Kennebec County, ME · Sold

ME-317627

3761 County Road 121

$386,300

$1,621/ac · 238 ac

Offer report Market this tract

Acreage238 ac

Price per acre$1,621/ac

ZoningRecreational

Road accessPaved

UtilitiesOff grid

TopographyWooded

ListedFeb 3, 2025

Coordinates44.3987, -69.6960

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

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

View Kennebec market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands7.5% of tract

Little to no mapped wetland coverage.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,968 ft away

A long utility run — price in solar/off-grid instead.

Buildable area209.48 of 238.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$490,473

$378,449 – $602,496 · $2,058/ac on 238 ac

Asking vs estimate

-21.2%

Priced below 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 $386,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$280,270

$1,176/ac · +30.0% target margin

You need $106,030 off asking to hit this margin.

All-in cost$304,093

Net resale$451,235

Projected profit$147,142

ROI+48.4%

Annualized+69.2%

Break-even resale$1,387/ac

Profit if resale lands off target

-20%

$56,895

-10%

$102,019

$147,142

+10%

$192,266

+20%

$237,389

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
ME-627405 Landlocked · Full utilities	203.0	Jul 27, 2026	$268,500	1,323	1,532	8.4 mi	81
ME-298487 Gravel · Off grid	444.5	Jul 27, 2026	$500,200	1,125	1,597	9.0 mi	79
ME-517405 Dirt · Off grid	203.0	Dec 19, 2025	$426,200	2,100	2,830	8.2 mi	78
ME-136699 Dirt · Power at road	121.7	Jul 27, 2026	$199,800	1,641	1,598	8.1 mi	73
ME-516823 Gravel · Off grid	133.2	Jan 13, 2025	$274,200	2,060	2,211	3.3 mi	69
ME-856108 Gravel · Power at road	79.3	Jul 19, 2026	$232,600	2,932	2,214	9.5 mi	67
ME-119255 Paved · Off grid	775.3	May 21, 2025	$941,500	1,214	1,816	2.2 mi	67
ME-208752 Landlocked · Off grid	538.5	Jan 20, 2025	$634,800	1,179	2,772	9.0 mi	62
ME-946045 Dirt · Power at road	75.8	Aug 18, 2024	$171,400	2,261	2,122	4.4 mi	58

Show adjustment detail for the top comp

Tract size (202.97 ac → 238.38 ac)-4.4%
Access (Landlocked → Paved)+73.5%
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