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    524 A Rdg Rd Oakfield, ME 04763

    • Land
    • 15.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 524 A Rdg Rd

    Lot size
    15.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 15-acre property in Oakfield, Maine, presents a unique investment opportunity. The land boasts a diverse landscape, including a beautiful open field and a wooded area, ideal for hunting and recreational activities. Its prime location sits directly on a snowmobile trail, with easy access to several nearby lakes, enhancing its appeal for outdoor enthusiasts. The property includes a substantial 6000+ square foot barn, offering ample storage space for equipment or potential conversion. Currently, the property features two homes. One is a 2-bedroom, 1-bathroom residence currently used as an Airbnb, generating potential rental income. The second home requires interior finishing. The site has already received approval for the construction of four additional 2-bedroom homes, with existing septic and well systems in place, ready to support this expansion. This presents a flexible opportunity; continue the approved development plan, utilize the existing homes for personal use and rental income, or pursue a single-family residential approach. Located at 524 A Ridge Rd, Oakfield, ME 04763, this versatile property offers a blend of residential, recreational, and potential commercial possibilities. The asking price is $325,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oakfield
    County
    Aroostook
    State
    Maine
    Longitude
    -68.1017
    Latitude
    46.1133

    Comparable in this City

    • Value Estimation by Request
      230.80 Acres

      524 Ridge Rd

      Land • 230.80 Acres
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      39.20 Acres

      Oakfield lots 6 & 7 Morrison Brk Rd

      Land • 39.20 Acres
      Oakfield lots 6 & 7 Morrison Brk Rd, Houlton, ME 04763
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      87.70 Acres

      77 Currie Rd

      Land • 87.70 Acres
      77 Currie Rd, Oakfield, ME 04763
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      28.50 Acres

      Brown Rd

      Land • 28.50 Acres
      0 Brown Rd, Oakfield, ME 04763
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    • Value Estimation by Request
      148.00 Acres

      Oakfield Rd

      FINANCIAL BUILDING • 148.00 Acres
      Oakfield Rd, Oakfield, ME 04763
      View Details
    • Value Estimation
      $265,000
      3.33 Acres

      315 Oakfield Smyrna Rd

      CHARITABLE ORGANIZATION • 3.33 Acres
      315 Oakfield Smyrna Rd, Oakfield, ME 04763
      View Details
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    524 A Rdg Rd
    Oakfield, ME 04763
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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