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    173 Somerset Ave Pittsfield, ME 04967

    For Sale
    $42,000

    LAND - Pittsfield, ME

    Lot size:
    0.25 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 173 Somerset Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res 3
    Lot size
    0.25 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public
    Water front
    1

    Better Homes and Gardens Real Estate The Masiello Group (603) 283-1914 [email protected]

    Listing agent Melissa Bartlett (207) 942-6711

    Listing date Oct 8, 2025

    MLS# 1637031 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

    Land with Mill Pond Views

    This property, located in the heart of Pittsfield along the banks of Mill Pond, presents an opportunity to rebuild. The site previously held a Victorian home, which was lost to fire. The property includes a garage. Shoreland zoning regulations allow for a new home to be built within one year, using the same footprint or smaller, subject to confirmation with the town Code Enforcement Officer. The property has an estimated water frontage, derived from the tax map. The lot size is approximately 0.25 acres. The property is situated in-town, close to amenities. Note that the remaining structure is unsafe and should not be entered. The property is sold as-is, and the buyer is responsible for removing the existing building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittsfield
    County
    Somerset
    State
    Maine
    Longitude
    -69.384746
    Latitude
    44.78509

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    FAQs

    What type of property is this?
    Land - Residential land for sale in Pittsfield with water views.
    Where is this land located?
    The property is located at 173 Somerset Ave Pittsfield, ME.
    What is the asking price?
    The asking price for this property is $42,000.
    What are key features of this property?
    This property features: - Waterfront property on Mill Pond with water views.; - In-town location in Pittsfield, close to amenities.; - Opportunity to build a new home within one year on the existing footprint or smaller (subject to town approval).
    (207) 942-6711
    Request Owner's contact information
    173 Somerset Ave Pittsfield, ME 04967
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    Pittsfield, ME 04967
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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 Somerset Ave Pittsfield, ME 04967
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