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$140,000 Just Listed
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Property Description
RESIDENTIAL & COMMERCIAL POTENTIAL -- Bring your vision, your contractor, and your plans! This Circa-1835 Cape Cod farmhouse offers a unique opportunity for those looking for a substantial restoration project, residential development potential, or a property that can accommodate business possibilities. Situated on approximately 2 acres and zoned for both residential and commercial use, this property offers flexibility that can be difficult to find. Need more land?? 6 to 27 additional acres may be available for purchase separately. The farmhouse contains 12 rooms, although only 4 rooms are currently being utilized. Improvements to the occupied portion of the home include an updated kitchen and bathroom, along with colorful, welcoming interior paint. Outside, a large, open backyard provides plenty of space and possibilities. This is a major fixer-upper and is being offered with significant restoration needs. The barn is in poor condition, and may require substantial structural repair or demolition. The roof of the ell connecting the barn to the main house requires complete restoration or replacement. The basement currently utilizes a sump pump, and the west wall shows leaning -- one section has previously been replaced with concrete. The home also has a shared well with the neighboring property. For an investor with the resources and vision to undertake a significant project, the property's combination of acreage, historic character, and residential/commercial zoning creates a variety of possibilities. Restore the farmhouse, explore residential development, or investigate potential business uses permitted by local zoning. A working farm currently operates on the premises. For safety and bio-security reasons, the business owner will guide folks through the penned-in areas. Live bees/hives located on the property. The farm stand building and business are not part of the sale.
Full Property Details
Full Property Details for 404 Academy Rd
General
- Price: $140,000
- Taxes: $2,180 (2025)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1678589
- Updated: 9/1/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Commercial, Retail, Development, Other
Interior
- Interior Features: Storage
- Flooring: Wood
Parking
- Parking Features: 5 - 10 Spaces, On-Site Parking, Paved, Gravel
Location
- County: Kennebec
Heating & Cooling
- Cooling Type: None
- Heating Type: Propane, Direct Vent Furnace, Forced Air
Utilities
- Sewer: Private Sewer, Septic Design Available
- Water: Private, Well
- Well: Yes
Structural Information
- Construction: Wood Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: Bulkhead, Dirt Floor, Full, Sump Pump, Unfinished, Brick/Mortar
- Roof: Other, Shingle
- Square Feet: 2,430
- Year Built: 1835
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Lot Size (Acres): 2
- Lot Size (Sq. Ft.): 87,120
- Zoning: Village District
- Lot Description: Business District, Near Shopping, Near Turnpike/Interstate, Rural
Financial Considerations
- Tax Amount: $2,180.45
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 106
Listed by Hoang Realty (207) 623-0623
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Schools
Schools serving 404 Academy Rd
School District:Regional School Unit 04
| Name | Grades | Distance |
|---|---|---|
Libby-Tozier School 466 Academy Road, Litchfield, ME 04350 | PK-2 | 0.3 mi |
Carrie Ricker School 573 Richmond Road, Litchfield, ME 04350 | 3-5 | 0.4 mi |
Oak Hill Middle School, Sabattus, ME 40 Ball Park Road, Sabattus, ME 04280 | 6-8 | 6.6 mi |
Oak Hill High School 56 School Road, Wales, ME 04280 | 9-12 | 4.5 mi |
Sabattus Primary School 36 No Name Pond Road, Sabattus, ME 04280 | PK-2 | 7.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 404 Academy Rd
Date
Details
Price
Change
Source
9/01/2026
Listed
$140,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 404 Academy Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,467
9%
$215,100
35%
2024
$2,267
3%
$159,100
-3%
2023
$2,209
3%
$163,600
20%
2022
$2,143
11%
$136,300
—
2021
$1,926
—
$136,300
—
2020
$1,935
1%
$136,300
—
2019
$1,908
-18%
$136,300
-6%
2018
$2,340
—
$144,907
—
2017
$2,340
—
$144,907
—
2016
$2,340
4%
$144,907
—
2015
$2,253
27%
$144,907
16%
2014
$1,781
16%
$124,998
—
2013
$1,537
4%
$124,998
1%
2011
$1,482
—
$124,033
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 404 Academy Rd
404 Academy Road, Litchfield, ME 04350 (MLS# 1678589) is a Commercial property. 404 Academy Road is currently listed for $140,000 and was received on September 01, 2026. Want to learn more about 404 Academy Road? Do you have questions about finding other Commercial real estate for sale in Litchfield? You can browse all Litchfield real estate or contact a Coldwell Banker agent to request more information.

