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    61 Lovewell Pond Rd Fryeburg, ME 04037

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    For Sale
    $425,000

    Duplex in the heart of Fryeburg Village.

    Lot size:
    1.18 Acres

    Property Features for 61 Lovewell Pond Rd

    General Information

    Lot size
    1.18 Acres

    Building Details

    Year built
    2000

    Source: KW Coastal and Lakes & Mountains Realty/N Conway Agent Kimberly Clarke

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fryeburg Village Intown Duplex

    This intown duplex is located in the heart of Fryeburg Village. Each unit features two bedrooms, two baths, a large living/dining room, and a full basement suitable for storage. The property includes a nice yard and ample parking. It is close to Fryeburg Academy, Molly Ockett, Town Hall, and in-town shops and restaurants. The property is located just over the border from North Conway, NH, and a short trip from Bridgton, Maine. Weston's Beach on the Saco, the Mountain Division bike and walking trail, and the Fryeburg Fairgrounds are also nearby. The building has two septic tanks, a leach field new in 2022, and is on public water. The property is one hour from Portland, Maine. It can be used as a long-term rental to area residents or short-term rental to vacationers.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fryeburg
    County
    Oxford
    State
    Maine
    Longitude
    -70.9636925
    Latitude
    44.0175352

    Nearby Similar for Sale

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      Historic Fryeburg Commercial Opportunity

      4160 SF building in Fryeburg's Village/Commercial zone.
      519 Main St, Fryeburg, ME 04037
      View Details
    • $1,100,000
      6,638 SF

      Fryeburg Commercial Property - 8 Acres

      Versatile 6,638 sq ft building, 8.1 acres, ample parking.
      253 Bridgton Rd, Fryeburg, ME 04037
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    FAQs

    What type of property is this?
    Duplex - Duplex in the heart of Fryeburg Village.
    Where is this duplex located?
    The property is located at 61 Lovewell Pond Rd Fryeburg, ME.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Duplex in the heart of Fryeburg Village offers income potential.; - Each unit features 2 bedrooms and 2 baths, plus a full basement.; - New leach field installed in 2022.
    (603) 986-0840
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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
    61 Lovewell Pond Rd Fryeburg, ME 04037
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