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    2 Manhattan Way Mariaville, ME 04605

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

    Current Use by Public Records

    • Land

    Property Details for 2 Manhattan Way

    Lot size
    1.64 lot acres
    Property type
    Land

    Description

    This 1.64-acre commercial lot, located at Lot 2 Manhattan Way in Ellsworth, Maine (04605), presents a unique opportunity for development. Situated in a private subdivision off North Bend Road, this property boasts a tranquil setting less than five minutes from downtown Ellsworth and close to the town of Surry. The land is characterized by a rolling/sloping terrain with a wooded view and offers proximity to numerous lakes and ponds. The lot is part of a seven-lot subdivision with gravel/dirt roads maintained by the homeowner's association. Please note that the property currently lacks essential utilities: no driveway, parking, electricity, gas, water, or sewer are available on-site. A well and septic system will be required for any future construction. The permitted zoning is residential, making it ideal for a new home or potential future development. The Hancock County location provides a peaceful, rural atmosphere while remaining conveniently close to Ellsworth's amenities. The APN is lot2manhattanwayellsworth. The asking price is $39,000.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mariaville
    County
    Hancock
    State
    Maine
    Longitude
    -68.5142
    Latitude
    44.5345

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      6 Manhattan Way

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    2 Manhattan Way
    Mariaville, ME 04605
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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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