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Waterfront Land with Level Lot

RT 157 Medway Road, Molunkus Twp, ME 04459

For Sale
$104,900

Land, Molunkus Twp, ME

Property SizeContact for details
Lot Size7.40 Acres
Days on Market53

Property Features for RT 157 Medway Road

General Information

Property type Land
Property subtype Other
Zoning Residental
Parking features None
Pets allowed No
Lot features Wooded, Near Golf Course, Near Shopping, Near Turnpike/ Interstate, Rural
Standard status Active
Lot size 7.40 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 572

Utilities

Sewer type Septic Needed
Water source Well Needed
Water front features Stream, Waterfront
Water front 1
Listing Agency: Berkshire Hathaway HomeServices Northeast Real Estate · Prudential Real Estate
Listed By: Charles Theriault
Added: Sep 23 Changed: Nov 3 Last Checked: Nov 14 at 4:06AM
MLS# 1681719

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 7.4-acre waterfront parcel in Molunkus Township includes a fairly level lot along the impoundment of Weldon Dam. The property features waterfront and stream frontage, with water levels described as changing very little. The setting supports swimming and bass fishing, while the terrain provides a level base for evaluating future plans.

Located on RT 157 Medway Road in Aroostook County, the property is identified for residential zoning. A well and septic system would be needed, and no parking is provided on site.

Key Highlights

  • 7.4‑acre waterfront parcel
  • Waterfront on the Weldon Dam impoundment
  • Fairly level lot

Property Analytics

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Suggested Use

Top Pick Home Appliance 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.

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 04459, ME

669
Population
478
Households
1.4
Avg Household Size
53
Median Age
7%
College-Educated
87%
High-School Grad
77.0 sq mi
ZIP Area
9
Density / Sq Mi
$43,750
Median Household Income
$32,578
Median Earnings
$425
Median Rent
$84,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Waterfront Land in Penobscot County

Jul
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Residential-zoned waterfront parcel with swimming, fishing, and limited water-level variation.
Where is this waterfront land located?
The property is located at RT 157 Medway Road Molunkus Twp, ME.
What is the asking price?
The asking price for this property is $104,900.
What are key features of this property?
This property features: 7.4‑acre waterfront parcel; Waterfront on the Weldon Dam impoundment; Fairly level lot
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