← New search
Hancock County, ME · Sold

ME-813409

8341 County Road 247

$55,600
$4,951/ac · 11.23 ac
Acreage11.23 ac
Price per acre$4,951/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedSep 19, 2023
Coordinates44.6305, -68.4370
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
4
Low risk
Wetlands4.7% of tract

Little to no mapped wetland coverage.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

588 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area10.17 of 11.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$52,000
$43,936$60,063 · $4,630/ac on 11.23 ac
Asking vs estimate
+6.9%
Priced above the comp set

Weighted from 9 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 $55,600
Maximum allowable offer
$29,714
$2,646/ac · +30.0% target margin

You need $25,886 off asking to hit this margin.

All-in cost$32,240
Net resale$47,840
Projected profit$15,600
ROI+48.4%
Annualized+69.3%
Break-even resale$3,120/ac
Profit if resale lands off target
-20%
$6,032
-10%
$10,816
0%
$15,600
+10%
$20,384
+20%
$25,168
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-923329
Dirt · Power at road
10.6Aug 17, 2025$26,5002,5013,6783.0 mi
84
ME-904123
Gravel · Off grid
18.8Jul 27, 2026$55,0002,9224,4385.2 mi
80
ME-364115
Gravel · Full utilities
18.7Mar 2, 2024$92,0004,9165,7211.4 mi
75
ME-983658
Dirt · Full utilities
13.4May 6, 2025$45,9003,4144,2549.7 mi
73
ME-944681
Dirt · Off grid
28.2Jul 27, 2026$60,7002,1514,0184.9 mi
72
ME-562915
Gravel · Off grid
7.8Aug 31, 2025$23,4002,9754,32211.1 mi
71
ME-653972
Dirt · Power at road
16.9Oct 9, 2025$51,8003,0714,7019.7 mi
69
ME-572262
Landlocked · Power at road
4.9Oct 1, 2025$16,5003,3805,9592.0 mi
68
ME-562035
Landlocked · Power at road
4.2Jun 25, 2025$11,3002,7204,81411.8 mi
59
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (12 mo)+4.2%

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.