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Waterfront Lake View Buildable Lot
For Sale
$439,000
Pending

Lot 7 Sanctuary Drive, Rangeley, ME 04970

Build-ready waterfront land with deeded access to Hunter Cove and panoramic Rangeley Lake and mountain views.

Property SizeContact for details
Lot Size5.86 Acres
Days on Market464

Property Features for Lot 7 Sanctuary Drive

General Information

Standard status Pending
Lot size 5.86 Acres
Property subtype Lots/Land

Additional Details

Water Rights Yes

Taxes and HOA fees

Annual Taxes $2,743
Listing Agency: Morton & Furbish Agency
Listed By: Melissa Shea
Source: Exitrealty
Added: May 6, 2025 Changed: Aug 8 Last Checked: May 29 at 10:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Morton & Furbish Agency

Investment Insights

Based on property information with market context.

This 5.86-acre buildable lot offers panoramic views of Rangeley Lake and Saddleback Mountain, along with deeded water access to Hunter Cove. The property sits at a high point in Sanctuary Farm and is positioned at the end of a quiet road for privacy.

The lot includes open fields and a simple driveway already in place. It also provides direct access to snowmobile trails from the property, supporting year-round outdoor use. In addition, the parcel borders conservation land, helping preserve views and limiting development directly behind the property.

Located in Rangeley, Maine, the setting is convenient to both Oquossoc village and downtown Rangeley, with Mingo Springs nearby for golf enthusiasts.

Key Highlights

  • 5.86‑acre lot with panoramic views of Rangeley Lake and Saddleback Mountain
  • Deeded water access to Hunter Cove
  • Located at the end of a quiet road for privacy

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Building Supply Garden Center Big Box & Wholesale Store Kitchen & Bath Showroom

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

Lease Details

Yes
Water rights

Location Intelligence

Trade Area within ½ mile

145
Businesses Nearby

Demographics for 04970, ME

1,632
Population
2,286
Households
0.7
Avg Household Size
55
Median Age
31%
College-Educated
94%
High-School Grad
224.8 sq mi
ZIP Area
7
Density / Sq Mi
$58,182
Median Household Income
$37,443
Median Earnings
$698
Median Rent
$287,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build-ready waterfront land with deeded access to Hunter Cove and panoramic Rangeley Lake and mountain views.
Where is this residential land & home lot located?
The property is located at Lot 7 Sanctuary Drive Rangeley, ME.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: 5.86‑acre lot with panoramic views of Rangeley Lake and Saddleback Mountain; Deeded water access to Hunter Cove; Located at the end of a quiet road for privacy
More about this property
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