OFF MARKET

Off Market Feb 2025 for $479K

$691,445

•

1,506

sq ft

534 Reef Rd, Waldoboro, ME 04572

About this home

Situated at the end of the road with well-defined natural boundaries, 534 Reef Road offers 78 acres of scenic, wooded, and partially cleared land along the Medomak River. This property promises quiet seclusion, protected by undevelopable neighboring lands, ensuring lasting privacy and natural beauty. Embrace the allure of Maine's wilderness while enjoying the convenience of being just 10 minutes from downtown Waldoboro and a short drive to Rockland, Damariscotta, Thomaston, and Augusta. With approximately 40 acres enrolled in the Tree Growth Tax Program, the remaining 38 acres offer potential for development, with preliminary approval for subdivision from the town. This property invites endless possibilities—plant a garden, raise livestock, explore beekeeping, or establish a riverside campground. The 2020-built Cape-style home features 3 bedrooms and 2 baths, with a spacious upstairs master suite and an open-concept living area. Recent upgrades include a Kohler generator (installed in 2023) and Mitsubishi heat pumps (installed in 2022). Relax on the back deck and take in the abundant wildlife and breathtaking sunsets, making every evening a peaceful retreat.

Single-familyProperty Type

2020Year Built

78 acresLot Size

$459Est. Price/Sq.Ft.

1 spaceParking

Listed by Timothy {Tim} Dunham • Tim Dunham Realty

Contact: 207-729-7297

Bought with Sharon {Sherri} Dunbar • Tim Dunham Realty

Redfin checked: 2 minutes ago

•Source:MREIS #1606280

Redfin Estimate

$691,445

$211K since sold in February 2025$14K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 25.8% higher than the average sale price ($550K) of 6 comparable homes.

SOLD JUL 14, 2026
$755,000
A
4 beds3 baths2,920 sq ft
8 Simon Rd, Waldoboro, ME 04572
SOLD JUL 9, 2026
$735,000
B
4 beds2.5 baths2,688 sq ft
76 Heritage Ln, Union, ME 04862
SOLD JUL 20, 2026
$715,000
C
3 beds2.5 baths1,995 sq ft
690 Bremen Rd, Waldoboro, ME 04572
SOLD JUN 29, 2026
$299,000
D
4 beds2 baths1,568 sq ft
1364 Winslows Mills Rd, Waldoboro, ME 04572
SOLD MAY 29, 2026
$435,000
E
3 beds2.5 baths1,792 sq ft
49 Balsam Dr, Waldoboro, ME 04572
SOLD JUN 30, 2026
$360,000
F
3 beds2 baths2,184 sq ft
215 Robinson Rd, Waldoboro, ME 04572

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Market trends in 04572, ME

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

96.4%

+0.1% MoM

Median sale price

$352K

$13K MoM

Avg. days on market

72d

16 days MoM

Recently sold homes

3 MoM

New listings for sale

$549,000
3 beds3 baths2,070 sq ft
216 Robinson Rd, Waldoboro, ME 04572
$329,000
3 beds2 baths1,836 sq ft
276 Violet Ln, Waldoboro, ME 04572
$849,000
4 beds4 baths2,205 sq ft
1498 Bremen Rd, Waldoboro, ME 04572
See all

Provided by Redfin

Sale history for 534 Reef Rd

Date

Event

Price

MREIS #1606280

Feb 21, 2025

Sold

$479,999

$319/sq ft

Nov 19, 2024

Price Changed

$519,000

$345/sq ft

Oct 10, 2024

Listed

$520,000

$345/sq ft

MREIS #1606296

Nov 19, 2024

Price Changed

$949,000

$630/sq ft

Oct 10, 2024

Listed

$950,000

$631/sq ft

MREIS #1584305

Aug 24, 2024

Price Changed

$569,000

$378/sq ft

Jul 28, 2024

Price Changed

$589,000

$391/sq ft

Jul 23, 2024

Price Changed

$609,000

$404/sq ft

Jun 28, 2024

Price Changed

$659,500

$438/sq ft

Jun 12, 2024

Price Changed

$699,500

$464/sq ft

Mar 16, 2024

Listed

$739,000

$491/sq ft

MREIS #1357724

Aug 20, 2018

Sold

$100,000

$66/sq ft

Jun 24, 2018

Listed

$119,900

$80/sq ft

MREIS #1308312

May 22, 2017

Listed

$125,000

$83/sq ft

MREIS #1265109

May 20, 2016

Listed

$125,000

$83/sq ft

MREIS #1086548

Mar 5, 2015

Listed

$149,000

$99/sq ft

MREIS #1047935

Apr 9, 2012

Listed

$149,000

$99/sq ft

MREIS #942912

Jul 17, 2009

Listed

$269,000

$179/sq ft

Tax history for 534 Reef Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

55.06 Acres

Year renovated

—

Sq. Ft.

1,326

Year built

2020

Style

Vacant Land

County

Lincoln County

APN

342915

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Property details

Parking

Parking Information
Parking Features: 1 - 4 Spaces, Gravel

Interior

Virtual Tour

Bathroom Information
# of Baths (Full): 2

Room 1 Information
Type: Bedroom 3
Level: First
Features: Closet

Room 2 Information
Type: Bedroom 2
Level: First
Features: Closet

Room 3 Information
Type: Primary Bedroom
Level: Second
Features: Built-Ins, Double Vanity, Full Bath, Separate Shower, Soaking Tub, Suite, Walk-In Closet(s)

Room 4 Information
Type: Laundry
Level: First

Room 5 Information
Type: Living Room
Level: First

Room 6 Information
Type: Kitchen
Level: First
Features: Eat-In Kitchen, Kitchen Island

Basement Information
Basement Entry: Interior, Crawl Space

Interior Features
# of Rooms: 6
Interior Features: Walk-in Closets, 1st Floor Bedroom, Bathtub, One-Floor Living, Shower, Storage, Primary Bedroom w/Bath
ENERGY STAR Qualified Appliances, Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
Window Features: Double-Pane Windows
Other Equipment: Internet Access Available, Generator

Laundry Information
Laundry Features: 1st Floor Laundry, Main Level

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Pitched, Shingle
Structure Type: Modular
Total Building Area (Sq. Ft.): 1,506
Building Area Source: Measured

Exterior Features
Patio & Porch Features: Deck
Other Structures: Shed(s)

Property Information
Property Sub Type: Single Family Residence
Year Built: 2020
Above-Grade Finished Area (Sq. Ft.): 1,506
Green Energy Efficient: Thermostat, Dehumidifier

Lot Information
Lot Size (Sq. Ft.): $3,397,680
Lot Size (Acres): 78
Lot Size Source: Survey
Lot Features: Open, Level, Wooded, Near Shopping, Near Town, Rural
Road Frontage Type: Private Road
Road Surface Type: Gravel, Dirt, Paved
Zoning: LimitedRes-Shoreland

Waterfront Information
Waterfront: Yes
Water Body Name: Medomak River
Water Body Type: River

Financial

Tax Information
Annual Tax Amount: $5,509.40
Tax Year: 2025

Utilities

Utility Information
Has Heating
Heating: Zoned, Heat Pump, Forced Air, Direct Vent Furnace, Blowers
Has Cooling
Cooling: Heat Pump
Electric: Generator Hookup, Circuit Breakers
Sewer: Septic Tank, Private Sewer, Septic Design Available
Utilities: Utilities On, Pole
Utilities On: Yes
Water Source: Well, Private
Water Heater: Electric

Location

School Information
High School District: RSU 40/MSAD 40

Location Information
Unparsed Address: 534 Reef Road, Waldoboro, ME 04572

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,326
Stories: 2.0
Lot Size: 55.06 acres
Style: Vacant Land
Year Built: 2020
Year Renovated: —
County: Lincoln County
APN: 342915

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Miller School

Public PreK-6 • Assigned • 4.0mi

3/10

Medomak Middle School

Public 7-8 • Assigned • 5.1mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

9/10 Flood Factor

Estimated 80%+ chance 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

4/10 Heat Factor

7 hot days expected this year, 16 days in 30 years

Wind Factor

We're working on getting current and accurate wind risk information for this home.

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Waldoboro, ME • 04572

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 7.9 hours in June and 3.5 hours in December, placing it below the U.S. average for solar exposure.

7.9 hrs

3.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$657,000 – $796,000

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

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New listings for sale in 04572

$549,000

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216 Robinson Rd, Waldoboro, ME 04572

$329,000

3 beds2 baths1,836 sq ft

276 Violet Ln, Waldoboro, ME 04572

$849,000

4 beds4 baths2,205 sq ft

1498 Bremen Rd, Waldoboro, ME 04572

Home values near 534 Reef Rd

Data from public records.

Address	Redfin Estimate
521 Reef Rd, Waldoboro, ME 2 Beds \| 1.5 Baths \| 1208 Sq. Ft.	$288,032
433 Reef Rd, Waldoboro, ME 2 Beds \| 1 Baths \| 800 Sq. Ft.	$284,357

Address	Redfin Estimate
422 Reef Rd, Waldoboro, ME 1 Beds \| 1 Baths \| 600 Sq. Ft.	$282,464
420 Reef Rd, Waldoboro, ME 3 Beds \| 2.5 Baths \| 1509 Sq. Ft.	$267,054

Address	Redfin Estimate
475 Reef Rd, Waldoboro, ME 3 Beds \| 2 Baths \| 920 Sq. Ft.	$178,096
450 Reef Rd, Waldoboro, ME 2 Beds \| 2 Baths \| 1323 Sq. Ft.	$255,618

Property information provided by MREIS when last listed in 2024. 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 04572, ME

Sale history for 534 Reef Rd

Tax history for 534 Reef Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 04572

Home values near 534 Reef Rd

More real estate resources