Hancock County, ME · Sold

ME-466859

8693 County Road 89

$358,000

$2,620/ac · 137 ac

Offer report Market this tract

Acreage137 ac

Price per acre$2,620/ac

ZoningAgricultural

Road accessGravel

UtilitiesPower at road

TopographySloped

ListedJun 7, 2025

Coordinates44.5330, -68.3014

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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Hancock County, Maine. North Woods timberland and lakefront camp lots.

View Hancock market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands3.2% of tract

Little to no mapped wetland coverage.

Average slope14.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,978 ft of deeded road frontage.

Power72 ft away

Power at or near the road.

Buildable area105.83 of 136.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$307,151

$221,149 – $393,154 · $2,248/ac on 137 ac

Asking vs estimate

+16.6%

Priced above the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $358,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$175,515

$1,284/ac · +30.0% target margin

You need $182,485 off asking to hit this margin.

All-in cost$190,434

Net resale$282,579

Projected profit$92,145

ROI+48.4%

Annualized+69.2%

Break-even resale$1,515/ac

Profit if resale lands off target

-20%

$35,630

-10%

$63,887

$92,145

+10%

$120,403

+20%

$148,661

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ME-407038 Dirt · Power at road	155.6	Jul 27, 2026	$283,000	1,819	2,194	0.2 mi	93
ME-256933 Dirt · Full utilities	144.2	Jul 27, 2026	$216,000	1,498	1,451	8.1 mi	88
ME-447420 Gravel · Off grid	205.2	Mar 13, 2026	$248,700	1,212	1,620	10.1 mi	79
ME-727359 Landlocked · Off grid	196.3	Jul 13, 2026	$268,800	1,369	2,623	10.3 mi	76
ME-625695 Dirt · Full utilities	58.8	Jul 27, 2026	$108,500	1,846	1,441	7.3 mi	76
ME-466465 Landlocked · Full utilities	102.7	Nov 15, 2025	$201,300	1,960	2,265	7.6 mi	73
ME-837042 Landlocked · Power at road	156.0	Feb 22, 2025	$377,000	2,416	3,909	9.1 mi	73
ME-336456 Gravel · Off grid	102.1	Dec 1, 2024	$159,900	1,566	1,833	5.8 mi	72
ME-227800 Dirt · Full utilities	270.2	Jan 8, 2026	$733,500	2,714	3,202	3.1 mi	71
ME-477718 Paved · Power at road	254.6	Jul 8, 2024	$511,500	2,009	2,199	4.1 mi	70

Show adjustment detail for the top comp

Tract size (155.59 ac → 136.66 ac)+3.5%
Access (Dirt → Gravel)+16.3%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.

Build the listing kit Post a deal or JV