Sold
Last Sold Price
2 beds500 sqft$540/sqft
11 Terrace Way, Unit 6, Rangeley, ME 04970
CondoProperty Type
1950Year Built
$540/sq ftPrice per sq ft
$3,000/yrHOA Fees

Description

Rangeley Lake. 2 BR, 1 BA cabin. Yearly Assn fee of $3000 covers property taxes, insurance, fiber optic internet, grounds and beach maintenance, landscaping, and electricity. Westerly sunsets, fire pits, 4 docks, 360' of shared lake front, private boat slip and mooring. Great swimming & fishing. Be on the big lake at a small cost. Adorable, cozy cabin with new Jotul gas viewing fireplace. 2nd bedroom on lower level. Completely renovated in 2010 top to bottom. A jewel of a camp! Enjoy 2 levels of...Rangeley Lake. 2 BR, 1 BA cabin. Yearly Assn fee of $3000 covers property taxes, insurance, fiber optic internet, grounds and beach maintenance, landscaping, and electricity. Westerly sunsets, fire pits, 4 docks, 360' of shared lake front, private boat slip and mooring. Great swimming & fishing. Be on the big lake at a small cost. Adorable, cozy cabin with new Jotul gas viewing fireplace. 2nd bedroom on lower level. Completely renovated in 2010 top to bottom. A jewel of a camp! Enjoy 2 levels of private decks overlooking the lake. Cottage community of 7 cabins. Excellent rental history. New plumbing, roof, electric, & windows. On demand hot water. Outstanding cabin! Spectacular view facing west. Beautiful grounds. Cabin comes fully furnished. Sleeps 6. Property to convey by LLC share
  • Listed by: Carolyn Smith 207.491.5800 rangeleyrealestate@gmail.com • Morton & Furbish Agency
Listing closed: 09/22/2023 12:00 AM • Source: Maine Listings, MLS#: 1563268

Recent comparable sales

Median sold price

$325,000

Avg days on market

54

Sale-to-list ratio

91.9%

Rangeley, ME

9 comparable properties found

$389,200 | 11 Lyons Lane, Unit 2, Rangeley, ME 04970
1/39
1

$389,200

Sold 02/07/25

2
Bedrooms
450
Square Feet
Unavailable
Acres
$455,000 | 15 Lakefront Lane, Unit 6, Rangeley, ME 04970
1/31
2

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Sold 06/12/26

2
Bedrooms
522
Square Feet
Unavailable
Acres
$225,000 | 17 Russell Cove Circle, Rangeley, ME 04970
1/50
3

$225,000

Sold 01/30/25

2
Bedrooms
520
Square Feet
0.2
Acres
$399,000 | 8 Birchwood Lane, Unit 13, Rangeley, ME 04970
1/20
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Sold 07/25/25

2
Bedrooms
473
Square Feet
5.7
Acres
$315,000 | 92 Birds Eye Road, Rangeley, ME 04970
1/45
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2
Bedrooms
880
Square Feet
1.39
Acres
$242,500 | 150 Birds Eye Road, Rangeley, ME 04970
1/22
6

$242,500

Sold 09/04/26

2
Bedrooms
864
Square Feet
0.33
Acres
$325,000 | 124 Birds Eye Road, Rangeley, ME 04970
1/31
7

$325,000

Sold 11/07/25

2
Bedrooms
1,175
Square Feet
2.46
Acres
$225,000 | 124 South Shore Drive, Rangeley, ME 04970
1/15
8

$225,000

Sold 09/30/25

2
Bedrooms
700
Square Feet
0.18
Acres
$511,500 | 747 South Shore Drive, Unit 6, Rangeley, ME 04970
1/45
9

$511,500

Sold 08/08/25

2
Bedrooms
864
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Morton & Furbish Agency

Sold By Noyes Real Estate Agency

Add your commute

Payment Calculator

$1,770 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,395

Property Taxes

$125

HOA Dues

$250

The Payment Calculator is for illustrative purposes only.

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Property Information for 11 Terrace Way, Unit 6

Property Details
  • Taxes: $1,500 / year
  • MLS Type: Residential / Condominium
  • Architectural Style: Camp, Cottage
  • Furnished: Furnished
  • Style: Camp, Cottage
  • View: Mountain(s), Scenic, Trees/Woods
  • Has Waterfront: Yes
  • Zoning: Shoreland
Building Information
  • Building/Complex: 11 Terrace Way
  • Residences: 1
  • Year Built: 1950
Summary
Location and General Information
  • Water View: Yes
  • Location: Near Country Club, Near Golf Course, Near Shopping
  • Page: 9999
  • Zoning Overlay: No
  • Directions: From Rangeley, go south approximately 2.5 miles. Look for the brown sign on the right that says ''The Terraces''. Park in lot and head down to the lake, look for cabin #6, near the lake.
  • Latitude: 44.937262
  • Longitude: -$70.63
  • Unit Number: 6
  • Transportation: Deep Water Access, Major Road Access
  • Island: No
  • Water Frontage Shared: 360.0
  • Source of Water Frontage: Survey
  • Waterfront Amount: $360.00
  • Water Body Type: Lake
  • Water Body Name: Rangeley
Taxes and HOA
  • Association Fee: $3,000.00
  • Association: Yes
  • Tax Lot: 5
  • Tax Book Number: 9999
  • Tax Map Number: 29
  • Tax Year: 2022
  • Association Fee Frequency: Annually
  • Tax Annual Amount: $1,500.00
Parking
  • Parking Features: Gravel, Common, On Site, Off Street
  • Parking: On Site, Off Street
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Virtual Tour
Property
Lot Information
  • Lot Features: Well Landscaped, Rolling/Sloping, Wooded, Near Golf Course, Near Shopping
  • Lot Size Acres: 1.6
  • Lot Size Area: 1.6
  • Lot Size Source: Survey
  • Lot Size Square Feet: 69696.0
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Road Frontage: false
  • Site: Rolling/Sloping, Well Landscaped, Wooded
Property and Assessments
  • Above Grade Finished Area: 400.0
  • Below Grade Finished Area: 100.0
  • Building Area Source: Seller
  • Building Area Total: 500.0
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Surveyed: Yes
  • Construction: Wood Frame
  • Year Built: 1950
Building Features
  • FHA Certification: No
  • Foundation Details: Pillar/Post/Pier
  • Foundation Materials: Pillar/Post/Pier
  • Construction Materials: Wood Siding, Wood Frame
  • Other Structures: Outbuilding
  • Color: Brown
Financial Information
  • List Price/SqFt: $747.50
Green Features
  • HERS Certified: No
Utilities
  • Heat Fuel: Propane
  • Electric: Circuit Breakers
  • Gas: Bottled
  • Recreational Water: Beach Rights, Boat Mooring, Boat Slip, Common, Deeded, Dock, Lake/Fresh Water, Waterfront Deep
  • Sewer: Septic Tank, Private Sewer
  • Water Source: Public
  • Water Heater: On Demand
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Wood Siding
  • Roof: Pitched, Shingle
  • Driveway: Common, Gravel
Interior Features
  • Amenities: 1st Floor Bedroom, Storage
  • Appliances: Refrigerator, Microwave, Gas Range
  • Appliances Included: Microwave, Gas Range, Refrigerator
  • Other Description: Post and Pad
  • Bathrooms Full: 1
  • Bathrooms Total Decimal: 1.0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Equipment: Satellite Dish, Internet Access Available
  • Other Equipment: Satellite Dish, Internet Access Available
  • # Full Baths Level 1: 1
  • Rooms Total: 4
  • Basement: Walk-Out Access, Other
  • Basement: Walk-Out Access, Other
  • Has Fireplace: No
  • Patio And Porch Features: Porch
  • Has Cooling: No
  • Heating: Other
  • Has Heating: Yes
  • Flooring: Wood, Tile
  • Interior Features: 1st Floor Bedroom, Storage
Room Information
Primary Bedroom
  • Primary Bedroom: Primary Bedroom
  • Primary Bedroom Level: First
  • Primary Bedroom Amenities: Cathedral Ceiling
Bedroom 1
  • Bedroom 1: Bedroom 1
  • Bedroom 1 Level: Basement
Kitchen
  • Kitchen: Kitchen
  • Kitchen Level: First
  • Kitchen Amenities: Cathedral Ceiling, Breakfast Nook
  • Kitchen Countertop: Formica
Living Room
  • Living Room: Living Room
  • Living Room Level: First
  • Living Room Amenities: Cathedral Ceiling
Multi Family
Multi Family Information
  • Number Of Units In Community: 1
  • Condominium Unit Type: Condo
Rental
Rent Information
  • Land Lease: No

Property History for 11 Terrace Way, Unit 6

DateEvent & SourcePriceAppreciation
Sep 22, 2023

Sold

Maine Listings #1563268

$270,000
Aug 29, 2023

Pending

Maine Listings #1563268

Jun 19, 2023

Listed (Active)

Maine Listings #1563268

$349,000
DateEvent & SourcePrice
09/22/2023

Sold

Maine Listings #1563268

$270,000
08/29/2023

Pending

Maine Listings #1563268

06/19/2023

Listed (Active)

Maine Listings #1563268

$349,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 11 Terrace Way, Unit 6

This home is within Regional School Unit 78.
Rating
School
Type
Grades
Distance
Public - PK to 12
Rating
School
Distance
Rangeley Lakes Regional School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 11 Terrace Way, Unit 6, Rangeley, ME 04970
$270,000
2
500
$189,000
3
2,016
71,002
$69,500
47,916
$315,000
18,295
$540,000
6
2,268
37,461
$596,000
3
1,800
37,897

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Morton & Furbish Agency

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.