16 Lovejoy Lane, Readfield, ME, 04355
About This Home
Thinking of building your new home in Readfield? This property offers 1.24 acres and shared access to Lovejoy Pond! The project has already begun- live in the 1-bedroom unit over the garage while you build your home. Foundation is 4' crawl space -54X40 with an attached 24X36 3-bay garage. See photos of exterior plan and house plans available to share. The lot offers underground utilities in the Kentwood Shores community. A shared 5-acres parcel with a short walk to enjoy the waterfront. Store your canoe or kayak and use the dock. Very nice living quarters would make a nice spot for guests. 3-bedroom septic design. Near Kents Hill and the Apple Shed for great meals, bakery items and perennials.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2021
Materials
- Foundation: Poured Concrete
- Roof: Shingle
- Construction materials: Wood Frame,Fiber Cement,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Cooktop,Dishwasher,Refrigerator
Basement
- Has basement: Yes
- Basement: Interior Entry,Crawl Space
Bedroom1
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Tile,Vinyl,Luxury Vinyl
- Finished area below ground: 0
- Finished area above ground: 864
Heating & Cooling
- Heating features: Heat Pump,Wood Stove
- Cooling features: Heat Pump
Interior Area
- Total structure area: 864
- Total interior livable area: 864 sqft
Kitchen
- Features: Eat-in Kitchen
- Level: Second
Living Room
- Features: Heat Stove
- Level: First
Property
Details
- Parcel number: RFLDM105L018
- Zoning: Rural
Features
- Has view: Yes
- View description: Trees/Woods
- On waterfront: Yes
- Waterbody name: Lovejoy
- Frontage length: Waterfrontage: 498,Waterfrontage Shared: 498
Lot
- Lot size: 1.24 Acres
- Features: Neighborhood,Rural,Level,Open Lot,Wooded
Parking
- Total spaces: 2
- Parking features: Gravel,On Site
- 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
- Ice Storm
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,870 | $22,440 |
| Home Insurance | $119 | $1,428 |
| Property Taxes | $386 | $4,632 |
| Electricity | $244 | $2,930 |
| Total | $2,619 | $31,428 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-24 | Listed for sale | $370,000 |
For Sale by Agent
View on Zillow