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Improved Residential Land for Sale in Gilead, Maine

1686 North Rd, Gilead, ME 04217

$675,000
2 acres
Active sale
$50k drop
Est $3,609/mo

Rare Multi-Unit Property! 1686 North Road offers an exceptional investment opportunity with three residential units on one expansive parcel or for a home owner the opportunity to own a versatile property featuring a primary residence plus two additional rental units. The main residence (Unit 1) features three bedrooms, two full bathrooms, laundry hookups, a two-car garage, office space, and a walk-in basement ideal for storage or a fitness area. Units 2 (newly remodeled) and 3 each include two bedrooms, two full bathrooms and laundry hook ups creating strong rental appeal and income potential. Situated on approximately 2 wooded acres with 225 feet of river frontage on the Androscoggin River, this property combines desirable natural features with year-round recreational access. Snowmobile trails run directly through the property, offering direct access from the backyard—an attractive feature for both long-term and short-term rentals. A quiet, private setting enhances tenant appeal while supporting premium rental demand. A rare chance to own a multi-unit property with strong income potential, recreational access, and valuable land features.

3,456
Sq feet
6
Full baths
1994
Built

Location

Street address
1686 North Rd
Elevation
694 feet
Coordinates
44.4059, -70.93

Property details

Acreage
2 acres
MLS #
MREIS 1647340
Posted

Property taxes

2025
$4,457

Details and features

Listing

Type
Residential Multi Family
Unit Count
3

Lot

Waterfront
Yes
Features
Rural, Ski Resort, Wooded

Exterior

Parking
Underground/Basement

Structure

Stories
2
Basement
Walk-Out Access
Water
Private
Sewer
Private Sewer
Heating
Baseboard
Materials
Vinyl Siding, Wood Frame
Roof
Shingle

Interior

Rooms
Basement, Bathroom x 6
Flooring
Carpet, Tile

Listing history

DateEventPriceChangeSource
Mar 2, 2026Price drop$675,000$50,000 -6.9%MREIS
Dec 30, 2025New listing$725,000MREIS
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This 2-acre property is located at 1686 North Rd in Gilead, ME 04217. The property is available for sale for $675,000. It has a 3,456 sq ft structure built in 1994.

Checked 1 hour ago — Updated

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