Comparable sales & offer analysis
Parcel ME-889278
Hancock County, ME · 788 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,717,300
Adjusted value
$1,510,577
Value range
$1,191,537–$1,829,617
Comp $/acre
$1,916/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +13.7% versus the adjusted value.
Offer position
Max allowable offer
$863,187
Offer $/acre
$1,095/ac
Projected profit
$453,173
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| ME-699292 | 796.4 | Jul 27, 2026 | $1,649,800 | 2,072 | 2,094 | 87 |
| ME-719248 | 771.4 | Jul 27, 2026 | $1,152,200 | 1,494 | 1,824 | 86 |
| ME-189374 | 845.1 | Jul 27, 2026 | $816,400 | 966 | 1,428 | 83 |
| ME-259857 | 1199.1 | Oct 27, 2025 | $1,236,800 | 1,031 | 2,577 | 70 |
| ME-959998 | 1328.1 | Nov 9, 2024 | $1,161,000 | 874 | 1,354 | 67 |
| ME-208310 | 391.0 | Dec 3, 2025 | $947,900 | 2,424 | 2,097 | 65 |
| ME-227800 | 270.2 | Jan 8, 2026 | $733,500 | 2,714 | 2,361 | 65 |
| ME-477718 | 254.6 | Jul 8, 2024 | $511,500 | 2,009 | 1,621 | 54 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.