Homesteading Property for Sale

Description

Investor or DIY enthusiast? This partially renovated ranch-style home in Mattawamkeag sits on 11 peaceful acres, offering endless potential. Featuring a durable metal roof with an ice and water shield, the structure is built on a solid slab foundation and presents an excellent opportunity for a fix-and-flip or rental income. The home is already well on its way to completion, with a nearly finished 950 sq. ft. two bedroom apartment. This spacious unit boasts brand-new flooring throughout (except for the bathroom, which is ready for your finishing touch), a brand-new electric range, refrigerator, washer, updated ceiling fans, and modern lighting. The bathroom is the last remaining project to bring this unit to full completion. Beyond the primary living space, an additional 360 sq. ft. area with a half bath provides flexibility—convert it into a cozy efficiency apartment, a guest suite, a home office, or a workshop. The potential for a second income-producing unit makes this property a unique investment. A dug well and septic system serve the home, with significant updates already made, including a new pump, pressure tank, and foot valve. However, the well will require further work to become fully operational. Additionally, the home needs a new central heating system, allowing the new owner to choose the most efficient option. Located in the quiet town of Mattawamkeag, this property is close to the Penobscot River and Mattaseunk Lake, providing access to outdoor recreation, fishing, and kayaking. Whether you're looking for a home with rental income potential, a flip opportunity, or a rural retreat with acreage, this property offers a great foundation to build upon. Seize the opportunity to bring this home to its full potential and create value in a beautiful Maine setting!