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    Gray, ME
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    Gray, ME Residential Land & Home Lots for Sale

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    7 properties
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    Land with Subdivision Potential
    Updated: Jul 12
    Land with Subdivision Potential

    1 Blackthorne Lane, Gray, ME 04039

    $449,999
    28.30 AC lot
    28+ acres with subdivision potential (design in place, needs revision/approval).
    Located at the end of a quiet, desirable neighborhood offering privacy.
    Unbeatable location: minutes to I‑95 and Gray Village.
    Easy commute to Portland, Lewiston/Auburn, and surrounding cities.
    Peaceful setting surrounded by natural beauty.
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    Private Wooded Acreage in Gray, ME
    Updated: Jul 15
    Private Wooded Acreage in Gray, ME

    M20/21/311 Shaw Brook Lane, Gray, ME 04039

    $139,900
    12.00 AC lot
    12 private acres of wooded land
    Convenient access to Maine Wildlife Park, Crystal Lake/public beach, Libby Hill Trails, and Spring Meadows Golf Course
    Close proximity to I‑95 ME Turnpike Exit 63
    Country living setting
    Driveway parking
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    Wooded Residential Land Parcel
    Wooded Residential Land Parcel

    Lot 009 Westwood Road, Gray, ME 04039

    $225,000
    237,402 sqft 5.45 AC lot

    Wooded, elevated parcel set back from the road with natural contours and convenient access to major routes.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Wooded Residential Development Land
    Wooded Residential Development Land

    Lot 8-9 Westwood Road, Gray, ME 04039

    $425,000
    438,649 sqft 10.07 AC lot

    Two combined parcels total 10.07 acres, accessed via a deeded right of way, with multiple potential building areas.

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    Wooded Country Land Parcel
    Wooded Country Land Parcel

    M20/21/311 Shaw Brook Lane, Gray, ME 04039

    $139,900
    12.00 AC lot

    12 private acres in a wooded setting with convenient access to local parks, lakes, trails, and I-95.

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    28+ Acre Development Land Parcel
    28+ Acre Development Land Parcel

    1 Blackthorne Lane, Gray, ME 04039

    $449,999
    28.00 AC lot

    Large residential land parcel with subdivision design in place, subject to town board approval.

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    Private Buildable Lot
    Private Buildable Lot

    Lot# 1 Summit Road, Gray, ME 04039

    $165,000

    Private interior lot offered for sale near shopping, town, and major road access.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Gray, 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.

    Wooded Land in Cumberland, Maine
    Wooded Land in Cumberland, Maine

    Tinker Lane, Cumberland, ME 04021

    $175,000
    3.45 AC lot

    3.45 acre wooded lot near West Cumberland development.

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    Residential Development Land Tract
    Residential Development Land Tract

    45 Tavern Hill, Windham, ME 04062

    Contact for pricing
    9.40 AC lot

    Up to four-lot residential subdivision potential on a 9.4-acre tract with 908 feet of frontage.

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    LAND - Windham, ME
    LAND - Windham, ME

    Tavern Hill, Windham, ME 04062

    $445,000
    9.40 AC lot

    Land · 9.40 Acres

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    LAND - Cumberland, ME
    LAND - Cumberland, ME

    64-G Browning Way, Cumberland, ME 04021

    $239,900
    2.52 AC lot

    Land · 2.52 Acres

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    Gray, ME Residential Land & Home Lots Market Trends and Statistics

    Explore 7 residential land & home lots for sale in Gray, ME, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 4,173,919 square feet of properties for sale, with an estimated market value of $1,994,798.

    Sale prices for home sites in Gray, ME start at $139,900, averaging $284,971, and reaching up to $449,999 — 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

    Residential land & home lots 7
    Agricultural land / Farmland 1

    Demographics Overview

    Population 8,004
    Population Growth (5Y) +5.9%
    Median Household Income $94,284
    College Educated 59.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    04039 $796.6K

    Taxes & Financing

    Tax Rate (average for all types) 1.52%
    Property Tax per SF $56.38 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cumberland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cumberland County

    Retail

    Office

    Residential Income

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