140 E Madrid Rd

1,076,803 / 24.72
Lot Size / Acres

Description

Discover the perfect blend of privacy, recreation, and ready-to-build convenience at 140 East Madrid Road in Phillips, Maine. This surveyed 24.72± acre property offers over 1,600 feet of town-maintained road frontage and features a beautiful mix of open pasture, mature woods, rolling terrain, and a stream winding through the property. A tremendous amount of work has already been completed for the next owner. The property includes an existing driveway, electric service, drilled well, septic system,...Discover the perfect blend of privacy, recreation, and ready-to-build convenience at 140 East Madrid Road in Phillips, Maine. This surveyed 24.72± acre property offers over 1,600 feet of town-maintained road frontage and features a beautiful mix of open pasture, mature woods, rolling terrain, and a stream winding through the property. A tremendous amount of work has already been completed for the next owner. The property includes an existing driveway, electric service, drilled well, septic system, and a 33' x 50' Alaskan slab foundation--giving you a substantial head start whether you're dreaming of building a year-round home, vacation retreat, or mountain getaway. The current owner thoughtfully cleared a portion of the land to capture sweeping views of Mount Blue and the Sandy River Valley. With abundant privacy, standing timber, and ample frontage, buyers may also wish to explore the potential for multiple building sites or future subdivision, subject to local approvals. Outdoor enthusiasts will appreciate the proximity to ATV and snowmobile trails, the Appalachian Trail just 8 miles away, Rangeley approximately 20 miles away, and Sugarloaf only about 30 miles from the property. Downtown Phillips, with groceries, gas, and everyday conveniences, is just 4 miles away. Whether you're looking to build now or invest in a spectacular piece of western Maine, 140 East Madrid Road offers a rare combination of acreage, views, infrastructure, and opportunity.
  1. Listed by Spencer Wood • United Country Lifestyle Properties of Maine
    P: (207)-794-6164 C: (603)-568-2475 spencer@lifestylepropertiesme.com

Property Details for 140 East Madrid Road

Has Waterfront
Yes
Waterfront Features
Nearby
Zoning
Residential
LISTING UPDATED: 06/16/2026 01:36 PM

Property Details for 140 East Madrid Road

StatusActive
MLS #1667400
Days on Market10
Taxes$1,200 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand
Year Built-
Lot Size24.72 AC
CountyFranklin County

Location

Listing Courtesy of United Country Lifestyle Properties of Maine
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Building Information for 140 East Madrid Road

Lot Size24.72 AC

Payment Calculator

$1,097 per month

30 year fixed, 6.36% Interest

Principal and Interest

$997

Property Taxes

$100

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 140 East Madrid Road

Summary
Location and General Information
  • Page: 275
  • Directions: 140 East Madrid Road Phillips, ME
  • Latitude: 44.86989
  • Longitude: -$70.36
  • Transportation: Major Road Access
  • Island: No
  • Water Frontage Owned: 1000.0
  • Source of Water Frontage: Other
  • Water Body Type: Stream
Taxes and HOA
  • Association: No
  • Tax Lot: 2A
  • Tax Book Number: 3801
  • Tax Map Number: 5
  • Tax Year: 2024
  • Tax Annual Amount: $1,200.00
Property
Lot Information
  • Lot Features: Rural, Pasture, Landscaped, Wooded
  • Lot Size Acres: 24.72
  • Lot Size Area: 24.72
  • Lot Size Source: Deed
  • Lot Size Square Feet: 1076803.2
  • Lot Size Units: Acres
  • Acreage Other Source: Survey
  • Roads: Gravel, Public, Dirt
  • Road Surface Type: Gravel, Dirt
  • Road Frontage: 1625.08
Property and Assessments
  • Deed Type Offered: Warranty
  • Restrictions: No Restrictions
Utilities
  • Electric: On Site, Circuit Breakers
  • Gas: No Gas
  • Sewer: Septic Tank
  • Water Source: Private, Well
Mobile Home
Mobile Home Information
  • Mobile Homes Allowed: Yes
Rental
Rent Information
  • Pets Allowed: No Restrictions

Property History for 140 East Madrid Road

DateEvent & SourcePriceAppreciation
Jun 16, 2026

Listed (Active)

Maine Listings #1667400

$200,000
Jul 28, 2018

Expired

Maine Listings #1319634

$150,000
Jul 28, 2017

Listed (Active)

Maine Listings #1319634

$150,000
DateEvent & SourcePrice
06/16/2026

Listed (Active)

Maine Listings #1667400

$200,000
07/28/2018

Expired

Maine Listings #1319634

$150,000
07/28/2017

Listed (Active)

Maine Listings #1319634

$150,000

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

Schools near 140 East Madrid Road

This home is within Regional School Unit 58 Msad 58.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Phillips Elementary School
PublicPK to 4

Day Mountain Regional Middle School
Public5 to 8

Mt Abram Regional High School
Public9 to 12

Strong Elementary School
PublicPK to 8

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.

Similar Homes

140 East Madrid Road is a 24.72 ac of land for sale in Phillips, ME 04966. This property was listed for sale on June 16, 2026 by United Country Lifestyle Properties of Maine, it's currently listed at $200,000. This listing's school district is Regional School Unit 58 Msad 58. Nearby schools include Phillips Elementary School, Day Mountain Regional Middle School and Mt Abram Regional High School. 140 East Madrid Road is a 0-bed, 0-bath, 24.72 ac of land on a 1,076,803 sq. ft. / 24.72 acres lot.

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 United Country Lifestyle Properties of Maine

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.