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Waldo County, ME · Sold

ME-236833

1590 County Road 16

$321,800
$2,400/ac · 134 ac
Acreage134 ac
Price per acre$2,400/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedJan 13, 2026
Coordinates44.4779, -69.2226
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

4 items to verify before you offer.

Risk index
49
Moderate risk
Wetlands39.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power144 ft away

Power at or near the road.

Buildable area76.82 of 134.11 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$298,484
$249,587$347,380 · $2,226/ac on 134 ac
Asking vs estimate
+7.8%
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 $321,800
Maximum allowable offer
$170,562
$1,272/ac · +30.0% target margin

You need $151,238 off asking to hit this margin.

All-in cost$185,060
Net resale$274,605
Projected profit$89,545
ROI+48.4%
Annualized+69.2%
Break-even resale$1,500/ac
Profit if resale lands off target
-20%
$34,624
-10%
$62,085
0%
$89,545
+10%
$117,006
+20%
$144,466
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
ME-806478
Landlocked · Full utilities
103.7Jul 27, 2026$309,3002,9832,9026.8 mi
80
ME-277910
Dirt · Power at road
292.6Jul 27, 2026$479,5001,6392,0392.7 mi
80
ME-466401
Dirt · Off grid
98.1Dec 10, 2025$217,7002,2202,4822.8 mi
79
ME-396848
Dirt · Off grid
135.6Jan 21, 2024$187,9001,3861,8113.6 mi
77
ME-767886
Landlocked · Off grid
287.6Jul 27, 2026$371,0001,2902,3762.7 mi
75
ME-625785
Dirt · Power at road
62.8Dec 6, 2024$110,4001,7591,5701.1 mi
75
ME-455628
Dirt · Off grid
56.0Jul 27, 2026$140,1002,5022,3996.9 mi
74
ME-135515
Paved · Off grid
51.6Jul 27, 2026$150,3002,9112,0004.5 mi
72
ME-755148
Dirt · Off grid
39.6Jul 8, 2026$99,0002,5022,2477.5 mi
70
ME-435927
Gravel · Power at road
69.6Jun 26, 2025$217,5003,1272,4016.2 mi
68
Show adjustment detail for the top comp
  • Tract size (103.7 ac → 134.11 ac)-6.3%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Full utilities → Power at road)-18.0%

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.