Great opportunity for developers! Rare development opportunity featuring 4.49 acres of mostly fully buildable land within an established 29-home subdivision where recent sales have exceeded $600K. Property includes fee interest ownership in the subdivision's two roads, offering significant added value and future development potential.
The land is scenic, and bordered by a stream known as ''Bear Creek,'' creating an attractive setting for future homesites. Property is already equipped with a gravel driveway, well and septic system allowing the next owner to immediately begin building. It also has 3 sheds and a cute little greenhouse.
Located in a desirable rural community with strong property values, this parcel presents an exceptional opportunity for builders, investors, or developers seeking prime land with infrastructure advantages already in place.
Active
Price cut: $100K (8/21)
$249,000
48 Highland Ridge, Hollis, ME 04042
--beds
--baths
4.49Acres
Land
Built in ----
4.49 Acres Lot
$400,300 Zestimate®
$--/sqft
$29/mo HOA
What's special
- 2 days |
- 44 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty
Source: Maine Listings,MLS#: 1662604
Facts & features
Property
Parking
- Parking features: Gravel, 5 - 10 Spaces
Features
- Has view: Yes
- View description: Scenic, Trees/Woods
Lot
- Size: 4.49 Acres
- Features: Neighborhood, Rural, Level, Wooded
Details
- Additional structures: Shed(s), Outbuilding
- Parcel number: HLLSM5L51S14
- Zoning: RR2
Utilities & green energy
- Electric: On Site
- Sewer: Private Sewer
- Water: Private, Well
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $350 annually
Location
- Region: Hollis Center
Financial & listing details
- Tax assessed value: $126,480
- Annual tax amount: $1,897
- Date on market: 8/21/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Zestimate®
$400,300
Estimated sales range
$380,000 - $420,000
Rent Zestimate®
$1,615/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Price change | $249,000-28.7% |
Source: | ||
| 6/4/2026 | Price change | $349,000-12.8% |
Source: | ||
| 5/18/2026 | Listed for sale | $400,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,897 +3.4% | $126,480 |
| 2023 | $1,834 +74.7% | $126,480 +80.7% |
| 2022 | $1,050 -41.7% | $70,000 -44.6% |
| 2021 | $1,801 +143.7% | $126,420 +139.4% |
| 2020 | $739 +1.5% | $52,810 -0.2% |
| 2019 | $728 +3.9% | $52,920 |
| 2018 | $701 -89.6% | $52,920 -90.2% |
| 2017 | $6,740 +2.5% | $539,170 -2% |
| 2016 | $6,573 | $550,000 |
| 2015 | $6,573 +3.9% | $550,000 |
| 2014 | $6,325 +4.5% | $550,000 |
| 2013 | $6,050 +1.5% | $550,000 -4.5% |
| 2012 | $5,958 | $575,700 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 04042
Nearby schools
GreatSchools rating
- 4/10Hollis SchoolGrades: PK-5Distance: 3.9 mi
- 4/10Bonny Eagle Middle SchoolGrades: 6-8Distance: 7.6 mi
- 3/10Bonny Eagle High SchoolGrades: 9-12Distance: 7.7 mi
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