Kennebec County, ME · Sold

ME-517405

9783 County Road 309

$419,900

$2,069/ac · 203 ac

Offer report Market this tract

Acreage203 ac

Price per acre$2,069/ac

ZoningResidential

Road accessDirt

UtilitiesOff grid

TopographyFlat

ListedFeb 5, 2025

Coordinates44.4488, -69.8459

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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

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

View Kennebec market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands29.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

3,655 ft of deeded road frontage.

Power4,128 ft away

Service extension needed; get a utility quote.

Buildable area136.71 of 202.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$297,828

$232,782 – $362,874 · $1,467/ac on 203 ac

Asking vs estimate

+41.0%

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 $419,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$170,187

$838/ac · +30.0% target margin

You need $249,713 off asking to hit this margin.

All-in cost$184,653

Net resale$274,002

Projected profit$89,349

ROI+48.4%

Annualized+69.3%

Break-even resale$989/ac

Profit if resale lands off target

-20%

$34,548

-10%

$61,949

$89,349

+10%

$116,749

+20%

$144,149

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ME-627405 Landlocked · Full utilities	203.0	Jul 27, 2026	$268,500	1,323	1,168	3.8 mi	87
ME-298487 Gravel · Off grid	444.5	Jul 27, 2026	$500,200	1,125	1,218	1.1 mi	78
ME-136699 Dirt · Power at road	121.7	Jul 27, 2026	$199,800	1,641	1,219	8.0 mi	78
ME-317627 Paved · Off grid	238.4	Apr 23, 2025	$351,900	1,476	1,188	8.2 mi	74
ME-208752 Landlocked · Off grid	538.5	Jan 20, 2025	$634,800	1,179	2,114	1.3 mi	70
ME-516823 Gravel · Off grid	133.2	Jan 13, 2025	$274,200	2,060	1,686	6.0 mi	70
ME-856108 Gravel · Power at road	79.3	Jul 19, 2026	$232,600	2,932	1,688	8.5 mi	69
ME-946045 Dirt · Power at road	75.8	Aug 18, 2024	$171,400	2,261	1,618	8.1 mi	64

Show adjustment detail for the top comp

Access (Landlocked → Dirt)+26.5%
Utilities (Full utilities → Off grid)-30.3%

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