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

49 Magalloway Loop, Rangeley, ME, 04970

4beds
3baths
2,255sqft
$999,000
$443price/sqft
$6,740/moest. monthly cost
$269,600/yrincome needed

About This Home

Exceptional alpine chalet ideally positioned close to the Main Lodge for effortless ski access and elevated après-ski living. This contemporary retreat captures the timeless charm of a classic chalet while delivering modern comfort and style. Inside, soaring 18-foot cathedral ceilings and exposed architectural beams create a grand yet welcoming atmosphere, while a dramatic cultured stone gas fireplace anchors the open-concept living space, perfect for gathering after a day on the slopes. With four bedrooms and three full baths, there is generous space to accommodate guests and maximize rental flexibility. The primary suite features private en-suite bath and its own private gas fireplace, creating a warm and inviting retreat, while a second bedroom offers a private en-suite bath for added comfort and convenience. The expansive, sun-drenched deck showcases sweeping westerly views with a peek of Saddleback Lake, a stunning backdrop for sunset gatherings and crisp mountain evenings. In winter, enjoy skiing and direct access to renowned snowmobiling trails with special mountaintop dining at The Nest with panoramic views. In summer, enjoy association lake access for swimming, paddling, and lakeside relaxation; in fall, take in vibrant foliage and crisp mountain air and spring offers quiet trails and refreshing alpine scenery, plus explore the charming shops and local restaurants of downtown Rangeley just minutes away, truly embracing four-season living. A proven and impressive rental history reflects consistent demand driven by its premier location. The unfinished lower level offers excellent potential for expanded living space, a recreation lounge, or bunk room, increasing occupancy potential and boosting rental revenue. A rare opportunity to own a premier slopeside escape in one of Maine's most sought-after year-round mountain communities.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

4/10

Construction

Condition

  • Year built: 2009

Materials

  • Foundation: Poured Concrete
  • Roof: Shingle
  • Construction materials: Other,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Chalet
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Full

Bedroom2

  • Features: Closet,Full Bath
  • Level: First

Bedroom3

  • Features: Balcony/Deck,Closet
  • Level: First

Bedroom4

  • Features: Closet
  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Features: Cathedral Ceiling(s),Dining Area
  • Level: First

Features

  • 1st Floor Bedroom,1st Floor Primary Bedroom w/Bath,Bathtub,One-Floor Living,Shower,Storage,Primary Bedroom w/Bath
  • Flooring: Carpet,Laminate,Tile
  • Number of fireplaces: 2
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,255

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: None

Interior Area

  • Total structure area: 2,255
  • Total interior livable area: 2,255 sqft

Kitchen

  • Features: Cathedral Ceiling(s),Eat-in Kitchen,Kitchen Island
  • Level: First

Laundry

  • Features: Built-in Features
  • Level: First

Living Room

  • Features: Cathedral Ceiling(s),Gas Fireplace
  • Level: First

Loft

  • Features: Stairway
  • Level: Second

Primary Bedroom

  • Features: Balcony/Deck,Closet,Double Vanity,Full Bath,Gas Fireplace,Separate Shower,Soaking Tub
  • Level: First

Property

Details

  • Zoning: LUPC

Features

  • Patio & porch: Deck
  • Has view: Yes
  • View description: Mountain(s),Scenic,Trees/Woods
  • On waterfront: Yes
  • Waterbody name: Saddleback Lake
  • Frontage length: Waterfrontage: 100,Waterfrontage Shared: 100

Lot

  • Lot size: 1.57 Acres
  • Features: Near Golf Course,Open Lot,Rolling Slope,Wooded

Parking

  • Parking features: Gravel,5 - 10 Spaces

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 WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Lightning
Hurricane
Inland Flooding
Ice Storm
Strong Wind

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 $5,051$60,612
Home Insurance $538$6,456
Property Taxes $824$9,888
Electricity $327$3,933
Total$6,740$80,880

Income You'd Need if You Spent...

35% on housing$231,085/yr
40% on housing$202,200/yr
45% on housing$179,733/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: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$443This listing

vs Other Active Listings

Avg $/sqft

ZIP 04970$362
Franklin County$247

vs Homes Sold Last Month

Median $/sqft

ZIP 04970
Franklin County$199

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
2026-02-20Listed for sale$999,000
2021-02-26Sold$462,500
2020-11-23Pending sale$475,000
2020-10-27Price change$475,000
2020-08-14Price change$499,500
2020-06-10Listed for sale$550,000

For Sale by Agent

AgentLisa DiBiase
BrokerageLanding Real Estate

Similar Homes