47 River Rd
New Portland, ME 04961

$1,200,000

Price

Beds

Baths

13,451 Sq. Ft.

$89 / Sq. Ft.

13,451

Sq. Ft.

$89

per Sq. Ft.

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Description

Rare 5-Property Investment Portfolio - Residential, Commercial & Waterfront. Present rental income is $9,150 per month and a possible income of both locations could be $12,035 monthly . There is also the possibility of having two commercial businesses at River road in New Portland on the fist floor of 43 and 47 River road . There is also the possibility of adding to additional lots for buildings on this site . At one point there was 45 River road and that building burned down. The potential of this...Rare 5-Property Investment Portfolio - Residential, Commercial & Waterfront. Present rental income is $9,150 per month and a possible income of both locations could be $12,035 monthly . There is also the possibility of having two commercial businesses at River road in New Portland on the fist floor of 43 and 47 River road . There is also the possibility of adding to additional lots for buildings on this site . At one point there was 45 River road and that building burned down. The potential of this opportunity is immense . Live , work and invest in this special place in New Portland and have a business and home on main street in Kingfield Maine ! An exceptional opportunity to acquire a five-property package thoughtfully combined to deliver income diversity, prime locations, and future growth potential. This unique portfolio includes a mix of commercial, single-family, and multi-unit residential properties, making it an ideal addition to any investor's holdings. Highlights include 280 feet of owned waterfrontage along Lemon Stream in New Portland, offering natural appeal and recreational value, as well as a commercial property located on Main Street in Kingfield—a high-visibility location in the heart of town, perfect for retail, office, or mixed-use potential. The remaining properties provide a variety of income-producing residential options, all benefiting from recent renovations designed to reduce maintenance and attract quality tenants. Combined, the portfolio offers a steady blend of residential rental income, commercial opportunity, and waterfront equity growth. Located just 20 minutes from Farmington and 25 minutes to Sugarloaf Ski Resort, these properties sit within a highly desirable area that draws both year-round residents and seasonal visitors, strengthening the investment case. This is a multi-faceted portfolio for investors seeking both immediate returns and long-term appreciation in one of Maine's most scenic and dynamic regions

Listed by John Blouin • LAER

Property Details for 47 River Road

Waterfront

Yes

ArchitecturalStyle

Cape Cod, New Englander, Ranch

Garage Spaces

.00

Garage

Yes

Zoning

Residential

LISTING UPDATED: 12/23/2025 10:45 AM

Property Details for 47 River Road

Status	Active
MLS #	1635146
Days on Market	125
Taxes	$6,728 / year
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Single Family
MLS Type	Residential / Single Family Residence
Year Built	9999
Lot Size	2.09 AC / 91,040 SF
County	Somerset County

Location

Listing Courtesy of LAER

Add your commute

Building Information for 47 River Road

Stories-Year Built9999Building Size-Lot Size2.09 AC / 91,040 SF

Payment Calculator

$6,490 per month

30 year fixed, 6.28% Interest

Principal and Interest

$5,930

Property Taxes

$561

HOA Dues

The Payment Calculator is for illustrative purposes only.

Property Information for 47 River Road

Summary

Location and General Information

Water Body Name: Lemon Stream
Directions: For New Portland: From Farmington take Rt ME-27 north about 16 mi, right onto Rt ME-146 about .2mi. 42 River Rd will be on the left, 43, 47 & 49 across the street. For Kingfield: From Farmington take Rt ME-27 about 22.4mi. Property on right.

Town: New Portland
State/Province: ME
Zip Code: 04961
County: Somerset
Geo Latitude: 44.883979
Geo Longitude: -70.098163
Road Frontage Type: Private Road
Tax Lot: 14,37,38,39,40/26
Site:Level: Yes
Location:Rural: Yes
Water Info:Waterfront Amount +: 280.00
Water Info:Water Frontage Owned: 280.00
Water Info:Water Frontage Shared: .00
Source of Water Frontage:Public Records: Yes

Parking

Parking Features: 5 - 10 Spaces, Gravel
Attached Garage: No

Taxes and HOA Information

Tax Book Number: 5657,6094
Tax Map Number: 3/18

Tax Year: 2024
Parcel Number: 42434749RiverRoadNewPortland04961
Location Information:Association Y/N: No
Tax Annual Amount: $6,727.84

Virtual Tour

Virtual Tour URLUnbranded: https://www.propertypanorama.com/instaview/mreis/1635146

Property

Heating and Cooling

Water Heater:Electric: Yes

Lot Information

SqFt Finished Below Grade: 0.0
SqFt Finished Above Grade: 13451.0

Lot Size Acres: 2.09
Source of Acreage: Public Records
Building Area Total: 13451.0
Lot Size Area: 2.09
Lot Size Units: Acres
Lot Size Square Feet: 91040.4
Bedrooms Total: 14
Bathrooms Full: 8
Bathrooms Half: 1
Street Number: 42
Property Information:Surveyed: No
Property Information:Seasonal: No
Property Information:Deed/Conveyance Type Offered: Quit Claim
Property Information:Deed: All
Property Information:Deed Restrictions: Unknown
Property Information:# Rooms: .00
Property Information:Total Half Baths: 1.00
Property Information:# Full Baths Basement: .00
Property Information:Source of Road Frontage: Public Records
Property Information:# Half Baths Basement: .00
Property Information:# Full Baths Level 1: 4.00
Property Information:# Half Baths Level 1: 1.00
Property Information:# Full Baths Level 2: 4.00
Property Information:Other Source of Square Footage: Photographer Floor Plans
Property Information:# Half Baths Level 2: .00
Property Information:# Full Baths Level 3: .00
Property Information:# Half Baths Level 3: .00
Property Information:# Full Baths Upper: .00
Property Information:# Half Baths Upper: .00

Parking

Driveway:Gravel: Yes

Property and Assessments

Leased Land: No
Property Type: Residential,Single Family Residence

Property Type Label: Residential
Property Sub-Type: Single Family Residence
Building Area Source: Other
Year Built: 9999

Utilities

Electric: True
Sewer: Private Sewer

Water Source: Private, Public
Appliances Included:Electric Range: Yes
Appliances Included:Refrigerator: Yes
Gas:Bottled: Yes

Interior and Exterior Features

Exterior Features

Construction Materials: Wood Siding, Vinyl Siding, Wood Frame
# Fireplaces: 0

Fireplace: No
Vehicle Storage:No Vehicle Storage: Yes
Roof: Metal

Interior Features

Basement: Interior, Exterior Only, Unfinished
Flooring: Wood, Tile, Laminate

Cooling: None
Heating: Other, Forced Air, Direct Vent Heater, Baseboard
Foundation Details: Stone, Concrete Perimeter, Slab
Room Total: 0
Bathrooms Total (Integer): 9
Bathrooms Total (Decimal): 8.50
Bathrooms Total (Notational): 8.10
Cooling YN: No
Heating YN: Yes

Property History for 47 River Road

Date	Event & Source	Price	Appreciation
Aug 14, 2025	Listed (Active) Maine Listings #1635146	$1,200,000	—

Date	Event & Source	Price
08/14/2025	Listed (Active) Maine Listings #1635146	$1,200,000

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

Public Records for 47 River Road

Taxable ValueLand$4,500Additions$73,300Total$77,800

Tax Record2024$1,097 ($91 / month)

Home Facts

Total Finished SqFt3,720 SqFtAbove Grade Finished SqFt3,720 SqFtStories3Lot Size5,663 SqFtCountySOMERSETAPNMPRD M:003 L:038

Schools near 47 River Road

This home is within Regional School Unit 74 Msad 74.


Rating	School	Type	Grades	Distance
3/10	Carrabec Community School	Public - Nearby school	K to 8	10.0 mi
4/10	Carrabec High School	Public - Nearby school	9 to 12	10.4 mi
6/10	Garret Schenck School	Public - Nearby school	PK to 5	11.8 mi
8/10	Solon Elementary School	Public - Nearby school	PK to 5	12.7 mi


Rating	School	Distance
3/10	Carrabec Community School PublicK to 8 Nearby school	10.0 mi
4/10	Carrabec High School Public9 to 12 Nearby school	10.4 mi
6/10	Garret Schenck School PublicPK to 5 Nearby school	11.8 mi
8/10	Solon Elementary School PublicPK to 5 Nearby school	12.7 mi

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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More information about 47 River Road, New Portland, ME 04961

47 River Road is a single family home for sale in New Portland, ME 04961. This property was listed for sale on August 14, 2025 by LAER, it's currently listed at $1,200,000. This listing's school district is Regional School Unit 74 Msad 74. Nearby schools include Carrabec Community School, Carrabec High School and Garret Schenck School. 47 River Road is a 14-bed, 9-bath, 13,451 sqft single family home built in 9999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LAER

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.

47 River RdNew Portland, ME 04961

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More information about 47 River Road, New Portland, ME 04961

47 River Rd
New Portland, ME 04961