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5.2-acre waterfront parcel in Medway with +/- 400' of frontage on the West Branch of the Penobscot River. Located on a quiet dead-end road just 5 minutes from I-95 and a short drive to Millinocket, with Baxter State Park and Mount Katahdin nearby. Flexible residential/commercial zoning offers endless potential for a private retreat, investment property, or commercial venture. State-approved for up to 4 mobile home sites. Two existing tenant-owned homes on a month-to-month lot lease generating monthly income, with option to continue, expand, or remove and redevelop the site. Prime location for outdoor recreation including fishing, hunting, boating, hiking, and snowmobiling. A rare opportunity to own versatile waterfront land in a high-demand recreational area at the gateway to the North Maine Woods.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 4/22/2026 | Year Built | 0 |
|---|---|---|---|
| County | Penobscot |
Additional Details
| LOT | 5.2 acre(s) |
|---|---|
| LOT DESCRIPTION | Near Golf Course, Waterfront |
| LOT DIMENSIONS | 5.2 |
| MLS STATUS | Active |
| SEWER | Private Sewer |
| TAXES | 796.18 |
| UTILITIES | Propane |
| WATER | Private, Well |
| WATER ACCESS | Penobscot River |
| WATERFRONT | Yes |
Listing provided by ERA Dawson-Bradford Co.
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
Mortgage Calculator provided by Diverse Solutions © 2026
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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