Active

$349,000

362 Lamb Farm Road, Baileyville, ME 04694

5beds

1,400sqft

$2,310/mo

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Single Family Residence

Built in 1992

1.03 Acres Lot

$332,500 Zestimate^®

$249/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.

3 days

606

26

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, One-Floor Living, 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: $249/sqft
Tax assessed value: $288,200
Annual tax amount: $6,973
Date on market: 8/3/2026
Road surface type: Paved

Estimated market value

$332,500

$316,000 - $349,000

$1,455/mo

Price history

Date	Event	Price
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

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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