Maine house under 150K Mars Hill
$
89,000
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Mars Hill, Maine
4 Mountain Rd
2
Beds
1
Baths
800
Sq Ft
1985
Built

Acreage, Garage

19.5 Acres Behind a Ski Mountain in Northern Maine — $89,000

7

out of 10

HousesUnder150K Score

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

CategoryWt.ScoreDetail
Property Merit50%819.5 acres, mountain setting, large garage/workshop, ski area adjacency — strong land story
Condition25%4"Rustic home with potential" is investor soft language; no system dates, no updates named
Price / Sq Ft15%7Listing $111/sqft vs zip median ~$138/sqft; ~20% below — directional discount, thin data
Price vs. Market5%9$89K vs zip median $247K — 64% below; likely reflects land/rural comp mix
Market Conditions5%6DOM 3 days zip median but 100% price drops; sale-to-list 93.9% — mild buyer signal

The house is small and rough. Eight hundred square feet, built in 1985, and the agent description calls it "rustic with potential," which is how you say a place needs real work without naming what that work is. No system ages listed, no updates mentioned. Go in with your eyes open and a contractor's number saved.

That said, the house is almost beside the point at $89,000.

What you're actually buying is 19.5 acres in northern Maine, behind Mars Hill Mountain, with a large detached garage and workshop on the property. That combination, at this price, is the reason to pay attention. The zip median sits around $247,000. This is listed at $89,000. Even accounting for condition and the rural comp mix up here, that's a meaningful gap.

The land is wooded, private, on a dirt road. If you want quiet, you'll have it. If you want space to keep equipment, run a side business out of a shop, store snowmobiles, or just spread out without neighbors twenty feet away, the garage handles that. What that garage actually looks like inside, the listing doesn't say, but it's described as large, and in this context that matters.

The ski area adjacency is real. Mars Hill Mountain is right there, which makes this workable as a seasonal property or a full-time base for someone who wants to be in the mountains without paying mountain prices. Northern Maine winters are long and serious, so the location cuts both ways depending on what you're after.

The condition question is the one that matters most before you go any further. "Rustic" on an 800-square-foot house built in 1985 with no documented updates could mean cosmetic work or it could mean a gut job. You need eyes on the mechanicals, the roof, the foundation. The price has room for a significant rehab budget and still land you well below the market, but you need to know what you're actually signing up for before you can run that math.

What $89,000 gets you here, even in a worst-case scenario, is almost 20 acres of northern Maine land with a workshop, next to a ski mountain. The house is a question mark. The land is not.

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