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  • $264,500

    48 Richmond Road, Madrid Twp, ME 04970

    1beds
    656sqft
    : 
    $1,648/mo
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    Single Family Residence
    Built in 2016
    16 Acres Lot
    $-- Zestimate®
    $403/sqft
    $-- HOA

    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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    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
      Video & virtual tour

      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: $403/sqft
      • Annual tax amount: $1,037
      • Date on market: 8/8/2026
      • Road surface type: Gravel, Dirt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,612/mo

        Price history

        DateEventPrice
        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.

        Monthly payment

        Est. payment

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        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 04970

        Getting around

        0 / 100
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