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$135,000
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Property Description
This property offers over 11 acres of buildable land with more than 700 feet of road frontage. Located within the Silvaqua Association, annual dues are only $85 and include access to a deeded right-of-way to Thompson Lake. Over 600 feet of shared water frontage! Owners can enjoy the private sandy beach with a picnic area, a paved boat ramp, and a dock. The lot is mostly level with a slight grade, providing ideal drainage for building and septic systems, as confirmed by neighboring properties. The land was cleared years ago but has since grown over with small trees that can be easily removed to create space for a driveway, home, or yard. A deeded 100-foot path runs along one side of the property for convenient access from Shore Road to the rear of the lot. An old gravel road on the property is now overgrown but remains walkable and could be restored for vehicle use. From the lot it is just a 3-minute walk to the association's North Beach! Seller has equitable interest in property. This sale is contingent upon successful conveyance of title/deed to seller. Seller is open to seller financing.
Full Property Details
Full Property Details for Lot 14 M&y Shore Rd
General
- Sold For: $135,000
- HOA FEE: $7/month
- HOA FEE FREQ.: Annually
- Taxes: $604 (2024)
- Status: Closed
- Type: Lots/Land
- Source: MREIS
- MLS ID: 1610347
- Added to Site: 417 day(s) ago
Parking
- Parking Features: No Driveway, None
Location
- County: Oxford
Community
- Association: Yes
Utilities
- Sewer: None
- Water: None
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 11.3
- Lot Size (Sq. Ft.): 492,228
- Lot Size Source: Public Records
- Zoning: None
- Lot Description: Level, Right of Way, Rolling Slope, Wooded, Rural, Subdivided
Water Features
- Water Front: Yes
- Water Front Desc.: Lake
- Lake Front: Yes
Financial Considerations
- Association Fee: $85
- Assoc Fee Freq.: Annually
- Tax Amount: $604
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 14M & 14Y
Listed by Real Broker (207) 272-3984
Sold by Real Broker (207) 272-3984
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Price & Sales History for Lot 14 M&y Shore Rd
Date
Details
Price
Change
Source
1/02/2025
Sold
$135,000
-10%
MLS
11/27/2024
Listed
$150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Lot 14 M&y Shore Road, Otisfield, ME 04270 (MLS# 1610347) is a Lots/Land property that was sold at $135,000 on January 02, 2025. Want to learn more about Lot 14 M&y Shore Road? Do you have questions about finding other Lots/Land real estate for sale in Otisfield? You can browse all Otisfield real estate or contact a Coldwell Banker agent to request more information.

