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168 Pittsfield Avenue, Palmyra, ME, 04965

2beds
1baths
952sqft
$245,000
$257price/sqft
$1,819/moest. monthly cost
$72,760/yrincome needed

About This Home

Affordable waterfront property! Situated on 10 acres with approximately 600 feet of frontage on the Sebasticook River, this unique property offers the perfect blend of outdoor recreation and comfortable living. The open-concept, one-floor home feature two bedrooms and one full bath, making it an ideal year-round residence, hunting retreat, or vacation getaway. Enjoy fishing, kayaking, wildlife watching, and relaxing by the water from your own private dock, with a separate driveway leading right to the River! The property also includes a hunting camp, providing additional space for guests hobbies, or outdoor adventures. With low property taxes of approximately $800 per year, this is an opportunity to own a sizeable waterfront property without breaking the budget. Come experience the beauty of Maine living along the Sebasticook River. Property is being sold as is regarding the septic system. Septic design and replacement quote available upon request.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

3/10
3/10
5/10

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Pillar/Post/Pier
  • 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: Dryer,Microwave,Electric Range,Refrigerator,Washer

Basement

  • Basement: Crawl Space

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First

Features

  • 1st Floor Bedroom,Bathtub
  • Window features: Double Pane Windows
  • Flooring: Laminate,Other
  • Finished area below ground: 0
  • Finished area above ground: 952

Heating & Cooling

  • Heating features: Heat Pump,Wood Stove
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 952
  • Total interior livable area: 952 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Accessibility

  • Accessibility features: 32 - 36 Inch Doors

Details

  • Parcel number: PALAM015B020
  • Zoning: Residential

Features

  • Patio & porch: Deck
  • Has view: Yes
  • View description: Trees/Woods
  • On waterfront: Yes
  • Waterbody name: Sebasticook River
  • Frontage length: Waterfrontage: 595

Lot

  • Lot size: 10 Acres
  • Features: Near Town,Level,Rolling Slope,Wooded

Parking

  • Parking features: Gravel,1 - 4 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
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Drought
    DroughtModerate
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Ice Storm
Lightning
Drought
Hurricane
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 $1,238$14,856
Home Insurance $124$1,488
Property Taxes $213$2,556
Electricity $244$2,930
Total$1,819$21,828

Income You'd Need if You Spent...

35% on housing$62,365/yr
40% on housing$54,570/yr
45% on housing$48,506/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: 10.9%
10.9%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -3.0%
-3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$257This listing

vs Other Active Listings

Avg $/sqft

ZIP 04965$192
Somerset County$140

vs Homes Sold Last Month

Median $/sqft

ZIP 04965
Somerset County$148

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
2026-08-17Price change$230,000
2026-07-22Price change$245,000
2026-06-25Listed for sale$252,000
2015-08-31Sold$14,000

For Sale by Agent

BrokerageRE/MAX Infinity

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