Gray, ME 04039
3beds
3,046sqft
Single Family Residence
Built in 2004
6.9 Acres Lot
$734,200 Zestimate®
$238/sqft
$3,588 Estimated rent
Home value
$734,200
$675,000 - $793,000
$3,588/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 01, 2025 at 09:01am
Listed by:
Portside Real Estate Group
Bought with:
Portside Real Estate Group
Source: Maine Listings,MLS#: 1626257
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Full Bath, Jetted Tub, Separate Shower, Suite, Walk-In Closet(s)
- Level: Second
Bedroom 2
- Features: Closet
- Level: Second
Bedroom 3
- Features: Closet
- Level: Second
Bonus room
- Features: Above Garage
- Level: Second
Dining room
- Features: Dining Area, Informal
- Level: First
Kitchen
- Features: Breakfast Nook, Eat-in Kitchen, Kitchen Island, Pantry
- Level: First
Living room
- Features: Built-in Features, Heat Stove, Informal
- Level: First
Mud room
- Features: Closet
- Level: First
Office
- Level: First
Heating
- Baseboard, Forced Air, Heat Pump, Hot Water, Zoned, Radiant
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
Features
- Bathtub, Shower, Walk-In Closet(s), Primary Bedroom w/Bath
- Flooring: Tile, Wood, Bamboo
- Basement: Interior Entry,Full,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 3,046
- Total interior livable area: 3,046 sqft
- Finished area above ground: 3,046
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Paved, 5 - 10 Spaces, On Site, Garage Door Opener, Detached, Heated Garage
- Attached garage spaces: 3
Features
- Patio & porch: Patio
- Has view: Yes
- View description: Scenic
- Body of water: Forest Lake
- Frontage length: Waterfrontage: 30,Waterfrontage Shared: 30
Lot
- Size: 6.90 Acres
- Features: Near Turnpike/Interstate, Rolling Slope, Wooded
Details
- Additional structures: Outbuilding, Shed(s)
- Parcel number: GRAYM074B203L292000
- Zoning: LR
- Other equipment: Generator, Internet Access Available
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 2004
Utilities & green energy
- Electric: Circuit Breakers, Generator Hookup
- Sewer: Private Sewer
- Water: Private, Well
Green energy
- Energy efficient items: Ceiling Fans
Community & neighborhood
Security
- Security features: Air Radon Mitigation System, Water Radon Mitigation System
Location
- Region: Gray
- Subdivision: Lakewood Park
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $160 annually
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2025 | Pending sale | $699,900-3.5%$230/sqft |
Source:  Maine Listings #1626257 Report a problem | ||
| 6/30/2025 | Sold | $725,000+3.6%$238/sqft |
Source: Maine Listings #1626257 Report a problem | ||
| 6/16/2025 | Contingent | $699,900$230/sqft |
Source: Maine Listings #1626257 Report a problem | ||
| 6/11/2025 | Listed for sale | $699,900+86.6%$230/sqft |
Source: Maine Listings #1626257 Report a problem | ||
| 6/20/2016 | Sold | $375,000-5.1%$123/sqft |
Source: Maine Listings #1258974 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,989 +4.6% | $720,500 +63.7% |
| 2023 | $6,679 +8.8% | $440,000 |
| 2022 | $6,138 +9.9% | $440,000 +16.2% |
Find assessor info on the county website
Neighborhood: 04039
Nearby schools
GreatSchools rating
- NARussell SchoolGrades: K-2Distance: 4.3 mi
- 5/10Gray-New Gloucester Middle SchoolGrades: 5-8Distance: 5.2 mi
- 5/10Gray-New Gloucester High SchoolGrades: 9-12Distance: 5.3 mi
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$734,200
2% more+ $14,684
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$748,884