This 3-bedroom, 1-bath home offers a fantastic opportunity for those looking to invest in a flip project. Situated on approximately 1.7+/- acres in Waite, Maine, the property features a walkout basement that adds to its potential. While the home needs some work, it's the perfect canvas for those with a vision for renovations and upgrades. The spacious lot provides ample outdoor space with plenty of possibilities for landscaping or expansion. This property offers great potential to create a charming home or a profitable investment.
Nestled in the heart of a protected wilderness area, this rare property offers a unique opportunity to own a slice of the nearly undeveloped shoreline of West Musquash Lake. Encompassing 3 acres of land, this lakefront site features a charming cabin that awaits your finishing touches. Surrounded by over three hundred thousand acres of nearly contiguous conservation lands, this location is insured to never be over developed. This is the perfect retreat for nature lovers and outdoor enthusiasts. GREAT LOCATION Located in the tiny town of Talmadge, with a population of just 70, this property offers seclusion while still being within a reasonable distance of essential services. Princeton, the nearest town for services, is just 15 miles away, while the city of Calais is approximately 35 miles. For more extensive amenities and shopping, Lincoln is a 53-mile drive, and Bangor is 102 miles away, about a 2-hour journey. If you're seeking a taste of Canadian culture, St. John, New Brunswick, is just over 100 miles from the property, offering a vibrant city experience with a rich history. LAKE West Musquash Lake, named after the native term for muskrat, is a crystal-clear, cold-water lake spanning 1,613 acres with a depth of 108 feet. The lake is renowned for its excellent fishing, including lake trout, landlocked salmon, brook trout, and cusk, also known as burbot. Whether you're an angler looking for trophy catches or simply enjoy the tranquility of lakefront living, West Musquash Lake has something to offer. LOG CABIN The dovetailed log cabin on the property, approximately four years old, provides a solid foundation for your dream retreat. This unique structure has two 16 X 18 dovetailed log cabins connected by a common roof structure and covered porch. The cabin is still under construction and the owner will include decking the lakeside porch and completing weather-tight eaves and gables for the current offering price.
The median home value in Waite, ME is $125,000. This is lower than the county median home value of $190,200. The national median home value is $338,100. The average price of homes sold in Waite, ME is $125,000. Approximately 36.07% of Waite homes are owned, compared to 1.64% rented, while 62.3% are vacant. Waite real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Waite real estate agent to arrange a tour today!
Waite, Maine 04492 has a population of 43. Waite 04492 is more family-centric than the surrounding county with 50% of the households containing married families with children. The county average for households married with children is 22.5%.
The median household income in Waite, Maine 04492 is $59,375. The median household income for the surrounding county is $46,689 compared to the national median of $69,021. The median age of people living in Waite 04492 is 54.8 years.
The average high temperature in July is 78.5 degrees, with an average low temperature in January of 4.6 degrees. The average rainfall is approximately 46.1 inches per year, with 90.9 inches of snow per year.