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Hancock County, ME · Sold

ME-699292

4968 County Road 209

$1,879,100
$2,360/ac · 796 ac
Acreage796 ac
Price per acre$2,360/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedJun 11, 2026
Coordinates44.5692, -68.4858
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
1
Low risk
Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,653 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area750.48 of 796.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,543,219
$1,196,959$1,889,479 · $1,938/ac on 796 ac
Asking vs estimate
+21.8%
Priced above the comp set

Weighted from 8 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 $1,879,100
Maximum allowable offer
$881,840
$1,107/ac · +30.0% target margin

You need $997,260 off asking to hit this margin.

All-in cost$956,796
Net resale$1,419,762
Projected profit$462,965
ROI+48.4%
Annualized+69.2%
Break-even resale$1,306/ac
Profit if resale lands off target
-20%
$179,013
-10%
$320,989
0%
$462,965
+10%
$604,942
+20%
$746,918
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-719248
Gravel · Power at road
771.4Jul 27, 2026$1,152,2001,4941,8094.6 mi
88
ME-189374
Gravel · Off grid
845.1Jul 27, 2026$816,4009661,41510.7 mi
85
ME-889278
Gravel · Full utilities
788.3Mar 11, 2025$1,772,3002,2482,3767.7 mi
79
ME-259857
Landlocked · Off grid
1199.1Oct 27, 2025$1,236,8001,0312,5555.2 mi
72
ME-959998
Gravel · Power at road
1328.1Nov 9, 2024$1,161,0008741,3432.8 mi
70
ME-208310
Paved · Power at road
391.0Dec 3, 2025$947,9002,4242,0796.1 mi
68
ME-227800
Dirt · Full utilities
270.2Jan 8, 2026$733,5002,7142,3408.5 mi
65
ME-477718
Paved · Power at road
254.6Jul 8, 2024$511,5002,0091,60711.9 mi
53
Show adjustment detail for the top comp
  • Tract size (771.37 ac → 796.35 ac)-1.0%
  • Utilities (Power at road → Full utilities)+22.0%

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.