
Recreational Land with Home for Sale in Rangeley, Maine
M1 L12-10 Toothaker Is, Rangeley, ME 04970
Discover an extraordinary opportunity to own a large parcel on Toothaker Island--a rare 20-acre legacy property on the pristine waters of Mooselookmeguntic Lake. With 485 feet of waterfront, mature forest, and exceptional privacy, this remarkable property is more than a getaway; it's an investment in generations of memories. Cherished by the same family for over 40 years, this unique island retreat offers the chance to establish a lasting family legacy. The expansive acreage provides exceptional long-term value, with ample space for future vision, or thoughtful expansion for the next generation. Tucked among the forest is a handcrafted log cabin built from timber harvested directly from the property, blending seamlessly into its surroundings. The cabin features an open-concept kitchen and living area, a first-floor bedroom, and a sleeping loft for additional guests. Thoughtfully equipped with both solar power and a generator, the cabin offers the comforts and conveniences needed to relax and enjoy extended stays. Several outbuildings provide convenient storage for boats, outdoor equipment, and recreational gear. Convenient access makes island ownership easy in every season. A state-owned public boat launch is located less than three miles from the property, providing a quick and convenient trip by boat to your private retreat during the warmer months. When winter arrives and the lake freezes, the property is accessible by snowmobile, making it easy to enjoy the peaceful beauty of Maine's winter landscape. Whether your dream is creating a private family compound, enjoying world-class boating and fishing, or escaping to the quiet beauty of the lake in every season, this exceptional property offers a rare combination of land, waterfront, privacy, accessibility, and enduring value. Opportunities to acquire a property of this size and significance on Mooselookmeguntic Lake are exceptionally rare, making this a legacy investment to be enjoyed for generations to come.
Location
- Street address
- M1 L12-10 Toothaker Is
- County
- Franklin County
- Zip code
- 04970
- Elevation
- 1,547 feet
Property details
- Acreage
- 20.5 acres
- Zoning
- LUPC
- MLS #
- MREIS 1663319
- Posted
Parcels
- toothakerislandrangeleyplantation04970
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Waterfront
- Lake
- Features
- Level, Rural, Wooded
Exterior
- Parking
- None
- Pool
- Deck
- Structures
- Outbuilding
Structure
- Heating
- Wood, Wood Stove
- Materials
- Log, Log Siding, Wood Siding
- Roof
- Metal
Interior
- Room Count
- 4
- Flooring
- Linoleum
- Features
- 1st Floor Bedroom
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 15, 2026 | Price drop | $459,000 | $20,000 -4.2% | MREIS |
| May 21, 2026 | New listing | $479,000 | — | MREIS |






















































