Bought with Riverside Realty
$650,000
$695,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
0 Isthmus RD Rumford, ME 04276
447 Acres Lot
Key Details
Sold Price $650,000
Property Type Land
Listing Status Sold
MLS Listing ID 1504246
Sold Date 12/05/22
HOA Y/N No
Annual Tax Amount $3,850
Tax Year 2020
Lot Size 447.000 Acres
Acres 447.0
Source Maine Listings
Property Description
Some owner financing is available.This 447-acre property is located directly across from a local ski area and has lots of potential for development. You may also be able to use the 1031 exchange for tax purposes. Along with the property, there are plans for a 200 lot subdivision done by Main Land Development. Aside from being within two miles from one of the best family ski resorts in Maine, it is also just 3.5 miles from the center of town and Rumford Falls, along with a hospital and local schools. The property also has ITS 82 crossing through it, making it a great area for snowmobiling. A large stream flows through the property and near the top there is a rare and protected vernal pool. To make the development more attractive, there are two access roads on the Isthmus Road as well as public sewer and power. The property also has a tree growth management plan in place.
Location
State ME
County Oxford
Zoning Local
Body of Water Scotty Brook
Exterior
Parking Features Gravel, On Site
Waterfront Description Brook
View Y/N Yes
View Mountain(s), Scenic
Street Surface Gravel
Road Frontage Private
Building
Lot Description Rolling Slope, Wooded, Ski Resort, Subdivided
Sewer Public Sewer
Water Public
Schools
School District Rsu 10
Others
Restrictions Unknown
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