OFF MARKET

Off Market Aug 2018 for $142K

$311,879

•

400

sq ft

3 Terrace Way, Rangeley Plt, ME 04970

About this home

Cabin # 3 at the Rangeley Terraces. Great opportunity to own property on beautiful Rangeley Lake at an affordable price! Enjoy all the joys of lake life! Rangeley Lake. 2 BR, 1 BA cabin. Large deck. Conveying a corporation share of the well-run Rangeley Terraces LLC. Yearly assn fee/$2800 pays for taxes, insurance, grounds maintenance, internet, electric. Westerly sunsets, fire pits, 3 docks, 360' of lake front, private mooring. Great swimming & fishing. Be on the big lake at a small cost. Adorable, cozy cabin. A very sweet camp! Cottage community of 7 cabins. Great rental history. New roof & windows. Currently 3 season use but could be converted to year-round. Beautiful docks, shared boathouse and grounds. No maintenance. Hot water on demand. Yearly fees cover all expenses! Cute as a button!!! Outstanding cabin! Spectacular view. Priced to sell. Call today for a showing.

Single-familyProperty Type

1950Year Built

1.6 acresLot Size

$780Est. Price/Sq.Ft.

Listed by Carolyn Smith • Morton & Furbish Agency

Bought with Carolyn Smith • Morton & Furbish Agency

Redfin checked: 3 minutes ago

•Source:MREIS #1361164

Redfin Estimate

$311,879

$169K since sold in August 2018$7,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 28% lower than the average sale price ($433K) of 6 comparable homes.

SOLD JUL 14, 2026
$265,000
A
2 beds1 bath900 sq ft
537 Dallas Hill Rd, Dallas Plantation, ME 04970
SOLD MAY 29, 2026
$315,000
B
2 beds1 bath880 sq ft
92 Birds Eye Rd, Rangeley Plantation, ME 04970
SOLD SEP 2, 2026
$242,500
C
2 beds1 bath864 sq ft
150 Birds Eye Rd, Rangeley, ME 04970
SOLD AUG 4, 2026
$1,100,000
D
3 beds1 bath960 sq ft
62 Hernborg Rd, Rangeley, ME 04970
SOLD AUG 19, 2026
$430,000
E
1 bed1 bath504 sq ft
16 Deans Way, Dallas, ME 04970
SOLD AUG 28, 2026
$245,000
F
1 bed1 bath576 sq ft
16 Pass Rd, Eustis, ME 04936

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 04970, ME

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

96.0%

0.6% MoM

Median sale price

$455K

$45K MoM

Avg. days on market

62d

23 days MoM

Recently sold homes

11 MoM

New listings for sale

$629,000
3 beds2.5 baths2,508 sq ft
61 Pleasant St, Rangeley, ME 04970
$329,000
3 beds1 bath1,190 sq ft
94 Stratton Brook Rd, Rangeley, ME 04982
$499,000
2 beds2 baths1,056 sq ft
8 Field Way, Rangeley, ME 04970
3D WALKTHROUGH
$1,650,000
4 beds3.5 baths3,200 sq ft
99 Switzer Rd, Dallas Plantation, ME 04970
3D WALKTHROUGH
$729,000
3 beds2 baths2,338 sq ft
71 Proctor Rd, Rangeley, ME 04970
3D WALKTHROUGH
$745,000
3 beds3 baths2,446 sq ft
49 Field Way, Rangeley, ME 04970
3D WALKTHROUGH
$689,000
2 beds2 baths1,708 sq ft
19 Curley Rd, Rangeley Plt, ME 04970
See all

Provided by Redfin

Sale history for 3 Terrace Way

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Franklin County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Dec 13, 2023.

Property details

Parking

Parking Information
Parking Features: Gravel, Common, On Site, Off Street

Interior

Bathroom Information
# of Baths (Full): 1

Room 1 Information
Type: Living Room
Level: First

Room 2 Information
Type: Primary Bedroom
Level: First

Room 3 Information
Type: Bedroom 1
Level: First

Room 4 Information
Type: Kitchen
Level: First

Room 5 Information
Type: Dining Room
Level: First

Interior Features
# of Rooms: 4
Interior Features: 1st Floor Bedroom
Refrigerator, Microwave, Gas Range
Flooring: Wood, Vinyl
Other Equipment: DSL

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
Construction Materials: Wood Siding, Wood Frame
Foundation Details: Pillar/Post/Pier
Roof: Shingle
Total Building Area (Sq. Ft.): 400
Building Area Source: Measured (ANSI)

Exterior Features
Patio & Porch Features: Deck

Property Information
Property Sub Type: Single Family Residence
Year Built: 1950
Above-Grade Finished Area (Sq. Ft.): 400

Lot Information
Lot Size (Sq. Ft.): $69,696
Lot Size (Acres): 1.6
Lot Size Source: Survey
Lot Features: Well Landscaped, Rolling/Sloping, Open, Near Golf Course, Near Shopping, Rural, Ski Resort
Road Surface Type: Paved
Zoning: shoreland

Waterfront Information
Waterfront: Yes
Water Body Name: Rangeley
Water Body Type: Lake
Water View: Yes

Subdivision Information
Subdivision Name: Rangeley Terraces LLC

Financial

Tax Information
Annual Tax Amount: $560
Tax Year: 2016

Utilities

Utility Information
Has Heating
Heating: Direct Vent Heater
Electric: Circuit Breakers
Sewer: Private Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: On Demand

Location

HOA Information
Has Association
Association Fee: $2,700
Association Fee Frequency: Annually
Pets Allowed: Other Restrictions

Location Information
Unparsed Address: 3 Terrace Way, Rangeley Plt, ME 04970
Directions: From Rangeley, Go south on RT4 for 2.5 miles. Look for Terraces sign on right. when in the parking lot, cabin is first one on the right when looking at the 3 cabins below.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Franklin County
APN: —

Home facts updated by county records on Dec 13, 2023

Around this home

Schools

Some nearby schools may not be within this home's attendance zone. Please check the Regional School Unit 78 website to verify.

Rangeley Lakes Regional School

Public PreK-12 • 2.9mi

4/10

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

1/10 Heat Factor

8 days above 84° expected this year, 18 days in 30 years

3/10 Wind Factor

6% 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

Rangeley Plt, ME • 04970

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 6.9 hours in June and 2.3 hours in December, placing it below the U.S. average for solar exposure.

6.9 hrs

2.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$297,000 – $359,000

Sell confidently with a local market expert in Rangeley Plt. 3 minutes to get started.

Nearby similar homes

$45,000

2 beds1 bath864 sq ft

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3 beds1 bath1,656 sq ft

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New listings for sale in 04970

$629,000

3 beds2.5 baths2,508 sq ft

61 Pleasant St, Rangeley, ME 04970

$329,000

3 beds1 bath1,190 sq ft

94 Stratton Brook Rd, Rangeley, ME 04982

$499,000

2 beds2 baths1,056 sq ft

8 Field Way, Rangeley, ME 04970

3D WALKTHROUGH

$1,650,000

4 beds3.5 baths3,200 sq ft

99 Switzer Rd, Dallas Plantation, ME 04970

3D WALKTHROUGH

$729,000

3 beds2 baths2,338 sq ft

71 Proctor Rd, Rangeley, ME 04970

3D WALKTHROUGH

$745,000

3 beds3 baths2,446 sq ft

49 Field Way, Rangeley, ME 04970

3D WALKTHROUGH

$689,000

2 beds2 baths1,708 sq ft

19 Curley Rd, Rangeley Plt, ME 04970

Home values near 3 Terrace Way

Data from public records.

Address	Redfin Estimate
1 Terrace WAY, Rangeley Plt, ME 2 Beds \| 1 Baths \| 396 Sq. Ft.	$311,287
61 Winston Road, -, ME 2 Beds \| 2 Baths \| 1296 Sq. Ft.	$484,829

Address	Redfin Estimate
11 Terrace Way Unit 6, Rangeley, ME 2 Beds \| 1 Baths \| 500 Sq. Ft.	$334,799
55 Winston Road, -, ME 2 Beds \| 1 Baths \| 768 Sq. Ft.	$408,201

Address	Redfin Estimate
85 Winston Road, -, ME 3 Beds \| 3 Baths \| 2720 Sq. Ft.	$782,359
1969 Main Street, Rangeley, ME 3 Beds \| 2 Baths \| 2016 Sq. Ft.	$469,889

Property information provided by MREIS when last listed in 2018. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 04970, ME

Sale history for 3 Terrace Way

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 04970

Home values near 3 Terrace Way

More real estate resources