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$899,000
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Property Description
HUGE PRICE REDUCTION! Distinguished Turnkey Estate Adjacent to UMaine Campus - Orono, ME Discover an exceptional opportunity to own a fully furnished, turn-key compound adjacent to the University of Maine campus. This rare .9-acre property features a beautifully renovated 5-bedroom, 3.5 bath main residence (2018 renovation with premium finishes throughout) plus two authentic log cabins--ideal for rentals, guest housing or storage. Property Highlights: "¢ 5 spacious bedrooms & 3.5 bathrooms in the main house. "¢ Renovated in 2018 with high-end materials and modern design. "¢ Two charming FULLY FURNISHED log cabins with rustic appeal and income potential. "¢ All three buildings offered fully furnished--just bring your keys. "¢ Prime location adjacent to UMaine campus, perfect for faculty, students or short-term guests. "¢ Expansive .9-acre lot offering privacy, convenience and charm. Whether you're seeking a multi-unit investment, a family compound, or a unique blend of luxury and rental income, this property delivers unmatched value and versatility in one of Orono's most desirable locations. ALSO LISTED AS MLS# 1654671
Full Property Details
Full Property Details for 148 College Ave
General
- Price: $899,000
- Taxes: $9,294 (2024)
- Status: Active
- Type: Single Family
- Source: MREIS
- MLS ID: 1643690
- Updated: 6/4/2026
- Added to Site: 88 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Attic, In-Law Floorplan, One-Floor Living, Other, Pantry, Shower, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
- Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Other
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Carpet, Tile, Wood, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Main Level, Utility Sink
Additional Information
- Security/Safety: Security System
- Equipment: Internet Access Available
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Gravel, 1 - 4 Spaces, 5 - 10 Spaces, On-Site Parking
Location
- County: Penobscot
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric, Gas Natural, Baseboard, Direct Vent Furnace, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Colonial, Cottage
- Construction: Wood Frame, Log Siding, Vinyl Siding
- Basement: Yes
- Basement Desc.: Interior Entry, Full, Unfinished
- Roof: Metal, Shingle
- Windows: Double Pane Windows
- Square Feet: 2,432
- Sq. Ft. Source: Public Records
- Finished Total: 2,432 Sq. Ft.
- Finished Above Grnd: 2,432 Sq. Ft.
- Year Built: 1900
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.9
- Lot Size (Sq. Ft.): 39,204
- Zoning: Residential
- Lot Description: Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Level, Open Lot, Sidewalks, Landscaped, Wooded, Near Public Transit
Water Features
- Water Front Name: Stillwater River
Green Features
- Energy Efficient: 90% Efficient Furnace, Ceiling Fans, Dehumidifier, Water Heater, Insulated Foundation, LED Light Fixtures, Thermostat
Financial Considerations
- Tax Amount: $9,294
- Tax Year: 2024
Disclosures and Reports
- Block: 2
- Lot Number: 20
Listed by ERA Dawson-Bradford Co. (207) 947-6788
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Schools
Schools serving 148 College Ave
School District:Regional School Unit 26
| Name | Grades | Distance |
|---|---|---|
Orono Middle School 10 Goodridge Drive, Orono, ME 04473 | 6-8 | 0.8 mi |
Orono High School 14 Goodridge Drive, Orono, ME 04473 | 9-12 | 0.8 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 148 College Ave
Date
Details
Price
Change
Source
5/29/2026
Price Reduced
$899,000
-9.65%
MLS
3/11/2026
Price Reduced
$995,000
-28.93%
MLS
11/17/2025
Listed
$1,400,000
—
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 148 College Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,451
2%
$474,900
9%
2024
$9,294
—
$435,300
10%
2023
$9,259
70%
$395,700
73%
2022
$5,441
—
$228,600
—
2021
$5,429
-15%
$228,600
1%
2020
$6,354
6%
$226,200
—
2019
$5,983
-2%
$226,200
—
2018
$6,107
-12%
$226,200
-16%
2017
$6,976
5%
$268,300
—
2016
$6,667
2%
$268,300
—
2015
$6,547
2%
$268,300
—
2014
$6,399
3%
$268,300
—
2013
$6,225
—
$268,300
—
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 148 College Ave
148 College Avenue, Orono, ME 04473 (MLS# 1643690) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 148 College Avenue is currently listed for $899,000 and was received on May 04, 2026. Want to learn more about 148 College Avenue? Do you have questions about finding other Single Family real estate for sale in Orono? You can browse all Orono real estate or contact a Coldwell Banker agent to request more information.

