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$289,000

PE021 01 Unit T1 R8 Wels, ME 04462

2 beds
1 full
720 sqft
0.5 acres
House

Property details

About PE021 01 Unit T1 R8

A Rare Slice of Maine Paradise - Private Island on Millinocket Lake Discover a once-in-a-lifetime opportunity to own a half-acre private island on the pristine waters of Millinocket Lake, featuring a charming two-bedroom cabin, a small secluded beach area, and unmatched, panoramic views of Mount Katahdin—Maine's tallest and most iconic peak. This historic island served as part of the support grounds for the nearby Frederic Church parcel, ''Rhodora'', and carries with it a quiet legacy that echoes the spirit of Maine's rugged beauty and artistic heritage. Perfectly situated just a short boat ride from the mainland, you're conveniently close to NEOC (New England Outdoor Center) and a variety of popular local restaurants and outfitters, giving you the ideal balance of privacy and accessibility. The rustic cabin offers the essentials for lakeside living, with unspoiled natural surroundings, crystal-clear water for swimming, kayaking, or fishing, and a straight-on view of Katahdin that simply takes your breath away. Whether you're looking for a personal retreat, a rental investment, or a connection to one of Maine's most scenic and storied landscapes, this island is a rare and extraordinary find. Don't miss the chance to own your own private island in the heart of Maine's wilderness.

Highlights

Home typeSingle Family Residence
HeatingWood Stove
StatusActive
Size720 sqft
Lot size0.5 Acres
Year built1955
ParkingNo Parking, No Driveway
MLS #1629165

Summary

  • Full Bathrooms: 1
  • Basement: No
  • Flooring Type: Wood
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Parking: No Parking, No Driveway
  • Architectural Style: Ranch
  • Heating: Wood Stove
  • Cooling: None
  • List Price: $289,000
  • HOA Amount: $120 Annually
  • Lot: Wooded
  • Year Built: 1955
  • Living Area: 720 SqFt
  • Lot Size: 0.5 Acres
  • MLS Number: 1629165
  • MLS Name: Maine Listings
  • Office Name: North Woods Real Estate, LLC
  • Office Phone: (207) 723-9086
  • Office Email: NWRE@myfairpoint.net

IDXDisclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 1:40:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

3

Fisher-Mitchell School

Public District 3-5

4.4 mi

597 High St

6

Bowdoinham Community School

Public District KG-5

7.3 mi

23 Cemetery Rd

2

Marcia Buker Elementary School

Public District PK-5

9.0 mi

28 High St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $50,365. The majority of Wels, ME residents have income between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

35%
<35k
54%
35k-100k
10%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

34%
Single, No Kids
8%
Single, with Kids
39%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
14%
18-34 yrs old
48%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • HuntingHunting
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Bass Pro ShopsBass Pro Shops
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About PE021 01 Unit T1 R8

The listing price of PE021 01 Unit T1 R8 property is $289,000.

The property PE021 01 Unit T1 R8 is a house located in Wels, Maine, 04462.

Active Listing: PE021 01 Unit T1 R8 is Active, which means the seller is accepting offers.

The nearby schools for PE021 01 Unit T1 R8 are: Fisher-Mitchell School (GreatSchools Rating 3/10), Bowdoinham Community School (GreatSchools Rating 6/10), Marcia Buker Elementary School (GreatSchools Rating 2/10), Woolwich Central School (GreatSchools Rating 6/10), Bath Middle School (GreatSchools Rating 5/10), Richmond Middle School (GreatSchools Rating 4/10), Morse High School (GreatSchools Rating 5/10), Wiscasset Middle/High School (GreatSchools Rating 2/10), Harpswell Coastal Academy Divisions 2 and 3 (GreatSchools Rating 3/10).

The property at PE021 01 Unit T1 R8 has 2 bedrooms and 1 bathroom.

The property PE021 01 Unit T1 R8 is 720 SqFt (source: MLS/tax record).

The year of construction for PE021 01 Unit T1 R8 is 1955.

This home is located at PE021 01 Unit T1 R8 in Wels, ME and zip code 04579. This 720 square foot home, which was built in 1955, sits on a 0.50 acre lot. Features: 2 bedrooms, 1 bathroom. It is currently priced at $289,000.

From Rocket Homes Real Estate and based on county public records data.

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