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Hancock County, ME · Sold

ME-653972

7127 County Road 299

$56,900
$3,371/ac · 16.88 ac
Acreage16.88 ac
Price per acre$3,371/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedMay 17, 2025
Coordinates44.4899, -68.4540
Loading terrain…
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

No material red flags on the mapped layers.

Risk index
11
Low risk
Wetlands8.1% of tract

Little to no mapped wetland coverage.

Average slope8.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

671 ft of deeded road frontage.

Power104 ft away

Power at or near the road.

Buildable area14.74 of 16.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$52,802
$40,988$64,616 · $3,128/ac on 16.88 ac
Asking vs estimate
+7.8%
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 $56,900
Maximum allowable offer
$30,172
$1,787/ac · +30.0% target margin

You need $26,728 off asking to hit this margin.

All-in cost$32,737
Net resale$48,578
Projected profit$15,841
ROI+48.4%
Annualized+69.3%
Break-even resale$2,108/ac
Profit if resale lands off target
-20%
$6,126
-10%
$10,983
0%
$15,841
+10%
$20,699
+20%
$25,557
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-904123
Gravel · Off grid
18.8Jul 27, 2026$55,0002,9223,00210.3 mi
81
ME-944681
Dirt · Off grid
28.2Jul 27, 2026$60,7002,1512,7185.1 mi
80
ME-555357
Dirt · Off grid
46.0Jul 27, 2026$141,5003,0744,2313.6 mi
75
ME-983658
Dirt · Full utilities
13.4May 6, 2025$45,9003,4142,87815.8 mi
74
ME-923329
Dirt · Power at road
10.6Aug 17, 2025$26,5002,5012,48812.1 mi
71
ME-625695
Dirt · Full utilities
58.8Jul 27, 2026$108,5001,8461,8608.2 mi
69
ME-562915
Gravel · Off grid
7.8Aug 31, 2025$23,4002,9752,9242.1 mi
69
ME-364115
Gravel · Full utilities
18.7Mar 2, 2024$92,0004,9163,8708.5 mi
69
ME-813409
Gravel · Full utilities
11.2Nov 25, 2023$51,6004,5953,4649.7 mi
62
ME-572262
Landlocked · Power at road
4.9Oct 1, 2025$16,5003,3804,03210.6 mi
61
Show adjustment detail for the top comp
  • Tract size (18.83 ac → 16.88 ac)+1.3%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%

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.