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378 Mingo Loop Road, Rangeley, ME, 04970

2beds
2baths
1,232sqft
$474,500
$385price/sqft
$3,391/moest. monthly cost
$135,640/yrincome needed

About This Home

Quiet Country Living Between Rangeley and Oquossoc! Tucked away on 1.22 acres, this attractive Cape-style home offers a peaceful setting with easy access to everything the Rangeley Region has to offer. With 2+ bedrooms and 2 baths, the home features a comfortable layout including a living room, family room (currently used as a main floor BR) and an open kitchen/dining area. A west-facing deck just off the kitchen is perfect for enjoying sunsets, surrounding woods, and wildlife. The oversized attached 2-car garage includes 9 ft. doors and a large unfinished space above—ideal for storage or future living space. A mudroom entry connects the garage to the main house for convenience. Stay cozy year-round with both a hot air furnace and a wood furnace. Interior highlights include hardwood floors, exposed beams, and a blend of pine and sheetrock walls that add rustic charm. Outdoor recreation is right at your doorstep with easy access to Hunter Cove for swimming, kayaking, and fishing—plus snowmobiling in winter. Mingo Springs Golf Course and several scenic hiking trails are just a mile away, and Saddleback Ski Area is only 15 minutes down the road. Located on Mingo Loop Road—part of a State Game Preserve and bordering the Stanton Bird Sanctuary—this home offers the perfect blend of privacy, nature, and convenience to make it your sanctuary.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

4/10

Construction

Condition

  • Year built: 1988

Materials

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

Type & Style

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

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Bulkhead,Interior Entry,Full,Unfinished

Bedroom1

  • Level: First

Bedroom2

  • Features: Walk-In Closet(s)
  • Level: Second

Bedroom3

  • Features: Closet
  • Level: Second

Bedrooms & Bathrooms

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

Bonus Room

  • Features: Above Garage
  • Level: Second

Features

  • 1st Floor Bedroom,Bathtub,Shower,Storage,Walk-In Closet(s)
  • Door features: Storm Door(s)
  • Flooring: Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 1,232

Heating & Cooling

  • Heating features: Forced Air,Other
  • Cooling features: None

Interior Area

  • Total structure area: 1,232
  • Total interior livable area: 1,232 sqft

Kitchen

  • Features: Eat-in Kitchen
  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: RANGM007L108002
  • Zoning: Residential

Features

  • Patio & porch: Deck
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 1.22 Acres
  • Features: Abuts Conservation,Near Country Club,Near Golf Course,Near Public Beach,Near Town,Level,Open Lot,Landscaped,Wooded

Parking

  • Total spaces: 2
  • Parking features: Gravel,1 - 4 Spaces,On Site,Off Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $2,399$28,788
Home Insurance $255$3,060
Property Taxes $493$5,916
Electricity $244$2,930
Total$3,391$40,692

Income You'd Need if You Spent...

35% on housing$116,262/yr
40% on housing$101,730/yr
45% on housing$90,426/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

$385This listing

vs Other Active Listings

Avg $/sqft

ZIP 04970$374
Franklin County$249

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
2025-09-19Price change$499,000
2025-08-14Listed for sale$529,500
2025-08-08Listing removed$532,000
2025-04-10Price change$532,000
2025-02-15Price change$537,000
2023-10-08Pending sale$489,000
2023-10-08Listed for sale$489,000
2023-10-06Sold$489,000
2023-08-11Contingent$489,000
2023-08-10Listed for sale$489,000
2023-08-10Pending sale$489,000
2023-04-22Listed for sale$489,000

For Sale by Agent

BrokerageMorton & Furbish Agency

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