Back 23 Old Road
Off Market

23 Old Road

Gray ME 04039

3
2
2
1750 sq. ft.
91911.6 sq. ft.
Single-Family
Last sold for $630,000
John MullenJohn Mullen, last sold this property on 27 July 2026 after -38 days on market.

Overview

Rare opportunity to own a 2 acre legacy waterfront property with over 200 feet of owned frontage on highly sought-after Forest Lake. Tucked away in a peaceful ''no wake'' cove, this extraordinary property offers unmatched privacy, breathtaking west and southwest facing lake views, and stunning sunsets year-round. Just 20 minutes from Portland, the location also offers convenient access to I-95. Set on an exceptionally beautiful lot with granite ledges, mature trees, and a park-like setting, the property features a classic seasonal cottage. A private sandy beach with gradual walk-in access creates the perfect setting for swimming, boating, and lakeside gatherings, with multiple options for future dock placement. Forest Lake is known for its quiet, private feel with no public access, spanning 211 acres with approximately four miles of shoreline and excellent large and smallmouth bass fishing. The setting is equally appealing to nature lovers, with frequent sightings of loons, bald eagles, osprey, and other native wildlife, all surrounded by old-growth hemlocks, white pines, and oaks. The cottage is in need of significant renovation or replacement, offering a rare opportunity to restore, rebuild, or reimagine the property into a one-of-a-kind waterfront retreat. The property also includes a newly approved four-bedroom septic design ready for filing by the next owner, as well as a 1,200 square foot lakeside grand stone patio overlooking the water. A truly special offering where the value is in the land, the setting, and the opportunity to create something exceptional on one of the area's most treasured lakes. Also listed as land MLS# 1666795.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1750 sq. ft. floor area
91911.6 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Gray over the last 12 months, the estimated median property value of 23 Old Road is $549.5k.

Median value
$549.5k
Estimated value range
$110k - $1.7m
Median days on market
10
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Gray. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 23 Old Road

2026
Sold
$630,000
27 Jul 2026 by John Mullen, of Vitalius Real Estate Group
2022
Sold
$595,000
29 Jun 2022 by Sandra Wendland, of Legacy Properties Sotheby's International Realty

Happy sellers in Gray

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We have insufficient information to provide an overview of customer satisfaction for Gray. Viewing the agent profiles, reviews and sales for Gray can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Gray

In the last 12 months, 71 three-bedroom single-family properties similar to 23 Old Road, have been sold.

This represents a 15% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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