$450,000

SOLAR LAND LEASE OPTION IN PLACE AND WOULD TRANSFER TO NEW OWNER. Wonderful opportunity to own large diverse acreage close to Orono, University of Maine, Old Town and Bangor. This 300+ acre lot has approximately 975' of frontage on Call Road that is town maintained and has power. Approximately 1.4 miles of internal road system, invaluable for easy access. There was a 14-lot subdivision plan prepared off what is called Cobblestone Lane back in 2007. There is the potential to revisit this and resurrect it for development. Wildlife sign was evident during inspection of the lot. Lot is comprised mostly of young hardwood stands with softwood understory. While close to everything, it feels like miles from anything when walking the interior of this intriguing lot. The 31+/- acre wetland has a great deal of ecological importance. The property is close to Sunkhaze Meadows National Wildlife Refuge (SMNWR) which is over 11,000 acres and has several activities for outdoor enthusiasts. The Penobscot River is also nearby. Possible options for solar farm. The location relative to the Milford power station (½ mile as the crow flies) is and will be enticing. Nothing like it in the surrounding area. The entire parcel is enrolled in Maine's Tree Growth Tax Law program resulting in lower tax burden. Taxes for 2023 were only $686.