48 Richmond Road, Madrid Twp, ME 04970 (MLS# 1675319)

48 Richmond Road, Madrid Twp, ME 04970

$264,500

Virtual Tour

https://www.propertypanorama.com/instaview/mreis/1675319

Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 656 Lot Size (sq. ft.): 696,960 Status: Pending

Current Price: $264,500 List Date: 8/08/2026 Last Modified: 10/12/2026

Overview

Description

Opportunity awaits in the heart of the Rangeley Lakes Region! If you've been dreaming of an affordable Maine getaway with privacy, acreage, and outstanding recreational access, this property deserves a closer look. Don't let the exterior fool you--this cottage is solidly built and fully insulated with a durable metal roof, private well and septic, 200-amp electrical service, and all the essentials already in place. It's simply waiting for the next owner to add the finishing touches and make it their own. Privately situated on 16± acres, the property features a pond, mountain views, open fields, apple trees, raspberry bushes, mature woods and abundant wildlife. The cottage offers an open-concept living area with a vaulted ceiling, kitchen, bath, sleeping loft, a mini-split for warm summer days and a wood stove for cool Maine evenings. Step through the door onto the spacious deck and take in the quiet surroundings and scenic mountain views. A separate 300-square-foot outbuilding with e ... (Read more)

Listing Details MLS# 1675319

Property Sub-Type

Property Sub-Type: Single Family Residence

Location Information

Street #: 48
Street Name: Richmond
Street Type: Road
County: Franklin
Town: Madrid Twp
State/Province: ME
Zip Code: 04970
Leased Land: No
Book: 4487
Page: 12
Map: FR029
Block: 02
Lot: 18
Zoning: Residential
Zoning Overlay: No
Association: No
Full Tax Amount $: 1037.62
Tax Year: 2025
Tree Growth Y/N: No

Contract Information

Original List Price: 264500

Property Information

Surveyed: Yes
Seasonal: Yes
# Rooms: 3
# Bedrooms: Yes
Total Full Baths: Yes
Total Baths: Yes
Furniture: Partially
Year Built: 2016
SqFt Finished Above Grade: 656
SqFt Finished Total: 656
SqFt Source: Seller
Garage: No
Lot Size Acres +/-: 16
Source of Acreage: Survey
Total Half Baths: 0
# Fireplaces: 0
SqFt Finished Below Grade: 0
Garage Spaces: 0

Status Change Info

Pending Date: 2026-08-30

Water Info

Water Frontage: No
Water View: No

More Information

Levels

One and One Half: Yes

Site

Level: Yes
Open: Yes
Pasture/Field: Yes
Rolling/Sloping: Yes
Wooded: Yes

Location

Near Shopping: Yes
Rural: Yes

Roads

Dead End: Yes
Dirt: Yes
Gravel: Yes
Private Road: Yes

Recreational Water

Nearby: Yes

Construction

Wood Frame: Yes

Other Structures

Outbuilding: Yes

Basement

Crawl Space: Yes

View

Fields: Yes
Mountain(s): Yes
Scenic: Yes
Trees/Woods: Yes

Foundation Materials

Pillar/Post/Pier: Yes

Exterior

Other: Yes

Roof

Metal: Yes

Heat System

Heat Pump: Yes
Wood Stove: Yes

Appliances Included

Gas Range: Yes
Refrigerator: Yes

Heat Fuel

Electric: Yes
Propane: Yes
Wood: Yes

Cooling

Heat Pump: Yes

Floors

Wood: Yes

Kitchen Countertop

Other: Yes

Parking

5 - 10 Spaces: Yes

Style

Camp: Yes

Electric

Circuit Breakers: Yes

Gas

No Gas: Yes

Sewer

Septic Tank: Yes

Water

Well: Yes

Driveway

Gravel: Yes

Basement Entry

Not Applicable: Yes

Water Heater

Electric: Yes

Amenities

Shower: Yes

Patio and Porch Features

Deck: Yes

Equipment

Internet Access Available: Yes

Vehicle Storage

No Vehicle Storage: Yes

Kitchen

Kitchen: Yes
Kitchen Level: First

Living Room

Living Room: Yes
Living Room Level: First

Loft

Loft: Yes

Loft Amenities

Ladder: Yes

Property Features

Site: Level; Open; Pasture/Field; Rolling/Sloping; Wooded Location: Near Shopping; Rural Roads: Dead End; Dirt; Gravel; Private Road Recreational Water: Nearby View: Fields; Mountain(s); Scenic; Trees/Woods Appliances Included: Gas Range; Refrigerator Kitchen Countertop: Other Style: Camp Levels: One and One Half Construction: Wood Frame Basement: Crawl Space Basement Entry: Not Applicable Foundation Materials: Pillar/Post/Pier Roof: Metal Exterior: Other Heat System: Heat Pump; Wood Stove Heat Fuel: Propane; Wood Water Heater: Electric Cooling: Heat Pump Floors: Wood Amenities: Shower Patio and Porch Features: Deck Equipment: Internet Access Available Driveway: Gravel Parking: 5 - 10 Spaces Vehicle Storage: No Vehicle Storage Other Structures: Outbuilding Electric: Circuit Breakers Gas: No Gas Sewer: Septic Tank Water: Well

Room Information

Room Name	Level
Living Room	First
Kitchen	First
Loft	Second

Documents

Map and Disclosures ›

Listing Office: Morton & Furbish Agency

Last Updated: October - 12 - 2026

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.