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00 Tewksbury Lane, Ripley, ME 04930

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For Sale

$189,000

48.5 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 48.5 acres
    Lot size

Explore this Property

48.5 acres with 545' of waterfront. If you enjoy privacy and the water this property is for you. Ripley Pond cover 248 acres. Boating, Swimming, Fishing. Many options for this property. This property is under the Maine Tree Growth Tax Program. This program offers tax relief for landowners. Under this 10 year plan a forest management plan is in place. The land can be sustainably harvested for timber. Which allows the owner to make income off the land. The current plan in place can be adopted by new owner, or a new plan put in place within 1 year from purchase. Now there is a penalty to remove the property from this program. This is a 1 time 20% penalty fee on the amount of land that is removed. Will vary in amount due to location of land removed within the 48.5 acres. As long as a minimum of 10 acres remains in Tree Growth program tax benefit will apply. With 48.5 acres you can remove 1 acre for building a camp, placing a pad for a camper. Current owner may consider splitting penalty fee to remove this 1 acre with buyer.
MLS# 1627633

Courtesy Of EXP REALTY LLC
PO Box 864, Rangeley, ME 04970
(888) 439-8743

Property Features

  • Amenities
    Water Front
  • Architecture Style
    Other
  • Lot Size
    48.5 Acres

Map and Directions

Directions to 00 Tewksbury Lane, Ripley, ME 04930

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.