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Waterfront Land with Private Island
For Sale
$300,000

1000 Grindstone Road, Grindstone Twp, ME 04460

Land, Grindstone Twp, ME

Property SizeContact for details
Lot Size62.97 Acres
Days on Market39

Property Features for 1000 Grindstone Road

General Information

Property type Land
Property subtype Other
Zoning P-SL 1&2, P-FP, M-GN
Pets allowed No
Lot features Pasture/ Field, Level, Wooded, Rural
Standard status Active
Lot size 62.97 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 513

Utilities

Sewer type Septic Needed
Water source Well Needed
Water front 1
Listing Agency: United Country Lifestyle Properties of Maine
Listed By: Philip McPhail II
Added: Sep 20 Changed: Oct 27 Last Checked: Oct 28 at 3:06AM
MLS# 1652803

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 62.97-acre waterfront parcel along the East Branch Penobscot River includes an approximately 11-acre island and about 6,800 feet of road frontage on Grindstone Road. Elevations range from approximately 250 to 270 feet above sea level. Identified soils include Colton and Redhook gravelly and sandy loams. Electricity is available roadside; a well and septic system are needed.

The property is in Grindstone Township, about 6 miles from East Millinocket and approximately 15 miles from Millinocket. Bangor is roughly 66 miles away. Zoning designations are P-SL 1&2, P-FP, and M-GN. The river frontage includes gravel bars, bends, and forested ridgelines.

Key Highlights

  • 62.97 acres along the East Branch Penobscot River
  • Approximately 11‑acre private island included
  • About 6,800 feet of road frontage on Grindstone Road

Property Analytics

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Suggested Use

Top Pick Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 04460, ME

1,236
Population
654
Households
1.9
Avg Household Size
53
Median Age
8%
College-Educated
88%
High-School Grad
76.7 sq mi
ZIP Area
16
Density / Sq Mi
$46,125
Median Household Income
$28,200
Median Earnings
$766
Median Rent
$84,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Waterfront Land - A large East Branch Penobscot River holding includes an island, roadside electricity, and several designated zoning districts.
Where is this waterfront land located?
The property is located at 1000 Grindstone Road Grindstone Twp, ME.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 62.97 acres along the East Branch Penobscot River; Approximately 11‑acre private island included; About 6,800 feet of road frontage on Grindstone Road
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