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Approved Active Adult Development Land
For Sale
$1,850,000

Bradley Road lot 00, Milford, ME 04461

LAND - Milford, ME

Property SizeContact for details
Lot Size55.00 Acres
Days on Market50

Property Features for Bradley Road lot 00

General Information

Property type Land
Property subtype Other
Zoning shoreland
Parking features Off Street
Lot features Well Landscaped, Rolling/ Sloping, Level, Wooded, Rural, Subdivided
Standard status Active
Lot size 55.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7784

Utilities

Sewer type Public Sewer
Water source Public
Water front features Stream
Water front 1
Listing Agency: Realty of Maine
Listed By: Renee Hudgens · License #BR918538
Added: Jun 18 Last Checked: Aug 6 at 10:06AM
MLS# 1667940

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.

Investment Insights

Based on property information with market context.

This offering is approved land for Deer Park Village, a 55+ active adult community planned for condominium homes. The development includes 71 approved duplex building sites totaling 142 condominium homes across three phases. Phase one, a 40-unit duplex component, is complete and ready for homes, with city water, city sewer, paved roads, and above-ground electrical power already in place.

The overall plan sits on 55 acres and includes frontage along the Penobscot River corridor. The project is located in Milford, Maine, just minutes from Bangor and the region’s healthcare, retail, and employment hub, with nearby access to major transportation routes. Zoning is designated as shoreland, and the package includes engineering, planning, and permitting work supporting the approved development.

For developers and buyers looking for a move-forward site, this is being offered as an approved development with engineering plans, approvals, and supporting documentation available upon request. With major infrastructure investment already completed or underway—including municipal water and sewer, roadway construction, electrical service, surveying, and site improvements—the project is positioned to proceed with subsequent phases within the approved master-planned community. The first phase being ready supports near-term construction planning aligned with the remaining approved plan.

Key Highlights

  • Approved 142‑unit 55+ active adult development planned across three phases
  • 71 approved duplex building sites for 142 condominium homes
  • Phase 1: 40‑unit phase is complete and ready for homes

Property Analytics

Current Use

Duplexes

Lease Details

142
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby

Demographics for 04461, ME

3,069
Population
1,426
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
87%
High-School Grad
45.6 sq mi
ZIP Area
67
Density / Sq Mi
$63,892
Median Household Income
$39,899
Median Earnings
$968
Median Rent
$183,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Approved land for a 55+ active adult duplex development with infrastructure and permitting in place for phased construction.
Where is this duplex located?
The property is located at Bradley Road lot 00 Milford, ME.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Approved 142‑unit 55+ active adult development planned across three phases; 71 approved duplex building sites for 142 condominium homes; Phase 1: 40‑unit phase is complete and ready for homes
More about this property
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