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    173 Island Way Carmel, ME 04419

    Sponsored
    For Sale
    $98,500

    LAND - Carmel, ME

    Lot size:
    1.54 Acres
    Days on Market:
    29
    Last Refresh:
    Jan 8 at 3:06 pm

    Property Features for 173 Island Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    shoreland
    Parking features
    Driveway
    Lot size
    1.54 Acres

    Utilities

    Water front
    1

    Keller Williams Realty (207) 879-9800 [email protected]

    Listing agent Michael Cole (207) 879-9800

    Listing date Dec 11, 2025

    MLS# 1646263 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Carmel, ME Waterfront Land

    This 1.54-acre lot is located in Carmel, Maine, and offers frontage on Etna Pond. The property features a gentle slope to the water's edge and is zoned as shoreland. The mature lot is suitable for building a cabin or home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Auto Repair Shop Car Rental

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Penobscot
    State
    Maine
    Longitude
    -69.09507
    Latitude
    44.823427

    Nearby Similar for Sale

    • $215,000
      1,660 SF

      Carmel Commercial Building, Great Potential

      Prime location, versatile space, ideal for business.
      948 Fuller Rd, Carmel, ME 04419
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.5 acre lot on Etna Pond in Carmel, Maine.
    Where is this residential land & home lot located?
    The property is located at 173 Island Way Carmel, ME.
    What is the asking price?
    The asking price for this property is $98,500.
    What are key features of this property?
    This property features: - 1.5 acres on Etna Pond; - Long water frontage on a peninsula; - Gentle slope to the water's edge
    (207) 831-4625
    Request Owner's contact information
    173 Island Way Carmel, ME 04419
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    Carmel, ME 04419
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    173 Island Way Carmel, ME 04419
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