532-534 Reef Road

Waldoboro, ME 04572

$1,200,000
Price
5
Beds
3
Baths
2,802 Sq. Ft.
$428 / Sq. Ft.
2,802
Sq. Ft.
$428
per Sq. Ft.

Description

The term 'once in a lifetime opportunity' gets thrown around a lot and is, arguably, overused. However, this 80-acre forested compound with 2 newly built year-round houses and over 2000 feet of frontage on the pristine Medomak River most definitely warrants use of the term. One of the truly remarkable things about Maine is the ability to be 'out of the way' without being completely isolated. 534 and 532 Reef Road in Waldoboro is exactly that kind of place. You would be hard pressed to find another...The term 'once in a lifetime opportunity' gets thrown around a lot and is, arguably, overused. However, this 80-acre forested compound with 2 newly built year-round houses and over 2000 feet of frontage on the pristine Medomak River most definitely warrants use of the term. One of the truly remarkable things about Maine is the ability to be 'out of the way' without being completely isolated. 534 and 532 Reef Road in Waldoboro is exactly that kind of place. You would be hard pressed to find another set up like this - it just doesn't happen. Located within walking distance to each other while maintaining privacy, 532 Reef Road is a newly constructed (2023) 2 bedroom, 1 bath house with a heated 3-bay garage, whole house generator and two heat-sources (pellet stove and heat pumps) and 534 Reed Road is a 3 bedroom, 2 bathroom house completed in 2018 with a whole house generator and two heat sources (propane FHA and heat pumps. For details on the houses, please visit MLS # 1584304 and MLS #158305. This is a unique and uncommon opportunity; Unspoiled with endless trails, mature forest. This is truly a sanctuary like no other. All the good things are here - unobstructed views of the night sky like you have never experienced; quiet walks, wildlife, room to roam; land to plant and tend, waterways to fish in and navigate, peace and quiet. High speed internet is available via Starlink (reliable and affordable). The Town of Waldoboro has given initial indication that this parcel may subdivided which presents even more opportunity for those who may like to develop this beautiful parcel. Property is less than 10 minutes to Waldoboro, 25 minutes to Rockland/Thomaston, 20 minutes to Damariscotta and 30 minutes to Augusta! Property is occupied; please do not drive onto the property without an appointment.
  1. Listed by Fletcher Smith-McNaboe • City + Harbor Real Estate

Property Details for 532-534 Reef Road

Waterfront
Yes
Waterfront Features
River
ArchitecturalStyle
Cape, New Englander
Garage Spaces
3.00
Garage
Yes
Zoning
Shoreland/Rural
View
Trees/Woods

Location

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LISTING UPDATED: 05/08/2024 03:32 PM

Property Details for 532-534 Reef Road

StatusActive
MLS #1584306
Days on Market66
Taxes$6,349 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2023
Lot Size80.00 AC / 3,484,800 SF
CountyLincoln County

Location

Listing Courtesy of City + Harbor Real Estate
Add your commute

Virtual Tour

Building Information for 532-534 Reef Road

Stories-Year Built2023Building Size-Lot Size80.00 AC / 3,484,800 SF

Payment Calculator

$7,078 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$529

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 532-534 Reef Road

Summary
Location and General Information
  • Road Surface Type: Gravel, Paved
  • Water Body Name: Medomak River
  • Directions: Proeprty is GPS friendly
  • Town: Waldoboro
  • State/Province: ME
  • Zip Code: 04572
  • County: Lincoln
  • Geo Latitude: 44.153764
  • Geo Longitude: -69.402418
  • Road Frontage Type: Private
  • Tax Lot: 62/62A
  • Site:Level: Yes
  • Site:Wooded: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount +: 3,000.00
  • Water Info:Water Frontage Owned: 3,000.00
  • Water Info:Water Frontage Shared: .00
  • Source of Water Frontage:Waterfront Other Source: Water Frontage estimated between 2100-3000
  • Recreational Water:Deeded: Yes
  • Recreational Water:River/Brook/Stream: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Common, Garage Door Opener, Inside Entrance, Heated Garage
  • Attached Garage: Yes
Taxes and HOA Information
  • Tax Book Number: 5294/6079
  • Tax Map Number: 18
  • Tax Year: 2024
  • Parcel Number: 532/534reefroadwaldoboro04572
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $6,349.00
School Information
  • School District: RSU 40/MSAD 40
Virtual Tour
Property
Green Features
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Dehumidifier: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:Energy Star Appliances: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Energy Efficiency:Tankless Water Heater: Yes
Heating and Cooling
  • Water Heater:Electric: Yes
  • Water Heater:On Demand: Yes
  • Water Heater:Tankless: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2802.0
  • Lot Size Acres: 80.0
  • Source of Acreage: Survey
  • Building Area Total: 2802.0
  • Lot Size Area: 80.0
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3484800.0
  • Bedrooms Total: 5
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Street Number: 532534
  • Property Information:Surveyed: Yes
  • Property Information:Seasonal: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: Yes
  • Property Information:# Rooms: 11.00
  • Property Information:Total Half Baths: .00
  • Property Information:# Full Baths Basement: .00
  • Property Information:# Half Baths Basement: .00
  • Property Information:# Full Baths Level 1: 2.00
  • Property Information:# Half Baths Level 1: .00
  • Property Information:# Full Baths Level 2: 1.00
  • Property Information:Other Source of Square Footage: Matterport
  • 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:Common: Yes
  • 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: 2023
Utilities
  • Electric: True
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Water Source: Private, Well
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Gas:Bottled: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Clapboard, Modular, Wood Frame
  • # Fireplaces: 1
  • Fireplace: Yes
  • Vehicle Storage:3 Car: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Vehicle Storage:Heated: Yes
  • Roof: Shingle
  • Other Structures: Shed(s)
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Walk-Out Access, Crawl Space, Full, Interior Entry
  • Interior Features: Walk-in Closets, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Attic, Bathtub, One-Floor Living, Pantry, Shower, Primary Bedroom w/Bath
  • Cooling: Heat Pump
  • Heating: Stove, Radiant, Hot Water, Heat Pump, Forced Air, Direct Vent Furnace, Blowers
  • Foundation Details: Concrete Perimeter
  • Laundry Features: Laundry - 1st Floor, Main Level
  • Room Total: 11
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.00
  • Bathrooms Total (Notational): 3.00
  • Cooling YN: Yes
  • Heating YN: Yes
  • Kitchen Countertop:Granite: Yes
Room Information
Room 1
  • Room Type: Bedroom 1
  • Room Level: First
Room 2
  • Room Type: Bedroom 2
  • Room Level: First
Room 3
  • Room Type: Bedroom 3
  • Room Level: Second
Room 4
  • Room Type: Bedroom 4
  • Room Level: First
Room 5
  • Room Type: Bedroom 5
  • Room Level: First
Room 6
  • Room Type: Living Room
  • Room Level: First
Room 7
  • Room Type: Living Room
  • Room Level: First
Room 8
  • Room Type: Kitchen
  • Room Level: First
Room 9
  • Room Type: Kitchen
  • Room Level: First
Room 10
  • Room Type: Dining Room
  • Room Level: First
Room 11
  • Room Type: Laundry Room
  • Room Level: First

Property History for 532-534 Reef Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 532-534 Reef Road

This home is within Regional School Unit 40 Msad 40.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Miller School
PublicPK to 6

Medomak Middle School
Public7 to 8

Medomak Valley High School
Public9 to 12

Prescott Memorial School
PublicK to 6

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

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Similar Sold Homes

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532-534 Reef Road is a single family home for sale in Waldoboro, ME 04572. This property was listed for sale on March 16, 2024 by City + Harbor Real Estate, it's currently listed at $1,200,000. This listing's school district is Regional School Unit 40 Msad 40. Nearby schools include Miller School, Medomak Middle School and Medomak Valley High School. 532-534 Reef Road is a 5-bed, 3-bath, 2,802 sqft single family home built in 2023.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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 City + Harbor Real Estate

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.