331 Somersworth RoadNorth Berwick, ME 03906Price: $674,900

  • Price: $674,900
  • Est. Mortgage of $/month
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$
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Federal 30-year interest rate: 3.04% last updated on Apr 15, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $674,900List Price
  • 57Acreage
ENDLESS OPPORTUNITIES. This predominately wooded parcel is nestled between Abbott and Frost Brooks just off Rt. 9, approximately 1.6 miles West of the Rt. 4 intersection in North Berwick. The property is made up of three deeded lots of record totaling 57-acres and approximately 1,952 feet of frontage in all. A portion of the property is in the Residential II District, but much of the acreage is in the less restrictive Residential I District. Meandering through the trees and bounded by manicured lawns, you will find an established 900' packed gravel road that runs from Rt. 9 into the heart of the property. The road eventually splits and wraps around the site of a former estate which has been completely reclaimed. The grounds are stunning and feature mature plantings, young fruit trees, a large pond, established lawns and thousands of dollars' worth of dry-stacked stone walls framing various features of the property. Adjacent to the pond is a large, cleared site suitable for another building or large tent for functions. At the back of the property is a massive temporary wood-clad structure ideal for various types of storage needs. There is a 14'x14' capped foundation with full basement that served as the base of an old wood-fired furnace. Existing onsite is a 15' dug well and a fully functional septic system designed to accommodate a 4-bedroom home and a woodshop with 10 employees. The property offers 3-phase underground power that runs from Rt. 9 to a large transformer at the estate site. The disconnects and meters for the power are in a 10'x12' shed and the utilities can be serviced from two pull boxes along the gravel road. Most of the development has occurred on a 10-acre parcel while the remining 47-acres have remained untouched. Build a single-family home in the existing footprint, run a home-based business, establish a family compound, or group everything together and develop the land in another manner. As we said at the start, there are endless opportunities!
Listed by Exit Oceanside Realty

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2021 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Peter Allen participates in ©2021 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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