Medway, ME
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    Medway, ME Waterfront Land for Sale

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    East Millinocket, ME Millinocket, ME Mattawamkeag, ME
    Medway Waterfront Land For Sale
    $159,900
    5.20 Acres
    Medway Waterfront Land For Sale

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

    5.2-acre waterfront parcel with residential/commercial zoning near I-95.
    • 5.2‑acre waterfront parcel in Medway with +/- 400' of frontage on the West Branch of the Penobscot River
    • State‑approved for up to 4 mobile home sites
    • Water source: private well; sewer: private sewer
    • Two existing tenant‑owned homes on month‑to‑month lot lease generating monthly income
    • Flexible residential/commercial zoning
    Updated: Apr 24
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    Maine Land with River Frontage
    $300,000
    62.97 Acres
    Maine Land with River Frontage

    1000 Grindstone Road, Grindstone Twp, ME 04460

    62-acre property with 7,000 feet of river frontage.
    • 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.
    Updated: Mar 3
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    Riverfront Land with Development Potential
    $74,900
    9.00 Acres
    Riverfront Land with Development Potential

    9 acres with 525 feet of East Branch frontage.

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

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    Waterfront Land on Penobscot River
    $135,000
    12.50 Acres
    Waterfront Land on Penobscot River

    12.5 acres of waterfront land on the Penobscot River.

    M14L17 Pattagumpus Road, Medway, ME 04460

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    Waterfront Land with Private Island
    $300,000
    62.00 Acres
    Waterfront Land with Private Island

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

    1000 Grindstone Road, Grindstone Twp, ME 4460

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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.

    Enfield, ME Lakefront Land Parcel
    $350,000
    20.00 Acres
    Enfield, ME Lakefront Land Parcel

    20-acre lakefront land with mature forest and recreational opportunities.

    P/O M29L23 Bluff Road, Enfield, ME 04493

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    Wooded Lakefront Land Investment
    $975,000
    825.00 Acres
    Wooded Lakefront Land Investment

    Large acreage with lake frontage, stream frontage, and gravel-road access for a remote, off-grid style retreat.

    Wytopitlock, ME 04497

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    Cold Stream Pond Waterfront Land
    $275,000
    2.32 Acres
    Cold Stream Pond Waterfront Land

    Lakefront property on Cold Stream Pond in Enfield, Maine.

    P/O M6L2 Fern Ridge Road, Enfield, ME 04493

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    Maine Waterfront Land For Sale
    $140,000
    2.23 Acres
    Maine Waterfront Land For Sale

    Remote lakefront land with driveway and pad ready to build.

    Wytopitlock, ME 04497

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    Medway, ME Waterfront Land Investment Opportunities Market Analysis

    Explore 5 waterfront land for sale in Medway, ME, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $969,800.

    Sale prices for water rights properties in Medway, ME start at $74,900, averaging $193,960, 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 5
    Commercial land 2
    Recreation land 2
    Agricultural land / Farmland 1
    Residential land & home lots 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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