Views
Address
48 Richmond Road, Madrid Twp, ME
Price
$ 264,500
Property Attributes
- MLS#1675319
- TypeSingle Family
- Listing Status Active Under Contract
- CountyFranklin
- CityMadrid Twp
- Zip04970
- StyleCamp
- Year Built2016
- Taxes$ 1037
- Price$ 264,500
- Bedrooms1
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage656
- Lot Size16 Acres
Data Source:
Maine Listings (MREIS)
Property Description
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.
General Features
| Sewer | Septic Tank |
|---|---|
| Zoning | Residential |
| Electric | Circuit Breakers |
| Tax Year | 2025 |
| County | Franklin |
| Property Type | Residential |
| HOA | false |
| Status | Active Under Contract |
| City | Madrid Twp |
| Lot Size Units | Acres |
| Lot Size Square Feet | 696960 |
| Tax Annual Amount | 1037.62 |
| Standard Status | Active Under Contract |
| Tax Lot | 18 |
| View | Fields,Mountain(s),Scenic,Trees/Woods |
| Virtual Tour | https://www.propertypanorama.com/instaview/mreis/1675319 |
| Heating | Electric,Propane,Wood,Heat Pump,Wood Stove |
| Cooling | Heat Pump |
| Property Subtype | Single Family Residence |
| Garage Y/N | false |
| Land Lease Y/N | false |
| Roof | Metal |
| Architectural Style | Camp |
| Construction Materials | Wood Frame,Other |
| Year Built | 2016 |
| Attached Garage | false |
| Total Rooms | 3 |
| Full Baths | 1 |
| Appliances | Gas Range,Refrigerator |
| Other Structures | Outbuilding |
| Patio/Porch Features | Deck |
Interior Features
| Total Baths | 1 |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Basement | Not Applicable,Crawl Space |
| Flooring | Wood |
| Fireplace Y/N | false |
| Above Grade Finished Area | 656 |
| Total Bedrooms | 1 |
| Interior Amenities | Shower |
| Furnished Y/N | Partially |
Exterior Features
| Parking Features | Gravel,5 - 10 Spaces |
|---|---|
| Lot Features | Near Shopping,Rural,Level,Open Lot,Pasture,Rolling Slope,Wooded |
| Water Source | Well |
| Lot Size Area | 16 |
| Lot Size Acres | 16 |
| Road Surface Type | Gravel,Dirt |
| Lot Size Source | Survey |
| Waterfront Y/N | false |
| Road Frontage Type | Private Road |
| Building Area Total | 656 |
| Foundation Details | Pillar/Post/Pier |
| Other Equipment | Internet Access Available |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 04970
Statistics provided by Inside Real Estate
Price
Taxes
Year Built
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified ©2026 Maine Real Estate Information System, Inc. All Rights Reserved.
