Waterfront, Acreage, Garage
4.6 Acres, Private Pond, and Carrabassett River Access Near Sugarloaf — $145,000
8
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 9 | Pond, 4.6 acres, river access, ski proximity, ITS trails, 2-car garage |
| Condition | 25% | 5 | 1988 build, no system dates given; condition unknown but no distress language |
| Price / Sq Ft | 15% | 6 | Listing $161/sqft vs zip median $177/sqft — 9% below; thin 5-comp base |
| Price vs. Market | 5% | 9 | $145K vs $335,901 zip median — 57% below; acreage/rural market noted |
| Market Conditions | 5% | 6 | DOM 77 vs zip median 33; 39.6% price drops, sale-to-list 95.2% — buyer's market |
There's a pond in the backyard. That's where this one starts. It's on 4.6 private acres in Embden, Maine, and the Carrabassett River is close enough to walk to. Sugarloaf is 30 minutes away. ITS snowmobile trails feed in from the property. For $145,000, you're getting a piece of land that does a lot of things, and does them in a part of Maine where that kind of access usually costs more.
The house itself is a 900-square-foot, two-bedroom, one-bath cottage built in 1988. There's a two-car garage. That's about the full extent of what's known about the structure, because the listing gives almost nothing on systems, updates, or condition. No furnace age, no roof date, no mention of the kitchen or bathroom beyond their existence. At 36 years old with no maintenance history offered, the honest read is that you'd be going in without a clear picture of what needs work. Budget accordingly.
But here's what the land actually makes possible. In winter, you've got snowmobile trail access from the property and a ski mountain less than half an hour away. In summer, the pond and the river give you water without the waterfront price tag. The acreage means you have buffer on all sides, which in a rural area like this translates to quiet in a way that's hard to put a number on.
The price relative to the zip is striking. The median home in this zip code has been selling around $335,000. This is listed at $145,000 and has been sitting for 77 days in a market where properties have been moving in about 33. Some of that lag likely reflects the condition unknowns. Some of it may be the small square footage relative to buyer expectations. But for someone who wants a Maine base camp on serious acreage with a pond out back and ski access out the door, the gap between this price and what surrounds it is real.
