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  • $480,000

    4 Almond Drive, Portage Lake, ME 04768

    2beds
    1,350sqft
    Single Family Residence
    Built in 1950
    2.75 Acres Lot
    $515,000 Zestimate®
    $356/sqft
    $1,346 Estimated rent

    Home value

    $515,000

    $464,000 - $572,000

    $1,346/mo

    Zestimate® history
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    $1,346/mo

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    $2,477/mo

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    $2,477/mo

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    What's special

    Unique and exciting opportunity to own a successful rental property on highly sought-after Portage Lake! This incredible property features 2.75 acres and has more than 400 FEET of gorgeous water frontage! The main residence, known as 'The Cottage', features a bedroom as well as a larger 'bunk-room'. This home also features a full bathroom with laundry and a large living area with windows overlooking the entire property. From there, make your way around 'Almond Drive' to three more smaller accessory cabins that have been completely remodeled with modern taste yet a maintained 'camp' feel. The three smaller cabins share a central 'Bath House' which has also been fully renovated into two mirror-image full bathrooms with a laundry area and utility room. The two larger cabins are nearly identical and both feature 2 first-floor bedrooms as well as an upper-level loft. The smaller cabin has a 'bunk-room' as well as a small kitchen and living area. Also on the property is a pavilion located near the waterfront, as well as an oversized garage with a second level. The second level of the garage was sectioned off to offer further future living space, but is currently only used as storage. An additional unit was also erected recently and is being offered unfinished for the future owner to finish as they see fit. A wonderful opportunity to live in the main residence while having income potential from the remainder of the property!

    Zillow last checked:

    Listing updated:

    Listed by:

    NextHome Discover

    Bought with:

    Aroostook Real Estate

    Source: Maine Listings,MLS#: 1557577MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom 1
    • Level: First
    Bedroom 2
    • Level: First
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Baseboard, Direct Vent Heater, Heat Pump, Stove
    Cooling
    • Heat Pump
    Features
    • Flooring: Laminate, Vinyl
    • Basement: Bulkhead,Interior Entry,Crawl Space,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,350
    • Total interior livable area: 1,350 sqft
    • Finished area above ground: 1,350
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Gravel, Paved, 5 - 10 Spaces, Detached, Storage
    • Garage spaces: 2
    Features
    • Has view: Yes
    • View description: Scenic
    • Body of water: Portage Lake
    • Frontage length: Waterfrontage: 417,Waterfrontage Owned: 417
    Lot
    • Size: 2.75 Acres
    • Features: Near Golf Course, Rural, Open Lot, Rolling Slope
    Details
    • Parcel number: POREM20L003
    • Zoning: Limited Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Camp,Cottage,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Fiber Cement, Shingle Siding, Vinyl Siding, Wood Siding
    • Foundation: Other, Pillar/Post/Pier
    • Roof: Metal,Shingle
    Condition
    • Year built: 1950

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Private Sewer
    • Water: Private

    Community & HOA

    Location
    • Region: Portage Lake

    Financial & listing details

    • Price per square foot: $356/sqft
    • Tax assessed value: $291,700
    • Annual tax amount: $3,661
    • Date on market: 5/1/2023
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/22/2023Sold$480,000-14.3%$356/sqft
    Source: Maine Listings #1557577 Report a problem
    8/22/2023Pending sale$559,900+13.1%$415/sqft
    Source: NextHome #1557577 Report a problem
    8/11/2023Contingent$495,000$367/sqft
    Source: Maine Listings #1557577 Report a problem
    8/2/2023Price change$495,000-6.6%$367/sqft
    Source: Maine Listings #1557577 Report a problem
    6/20/2023Price change$529,900-5.4%$393/sqft
    Source: Maine Listings #1557577 Report a problem
    5/1/2023Listed for sale$559,900$415/sqft
    Source: Maine Listings #1557577 Report a problem
    4/26/2023Listing removed--
    Source: Maine Listings #1546736 Report a problem
    1/24/2023Price change$559,900-6.7%$415/sqft
    Source: Maine Listings #1546736 Report a problem
    4/28/2022Listed for sale$599,900$444/sqft
    Source: Maine Listings #1526254 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,373 +7.5%$291,700
    2023$4,069 +11.1%$291,700 +1.6%
    2022$3,661 -4.6%$287,100 -0.9%
    2021$3,837 $289,600
    2020$3,837 -3.6%$289,600
    2019$3,982 -8%$289,600
    2018$4,330 +16.1%$289,600
    2017$3,730 -2.4%$289,600
    2016$3,823 -0.4%$289,600
    2015$3,837 $289,600
    Find assessor info on the county website

    Neighborhood: 04768

    Nearby schools

    GreatSchools rating
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