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345 Five Road, Carmel, ME, 04419

3beds
2baths
2,300sqft
$650,000
$283price/sqft
$4,670/moest. monthly cost
$186,800/yrincome needed

About This Home

Oak Grove at 345 Five Road is aptly named, sitting high on 30+ acres of gorgeous woodland made up of mature oak and pine, mostly uncut since 1959. A long, lighted, circular driveway leads to the property creating a true estate setting w/ample parking for large gatherings. Wildlife is prolific including visits from deer throughout the year, so good for the soul! Woodland trails for ATV's, hunting and more. Approx. 4 acres is beautifully manicured. Try finding 2,300 square feet of living space on one level; you'll find it a challenge but here it is, just 20 minutes to Bangor. Custom built - all wood, no particle board. The living room is enormous and has hosted gatherings of 40 people. NEED MORE SPACE? There is water, sewer, and power hookup for one RV! Lovingly maintained over the years, the home offers an excellent opportunity to add your own cosmetic updates while enjoying exceptional space, quality, and setting. BUT WAIT, THERE'S MORE: this property offers subdivision potential, adding significant future value and flexibility.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

5/10
Carmel Elementary SchoolGrades PK-41.8 mi
5/10
Caravel Middle SchoolGrades 5-82.1 mi

Construction

Condition

  • Year built: 1989

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Dryer,Refrigerator,Washer

Basement

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

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedroom3

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First

Features

  • 1st Floor Bedroom,1st Floor Primary Bedroom w/Bath,Bathtub,Pantry,Shower,Primary Bedroom w/Bath
  • Flooring: Carpet,Tile,Hardwood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,300

Heating & Cooling

  • Heating features: Baseboard,Heat Pump,Pellet Stove
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 2,300
  • Total interior livable area: 2,300 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: CARMM0011L07
  • Zoning: Residential
  • Other equipment: Generator

Features

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

Lot

  • Lot size: 30.74 Acres
  • Features: Near Town,Other,Rural,Level,Rolling Slope,Landscaped,Wooded

Parking

  • Total spaces: 2
  • Parking features: Paved,5 - 10 Spaces,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
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Ice Storm
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 $3,286$39,432
Home Insurance $295$3,540
Property Taxes $755$9,060
Electricity $334$4,011
Total$4,670$56,040

Income You'd Need if You Spent...

35% on housing$160,114/yr
40% on housing$140,100/yr
45% on housing$124,533/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

$283This listing

vs Other Active Listings

Avg $/sqft

ZIP 04419$157
Penobscot County$142

vs Homes Sold Last Month

Median $/sqft

ZIP 04419$220
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
2026-08-12Contingent$650,000
2026-07-17Listed for sale$650,000

For Sale by Agent

AgentSusan Lane
BrokerageRealty of Maine

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