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  • 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

    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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1662604MLS Logo

      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

        $400,300

        $380,000 - $420,000

        $1,615/mo

        Price history

        DateEventPrice
        8/21/2026Price change$249,000-28.7%
        Source: Maine Listings #1662604 Report a problem
        6/4/2026Price change$349,000-12.8%
        Source: Maine Listings #1662600 Report a problem
        5/18/2026Listed for sale$400,000
        Source: Maine Listings #1662600 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 04042

        Getting around

        0 / 100
        Car-Dependent
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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