$989,900
$10K PRICE DROP

859 Maine St Stoneham, ME 04231

Estimated payment $5,664/month

Total Views 1,690
-- Bed
3 Baths
2,595 Sq Ft
$381 Price per Sq Ft

Highlights

  • Water Views
  • 56.47 Acre Lot
  • Deck
  • Nearby Water Access
  • A-Frame Home
  • Wooded Lot

About This Home

Tucked away in the charming town of Stoneham, Maine, this remarkable 56-acre property offers the perfect blend of natural beauty and business opportunity. Surrounded by forests, mountain views, and easy access to lakes and ski resorts, the land itself is a destination. But what makes it truly special is that it's not just scenic—it's a fully operational, income-producing business ready for its next owner to step in and either grow its success or reimagine it completely.
The six existing rentals include three unique treehouses and three cozy A-frame cabins. Designed to blend into the natural environment, each unit offers guests an unforgettable escape. These accommodations draw visitors year-round, as the demand for nature-based, experiential travel continues to rise. From unplugging in the woods to reconnecting with loved ones, guests come from all over for this peaceful retreat.
Adding to the appeal is a 50-foot mountaintop tower with breathtaking views of the White Mountains—an eye-catching attraction ideal for branding, events, or photography. The property also includes miles of private hiking trails, a professional 18-hole disc golf course, and nearby access to Virginia Lake's sandy beach, making it a complete destination for outdoor recreation and relaxation. There's plenty of room to expand offerings, from kayak rentals to guided tours or wellness programs.
An on-site convenience store offers snacks, essentials, and local goods, creating another revenue stream and added value for guests. Communal fire pits and gathering areas make it ideal for group retreats, or small events.
Bordering The White Mountain National Forest and close to major destinations like Sunday River, Pleasant Mountain, and North Conway, this property enjoys steady, four-season tourism. Fully furnished and equipped, including maintenance tools like a tractor, it's ready for immediate operation.
With endless potential for growth, this is your chance to own a turnkey business!

Listing Agent

Amanda Salovitch

Dream Home Realty LLC Listed on: 05/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,691

Year Built

  • Built in 2016

Lot Details

  • 56.47 Acre Lot
  • Near Conservation Area
  • Rural Setting
  • Wooded Lot

Property Views

  • Water
  • Scenic Vista
  • Woods
  • Mountain

Home Design

  • 2,595 Sq Ft Home
  • A-Frame Home
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Composting Toilet
  • Bathtub
  • Shower Only

Parking

  • Gravel Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Green Energy Fireplace or Wood Stove

Outdoor Features

  • Nearby Water Access
  • Deck
  • Shed
  • Outhouse

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Wood
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Design Available
  • Private Sewer

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number STHM-000003R-000000-000011-000001-11A

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $22,209
  • Gross Income $120,369

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,691

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 56.47
  • Road Surface Type: Paved
  • Water Body Name: Keewaydin Lake
  • MLS Status: Active
  • Directions: From Stoneham, Rte. 5 through town of Stoneham, past Keewaydin Lake, the property is on the right. Look for sign of In The Trees- Maine Treehouse Rentals and Mountain Disc Golf.
  • Above Grade Finished Sq Ft: 2595.0
  • Architectural Style: Other, A-Frame
  • Garage Yn: No
  • Year Built: 2016
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 56.47
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2595.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Storage: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 6
  • Income Expenses Gross Income: 120369.0
  • Income Expenses Operating Expenses: 22209.17
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • View:Mountain(s): Yes
  • Location:Abuts Conservation: Yes
  • Heat System:Space Heater: Yes
  • Amenities:Compost Toilet: Yes
  • Other Structures:OuthousePrivy: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 3
  • Flooring: Wood, Laminate
  • Interior Amenities: Bathtub, Compost Toilet, Other, Shower, Storage

Exterior Features

  • Lot Features: Wooded, Abuts Conservation, Rural
  • View: Trees/Woods, Mountain(s), Scenic
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Shed(s), Outhouse/Privy
  • Patio And Porch Features: Deck
  • Roof: Metal, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 21+ Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Wood Stove, Space Heater, Other Heat System
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available
  • Utilities: Utilities On
  • Water Source: Well, Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2459833.2
  • Parcel #: STHM-000003R-000000-000011-000001-11A
  • Zoning: Res/Comm

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 120369.0
  • Annual Operating Expense: 22209.17

Tax Info

  • Tax Annual Amount: 2691.0
  • Tax Book Number: 5687
  • Tax Lot: 11
  • Tax Map Number: R3
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,691 $420,496 $88,330 $332,166
2023 $2,408 $329,914 $80,300 $249,614
2022 $2,827 $320,140 $73,000 $247,140
2021 $3,009 $320,143 $73,000 $247,143
2020 $3,009 $320,143 $73,000 $247,143
2019 $2,875 $320,143 $73,000 $247,143
2018 $2,740 $320,143 $73,000 $247,143
2017 $2,525 $295,015 $73,000 $222,015
2016 $1,767 $206,395 $73,000 $133,395
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $989,900 -1.0% $381 / Sq Ft
05/21/2025 05/21/25 For Sale $999,900 +2122.0% $385 / Sq Ft
08/18/2014 08/18/14 Sold $45,000 -21.1% $26 / Sq Ft
07/19/2014 07/19/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $57,000 -- $32 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed $700,000 None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $75,000 Stand Alone Refi Refinance Of Original Loan
Open $517,500 Purchase Money Mortgage
Previous Owner $110,000 Unknown
Previous Owner $50,000 Unknown
Source: Public Records

Source: Maine Listings

MLS Number: 1623486

Maine Listings

APN: STHM-000003R-000000-000011-000001-11A