Residential

Medway, ME Residential Land & Home Lots for Sale

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East Millinocket, ME Woodville, ME Millinocket, ME Molunkus Twp, ME Mattawamkeag, ME Winn, ME Chester, ME Lincoln, ME
Riverfront Land with Development Potential
Updated: Jun 11
Riverfront Land with Development Potential

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

$74,900
9.00 AC lot
Enjoy 525± feet of frontage on the East Branch of the Penobscot River with private river access.
9± surveyed acres**, including a buildable parcel across from the riverfront.
Year‑round access on a paved, state‑maintained highway with electric power available on both parcels.
Located in low‑tax Grindstone Township.
Close proximity to Baxter State Park, Katahdin Woods & Waters National Monument, and the Penobscot River Trails.
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Land, Medway, ME
Updated: Nov 7
Land, Medway, ME

1119 Pattagumpus Road, Medway, ME 04460

$59,500
0.65 AC lot
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Unimproved Land
Unimproved Land

Lot 5-9 Grindstone Road, Medway, ME 04460

$74,900

Waterfront Land

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3 active listings match your search: Residential Lot for sale in Medway, ME. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Millinocket Land with Development Potential
Millinocket Land with Development Potential

6 & 6A Forest Avenue, Millinocket, ME 04462

$129,900
2.26 AC lot

2.26-acre residential land in Millinocket, Maine, with utilities access.

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Waterfront Land Parcel with River Frontage
Waterfront Land Parcel with River Frontage

154 US-2, Winn, ME 04451

$40,000
0.86 AC lot

Undeveloped forest parcel with 100 feet of Penobscot River frontage in Winn, zoned residential.

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Land, Winn, ME
Land, Winn, ME

22 Winn Road, Winn, ME 04495

$32,500
0.60 AC lot

Residential land & home lots · 0.60 Acres

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Millinocket, ME
Millinocket, ME

21 Hasbro Road, Millinocket, ME 04462

$69,000
4.37 AC lot

Residential land & home lots · 4.37 Acres

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

Explore 3 residential land & home lots for sale in Medway, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 420,354 square feet of properties for sale, with an estimated market value of $209,300.

Sale prices for home sites in Medway, ME start at $59,500, averaging $69,766, and reaching up to $74,900 — 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

Recreation land 6
Waterfront Land 5
Hunting land 2
Residential land & home lots 2
Commercial land 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 $101.6K

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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