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  • $257,000

    48 Richmond Road, Madrid Twp, ME 04970

    1beds
    656sqft
    Single Family Residence
    Built in 2016
    16 Acres Lot
    $257,100 Zestimate®
    $392/sqft
    $1,557 Estimated rent

    Home value

    $257,100

    Estimated sales range

    Not available

    $1,557/mo

    Zestimate® history
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    What's special

    Open fieldsMountain viewsSleeping loftScenic mountain viewsAbundant wildlifeSpacious deckDurable metal roof
    Opportunity awaits in the heart of the Rangeley Lakes Region! If you've been dreaming of an affordable Maine getaway with privacy, acreage, and outstanding recreational access, this property deserves a closer look. Don't let the exterior fool you--this cottage is solidly built and fully insulated with a durable metal roof, private well and septic, 200-amp electrical service, and all the essentials already in place. It's simply waiting for the next owner to add the finishing touches and make it their own. Privately situated on 16± acres, the property features a pond, mountain views, open fields, apple trees, raspberry bushes, mature woods and abundant wildlife. The cottage offers an open-concept living area with a vaulted ceiling, kitchen, bath, sleeping loft, a mini-split for warm summer days and a wood stove for cool Maine evenings. Step through the door onto the spacious deck and take in the quiet surroundings and scenic mountain views. A separate 300-square-foot outbuilding with electricity provides excellent storage or could easily be transformed into a bunkhouse, workshop, or hobby space. Outdoor enthusiasts will appreciate the close proximity to Toothaker Pond, ATV trail access, nearby hiking, and some of Maine's finest hunting and fishing opportunities. Despite its private setting, the property is conveniently located just 20 minutes from Rangeley and 10 minutes from Phillips. Whether you're looking for a weekend escape, hunting camp, or a property with the potential to build instant sweat equity, this unique offering is ready to enjoy today while leaving plenty of room to make it your own. Bring your vision and discover the possibilities this special Maine retreat has to offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Morton & Furbish Agency

    Bought with:

    Morton & Furbish Agency

    Source: Maine Listings,MLS#: 1675319MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Kitchen
    • Level: First
    Living room
    • Level: First
    Loft
    • Level: Second
    Heating
    • Heat Pump, Wood Stove
    Cooling
    • Heat Pump
    Appliances
    • Included: Gas Range, Refrigerator
    Features
    • Shower
    • Flooring: Wood
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 656
    • Total interior livable area: 656 sqft
    • Finished area above ground: 656
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 5 - 10 Spaces
    Features
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Fields, Mountain(s), Scenic, Trees/Woods
    Lot
    • Size: 16 Acres
    • Features: Near Shopping, Rural, Level, Open Lot, Pasture, Rolling Slope, Wooded
    Details
    • Additional structures: Outbuilding
    • Zoning: Residential
    • Other equipment: Internet Access Available

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Camp
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Other
    • Foundation: Pillar/Post/Pier
    • Roof: Metal
    Condition
    • Year built: 2016

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Location
    • Region: Rangeley

    Financial & listing details

    • Price per square foot: $392/sqft
    • Annual tax amount: $1,037
    • Date on market: 8/8/2026
    • Road surface type: Gravel, Dirt

    Price history

    DateEventPrice
    10/12/2026Pending sale$264,500+2.9%$403/sqft
    Source: Maine Listings #1675319 Report a problem
    10/9/2026Sold$257,000-2.8%$392/sqft
    Source: Maine Listings #1675319 Report a problem
    8/30/2026Contingent$264,500$403/sqft
    Source: Maine Listings #1675319 Report a problem
    8/8/2026Listed for sale$264,500+63.3%$403/sqft
    Source: Maine Listings #1675319 Report a problem
    8/30/2022Sold$162,000$247/sqft
    Source: Maine Listings #1537539 Report a problem
    8/2/2022Pending sale$162,000$247/sqft
    Source: Maine Listings #1537539 Report a problem
    7/23/2022Listed for sale$162,000$247/sqft
    Source: Maine Listings #1537539 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 04970

    Nearby schools

    GreatSchools rating
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