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1535 Bailey Road, Thorndike, ME, 04986

--beds
1baths
480sqft
$219,000
$456price/sqft
$1,607/moest. monthly cost
$64,280/yrincome needed

About This Home

Escape to your private retreat just 20 minutes outside Belfast! This charming off-grid cabin offers a perfect blend of rustic living and modern comfort, set against breathtaking mountain views. Surrounded by lush forests and abundant wildlife, you'll enjoy serene mornings listening to the sounds of nature. Located just a stone's throw from the Common Ground Fairgrounds and the Lost Kitchen, this property is ideal for nature lovers, outdoor enthusiasts, or those seeking a peaceful getaway. Currently operated as a successful Airbnb rental, it boasts a robust rental history, making it a smart investment. The cabin features cozy interiors with modern amenities, a solar-powered system, efficient Rinnai heater, wood stove and ample outdoor space. An excellent opportunity to live in the cabin while building your dream home nearby--creating a seamless transition from off-grid retreat to primary residence. Once your new home is complete, continue generating income from the current rental or transition to a long-term rental. Embrace sustainable living in a stunning natural setting while enjoying proximity to charming local attractions. Don't miss this rare chance to own a piece of Maine's scenic wilderness with income potential! GPS coordinates: 44°32'32.8''N 69°12'06.8''W Currently used as an Airbnb. Please do not drive up driveway without an appointment

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

1/10
Mt View Elementary SchoolGrades PK-53.4 mi
2/10
Mt View Middle SchoolGrades 6-83.4 mi
4/10
Mt View High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 2020

Materials

  • Foundation: Gravel/Pad
  • Roof: Metal
  • Construction materials: Log,Log Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Refrigerator,Tankless Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • 1st Floor Bedroom,One-Floor Living
  • Window features: Double Pane Windows
  • Flooring: Wood
  • Finished area below ground: 0
  • Finished area above ground: 480

Heating & Cooling

  • Heating features: Other,Wood Stove
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 480
  • Total interior livable area: 480 sqft

Other

  • Level: First

Property

Details

  • Parcel number: 1535Bailey RoadKnox9381
  • Zoning: R
  • Other equipment: Generator,Internet Access Available

Features

  • Patio & porch: Deck,Porch
  • Has view: Yes
  • View description: Fields,Mountain(s)

Lot

  • Lot size: 3 Acres
  • Features: Rural,Near Railroad,Open Lot,Pasture,Rolling Slope

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

  • Ice Storm
    Ice StormVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Lightning
Winter Weather
Cold Wave
Hurricane
Drought
Inland Flooding
Strong Wind
Tsunami

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 $1,107$13,284
Home Insurance $74$888
Property Taxes $182$2,184
Electricity $244$2,930
Total$1,607$19,284

Income You'd Need if You Spent...

35% on housing$55,097/yr
40% on housing$48,210/yr
45% on housing$42,853/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: 12.1%
12.1%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$456This listing

vs Other Active Listings

Avg $/sqft

ZIP 04986$146
Waldo County$256

vs Homes Sold Last Month

Median $/sqft

ZIP 04986
Waldo County$205

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
2026-07-21Price change$219,000
2026-06-10Listed for sale$229,000
2026-06-07Listing removed$229,000
2026-05-15Listed for sale$229,000
2025-11-09Listing removed$229,000
2025-09-01Price change$229,000
2025-06-12Listed for sale$239,000
2019-12-10Sold$10,500

For Sale by Agent

AgentAlicia Richardson
BrokerageRE/MAX JARET & COHN

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