Views of Mt. Washington & amazing sunsets await on this 4 acre lot which boasts privacy and quietness yet just a mile from the turnpike, golf, shopping and much more. One of the nicest lots in Gray. Driveway is in and ready for you to build your dream home. Motivated seller and willing to work with your builder or one of ours.
Vacant landProperty Type
4.05 acresLot Size
$54,443Price/Acres
Listed by Matthew Trudel• Five Star Realty
Bought with Michael Cobb• Creative Realty Group, Inc.
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Earn from this home
Sell
$174,753
Est. take-home
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Market trends in 04039, ME
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
99.2%
+0.1% MoM
Median sale price
$549K
$1K MoM
Avg. days on market
22d
0 days MoM
Recently sold homes
41
6 MoM
Provided by Redfin
Sale history for 40 Colley Hill Rd
Date
Event
Price
MREIS #1230523
Oct 13, 2015
Sold
$51,000
Jul 27, 2015
Listed
$58,900
MREIS #1123958
Mar 5, 2015
Listed
$59,900
MREIS #1064591
Sep 20, 2013
Sold
$73,000
MREIS #1070129
Aug 2, 2012
Listed
$65,000
MREIS #1044089
Mar 9, 2012
Listed
$79,000
MREIS #1044094
Mar 9, 2012
Listed
$94,000
MREIS #1029551
Sep 15, 2011
Listed
$101,000
MREIS #1029553
Sep 15, 2011
Listed
$83,000
MREIS #920899
Jan 28, 2009
Listed
$89,900
MREIS #920913
Jan 28, 2009
Listed
$110,000
Year
Property tax
Land + Additions
Assessment*
2025
$2,728 (−0.2%)
$128,100 + $153,700
$281,800
2024
$2,733 (−3.6%)
$128,100 + $153,700
$281,800
2023
$2,836 (+8.8%)
$71,500 + $115,300
$186,800
2022
$2,606 (+5.9%)
$71,500 + $115,300
$186,800
2021
$2,460 (−1.0%)
$71,500 + $96,900
$168,400
2020
$2,484
$71,500 + $96,900
$168,400
2019
$2,484 (+5.3%)
$71,500 + $96,900
$168,400
2018
$2,358 (+22.2%)
$71,500 + $96,900
$168,400
2017
$1,930 (−1.3%)
$47,400 + $59,500
$106,900
2016
$1,956 (+0.5%)
$47,400 + $59,500
$106,900
2015
$1,946
$47,400 + $59,500
$106,900
2014
$1,946 (+14.9%)
$47,400 + $59,500
$106,900
2012
$1,694
$47,350 + $59,539
$106,889
Tax history for 40 Colley Hill Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,728 (−0.2%)
$128,100 + $153,700
$281,800
2024
$2,733 (−3.6%)
$128,100 + $153,700
$281,800
2023
$2,836 (+8.8%)
$71,500 + $115,300
$186,800
2022
$2,606 (+5.9%)
$71,500 + $115,300
$186,800
2021
$2,460 (−1.0%)
$71,500 + $96,900
$168,400
2020
$2,484
$71,500 + $96,900
$168,400
2019
$2,484 (+5.3%)
$71,500 + $96,900
$168,400
2018
$2,358 (+22.2%)
$71,500 + $96,900
$168,400
2017
$1,930 (−1.3%)
$47,400 + $59,500
$106,900
2016
$1,956 (+0.5%)
$47,400 + $59,500
$106,900
2015
$1,946
$47,400 + $59,500
$106,900
2014
$1,946 (+14.9%)
$47,400 + $59,500
$106,900
2012
$1,694
$47,350 + $59,539
$106,889
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
2.35 Acres
Year renovated
1977
Sq. Ft.
984
Year built
1920
Style
Single Family Residential
County
Cumberland County
APN
16370
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
RRA
CSESOD
Rural Residential And Agriculture District
The Rural Residential and Agricultural District is located in the most rural and sparsely populated sections of the Town, and extends beyond the areas of Gray that may reasonably be serviced by public water and sewer. It is the intent of this district to encourage low density development which will enhance, reinforce and protect the rural/open space environment currently characterizing these areas of the Town and to promote Agritourism on agricultural, forested and open space land for the use and enjoyment of these lands by allowing owners or operators of land to develop and offer accommodations, food and hospitality services on lands within this zone.
Zone overlays
Commercial Solar Energy Systems Overlay District
Permitted uses
Include but are not limited to:
Agriculture
Livestock production
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Office-Other
Educational/school
Cemetery
Property details
Parking
Parking Information
Parking Features: Gravel
Exterior
Lot Information
Lot Size (Sq. Ft.): $176,418
Lot Size (Acres): 4.05
Lot Size Source: Public Records
Lot Features: Open, Level, Near Golf Course, Near Public Beach, Near Turnpike/Interstate
Road Surface Type: Paved
Zoning: RRA
Financial
Tax Information
Annual Tax Amount: $675
Tax Year: 2014
Utilities
Utility Information
Electric: Other Electric
Sewer: Private Sewer, Septic Needed
Utilities On: No
Water Source: Private, Well Needed on Site
Location
Location Information
Unparsed Address: 40 Colley Hill Road, Gray, ME 04039
Directions: Route 100 to Colley Hill Road, continue to the top, property on the left, see sign.
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 984
Stories: 2.0
Lot Size: 2.35 acres
Style: Single Family Residential
Year Built: 1920
Year Renovated: 1977
County: Cumberland County
APN: 16370
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Russell School
Public K-2 • Assigned • 0.5mi
Gray-New Gloucester Middle School
Public 5-8 • Assigned • 1.6mi
5/10
Gray-New Gloucester High School
Public 9-12 • Assigned • 1.5mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Gray, ME • 04039
Average low and high temperatures (°F)
29
13
32
13
44
26
54
36
64
47
76
56
81
62
80
56
73
50
61
41
48
32
33
17
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.2 hours in
June and 4 hours in December, placing it below the
U.S. average for solar exposure.
8.2 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$210,000 – $254,000
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