Riverfront Land with Development
For Sale
$74,900
Grindstone Road lot 5-9, Medway, ME 04460
LAND - Medway, ME
Property SizeContact for details
Lot Size9.00 Acres
Days on Market104
Property Features for Grindstone Road lot 5-9
General Information
Property type
Land
Property subtype
Other
Zoning
D-RS
Parking features
None
Pets allowed
No
Lot features
Rolling/ Sloping, Harvestable Crops, Level, Wooded, Rural
Standard status
Active
Lot size
9.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
502
Utilities
Sewer type
Septic Needed
Water source
Well Needed
Water front
1
Listing Agency:
Keller Williams Realty
(207) 879-9800
Listed By:
Richard Theriault · License #BR925496
(207) 731-9902
Added: May 1
Changed: Jul 28
Last Checked: Aug 12 at 1:06PM
MLS# 1660278
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 property features approximately 9 surveyed acres in Grindstone Township, Maine, offering 525 feet of frontage on the East Branch of the Penobscot River. The land is divided by Route 11, with approximately 1.75 acres on the river side and the remaining acreage directly across the road. The riverfront parcel allows easy access for fishing, canoeing, kayaking, campfires, seasonal camping, or parking a self-contained RV. The larger upland parcel across the road is wooded and suitable for a cabin, seasonal retreat, or year-round home. Electric power is available on both sides of the road. The terrain is generally level with sandy and gravelly loam soils. The property has a mix of mature hardwood and softwood trees, with a few old apple trees hinting at former homestead use. Recreational opportunities include boating, snowmobiling, ATV riding, hunting, and access to Baxter State Park, Katahdin Woods & Waters National Monument, and the Penobscot River Trails. The property is located in low-tax Grindstone Township.
Key Highlights
- Enjoy 525± feet of frontage on the East Branch of the Penobscot River with private river access.
- 9± surveyed acres**, including a buildable parcel across from the riverfront.
- Year‑round access on a paved, state‑maintained highway with electric power available on both parcels.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - 9 acres with 525 feet of East Branch frontage.
Where is this waterfront land located?
The property is located at Grindstone Road lot 5-9 Medway, ME.
What is the asking price?
The asking price for this property is $74,900.
What are key features of this property?
This property features: Enjoy **525± feet of frontage on the East Branch of the Penobscot River** with private river access.; 9± surveyed acres**, including a buildable parcel across from the riverfront.; Year‑round access on a paved, state‑maintained highway with electric power available on both parcels.
