under $150,000 cheap property Saint Francis Maine
$
99,900
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Saint Francis, Maine
198 Main St
3
Beds
1
Baths
1463
Sq Ft
1940
Built

Acreage, Garage, Historic

Heritage Trail Access from the Backyard, .66 Acres, Garage — $99,900

6

out of 10

HousesUnder150K Score

Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%

CategoryWt.ScoreDetail
Property Merit50%70.66 acres, garage, 2-story shed, Heritage Trail access, Allagash 15 miles
Condition25%5Needs "finishing touches" — move-in possible but incomplete; no system dates given
Price / Sq Ft15%9$68/sqft listing vs $127/sqft zip median — 46% below; 5 comps, thin but directional
Price vs. Market5%5$99,900 vs $114,450 median — 13% below median; thin market, 4 sales/month
Market Conditions5%792.4% sale-to-list, 28.3% price drops, 39-day DOM — clear buyer's market signals

The price per square foot is what stops you. At $68, this 1940 house in Saint Francis is sitting 46% below the zip code median. That number comes from thin comps — five sales is not a deep pool — but even with that caveat, it points somewhere worth paying attention to.

The house is 1,463 square feet across a single floor, three bedrooms, one bath. Built in 1940, so it has age on it. The agent language says "finishing touches," which is the polite way of saying work remains. No system dates are listed anywhere in the description, so you would want to know what age the mechanicals are before you close on anything. Plan to look carefully.

The land is what gives this listing its shape. Two-thirds of an acre in a genuinely rural stretch of northern Maine, with the Heritage Trail system running directly alongside the back of the property. That means ATV and snowmobile access without loading anything onto a trailer. Fifteen miles from the Allagash. The same distance to the University of Maine at Fort Kent and Northern Maine Medical Center, which puts basic services within reach without the land shrinking to accommodate them.

The outbuildings are useful. An 18 by 24 detached garage, which is a real working garage, big enough for a vehicle plus storage. A 12 by 12 two-story shed on top of that. For anyone who runs recreational equipment through a northern Maine winter, that extra covered space has real value.

This is a buyer's market up here. Average days on market is 39, and more than a quarter of listings have taken price drops. So $99,900 already reflects some pressure, and there may be room to negotiate.

What you can do with this: use it as a base camp for someone who wants deep access to the North Maine Woods without paying wilderness-retreat prices. Make it a year-round residence if you can manage the finishing work yourself or budget for it. The land, the trail access, and the outbuildings are already there.

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