Description
Excellent opportunity for acreage in the heart of Orono! This private lot features 4.88 wooded acres ready for its next prideful owner. Enjoy nature year-round in your backyard and along numerous trails through the woods of your own private property. The lot stretches nearly a 1/4 mile and backs up to 25+ acres of wooded city land. The current home has been used as a successful rental for the past 7 years, but the value is in the land. Numerous options for new construction; whether tearing down to rebuild or starting fresh in a different location on the property. Contact the City of Orono with questions and for additional information, and the possibility of building new while also keeping the current home as an 'ADU' (Accessory Dwelling Unit) for additional value on this unique piece of property. Desirably zoned for the award winning Orono Schools and conveniently located a mile from Orono High School and the Orono Ice Rink. For nearby new construction ideas checkout the new development at Crystal Bay Estates just one block to the south on Lillian Lane. This high demand location and exclusive 4.88-acre lot awaits new ideas to maximize its potential. Bring all your grand plans and start enjoying peaceful living at your new Orono estate. Reach out with any questions or to schedule a showing!
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3BEDS
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4.88ACRES
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1BATHS
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11/2 BATHS
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1,170SQFT
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$491$/SQFT
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Listing courtesy of Move it Real Estate Group/Lake.Description
Excellent opportunity for acreage in the heart of Orono! This private lot features 4.88 wooded acres ready for its next prideful owner. Enjoy nature year-round in your backyard and along numerous trails through the woods of your own private property. The lot stretches nearly a 1/4 mile and backs up to 25+ acres of wooded city land. The current home has been used as a successful rental for the past 7 years, but the value is in the land. Numerous options for new construction; whether tearing down to rebuild or starting fresh in a different location on the property. Contact the City of Orono with questions and for additional information, and the possibility of building new while also keeping the current home as an 'ADU' (Accessory Dwelling Unit) for additional value on this unique piece of property. Desirably zoned for the award winning Orono Schools and conveniently located a mile from Orono High School and the Orono Ice Rink. For nearby new construction ideas checkout the new development at Crystal Bay Estates just one block to the south on Lillian Lane. This high demand location and exclusive 4.88-acre lot awaits new ideas to maximize its potential. Bring all your grand plans and start enjoying peaceful living at your new Orono estate. Reach out with any questions or to schedule a showing!
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