Skip to main contentSkip to navigation
1 / 35

Recreational Land with Home for Sale in Madrid, Maine

48 Richmond Rd, Madrid, ME 04966

$264,500
16 acres
Active sale
ago
Est $1,550/mo

Opportunity awaits in the heart of the Rangeley Lakes Region! If you've been dreaming of an affordable Maine getaway with privacy, acreage, and outstanding recreational access, this property deserves a closer look. Don't let the exterior fool you--this cottage is solidly built and fully insulated with a durable metal roof, private well and septic, 200-amp electrical service, and all the essentials already in place. It's simply waiting for the next owner to add the finishing touches and make it their own. Privately situated on 16± acres, the property features a pond, western mountain views, open fields, apple trees, raspberry bushes, mature woods, and abundant wildlife, creating a peaceful retreat. The cottage offers an open-concept living area with a vaulted ceiling, kitchen, bath, sleeping loft, a mini-split for warm summer days and a wood stove for cool Maine evenings. Step through the door onto the spacious deck and take in the quiet surroundings and scenic mountain views. A separate 300-square-foot outbuilding with electricity provides excellent storage or could easily be transformed into a bunkhouse, workshop, or hobby space. Outdoor enthusiasts will appreciate the close proximity to Toothaker Pond, ATV trail access, nearby hiking, and some of Maine's finest hunting and fishing opportunities. Despite its private setting, the property is conveniently located just 20 minutes from Rangeley and 10 minutes from Phillips. Whether you're looking for a weekend escape, hunting camp, or a property with the potential to build instant sweat equity, this unique offering is ready to enjoy today while leaving plenty of room to make it your own. Bring your vision and discover the possibilities this special Maine retreat has to offer.

656
Sq feet
1
Bed
1
Full bath
2016
Built

Location

Street address
48 Richmond Rd
Zip code
04966
Elevation
1,081 feet
Coordinates
44.8588, -70.4612

Property details

Acreage
16 acres
Zoning
Residential
MLS #
MREIS 1675319
Posted

Parcels

  • 48RichmondRoad
  • MadridTwp04970

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Level, Near Shopping, Open, Pasture/Field, Rolling/Sloping, Rural, Wooded

Exterior

Pool
Deck
Structures
Outbuilding

Structure

Basement
Crawl Space
Water
Well
Sewer
Septic Tank
Heating
Electric, Heat Pump, Propane, Wood, Wood Stove
Materials
Wood Frame
Roof
Metal

Interior

Room Count
3
Rooms
Bathroom, Bedroom
Features
Shower

Property utilities

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Aug 8, 2026New listing$264,500MREIS
Subscribe to listing updates

Payment calculator

This 16-acre property is located at 48 Richmond Rd in Madrid, ME 04966. The property is available for sale, priced at $264,500. It has a 656 square foot 1-bedroom, 1-bath house built in 2016.

Listed by Morton & Furbish Agency, (207) 864-5777

Checked 1 hour agoUpdated Source

Report listing issue

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact