TBD Standpipe Road

Damariscotta ME 04543

1023660 sq. ft.

Land

Last sold for $225,000

Sara Rogers, last sold this property on 01 November 2024 after -670 days on market.

Overview

Fox Hollow Estates - Approved 8-Lot Subdivision or Exceptional Private Estate in Damariscotta, Maine A rare opportunity to own approximately 23.5± acres in one of Midcoast Maine's most desirable communities. Whether your vision is an approved 8-lot residential subdivision, a private family compound, or a spectacular estate surrounded by nature, Fox Hollow Estates offers exceptional flexibility in an outstanding location. More than 70% of the property remains forested, creating a peaceful setting featuring mature trees, moss-covered granite ledge, and protected open space--all just minutes from downtown Damariscotta. The property has been approved for eight residential lots, offering large, private wooded homesites with generous building envelopes. Public water is available through the Great Salt Bay Water District, with individual septic systems planned. There may also be potential for Accessory Dwelling Units (ADUs) on individual lots, subject to town approval and septic capacity, creating additional flexibility for future owners and developers. Significant pre-development work has already been completed, helping reduce both development timelines and upfront costs. Improvements and planning include subdivision approvals, engineering and construction documents for the main road, a construction access road and staging area, electrical service, and underground conduit for future utility distribution. Conveniently located just minutes from downtown Damariscotta, Fox Hollow Estates provides easy access to restaurants, shopping, healthcare, marinas, the Maine coast, and U.S. Route 1. With approximately 23.5± acres, an approved 8-lot subdivision, substantial infrastructure work already completed, and a highly desirable Midcoast Maine location, Fox Hollow Estates presents an exceptional opportunity for developers, builders, investors, or those seeking to create a remarkable private estate or family compound.

Features

1023660 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Damariscotta over the last 12 months, the estimated median property value of TBD Standpipe Road is $95k.

Median value

$95k

Estimated value range

$54k - $225k

Median days on market

Estimated value trend

-33%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Damariscotta. 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 TBD Standpipe Road

2024

Sold

$225,000

01 Nov 2024 by Sara Rogers, of Newcastle Realty

Happy sellers in Damariscotta

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