← New search
Waldo County, ME · Sold

ME-806478

5109 County Road 377

$298,000
$2,874/ac · 104 ac
Acreage104 ac
Price per acre$2,874/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographyRolling
ListedMay 22, 2026
Coordinates44.5762, -69.2262
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

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

View Waldo market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands2.0% of tract

Little to no mapped wetland coverage.

Average slope10.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area96.54 of 103.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$235,213
$209,181$261,245 · $2,268/ac on 104 ac
Asking vs estimate
+26.7%
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 $298,000
Maximum allowable offer
$134,407
$1,296/ac · +30.0% target margin

You need $163,593 off asking to hit this margin.

All-in cost$145,832
Net resale$216,396
Projected profit$70,564
ROI+48.4%
Annualized+69.3%
Break-even resale$1,529/ac
Profit if resale lands off target
-20%
$27,285
-10%
$48,925
0%
$70,564
+10%
$92,204
+20%
$113,843
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-455628
Dirt · Off grid
56.0Jul 27, 2026$140,1002,5022,4713.7 mi
81
ME-236833
Dirt · Power at road
134.1May 19, 2026$303,1002,2602,3526.8 mi
78
ME-755148
Dirt · Off grid
39.6Jul 8, 2026$99,0002,5022,3141.5 mi
78
ME-466401
Dirt · Off grid
98.1Dec 10, 2025$217,7002,2202,5569.2 mi
77
ME-135515
Paved · Off grid
51.6Jul 27, 2026$150,3002,9112,06110.4 mi
71
ME-386060
Gravel · Off grid
76.6Aug 11, 2024$199,3002,6012,5610.9 mi
71
ME-767886
Landlocked · Off grid
287.6Jul 27, 2026$371,0001,2902,4479.4 mi
71
ME-385161
Paved · Power at road
39.9Mar 10, 2026$128,1003,2081,8661.2 mi
71
ME-396848
Dirt · Off grid
135.6Jan 21, 2024$187,9001,3861,8663.2 mi
69
ME-277910
Dirt · Power at road
292.6Jul 27, 2026$479,5001,6392,1009.4 mi
68
Show adjustment detail for the top comp
  • Tract size (56.02 ac → 103.7 ac)-13.2%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Full utilities)+43.5%

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.