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  • $630,000

    23 Old Road, Gray, ME 04039

    3beds
    1,750sqft
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    Single Family Residence
    Built in 1955
    2.11 Acres Lot
    $833,600 Zestimate®
    $360/sqft
    $13/mo HOA

    What's special

    Classic seasonal cottageMature treesStunning sunsets year-round
    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.
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Vitalius Real Estate Group, LLC

    Source: Maine Listings,MLS#: 1666795MLS Logo

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      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

        Estimated market value

        $833,600

        $750,000 - $934,000

        $3,065/mo

        Price history

        DateEventPrice
        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

        Monthly payment

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 04039

          Getting around

          7 / 100
          Car-Dependent
          24 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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