5.2-acre waterfront parcel in Medway with +/- 400' of frontage on the West Branch of the Penobscot River. Located on a quiet dead-end road just 5 minutes from I-95 and a short drive to Millinocket, with Baxter State Park and Mount Katahdin nearby. Flexible residential/commercial zoning offers endless potential for a private retreat, investment property, or commercial venture. State-approved for up to 4 mobile home sites. Two existing tenant-owned homes on a month-to-month lot lease generating monthly income, with option to continue, expand, or remove and redevelop the site. Prime location for outdoor recreation including fishing, hunting, boating, hiking, and snowmobiling. A rare opportunity to own versatile waterfront land in a high-demand recreational area at the gateway to the North Maine Woods.

More Info

Tax Information

Parcel Number Lot19BOldFarmRoadMedway04460
Taxes$796

Property

Road Surface Type Paved
Sign On Property YN Yes
Site Open, Rolling/Sloping, Wooded

Property Information

Acreage5.2
Lot Features Other Location, Rolling/Sloping, Open, Wooded, Near Golf Course, Near Turnpike/Interstate, Near Town, Neighborhood, Rural

Legal

ZoningRes. & Commercial

Parking

Parking 21+ Spaces
Parking Features 21+ Spaces, Gravel

Location

AddressLot 19b Old Farm Road
Building NumberLot 19B
CountyPenobscot
StateME
StreetOld Farm Road
TownMedway
Zip04460

Amenities

Other AmenitiesWaterfront, Water View
PetsNo Restrictions

Other

Date Listed04/22/2026

Basic Information

List Price$159,900
LocationTypeMobile Home Park, Near Golf Course, Near Turnpike/Interstate, Near Town, Neighborhood, Other Location, Rural
MLS Number1658858
Property TypeLand
StatusACT

Utilities

Electric On Site
Recreational Water Nearby, River/Brook/Stream
Waste Water DisposalPrivate Sewer

Water Body

Water AccessWell, Private
Water Body NamePenobscot River
Water Body TypeRiver
Water Info Water Frontage Owned 400
Water Info Waterfront Amount 400
Water ViewSeasonal
WaterfrontYes

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Lot 19b Old Farm RoadMedway, ME 04460Price: $159,900

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