Bought with AFM Real Estate
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Key Details
Sold Price $91,000
Property Type Land
Listing Status Sold
Subdivision Stillwater Land & Lumber Road Owners Association
MLS Listing ID 1529697
Sold Date 09/26/22
HOA Fees $25/ann
HOA Y/N Yes
Originating Board Maine Listings
Annual Tax Amount $77
Tax Year 2022
Lot Size 124.800 Acres
Acres 124.8
Property Description
Maine timberland investment property for sale. Located in Lakeville, Maine is a 124.8± acre parcel of unimproved timberland for sale. The tract is made up of 3 40± acre surveyed lots along a well-maintained gravel road in Lakeville. The property would be ideal for a buy and hold parcel to add to your investment mix. The land could also be a cabin or off-grid homesite in a rural part of Maine, known for its recreational opportunities.
The topography of the timber tract is sloped. The land rises from the low point of 300 feet above sea level to a high point of 540 feet above sea level. The soils that make up the site are predominantly silty loams and the timber growing on the site is growing very well. The soil is limited by the steepness of the land which makes it unsuitable for traditional farming. There are areas that are level plateaus that could be cleared for an off-grid home or recreational cabin.
The stand of trees on the property is predominantly hardwood. There is an abundance of beech located on the parcel. Beech is a very good firewood and produces a nut crop that is sought after by deer, bear, ruffed grouse and more. With rising energy prices, having an abundance of firewood available to harvest and sell could provide a steady income stream for the owner.
The town of Lakeville is a very small community with a year-round population of just 104 people. Seasonally there are more residents with the abundance of lakes in the area, there are many lakefront cottages that are frequented in the summer months. The area is renowned for its fishing and hunting opportunities that are enjoyed by the residents and visitors of the region. The lakes in the area provide angling opportunities for landlocked salmon, lake trout, brook trout as well as bass and chain pickerel. In the woodlands you will find bragging size deer, moose and black bear. Call today to take a look at this surveyed parcel of recreational timberland in Lakeville, Maine.
Location
State ME
County Penobscot
Zoning P-WL3
Direction Follow Rt 6 from Lincoln to the Skunk Hill Rd in Lee. Turn R onto Skunk Hill Rd and take a Lonto Weir Pond Rd. Bear R at y intersection onto the upper Dobsis Rd to Homestead Dr. Take a L on Homestead to the property.
Exterior
Garage No Driveway, None
Waterfront No
View Y/N Yes
View Scenic, Trees/Woods
Street Surface Gravel
Parking Type No Driveway, None
Building
Lot Description Harvestable Crops, Rolling Slope, Wooded, Rural
Sewer None, Septic Needed
Water Well Needed on Site, None
Others
HOA Fee Include 300.0
Restrictions Yes
Financing Cash
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327