48 Richmond Road, Madrid Twp, ME 04970 (MLS # 1675319)
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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 electricity provides excellent storage or could easily be transformed into a bunkhouse, workshop, or hobby space. Outdoor enthusiasts will appreciate the close proximity to Toothaker Pond, ATV trail access, nearby hiking, and some of Maine's finest hunting and fishing opportunities. Despite its private setting, the property is conveniently located just 20 minutes from Rangeley and 10 minutes from Phillips. Whether you're looking for a weekend escape, hunting camp, or a property with the potential to build instant sweat equity, this unique offering is ready to enjoy today while leaving plenty of room to make it your own. Bring your vision and discover the possibilities this special Maine retreat has to offer.
| LAST UPDATED | 8/7/2026 | YEAR BUILT | 2016 |
|---|---|---|---|
| COUNTY | Franklin | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Range, Refrigerator |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame, Other |
| HEAT | Electric, Heat Pump, Propane, Wood, Wood Stove |
| LOT | 16 acre(s) |
| LOT DESCRIPTION | Level, Open Lot, Pasture, Rolling Slope, Wooded |
| LOT DIMENSIONS | 16.0 |
| MLS STATUS | Active |
| PARKING | Gravel |
| SEWER | Septic Tank |
| STYLE | Camp |
| TAXES | 1037.62 |
| UTILITIES | Natural Gas Not Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Scenic, Trees/Woods |
| WATER | Well |
Listing provided by Morton & Furbish Agency
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
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IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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