M1L2 Wytopitlock Lake Road T2 R4 WELS, ME
$2,000,000
Acres 1,072.00
Description
Welcome to a once-in-a-lifetime opportunity to own over 1,000 acres of Maine land, including a remarkable 8,000 feet of lake frontage. This property, located in T2 R4 WELS, offers a rare chance for savvy investors to explore a multitude of possibilities.
As you contemplate the possibilities of this investment, remember that unlike traditional financial assets, you can physically stand on this one. While its value appreciates, you can indulge in the simple pleasures of the great outdoors, making this investment truly unique, one you could be proud to hand down to the next generation.
Land Features The standout feature is the impressive 8,000± feet of lake frontage on Wytopitlock Lake, a remote lake covering 1,152 acres with depths to 24 feet. The lake, with minimal development, is a unique setting for various water sport activities. Fish for trophy smallmouth bass, put the kids in the boat for a perch fishing outing and bring back a bucketful of these tasty fillets for dinner. Power boat the open basin or paddle in privacy along the quiet shores. The water is clean and clear to go for a swim on a hot summer day.
For a woodsier riparian experience you can explore Braley Brook, with its two branches meandering through the property for over 7,000 feet. Here you will find fast moving waters shaded by the forest canopy interspersed with flat waters rimmed with open wetland habitat that attracts moose, deer, water fowl and a multitude of other wildlife.
The property spans elevations from 470 to 600 feet above sea level, featuring three ridges running from northwest to southeast with brooks flowing between them. With 75% of the soil classified as Howland gravelly loam or Thorndike channery silt loam by the NRCS, this property is exceptional for timber growth and potentially agricultural ventures in the less rocky and steep areas.
Listed by United Country Lifestyle Properties of Maine, Philip McPhail II & Carmen McPhail 207-794-6164
Details
MLS 1581937
Status Active
Price $2,000,000
DOM 308 days
Type Lot/Land
Lot Size 1,072.00 acres
Taxes Paid $3,437
Lot & Building Features
Tax Year 2023
Taxes Paid $3,437
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Financing
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6.75%
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Principal & Interest
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.