5.2-acre waterfront parcel in Medway with +/- 400' of frontage on the West Branch of the Penobscot River. Located on a quiet dead-end road just 5 minutes from I-95 and a short drive to Millinocket, with Baxter State Park and Mount Katahdin nearby. Flexible residential/commercial zoning offers endless potential for a private retreat, investment property, or commercial venture. State-approved for up to 4 mobile home sites. Two existing tenant-owned homes on a month-to-month lot lease generating monthly income, with option to continue, expand, or remove and redevelop the site. Prime location for outdoor recreation including fishing, hunting, boating, hiking, and snowmobiling. A rare opportunity to own versatile waterfront land in a high-demand recreational area at the gateway to the North Maine Woods.
Active
$159,900
Lot 19B Old Farm Road, Medway, ME 04460
--beds
--baths
5.2Acres
Land
Built in ----
5.2 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 4 days |
- 149 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
ERA Dawson-Bradford Co.
Source: Maine Listings,MLS#: 1658858
Facts & features
Property
Features
- On waterfront: Yes
- Body of water: Penobscot River
- Frontage length: Waterfrontage: 400,Waterfrontage Owned: 400
Lot
- Size: 5.2 Acres
- Features: Mobile Home Park
Details
- Zoning: Res. & Commercial
Utilities & green energy
- Electric: On Site
- Sewer: Private Sewer
- Water: Private, Well
Community & HOA
Location
- Region: Medway
Financial & listing details
- Annual tax amount: $796
- Date on market: 4/22/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Listed for sale | $159,900 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment*
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04460
Nearby schools
GreatSchools rating
- 2/10Medway Middle SchoolGrades: 5-8Distance: 0.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Penobscot County
- Medway
- 04460
- Lot 19B Old Farm Road




