See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

616 Millinocket Lake Road, Millinocket, ME, 04462

2beds
2baths
1,386sqft
$450,000
$325price/sqft
$3,116/moest. monthly cost
$124,640/yrincome needed

About This Home

Charming year round Lakeside retreat on Smith Pond. Welcome to your perfect getaway! This cozy and inviting property offers a unique blend of natural beauty and serene comfort, ideal for anyone looking to escape into nature. There is an abundance of outdoor recreations nearby and just minutes to Baxter State park where the majestic Mt. Katahdin is! In the winter months enjoy the convenience of the snowmobile trail right outside your door and enjoy ice fishing just feet from your home. The property features a spacious layout with 2 bedrooms and 2 full bathrooms. The pellet stove gives it a cozy element in the winter months. The windows let in so much natural light and frame the beautiful lake views. Outside, enjoy direct access to the lake, perfect for boating, fishing, swimming or simply relaxing by the water. The deck, & dock provides great space for entertaining or soaking in the beauty of the surrounding landscape.This home is less than 5 miles to the boat launch that is on Ambajejus lake which is connected to the 5 chains of lakes and has 18,670 acres to explore. This property offers the best of both seclusion and convenience. Whether you're seeking a year-round residence or a seasonal retreat this home has it all! Don't miss out on this rare opportunity to own this slice of paradise! Please see attached a list of all the

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

7/10
Granite Street SchoolGrades PK-54.0 mi
3/10
Stearns High SchoolGrades 6-123.7 mi

Construction

Condition

  • Year built: 1957

Materials

  • Foundation: Other
  • Roof: Metal
  • Construction materials: Log,Log Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Camp,Cottage
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: None

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First

Features

  • Flooring: Wood
  • Finished area below ground: 0
  • Finished area above ground: 1,386

Heating & Cooling

  • Heating features: Direct Vent Heater
  • Cooling features: None

Interior Area

  • Total structure area: 1,386
  • Total interior livable area: 1,386 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Zoning: rural

Features

  • Patio & porch: Porch
  • On waterfront: Yes
  • Waterbody name: Smith Pond
  • Frontage length: Waterfrontage: 115,Waterfrontage Owned: 115

Lot

  • Lot size: 0.58 Acres
  • Features: Near Turnpike/Interstate,Near Town,Level,Open Lot,Landscaped

Parking

  • Total spaces: 1
  • Parking features: Gravel,1 - 4 Spaces
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Hurricane
Inland Flooding
Lightning

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,275$27,300
Home Insurance $181$2,172
Property Taxes $416$4,992
Electricity $244$2,930
Total$3,116$37,392

Income You'd Need if You Spent...

35% on housing$106,834/yr
40% on housing$93,480/yr
45% on housing$83,093/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$325This listing

vs Other Active Listings

Avg $/sqft

ZIP 04462$142
Penobscot County$142

vs Homes Sold Last Month

Median $/sqft

ZIP 04462
Penobscot County$181

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-28Listed for sale$450,000
2026-02-03Listing removed$475,000
2025-08-28Price change$475,000
2025-06-25Listed for sale$495,000
2022-11-18Sold$365,000
2022-11-18Pending sale$369,000
2022-10-15Contingent$369,000
2022-07-02Listed for sale$369,000

For Sale by Agent

AgentKimberly McPheters
BrokerageNextHome Experience

Similar Homes