Bought with Maine Source Realty
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Key Details
Sold Price $240,000
Property Type Land
Listing Status Sold
MLS Listing ID 1553469
Sold Date 05/12/23
HOA Y/N No
Originating Board Maine Listings
Annual Tax Amount $1,044
Tax Year 2022
Lot Size 40.520 Acres
Acres 40.52
Property Description
Recently, there has been a zoning change that presents a rare opportunity to acquire an extraordinary parcel of land with unmatched 360-degree panoramic views. Positioned at the peak of Mount Gile, this property offers breathtaking vistas of Lake Auburn to the West and Gulf Island Pond of the Androscoggin River to the East, standing at an impressive 545 feet above sea level.
With a fascinating history as a former observatory and local ski area, Mount Gile is a popular spot for bird watchers and hikers. Moreover, the land features a memorial of M. Louise Greene, adding to its historical significance.
Thanks to the recent zoning change, the property now offers enormous potential for a subdivision, with frontage on both Andrew Drive and Oak Hill (extension). Additionally, the city is considering plans for a future boat launch to Gulf Island Pond at the end of Andrew Drive, and a boat launch to Lake Auburn is conveniently located nearby.
Families will find the highly-rated East Auburn Community School appealing, and a new high school is scheduled to open in the fall of 2023. The property is also conveniently located near two hospitals, Bates College, and Central Maine Community College. The city is development-friendly, making it easy to build your dream home while enjoying the best of both worlds - the tranquility of nature and the proximity of nearby city amenities.
Take a stroll around the property and witness the natural splendor of Mount Gile for yourself. This opportunity is genuinely one of a kind.
Location
State ME
County Androscoggin
Zoning SR
Direction Route 4 North, turn right onto Fair Street located across from the public boat launch to Lake Auburn. From the end of Fair Street, turn left onto Oak Hill Road and follow to end of road. See Sign. Also road frontage from Andrew Drive side of parcel.
Body of Water Lake Auburn, Androscoggin River
Exterior
Garage No Driveway, None
Waterfront No
Waterfront Description Lake,River
View Y/N Yes
View Scenic
Street Surface Paved
Parking Type No Driveway, None
Building
Lot Description Rolling Slope, Wooded, Near Shopping, Near Town
Sewer None, Septic Design Available, Septic Needed
Water Well Needed on Site, None
Others
Financing Conventional
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Paul Rondeau
Broker Associate | License ID: BA923327
Broker Associate License ID: BA923327