$129,000

Penobscot River surveyed lot for sale in Medway, Maine. The 9.8 surveyed acre tract of Penobscot River land for sale has nearly 820 feet of frontage along the Penobscot River. The property has a gravel access road from route 116 to the land that fronts on the Penobscot River. The lot is heavily wooded with mature hemlock, pine, cedar and some very impressive oak trees. The land is rolling and is elevated above the river. Several large level areas would be ideal locations to build a riverfront cabin, home or perhaps a yurt site for a glamping location. The property would make a great private home site along the river or perhaps a set of rental cabins that could provide ongoing rental income from fisherman and vacationers visiting the Katahdin region. The property lies on the southern shore of the Penobscot River, one mile below the confluence of the east and west branches of the Penobscot River. This section of the Penobscot River lies above Weldon dam in Molunkus township, and below the Medway dam. The impoundment formed between these two dams extends for nearly eight miles of largely placid water. This is a great area for boating and fishing for small mouth bass. Navigating downstream from the property you will come to Salmon Stream which flows into the Penobscot from the north and Pattagumpus Stream which joins the Penobscot from the south. Both of these streams are great fisheries that are lightly fished. Downstream from the Medway dam, you will find a pretty good flow of highly oxygenated water, and the fishing can be quite good here at times. The town of Medway is a community of 1200 residents. Located right off of I-95, Medway is conveniently located. The nearby towns of East Millinocket and Millinocket have hardware stores, grocery stores and a critical access hospital. You can find about everything you need right here in the Katahdin region. Baxter State Park and the North Maine Woods are just up the road. Call today!