Closed

$195,000

51 Penney Lane, Litchfield, ME 04350

2beds

575sqft

Single Family Residence

Built in 1940

10,018 Square Feet Lot

$196,700 Zestimate^®

$339/sqft

$1,549 Estimated rent

Home value

$196,700

$151,000 - $256,000

$1,549/mo

Zestimate^® history

Owner options

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$1,549/mo

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$1,549/mo

Rent Zestimate^®

Refinance and save

$1,298/mo

Est. payment

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$1,298/mo

Est. payment

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What's special

Private waterfrontWater views

Tucked along the peaceful shores of Cobbosseecontee Stream, this seasonal camp offers 100 feet of private waterfront and endless potential. Set on two parcels, the property features a rustic 2-bedroom cottage with a private well, concrete holding tank, and deeded water frontage. Wake up to water views, spend your days paddling the stream, and unwind on the porch as the sun sets over the trees. The camp has been winterized since 2020 and is being sold as-is, making it an ideal opportunity to renovate, rebuild, or simply enjoy an authentic Maine retreat. With charm, privacy, and natural beauty, this property is ready for its next chapter.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: First
Area: 857388 Square Feet
Dimensions: 1211 x 708

Bedroom 2

Level: First
Area: 497700 Square Feet
Dimensions: 711 x 700

Kitchen

Level: First
Area: 1440314 Square Feet
Dimensions: 1307 x 1102

Living room

Level: First
Area: 1221016 Square Feet
Dimensions: 1108 x 1102

Heating

Other

Cooling

None

Features

Flooring: Laminate, Vinyl
Basement: Exterior Entry,Crawl Space
Has fireplace: No

Interior area

Total structure area: 575
Total interior livable area: 575 sqft
Finished area above ground: 575
Finished area below ground: 0

Property

Parking

Parking features: Other, 1 - 4 Spaces, On Site

Features

Has view: Yes
View description: Scenic
Body of water: Cobbosseecontee Stream
Frontage length: Waterfrontage: 100,Waterfrontage Owned: 100

Lot

Size: 10,018 Square Feet
Features: Neighborhood, Open Lot, Wooded

Details

Parcel number: LITDMR09L007
Zoning: Shoreland|Rural

Construction

Type & style

Home type: SingleFamily
Architectural style: Camp
Property subtype: Single Family Residence

Materials

Wood Frame, Wood Siding
Foundation: Pillar/Post/Pier
Roof: Shingle

Condition

Year built: 1940

Utilities & green energy

Electric: Circuit Breakers
Sewer: Private Sewer
Water: Lake Drawn

Community & HOA

Location

Region: Litchfield

Financial & listing details

Price per square foot: $339/sqft
Tax assessed value: $99,500
Annual tax amount: $1,418
Date on market: 7/18/2025
Road surface type: Gravel, Dirt

Price history

Date	Event	Price
9/9/2025	Sold	$195,000-2.5%$339/sqft
Source: Maine Listings #1631078 Report a problem
7/28/2025	Pending sale	$200,000$348/sqft
Source: Maine Listings #1631078 Report a problem
7/18/2025	Listed for sale	$200,000$348/sqft
Source: Maine Listings #1631078 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,418 +5.6%	$99,500
2023	$1,343 +2.8%	$99,500 +19.7%
2022	$1,306 +10.7%	$83,100
2021	$1,180	$83,100
2020	$1,180 +1.5%	$83,100
2019	$1,163 +43.2%	$83,100 +65.3%
2018	$812	$50,283
2017	$812	$50,283 0%
2016	$812 +3.8%	$50,289
2015	$782 +9.1%	$50,289 0%
2014	$717	$50,296