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M U10 L6 Loon Cove Lane, Strong, ME, 04983

1beds
--baths
192sqft
$200,000
$1,042price/sqft
$1,516/moest. monthly cost
$60,640/yrincome needed

About This Home

LAKEFRONT PROPERTY ON PORTER LAKE! Experience breathtaking views of the Western Maine foothills overlooking the crystal-clear waters of Porter Lake. Relax on your private dock with an attached deck as eagles and ospreys soar overhead, and enjoy the peace and tranquility that only lakefront living can offer. This exceptional waterfront property features just over an acre of land, providing the perfect setting to build your year-round dream home or seasonal getaway. A power pole and septic system are already in place, making it even easier to bring your vision to life. The existing camp, complete with a covered front porch and durable metal roof, offers a comfortable place to stay while you build or simply enjoy weekend escapes. A storage shed provides ample space for your boating, fishing, and outdoor recreation equipment. Conveniently located just 20 minutes from Farmington, the hub of Franklin County, you'll have easy access to shopping, dining, medical facilities, educational institutions, and everyday services. Outdoor enthusiasts will appreciate year-round recreation, including boating, fishing, swimming, kayaking, and paddling on Porter Lake. In the winter, enjoy ice fishing or take a short drive to both Sugarloaf and Saddleback Mountain Ski Resorts for some of Maine's best skiing and snowboarding. ATV and snowmobile trail systems are located just down the road, and the public boat launch is nearby for easy access to the lake. COME AND EXPLORE THE POSSIBILITIES!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

--
Strong Elementary SchoolGrades PK-82.8 mi
6/10

Construction

Condition

  • Year built: 2023

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Wood Frame,Wood Siding

Type & Style

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

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1

Features

  • Storage
  • Flooring: Wood
  • Finished area below ground: 0
  • Finished area above ground: 192

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 192
  • Total interior livable area: 192 sqft

Living Room

  • Level: First

Property

Details

  • Zoning: Shoreland
  • Other equipment: Internet Access Available

Features

  • Patio & porch: Porch
  • Has view: Yes
  • View description: Mountain(s),Scenic,Trees/Woods
  • On waterfront: Yes
  • Waterbody name: Porter Lake
  • Frontage length: Waterfrontage: 103,Waterfrontage Owned: 103

Lot

  • Lot size: 1.06 Acres
  • Features: Rural,Level,Open Lot,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

  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

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

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 $1,011$12,132
Home Insurance $97$1,164
Property Taxes $164$1,968
Electricity $244$2,930
Total$1,516$18,192

Income You'd Need if You Spent...

35% on housing$51,977/yr
40% on housing$45,480/yr
45% on housing$40,426/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

$1,042This listing

vs Other Active Listings

Avg $/sqft

ZIP 04983$107
Franklin County$252

vs Homes Sold Last Month

Median $/sqft

ZIP 04983
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)

No zestimate history available

Price History

DateEventPrice
2026-08-17Price change$185,000
2026-07-14Listed for sale$200,000
2022-09-23Sold$140,000
2022-08-22Pending sale$139,000

For Sale by Agent

AgentAndrew Hufnagel
BrokeragePalmer Realty Group

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