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018-019 Bear Lane, Rumford, ME, 04276

1beds
--baths
264sqft
$299,000
$1,133price/sqft
$2,078/moest. monthly cost
$83,120/yrincome needed

About This Home

Just over 63 acres in the Red Hill Road Association, this is an off-grid community with approximately 7 1/2 miles of roads, The property consist of two separate parcels. The building envelope has been taken out of tree growth already. A new driveway has been roughed in almost to the top of the lot with amazing views of the Presidential range and local foothills as well as the Androscoggin River. This property offers direct access to Trail 12 and ITS 82. There is a gated entrance with a deeded parking lot at the base of the mountain for seasonal vehicle usage. Seller is open to all options and could break the property up.

Getting Around

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

Schools

2/10
Rumford Elementary SchoolGrades PK-43.5 mi
1/10
3/10

Construction

Condition

  • Year built: 2018

Materials

  • Foundation: Gravel/Pad
  • Roof: Pitched,Shingle
  • Construction materials: Wood Frame,Wood Siding

Type & Style

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

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1

Den

  • Level: First

Dining Room

  • Level: First

Features

  • 1st Floor Bedroom
  • Window features: Double Pane Windows
  • Flooring: Wood
  • Finished area below ground: 0
  • Finished area above ground: 264

Heating & Cooling

  • Heating features: Wood Stove
  • Cooling features: None

Interior Area

  • Total structure area: 264
  • Total interior livable area: 264 sqft

Property

Details

  • Zoning: Shoreland

Features

  • Patio & porch: Screened
  • Has view: Yes
  • View description: Mountain(s),Scenic,Trees/Woods
  • On waterfront: Yes
  • Waterbody name: BROOK
  • Frontage length: Waterfrontage: 3700,Waterfrontage Owned: 3700

Lot

  • Lot size: 63 Acres
  • Features: Other,Right of Way,Rolling Slope,Wooded

Parking

  • Parking features: Gravel,11 - 20 Spaces,On Site

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
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Lightning
Hurricane
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 $1,511$18,132
Home Insurance $107$1,284
Property Taxes $216$2,592
Electricity $244$2,930
Total$2,078$24,936

Income You'd Need if You Spent...

35% on housing$71,245/yr
40% on housing$62,340/yr
45% on housing$55,413/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

$1,133This listing

vs Other Active Listings

Avg $/sqft

ZIP 04276$91
Oxford County$226

vs Homes Sold Last Month

Median $/sqft

ZIP 04276
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)

Price History

DateEventPrice
2025-10-26Price change$399,000
2025-10-06Listed for sale$429,000

For Sale by Agent

AgentDenis Dufour
BrokerageBerkshire Hathaway HomeServices Northeast Real Estate

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