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533 Peacepipe Drive, Litchfield, ME, 04350

1beds
1baths
576sqft
$299,000
$519price/sqft
$2,215/moest. monthly cost
$88,600/yrincome needed

About This Home

Step back to simpler times with this classic Maine rustic camp, offering 1 bedroom and 1 bath in a peaceful, no-frills setting just moments from the water. With deeded right-of-way access to the lake, you can enjoy swimming, boating, and long summer days without the waterfront taxes. Inside, the camp has a nostalgic charm, ready for you to enjoy as-is or update to your liking. It's the kind of place where mornings start with coffee on the porch and evenings end by the fire. Adding to the appeal is a separate .20-acre, complete with a septic system and space for a camper --ideal for hosting family and friends or expanding your getaway footprint.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

--
Libby-Tozier SchoolGrades PK-K7.2 mi
2/10
Oak Hill Middle SchoolGrades 5-811.4 mi
6/10
Oak Hill High SchoolGrades 9-128.8 mi

Construction

Condition

  • Year built: 1950

Materials

  • Roof: Shingle
  • Construction materials: Wood Frame,Clapboard

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Microwave,Refrigerator

Basement

  • Basement: None

Bedroom1

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Wood
  • Finished area below ground: 0
  • Finished area above ground: 576

Heating & Cooling

  • Heating features: Wood Stove
  • Cooling features: None

Interior Area

  • Total structure area: 576
  • Total interior livable area: 576 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: LITDMU28L072
  • Zoning: Residential

Features

  • Has view: Yes
  • View description: Scenic
  • On waterfront: Yes
  • Waterbody name: Cobbosseecontee Lake
  • Frontage length: Waterfrontage: 187.7,Waterfrontage Shared: 187.7

Lot

  • Lot size: 0.30 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
  • Ice Storm
    Ice StormRelatively High
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Ice Storm
Hurricane
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 $1,511$18,132
Home Insurance $105$1,260
Property Taxes $355$4,260
Electricity $244$2,930
Total$2,215$26,580

Income You'd Need if You Spent...

35% on housing$75,942/yr
40% on housing$66,450/yr
45% on housing$59,066/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: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$519This listing

vs Other Active Listings

Avg $/sqft

ZIP 04350$169
Kennebec County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 04350$246
Kennebec County$192

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
2026-05-05Price change$399,000
2026-04-24Listed for sale$425,000

For Sale by Agent

BrokeragePortside Real Estate Group

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