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  • $630,000

    23 Old Road, Gray, ME 04039

    3beds
    1,750sqft
    Single Family Residence
    Built in 1955
    2.11 Acres Lot
    $630,100 Zestimate®
    $360/sqft
    $2,953 Estimated rent

    Home value

    $630,100

    $599,000 - $662,000

    $2,953/mo

    Zestimate® history
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    What's special

    Rare opportunity to own a 2 acre legacy waterfront property with over 200 feet of owned frontage on highly sought-after Forest Lake. Tucked away in a peaceful ''no wake'' cove, this extraordinary property offers unmatched privacy, breathtaking west and southwest facing lake views, and stunning sunsets year-round. Just 20 minutes from Portland, the location also offers convenient access to I-95. Set on an exceptionally beautiful lot with granite ledges, mature trees, and a park-like setting, the property features a classic seasonal cottage. A private sandy beach with gradual walk-in access creates the perfect setting for swimming, boating, and lakeside gatherings, with multiple options for future dock placement. Forest Lake is known for its quiet, private feel with no public access, spanning 211 acres with approximately four miles of shoreline and excellent large and smallmouth bass fishing. The setting is equally appealing to nature lovers, with frequent sightings of loons, bald eagles, osprey, and other native wildlife, all surrounded by old-growth hemlocks, white pines, and oaks. The cottage is in need of significant renovation or replacement, offering a rare opportunity to restore, rebuild, or reimagine the property into a one-of-a-kind waterfront retreat. The property also includes a newly approved four-bedroom septic design ready for filing by the next owner, as well as a 1,200 square foot lakeside grand stone patio overlooking the water. A truly special offering where the value is in the land, the setting, and the opportunity to create something exceptional on one of the area's most treasured lakes. Also listed as land MLS# 1666795.

    Zillow last checked:

    Listing updated:

    Listed by:

    Vitalius Real Estate Group, LLC

    Bought with:

    Fontaine Family-The Real Estate Leader

    Source: Maine Listings,MLS#: 1666795MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom 1
    • Level: First
    Bedroom 2
    • Level: First
    Bedroom 3
    • Level: First
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Other, Forced Air
    Cooling
    • None
    Appliances
    • Included: Gas Range, Refrigerator
    Features
    • Flooring: Hardwood, Linoleum
    • Basement: Exterior Entry,Dirt Floor,Crawl Space,Sump Pump
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,750
    • Total interior livable area: 1,750 sqft
    • Finished area above ground: 1,750
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved, 5 - 10 Spaces, On Site, Detached
    • Garage spaces: 2
    Features
    • Patio & porch: Patio, Screened
    • Has view: Yes
    • View description: Scenic, Trees/Woods
    • Body of water: Forest Lake
    • Frontage length: Waterfrontage: 215,Waterfrontage Owned: 215
    Lot
    • Size: 2.11 Acres
    • Features: Near Turnpike/Interstate, Rural, Rolling Slope, Wooded
    Details
    • Parcel number: GRAYM075B201L008000
    • Zoning: Shoreland

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Camp,Cottage,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Wood Siding
    • Foundation: Pillar/Post/Pier
    • Roof: Shingle
    Condition
    • Year built: 1955

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Private Sewer, Unknown, Septic Design Available, Septic Needed
    • Water: Private, Seasonal, Well, Well Needed on Site

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $150 annually
    Location
    • Region: Gray

    Financial & listing details

    • Price per square foot: $360/sqft
    • Tax assessed value: $556,900
    • Annual tax amount: $5,391
    • Date on market: 6/11/2026
    • Road surface type: Dirt

    Price history

    DateEventPrice
    7/27/2026Sold$630,000$360/sqft
    Source: Maine Listings #1666795 Report a problem
    6/22/2026Pending sale$630,000$360/sqft
    Source: Maine Listings #1667266 Report a problem
    6/11/2026Listed for sale$630,000+5.9%$360/sqft
    Source: Maine Listings #1666795 Report a problem
    6/29/2022Sold$595,000$340/sqft
    Source: Maine Listings #1534566 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,402 -23.3%$556,900 +20%
    2023$7,042 +8.8%$463,900
    2022$6,471 -2.4%$463,900 +3.2%
    2020$6,629 $449,400
    2019$6,629 +5.4%$449,400
    2018$6,292 +34%$449,400 +72.8%
    2017$4,695 -1.4%$260,100
    2016$4,760 +0.5%$260,100
    2015$4,734 $260,100
    2014$4,734 +14.8%$260,100 0%
    2012$4,123 +2.6%$260,111
    2011$4,019 $260,111 +0%
    2009-- $260,110
    2008-- $260,110
    2005$3,225 $260,110
    Find assessor info on the county website

    Neighborhood: 04039

    Nearby schools

    GreatSchools rating
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