Bought with Real Broker
$135,000
$150,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
Lot 14 M&Y Shore RD Otisfield, ME 04270
11.3 Acres Lot
Key Details
Sold Price $135,000
Property Type Land
Listing Status Sold
MLS Listing ID 1610347
Sold Date 01/02/25
HOA Fees $7/ann
HOA Y/N Yes
Annual Tax Amount $604
Tax Year 2024
Lot Size 11.300 Acres
Acres 11.3
Source Maine Listings
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.
Location
State ME
County Oxford
Zoning None
Body of Water Thompson Lake
Exterior
Parking Features No Driveway, None
Waterfront Description Lake
View Y/N Yes
View Trees/Woods
Street Surface Gravel
Building
Lot Description Level, Right of Way, Rolling Slope, Wooded, Rural, Subdivided
Sewer None
Water None
Schools
School District Rsu 17/Msad 17
Others
HOA Fee Include 85.0
Restrictions Yes
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