See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2477 South Arm Road, Andover, ME, 04216

1beds
--baths
192sqft
$269,000
$1,401price/sqft
$1,891/moest. monthly cost
$75,640/yrincome needed

About This Home

Have you ever imagined waking up to the water steps from your camp, with the sun rising over crystal-clear waters and golden sandy beaches at your doorstep? This is your chance to make that dream a reality on the legendary Richardson Lake—a rare and coveted opportunity that doesn't come along often. Tucked away on a spacious 7 Islands lease with room to expand, this completely remodeled camp blends modern comforts with the magic of true wilderness. Inside, the natural pine ceiling, and sheetrock, with white-washed pine on the porch create a warm, airy glow, while a propane-fired refrigerator and fully propane-served kitchen keep life simple and efficient. Completely off-grid and powered by a generator or batteries, this retreat offers the rare gift of disconnecting from the everyday and reconnecting with what matters most. Recent upgrades have elevated the property's beauty and function: a freshly resurfaced blue shale driveway, new stain on the camp's exterior, and upgraded decking invite you to step outside and breathe in the crisp mountain air. Spend your mornings gliding across the lake in a canoe, afternoons hopping from one pristine sandy beach to another in perfect solitude, and evenings gathered under an endless canopy of stars with the fire pit crackling beside you. Richardson Lake is known for its exceptional fishing, abundant wildlife, and untouched beauty—loons calling in the distance, moose wandering the shoreline, and water so clear you can see the sandy bottom. Whether you're looking for an adventurous summer getaway, a peaceful place to write your own story, or a gathering spot for family and friends, this is a place where memories are made. Don't miss your chance to own a piece of this rare and treasured lakefront paradise.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

--
Andover Elementary SchoolGrades PK-59.5 mi
4/10

Construction

Condition

  • Year built: 2022

Materials

  • Roof: Pitched,Shingle
  • Construction materials: Wood Frame,Wood Siding

Type & Style

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

Interior

Basement

  • Basement: None

Bedroom1

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 1

Features

  • Flooring: Laminate,Plank
  • 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

Other

  • Level: First

Property

Details

  • Parcel number: U173001781080083000004
  • On leased land: Yes
  • Zoning: N/A

Features

  • Patio & porch: Porch
  • Has view: Yes
  • View description: Scenic
  • On waterfront: Yes
  • Waterbody name: Richardson Lake
  • Frontage length: Waterfrontage: 25

Lot

  • Features: 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

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Winter Weather
Cold Wave
Hurricane
Landslide
Lightning

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 $1,360$16,320
Home Insurance $92$1,104
Property Taxes $195$2,340
Electricity $244$2,930
Total$1,891$22,692

Income You'd Need if You Spent...

35% on housing$64,834/yr
40% on housing$56,730/yr
45% on housing$50,426/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: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,401This listing

vs Other Active Listings

Avg $/sqft

ZIP 04216$105
Oxford County$227

vs Homes Sold Last Month

Median $/sqft

ZIP 04216
Oxford County$218

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
2026-04-04Listed for sale$325,000
2026-02-05Listing removed$325,000
2025-08-22Price change$325,000
2025-08-11Listed for sale$399,999

For Sale by Agent

AgentLiz Walker-Feeney
BrokerageKeller Williams Realty

Similar Homes