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    Pheasant Ln Sanford, ME 04073

    For Sale
    $995,000

    Single - Sanford, ME

    Type:Single Family Residence
    Lot size:
    544,500.00 Acres
    Days on Market:
    122
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for Pheasant Ln

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    544,500.00 Acres

    Building Details

    Architectural style
    Other

    Better Homes and Gardens-The Masiello Group (800) 741-1540 [email protected]

    Listing agent John Caramihalis (207) 490-2900

    Listing date Aug 7, 2025

    MLS# 1633461 Listing URL

    Copyright © 2025 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sanford Development Parcel: 12.5 Acres

    This 12.5-acre development parcel in Sanford, Maine, offers a potential density of up to 10 units per acre. City water, city sewer, and power are available at the street. The property, which has been surveyed, was previously designed for 8 lots but is now considered better suited for multifamily rentals or condos. The land is dry, and the original road has been opened up to the site. Additional land is available at a separate cost. According to the listing agent, there are not many lots available for this kind of project.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sanford
    County
    York
    State
    Maine
    Longitude
    -70.7398
    Latitude
    43.4132

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    FAQs

    What type of property is this?
    Land - 12.5-acre development parcel suitable for multifamily rentals or condos.
    Where is this land located?
    The property is located at Pheasant Ln Sanford, ME.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - High-density development potential: Up to 10 units per acre.; - City water and sewer available at the street.; - Suitable for multifamily rentals or condos.
    (207) 490-2900
    Request Owner's contact information
    Pheasant Ln Sanford, ME 04073
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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
    Pheasant Ln Sanford, ME 04073
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