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    Medway, ME
    Waterfront

    Medway, ME Waterfront Land for Sale

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    East Millinocket, ME Millinocket, ME Mattawamkeag, ME Woodville, ME Chester, ME Winn, ME Kingman Twp, ME Lincoln, ME
    6 properties
    Waterfront Land with River Frontage
    Updated: Jul 13
    Waterfront Land with River Frontage

    Old Farm Road lot: 19B, Medway, ME 04460

    $154,900
    5.20 AC lot
    5.2‑acre waterfront parcel in Medway with about 400 ft of frontage on the West Branch of the Penobscot River
    State‑approved for up to 4 mobile home sites
    Includes 2 existing tenant‑owned homes on a month‑to‑month lot lease generating monthly income
    Flexible residential/commercial zoning
    Water source: well; sewer: private sewer
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    Maine Land with River Frontage
    Updated: Mar 3
    Maine Land with River Frontage

    1000 Grindstone Road, Grindstone Twp, ME 04460

    $300,000
    62.97 AC lot
    62± acres featuring approximately 7,000 feet of frontage on the East Branch Penobscot River, including an 11± acre private island.
    Exceptional recreational, conservation, and legacy value due to extensive river frontage and unique island feature.
    Authentic wilderness character in an unorganized township (T1R7 WELS) with minimal population, yet accessible to nearby towns for services.
    More than a mile of cold, clear, free‑flowing river frontage prized for wilderness fisheries and paddling.
    Roadside electricity provides practical development potential while maintaining a remote feel.
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    Riverfront Land with Development Potential
    Riverfront Land with Development Potential

    Grindstone Road lot: 5-9, Medway, ME 04460

    $74,900
    9.00 AC lot

    9 acres with 525 feet of East Branch frontage.

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    Waterfront Recreational Land
    Waterfront Recreational Land

    M14-l17 Pattagumpus Road, Medway, ME 04460

    $135,000
    544,500 sqft 12.50 AC lot

    Waterfront land on the Penobscot River with extensive acreage for hunting, fishing, and outdoor recreation.

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    Waterfront Land Parcel
    Waterfront Land Parcel

    M14L17 Pattagumpus Road, Medway, ME 04460

    $135,000
    12.50 AC lot

    Shoreland-zoned Penobscot River waterfront land totaling 12.5 acres with easy access to Interstate 95.

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    Waterfront Land with Private Island
    Waterfront Land with Private Island

    1000 Grindstone Road, Grindstone Twp, ME 04460

    $300,000
    62.00 AC lot

    Large East Branch Penobscot River holding with extensive frontage and an included private island for recreation or conservation use.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Medway, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Recreation Land with Lake Access
    Waterfront Recreation Land with Lake Access

    Millinocket, ME 04462

    $569,000
    5.80 AC lot

    5.8-acre surveyed waterfront lot with direct lake access, beach area, and driveway with ample parking.

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    Waterfront Land Lot
    Waterfront Land Lot

    T1R8 WELS Millinocket Lake, Millinocket, ME 04462

    $229,000
    1.01 AC lot

    Waterfront lot with approximately 216 feet of Millinocket Lake frontage on 1.01 acres.

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    Waterfront Recreation Land with Driveways
    Waterfront Recreation Land with Driveways

    50 Wilderness Park Road, Mattawamkeag, ME 04459

    $180,000
    34.00 AC lot

    Recreation land with approximately 1,500 feet of Mattawamkeag River frontage, plus about 1,500 feet on Wilderness Park Road.

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    Penobscot River Waterfront Land
    Penobscot River Waterfront Land

    Medway Road Route 157 lot: 1C, Mattawamkeag, ME 04459

    $49,900
    3.89 AC lot

    3.89 acres of wooded waterfront property on the Penobscot River.

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    Medway, ME Waterfront Land Market Trends and Statistics

    Explore 6 waterfront land for sale in Medway, ME, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 7,151,245 square feet of properties for sale, with an estimated market value of $1,099,800.

    Sale prices for water rights properties in Medway, ME start at $74,900, averaging $183,300, and reaching up to $300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Waterfront Land 6
    Hunting land 2
    Recreation land 2
    Commercial land 1

    Demographics Overview

    Population 1,144
    Population Growth (5Y) -6.5%
    Median Household Income $46,125
    College Educated 10.7%

    High-Yield Neighborhoods for Investment

    Identify Medway submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04460 $123.3K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Penobscot County

    New Delisted

    Total CRE Inventory on Market (SF)

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