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  • $88,500

    311 Medway Road, Mattawamkeag, ME 04459

    2beds
    1,230sqft
    Single Family Residence
    Built in 1962
    11 Acres Lot
    $90,600 Zestimate®
    $72/sqft
    $1,769 Estimated rent

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    $1,769/mo

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    $1,769/mo

    Rent Zestimate®

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    $451/mo

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    $451/mo

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    What's special

    Investor or DIY enthusiast? This partially renovated ranch-style home in Mattawamkeag sits on 11 peaceful acres, offering endless potential. Featuring a durable metal roof with an ice and water shield, the structure is built on a solid slab foundation and presents an excellent opportunity for a fix-and-flip or rental income. The home is already well on its way to completion, with a nearly finished 950 sq. ft. two bedroom apartment. This spacious unit boasts brand-new flooring throughout (except for the bathroom, which is ready for your finishing touch), a brand-new electric range, refrigerator, washer, updated ceiling fans, and modern lighting. The bathroom is the last remaining project to bring this unit to full completion. Beyond the primary living space, an additional 360 sq. ft. area with a half bath provides flexibility—convert it into a cozy efficiency apartment, a guest suite, a home office, or a workshop. The potential for a second income-producing unit makes this property a unique investment. A dug well and septic system serve the home, with significant updates already made, including a new pump, pressure tank, and foot valve. However, the well will require further work to become fully operational. Additionally, the home needs a new central heating system, allowing the new owner to choose the most efficient option. Located in the quiet town of Mattawamkeag, this property is close to the Penobscot River and Mattaseunk Lake, providing access to outdoor recreation, fishing, and kayaking. Whether you're looking for a home with rental income potential, a flip opportunity, or a rural retreat with acreage, this property offers a great foundation to build upon. Seize the opportunity to bring this home to its full potential and create value in a beautiful Maine setting!

    Zillow last checked: 7 hours ago

    Listing updated: March 28, 2025 at 10:27am

    Listed by:

    Keller Williams Realty

    Bought with:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1614211MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 221.2 Square Feet
    • Dimensions: 14 x 15.8
    Bedroom 2
    • Level: First
    • Area: 101.7 Square Feet
    • Dimensions: 11.3 x 9
    Kitchen
    • Features: Eat-in Kitchen
    • Level: First
    • Area: 231.03 Square Feet
    • Dimensions: 15.1 x 15.3
    Living room
    • Features: Informal
    • Level: First
    • Area: 231.03 Square Feet
    • Dimensions: 15.1 x 15.3
    Other
    • Features: Utility Room
    • Level: First
    • Area: 25.2 Square Feet
    • Dimensions: 7.2 x 3.5
    Heating
    • None
    Cooling
    • None
    Appliances
    • Included: Washer, Refrigerator, Microwave, Electric Range
    • Laundry: Laundry - 1st Floor, Main Level
    Features
    • 1st Floor Bedroom, Shower
    • Flooring: Wood, Vinyl, Concrete, Carpet
    • Doors: Storm Door(s)
    • Windows: Double Pane Windows
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 1,230
    • Total interior livable area: 1,230 sqft
    • Finished area above ground: 1,230
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: 21+ Spaces, Paved, On Site
    Accessibility
    • Accessibility features: Level Entry
    Features
    • Has view: Yes
    • View description: Trees/Woods
    • Body of water: unnamed brook
    Lot
    • Size: 11 Acres
    • Features: Rolling/Sloping, Open Lot, Level, Wooded, Rural
    Details
    • Zoning: residential
    • Other equipment: Satellite Dish, Other, Internet Access Available

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Slab
    • Roof: Metal,Pitched
    Condition
    • Year built: 1962

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank, Private Sewer
    • Water: Well, Private
    • Utilities for property: Utilities On

    Community & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: Mattawamkeag

    Other

    Other facts
    • Road surface type: Paved