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    59 Bobcat Way Norway, ME 04268

    For Sale
    $2,980,000

    LAND - Norway, ME

    Lot size:
    140.00 Acres
    Days on Market:
    55
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 59 Bobcat Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Lim Res, RP, Stream
    Pets allowed
    No
    Lot size
    140.00 Acres

    Utilities

    Sewer type
    Private Sewer
    Water source
    Well
    Water front
    1

    Legacy Properties Sotheby's International Realty (207) 780-8900 [email protected]

    Listing agent Carrie Martin (207) 780-8900

    Listing date Oct 12, 2025

    MLS# 1640263 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

    Waterfront Land with Modern Barn

    This 140-acre property in Norway, Maine, features over 1,200 feet of waterfront on the north end of Pennesseewassee Lake. A gravel road system, including a concrete and steel bridge, provides access throughout the property. A 2,400 sq. ft. barn with an attached 600 sq. ft. artist studio/workshop was newly built in 2021. The barn has high ceilings and two 30' wide garage doors. The artist studio/workshop includes a propane fireplace stove, heat pump, half bath, stainless steel utility sink, washing machine, and outdoor shower. The property also features metal roofing, Starlink satellite internet, and a large solar array. Additional infrastructure includes underground power to the barn, studio, and additional building sites, two septic systems, and a drilled well. The property has 1,558 feet of road frontage on Greenwood Road. The land is zoned Lim Res, RP, and Stream. The property is located just over an hour from Portland and three hours from Boston.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Norway
    County
    Oxford
    State
    Maine
    Longitude
    -70.607658
    Latitude
    44.251965

    Nearby Similar for Sale

    • $600,000
      4,390 SF

      Historic Restaurant/Brewery in Norway

      Turn-key restaurant/brewery with outdoor seating and parking.
      237 Main St, Norway, ME 04268
      View Details

    FAQs

    What type of property is this?
    Recreation land - Private 140-acre Norway, ME property with lake frontage and infrastructure.
    Where is this recreation land located?
    The property is located at 59 Bobcat Way Norway, ME.
    What is the asking price?
    The asking price for this property is $2,980,000.
    What are key features of this property?
    This property features: - 140+ acres of extremely private land with **1,200+ feet of waterfront on Pennesseewassee Lake (Norway Lake).**; - Newly built **2,400 sq. ft. barn with attached 600 sq. ft. artist studio/workshop (2021)** that can be converted to a home or guest quarters.; - Extensive infrastructure in place including a developed gravel road system with a concrete and steel bridge, underground power, two septic systems, and a drilled well.
    (207) 780-8900
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    59 Bobcat Way Norway, ME 04268
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    Norway, ME 04268
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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
    59 Bobcat Way Norway, ME 04268
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