211AB Waterboro Rd Hollis, ME 04042
This exceptional 18.1-acre property in Hollis, Maine, presents a remarkable opportunity. Located at 211AB Waterboro Road, 04042, this land boasts 1443 feet of street frontage and is zoned RR3, offering potential for subdivision into up to six separate lots. The property includes a charming single-family Cape-style home featuring beautiful hardwood floors, wood trim, a kitchen with recess lighting and a custom pantry, a stone fireplace in the living room, and a wood stove. Upstairs, the home offers a loft bedroom and a bonus room, adaptable as an office or guest space. An attached shed offers an additional 578 square feet of potential living space. The property also includes an oversized three-car garage exceeding 1400 square feet, a new efficient furnace, and a sturdy newer metal roof. Enjoy the privacy of this 18+ acre oasis, complete with frontage on Killick Brook, offering opportunities for fishing. Conveniently located just 7 miles from Lake Arrowhead, 4 miles from Ossipee Pond, and 24 miles from Portland, this property combines rural tranquility with easy access to amenities. The asking price is $489,900, reflecting a recent $10,000 price reduction. This represents an incredible opportunity for developers or those seeking a substantial landholding with significant potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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