Active

Price cut: $20K (9/16)

$329,000

362 Lamb Farm Road, Baileyville, ME 04694

5beds

1,400sqft

$2,266/mo

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Single Family Residence

Built in 1992

1.03 Acres Lot

$312,600 Zestimate^®

$235/sqft

$-- HOA

What's special

Private pondLarge kitchen

Rare Waterfront Compound - 2 Camps on Lake Frontage! This property features two separate camp structures, making it an ideal family compound, multi-generational getaway, or income-producing investment. Each structure offers flexible 2-3 bedroom layouts awaiting your custom finishing touches. The grounds feature a private pond, expansive green space with mature trees, and a dedicated launch ramp right on the property--perfect for easily slipping kayaks, canoes, or small boats into the water. Structure #1 - Mudroom, large kitchen, vaulted ceilings in dining room/living room with breathtaking views of the lake, 3 bedrooms, 1 full bath, 1 half bath. Structure #2 - Mudroom, living area kitchen+living room, 2 bedrooms, full bathroom.

49 days
898
62

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Bedroom 1

Features: Closet
Level: First

Bedroom 2

Features: Closet
Level: First

Bedroom 3

Level: First

Bedroom 4

Level: First

Den

Level: First

Dining room

Features: Heat Stove, Heat Stove Hookup, Informal, Vaulted Ceiling(s), Dining Area
Level: First

Kitchen

Features: Pantry, Vaulted Ceiling(s)
Level: First

Living room

Features: Vaulted Ceiling(s), Built-in Features, Informal
Level: First

Mud room

Features: Closet
Level: First

Heating

Direct Vent Heater, Wood Stove

Cooling

None

Appliances

Included: Dishwasher, Dryer, Gas Range, Refrigerator, Washer

Features

1st Floor Bedroom, Pantry, Shower
Flooring: Vinyl, Wood
Doors: Storm Door(s)
Basement: Interior Entry,Crawl Space
Has fireplace: No

Interior area

Total structure area: 1,400
Total interior livable area: 1,400 sqft
Finished area above ground: 1,400
Finished area below ground: 0

Property

Parking

Parking features: Gravel, 1 - 4 Spaces

Features

Patio & porch: Deck
Has view: Yes
View description: Scenic, Trees/Woods
Body of water: Grand Falls Flowage
Frontage length: Waterfrontage: 280,Waterfrontage Owned: 280

Lot

Size: 1.03 Acres
Features: Near Public Beach, Neighborhood, Rural, Level, Open Lot, Rolling Slope

Details

Additional structures: Shed(s)
Parcel number: BAILM013B018
Zoning: Shoreland
Other equipment: Internet Access Available

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary,Ranch
Property subtype: Single Family Residence

Materials

Wood Frame, Wood Siding
Foundation: Other, Poured Concrete
Roof: Shingle

Condition

Year built: 1992

Utilities & green energy

Electric: Circuit Breakers
Sewer: Private Sewer, Septic Tank
Water: Private, Well

Green energy

Energy efficient items: Ceiling Fans

Community & HOA

Location

Region: Baileyville

Financial & listing details

Price per square foot: $235/sqft
Tax assessed value: $288,200
Annual tax amount: $6,973
Date on market: 8/3/2026
Road surface type: Paved

Estimated market value

$312,600

$297,000 - $328,000

$2,224/mo

Price history

Date	Event	Price
9/16/2026	Price change	$329,000-5.7%$235/sqft
Source: Maine Listings #1674629 Report a problem
8/3/2026	Listed for sale	$349,000+203.5%$249/sqft
Source: Maine Listings #1674629 Report a problem
8/23/2018	Sold	$115,000-17.8%$82/sqft
Source: Maine Listings #1355920 Report a problem
5/21/2018	Price change	$139,900-12.5%$100/sqft
Source: Due East Real Estate #1312625 Report a problem
6/15/2017	Listed for sale	$159,900$114/sqft
Source: Due East Real Estate #1312625 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$5,418 +16.2%	$288,200 +18.1%
2023	$4,662 +20.8%	$244,100 +24.6%
2022	$3,859 +3.2%	$195,900 +5.8%
2021	$3,739 +5.5%	$185,100 +7.1%
2020	$3,544 +3%	$172,900
2019	$3,441 +12.5%	$172,900
2018	$3,060 +6%	$172,900
2017	$2,887	$172,900
2016	$2,887 -18.1%	$172,900
2015	$3,527 -0.5%	$172,900
2014	$3,544 +42%	$172,900 +50.3%
2013	$2,496	$115,000