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R4L5 Otis RoadOtis, ME 04605Price: $369,900

  • Price: $369,900
  • Est. Mortgage of $/month
$
$
%
$/month over payments
Federal 30-year interest rate: 5.7% last updated on Jun 30, 2022
* 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.
  • $369,900List Price
  • 340Acreage

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Listed by United Country Lifestyle Properties of Maine
We have found the allusive large tract of land between Bangor and Ellsworth. This is an opportunity to invest in timber, potential lot sales, or your own recreational land with access to Beech Hill Pond just minutes from services. The parcel of land is 340+/- acres with frontage on Otis Road and Turtle Cove Road. Electricity is available along both roads. The land is all timberland with a varying aged forest. A small lot with frontage on Beech Hill Pond is also included in the sale of the real estate. This lot is not big enough to build on, but is an opportunity to keep a dock and boat.The forest on the land is largely mixed wood with most of Maine's hardwood and softwood trees present. Topography on site ranges from 220 to 320+/- FASL. Interesting features on the land include; a prominent hill in the southwest corner of the land with a potential view of Beech Hill Pond should you harvest the trees facing the lakeside of the property. Turtle Brook meanders through the center of the land and forms a small pond and great wetland habitat. This ponds outflow enters Beech Hill Pond in Turtle Cove. Soils on the property are reported by NRCS to be a mix of sandy loams, loamy sands, gravelly and stony loams among other complex soil mixes. The property is currently in tree growth tax status and a forest management plan is in place and will be given to the new owner.Beech Hill Pond is one of Hancock Counties favorite lakes with 1,351 surface acres and depths exceeding 100 feet. This lake was the source of the state record lake trout of over 30 pounds that held until 2020.The lakes large size and depths make it a great lake for boating.The town of Otis is located just east of Route 1 and borders the City of Ellsworth. It is a rural town yet is just a short drive to all the services to be had in Ellsworth. The full-time population of Otis is about 670.If you need more information call today for a property information package or to schedule a time to see the property.

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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. ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

De Raat Realty participates in ©2022 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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