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405 Lucy Knowles Road, Farmington, ME, 04938

1beds
1baths
643sqft
$299,000
$465price/sqft
$2,448/moest. monthly cost
$97,920/yrincome needed

About This Home

RECENTLY BUILT (2023) MODERN CABIN ON 83.80 SURVEYED ACRES--SITTING PRIVATELY ON A SUNNY KNOLL, BUT NOT REMOTE. Cabin features an open concept kitchen, living and dining rms., full bath, laundry, and large bedroom (fits king-sized bed well). Attractive V-Match wood interior, vinyl flooring, nice windows and slider to patio area. Enjoy the birds and wildlife as you sit for breakfast on the screened-in porch. The building sits on a cement knee-wall which has a concrete floor so you can slide underneath. The exterior siding is LP Smartside. The cabin size in 13'4''x48' and was built by Hill View Mini Barns in Etna, Me. 2x4 walls (R-13 in walls & floor, R-19 in ceiling) . An additional building 12x20, built by them, is also on the property plus an additional storage building. One property border is a babbling brook and there are a couple of woods roads into the land so you can hike, 4 wheel or hunt on your own land. 10 minutes to stores, restaurants. Several lakes to swim, boat and fish are within 20 minutes and golf at the nearby Wilson Lake Country Club. When your day is done, come home to your lovely cabin for a cook-out or just relaxing.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 2023

Materials

  • Foundation: Poured Concrete
  • Roof: Pitched,Shingle
  • Construction materials: Wood Frame,Composition

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Microwave,Gas Range,Refrigerator,Washer,Tankless Water Heater

Basement

  • Has basement: Yes
  • Basement: Other

Bedroom1

  • Features: Closet
  • Level: First

Bedrooms & Bathrooms

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

Features

  • 1st Floor Bedroom,One-Floor Living,Shower,Storage
  • Window features: Double Pane Windows
  • Flooring: Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 643

Great Room

  • Features: Built-in Features
  • Level: First

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 643
  • Total interior livable area: 643 sqft

Property

Details

  • Parcel number: FARNMR03L041
  • Zoning: town
  • Other equipment: Internet Access Available

Features

  • Patio & porch: Patio,Screened
  • Has view: Yes
  • View description: Trees/Woods
  • On waterfront: Yes
  • Waterbody name: Willow Brook
  • Frontage length: Waterfrontage: 3000,Waterfrontage Owned: 3000

Lot

  • Lot size: 83.80 Acres
  • Features: Near Shopping,Near Town,Rural,Open Lot,Rolling Slope,Wooded

Parking

  • Parking features: Gravel,5 - 10 Spaces,On Site

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

  • Ice Storm
    Ice StormVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hurricane
    HurricaneModerate

How This Home’s Risks Compare

Ice Storm
Winter Weather
Lightning
Strong Wind
Cold Wave
Drought
Hurricane

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 $136$1,632
Property Taxes $557$6,684
Electricity $244$2,930
Total$2,448$29,376

Income You'd Need if You Spent...

35% on housing$83,931/yr
40% on housing$73,440/yr
45% on housing$65,280/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

$465This listing

vs Other Active Listings

Avg $/sqft

ZIP 04938$192
Franklin County$251

vs Homes Sold Last Month

Median $/sqft

ZIP 04938
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
2026-06-18Listed for sale$299,000

For Sale by Agent

BrokeragePalmer Realty Group

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