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40 Spring Road, Rangeley, ME, 04970

3beds
3baths
2,400sqft
$1,250,000
$521price/sqft
$8,373/moest. monthly cost
$334,920/yrincome needed

About This Home

SPRING ROAD - The perfect location! ATV and SNOWMOBILE from your doorstep and enjoy this AMAZING home with breathtaking views of Haley Pond. Walk to all towns amenities including the town beach, boat launch and area restaurants! This home is gorgeous with 3 beds, 3 baths, custom finishes and modern wide open layout and vaulted ceilings. Fully finished lower level with another large living area and walkout access to a patio and firepit area. Great detached 2 car garage that is fully insulated and HEATED... plus, room above is framed out and ready to be finished. Wood floors, tile baths, great laundry room, quality throughout... a must see for any serious buyer. Call Today for a private showing, you won't be disappointed!

Getting Around

23
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

4/10

Construction

Condition

  • Year built: 2021

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Gas Range,Refrigerator,Washer

Basement

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

Bedroom1

  • Level: First

Bedroom2

  • Level: Second

Bedroom3

  • Level: Basement

Bedrooms & Bathrooms

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

Bonus Room

  • Level: Basement

Features

  • 1st Floor Bedroom
  • Window features: Double Pane Windows
  • Flooring: Tile,Wood
  • Finished area below ground: 960
  • Finished area above ground: 1,440

Heating & Cooling

  • Heating features: Radiant
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 2,400
  • Total interior livable area: 2,400 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Zoning: Residential

Features

  • Patio & porch: Porch
  • Has view: Yes
  • View description: Mountain(s),Scenic,Trees/Woods
  • Waterbody name: Haley Pond

Lot

  • Lot size: 2.78 Acres
  • Features: Open Lot,Rolling Slope

Parking

  • Total spaces: 2
  • Parking features: Gravel,5 - 10 Spaces
  • 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
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Lightning
Hurricane
Inland Flooding
Ice Storm
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 $6,320$75,840
Home Insurance $674$8,088
Property Taxes $1,031$12,372
Electricity $348$4,186
Total$8,373$100,476

Income You'd Need if You Spent...

35% on housing$287,074/yr
40% on housing$251,190/yr
45% on housing$223,280/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

$521This listing

vs Other Active Listings

Avg $/sqft

ZIP 04970$357
Franklin County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 04970
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
2025-06-10Listed for sale$1,300,000

For Sale by Agent

AgentMorton & Furbish Agency
BrokerageMorton & Furbish Agency

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