Fantastic investment opportunity! Currently, there are 2 rented mobile home lots, providing a steady income. You also have the option to build a new home near the entrance, where the well, septic, and electricity are already set up. The main 1969 residence has 2 beds and 1 bath, ready for some love and a modern touch. The land covers about 25 acres, mostly wooded, and ready for potential harvesting. This property is all about positive cash flow. Don't miss out—come see the possibilities for yourself! Seller will consider any and all offers.
Closed
$320,000
51 Freemans Run, Deer Isle, ME 04627
2beds
957sqft
Single Family Residence
Built in 1969
23.3 Acres Lot
$268,700 Zestimate®
$334/sqft
$1,725 Estimated rent
Home value
$268,700
$210,000 - $333,000
$1,725/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 24, 2025 at 12:54pm
Listed by:
EXP Realty
Bought with:
William Raveis Real Estate
William Raveis Real Estate
Source: Maine Listings,MLS#: 1568526
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: First
Bedroom 2
- Level: Second
Dining room
- Level: First
Kitchen
- Level: First
Heating
- Hot Water, Stove
Cooling
- None
Features
- 1st Floor Bedroom, Attic
- Flooring: Wood
- Basement: Interior Entry,Partial
- Number of fireplaces: 1
Interior area
- Total structure area: 957
- Total interior livable area: 957 sqft
- Finished area above ground: 957
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 5 - 10 Spaces, On Site
Features
- Has view: Yes
- View description: Trees/Woods
- Body of water: Ocean/Cove/Pond
Lot
- Size: 23.30 Acres
- Features: Near Public Beach, Near Town, Open Lot, Wooded
Details
- Additional structures: Shed(s)
- Parcel number: DEEEM009L035
- Zoning: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Other, Wood Frame, Vinyl Siding
- Foundation: Stone, Gravel/Pad
- Roof: Shingle
Condition
- Year built: 1969
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Private
Community & neighborhood
Location
- Region: Deer Isle
Other
Other facts
- Road surface type: Gravel, Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 3/29/2024 | Sold | $320,000+6.7%$334/sqft |
Source:  Maine Listings #1568526 | ||
| 3/15/2024 | Pending sale | $300,000$313/sqft |
Source: Maine Listings #1568526 | ||
| 1/28/2024 | Contingent | $300,000$313/sqft |
Source: Maine Listings #1568526 | ||
| 11/25/2023 | Price change | $300,000-25%$313/sqft |
Source: Maine Listings #1568526 | ||
| 8/12/2023 | Listed for sale | $400,000$418/sqft |
Source: Maine Listings #1568526 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,170 +6.9% | $135,400 |
| 2023 | $1,094 +2.1% | $135,400 -2% |
| 2022 | $1,071 +1.3% | $138,200 |
Find assessor info on the county website
Neighborhood: 04627
Nearby schools
GreatSchools rating
- 3/10Deer Isle-Stonington Elementary SchoolGrades: K-7Distance: 1.7 mi
- 3/10Deer Isle-Stonington High SchoolGrades: 8-12Distance: 1.8 mi
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