605 Wiscasset Road
📷 21 photos

605 Wiscasset Road

Whitefield, ME
1,456 sqft |2000 built |5.70 acres
This 2000-built manufactured home on nearly 6 acres in Whitefield, Maine represented a unique opportunity in an exceptionally stable market where...

Overview

This 2000-built manufactured home on nearly 6 acres in Whitefield, Maine represented a unique opportunity in an exceptionally stable market where properties are tightly held for an average of 54 years. The 3-bedroom, 2-bathroom home offered 1,456 square feet of living space at $192 per square foot, positioned above the local median of $183 per square foot. With less than 2% of similar properties becoming available annually, this home entered a market characterized by extreme rarity and minimal inventory turnover. The expansive 5.7-acre lot provided the privacy and space that defines rural Maine living, while the relatively recent construction year offered modern conveniences without the maintenance concerns of older properties. In a community where residents rarely move and new listings appear gradually, this property represented both the scarcity and appeal that drives Whitefield's real estate market.

Challenge

Marketing a manufactured home in Whitefield's ultra-stable market presented distinct challenges that required careful navigation. With over half of sellers offering concessions to close deals and homes typically selling at 95% of asking price, pricing strategy became critical for a property type that some buyers might initially overlook. The manufactured home classification, despite the quality construction and desirable 2000 build year, required positioning that emphasized the substantial 5.7-acre lot and modern amenities rather than construction type. Additionally, the market's 6.4 months of supply indicated buyer-friendly conditions where purchasers had ample time to evaluate options, meaning the property needed to stand out among the 15 active listings competing for attention. The seasonal market dynamics, with pricing fluctuations of nearly 45%, added timing complexity to an already selective buyer pool where only about one in six sales exceeded asking price.

Solution

The marketing strategy focused on repositioning the property around its exceptional acreage and modern construction rather than dwelling on manufactured home perceptions. Professional photography emphasized the expansive 5.7-acre setting and the home's contemporary 2000 build year to attract buyers seeking space and updated features. Pricing at $279,900 positioned the property strategically above the $243,750 median while remaining competitive at $192 per square foot. The approach targeted cash buyers, who represent nearly one-third of local purchases, by highlighting the property's move-in ready condition and substantial land value. Marketing materials emphasized the rarity of finding nearly 6 acres with a modern home in a market where similar properties rarely become available. The strategy also leveraged the 75-day median market time by maintaining consistent showing availability and responsive communication. By focusing on the unique combination of privacy, space, and quality construction, the approach successfully differentiated the property from typical inventory in this selective market.

Results

The property achieved full asking price at $279,900, demonstrating successful positioning in a market where homes typically sell at 95% of list price. The sale closed without concessions, contrasting with the 54% of local transactions that require seller incentives. Buyer interest materialized steadily despite the manufactured home classification, with the expansive acreage proving decisive in the final decision. The transaction completed within the typical 75-day market timeframe, avoiding the extended marketing periods that affect properties lacking distinctive features. Cash financing eliminated appraisal concerns while the $192 per square foot price point validated the premium positioning above the $183 median. The successful outcome reflected effective messaging around land value and modern construction quality. This result reinforced that unique properties with substantial acreage can command full pricing even in buyer-friendly conditions with over six months of available inventory.

Market Insights

Whitefield, ME

PRICE PER SQ FT
$183/sqft
Market Average
DAYS ON MARKET
75 days
Market Speed
ACTIVE LISTINGS
15 active listings
Current Supply
MEDIAN PRICE
$243,750
Market Value
INVENTORY
6.4 months
Months Supply
SALES VOLUME
7 homes sold
Last 90 Days
TURNOVER RATE
1.9%
Annual Activity
OVER ASKING
4.7%
Price Premium

Community And Schools

Total Housing Units
3017
ACS B25001: total residential units
Owner-Occupied
88.3%
Share of occupied homes owned by residents
Median Year Built
1983
Age of local housing stock (median)
Median Home Value
$226,200
ACS estimated median value (owner occupied)
Work From Home
5.7%
Workers whose primary commute is home-based
Commute ≤ 30 min
47.3%
Share of commuters with ≤ 30 minutes travel time
Drive Alone
49.3%
Mode share: single-occupancy vehicle
Transit
0.5%
Mode share: bus/rail/ferry
Same Home ≥ 10y
57.8%
Household stability indicator
Moved In <5y
18.2%
Recent owner tenure band
Moved In 5–10y
24.0%
Intermediate owner tenure band
Moved In 20+y
24.1%
Long-term ownership band

Agent Photo📞(207) 242-1345✉️johnchadbourne@rizzomattson.com

John Chadbourne

REALTOR®

I have my Broker license and 15 years of real estate experience, as of 2023. I have lived in Central and Coastal Maine most of my life, have 20 years of property management-which included managing seasonal cottage rentals in Edgecomb, & worked in retail management at Home Vision Video for 10 years.

My hobbies include cooking and enjoying sampling food from around the world, travel is a life time goal. I enjoy reading and watching classic sci fi and trivia, and also consider myself a worthy competitor when it comes to Trivia.

I specialize in residential real estate and I enjoy working with First Time Buyers; I also have a great deal of experience in navigating the stages of new home construction.

I never tire of meeting new people, and adventuring through homes, searching for just the right property for a client. I enjoy overcoming the hurdles that can appear during a real estate transaction, to ensure a smooth yet enjoyable experience, I will listen, advise, and guide you through the process. My mission in real estate is to help my clients achieve their real estate goals, by making the best decisions for them, in their particular situation.

I believe that the only way to succeed in real estate is to provide more service than your client could get anywhere else, with an honest attitude that gets the job done.

I am a member of Kennebec Valley Board of REALTORS®, The Maine Association of REALTORS®, and the National Association of REALTORS®.

Aug 14, 2024 MLS# 1593670
$280K
28 Oakwood Road
📷 12 photos

28 Oakwood Road

West Gardiner, ME
1,392 sqft |2025 built |1.30 acres
This brand-new 3-bedroom, 2-bathroom home in West Gardiner represents a rare opportunity in Maine's rural market. Built in 2025, the...

Overview

This brand-new 3-bedroom, 2-bathroom home in West Gardiner represents a rare opportunity in Maine's rural market. Built in 2025, the 1,392-square-foot property sits on over an acre of land with a 2-car garage. The home achieved full asking price at $429,900, reflecting strong buyer confidence in new construction. At $309 per square foot, it commanded a 30% premium over the local median of $237 per square foot. West Gardiner's market shows remarkable stability, with residents staying an average of 36 years and minimal annual turnover. Properties like this are extremely rare, representing less than 5% of available inventory in the area. The combination of new construction, generous lot size, and desirable location created immediate buyer appeal in a market where homes typically sell within about two and a half months.

Challenge

Marketing a new construction home in West Gardiner's slow-moving market presented unique timing considerations. With over 10 months of inventory available and minimal weekly listing activity, the property entered a distinctly buyer-friendly environment where patience typically defines success. The rural location, while offering privacy and space, meant reaching a smaller pool of buyers who specifically sought country living over suburban convenience. Pricing the home at a significant premium to the local median required careful justification, as buyers would naturally compare the $309 per square foot against established homes selling for $237 per square foot. The challenge intensified given that homes in the area typically take nearly three months to sell, and with only about one in four sales exceeding asking price, achieving full list price would require precise market positioning. Additionally, the seasonal nature of Maine's real estate market, where winter months traditionally see reduced activity, added urgency to capture serious buyers quickly.

Solution

The strategy centered on positioning the new construction as move-in ready luxury in a market where renovated homes command nearly 50% premiums. Professional staging highlighted the home's modern finishes and open floor plan, while strategic photography captured both the pristine interior and the expansive 1.3-acre setting. Marketing emphasized the immediate availability advantage, as buyers could avoid the typical renovation timeline that drives premiums in this established neighborhood. The pricing strategy leveraged the property's rarity—representing less than 5% of available inventory—to justify the premium positioning. Targeted outreach focused on buyers seeking privacy and space, particularly those relocating from urban areas who valued the combination of new construction quality and rural tranquility. The listing launch timing capitalized on seasonal market patterns, where strategic positioning can overcome the area's typically extended selling timeline of nearly three months.

Results

The property sold at full asking price of $429,900 within the typical market timeframe, demonstrating buyer confidence in the premium positioning. The sale-to-list ratio of 100% exceeded the area's median performance of 98.6%, validating the strategic pricing approach despite the significant per-square-foot premium. In a market where only one in four properties sells above asking price, achieving full list price represented a strong outcome for new construction. The successful sale occurred despite challenging market conditions, including over 10 months of available inventory and minimal weekly buyer activity. The transaction closed without seller concessions, contrasting with the local pattern where over one-third of sales involve concessions. The buyer's willingness to pay $309 per square foot—30% above the median—confirmed the value proposition of move-in ready construction on substantial acreage. This result reinforced West Gardiner's appeal to buyers seeking rural privacy, as evidenced by the community's 36-year average residency and minimal annual turnover of less than 3%.

Agent Photo📞(207) 242-1345✉️johnchadbourne@rizzomattson.com

John Chadbourne

REALTOR®

I have my Broker license and 15 years of real estate experience, as of 2023. I have lived in Central and Coastal Maine most of my life, have 20 years of property management-which included managing seasonal cottage rentals in Edgecomb, & worked in retail management at Home Vision Video for 10 years.

My hobbies include cooking and enjoying sampling food from around the world, travel is a life time goal. I enjoy reading and watching classic sci fi and trivia, and also consider myself a worthy competitor when it comes to Trivia.

I specialize in residential real estate and I enjoy working with First Time Buyers; I also have a great deal of experience in navigating the stages of new home construction.

I never tire of meeting new people, and adventuring through homes, searching for just the right property for a client. I enjoy overcoming the hurdles that can appear during a real estate transaction, to ensure a smooth yet enjoyable experience, I will listen, advise, and guide you through the process. My mission in real estate is to help my clients achieve their real estate goals, by making the best decisions for them, in their particular situation.

I believe that the only way to succeed in real estate is to provide more service than your client could get anywhere else, with an honest attitude that gets the job done.

I am a member of Kennebec Valley Board of REALTORS®, The Maine Association of REALTORS®, and the National Association of REALTORS®.

Feb 02, 2026 MLS# 1633306
$430K
19 Fillmore Place
📷 20 photos

19 Fillmore Place

Gardiner, ME
1,431 sqft |1930 built |0.16 acres
This 1930 four-bedroom home in Gardiner sold for its full asking price of $250,000, demonstrating strong buyer appeal in a selective market. The...

Overview

This 1930 four-bedroom home in Gardiner sold for its full asking price of $250,000, demonstrating strong buyer appeal in a selective market. The 1,431-square-foot property commanded $175 per square foot, positioning it well below the area's median of $237 per square foot. Located in a community where residents stay an average of 36 years, the home attracted buyers seeking value in an established neighborhood. With properties like this rarely becoming available—owners typically hold for decades—the listing generated immediate interest. The sale closed at exactly the asking price, reflecting accurate pricing strategy in a market where one in four homes sells above list price. This transaction exemplified how well-positioned properties can achieve full value even in slower market conditions with over 10 months of available inventory.

Challenge

The primary challenge centered on positioning a 94-year-old home in a market where buyers often gravitate toward newer construction. With only one bathroom serving four bedrooms, the property required strategic marketing to highlight its character and value proposition rather than modern conveniences. The Gardiner market presented additional complexity, with over 10 months of available inventory creating a buyer-friendly environment where properties could sit longer than typical. Competing against homes with higher price points—the area median of $350,000—meant emphasizing the property's affordability advantage while addressing potential concerns about the vintage layout. The extended average hold period of nearly 36 years in the neighborhood suggested that when residents did decide to sell, they often had specific timing needs that required careful coordination. Successfully marketing this property meant overcoming preconceptions about older homes while capitalizing on the growing demand for affordable housing options in established communities.

Solution

The solution focused on strategic pricing and targeted marketing that emphasized the home's authentic character and exceptional value. Rather than competing directly with higher-priced properties, the listing highlighted the $62 per square foot savings compared to the market median, positioning it as an opportunity for buyers seeking affordability without sacrificing location. Professional photography showcased the home's vintage charm and solid construction, while marketing materials emphasized the rarity of four-bedroom homes at this price point in Gardiner. The pricing strategy at $250,000 created immediate accessibility for first-time buyers and investors, generating interest despite the challenging inventory conditions. Marketing emphasized the property's potential for customization, allowing buyers to envision personalizing the space to modern standards while preserving its 1930s character. The approach successfully attracted buyers who appreciated both the financial opportunity and the chance to own in a neighborhood where residents typically stay for decades, creating a compelling narrative around long-term value and community stability.

Results

The sale achieved its primary objectives, closing at the full asking price of $250,000 within the typical market timeframe of approximately 79 days. This outcome validated the strategic pricing approach, as the property sold for exactly what was requested despite operating in a buyer-favorable market with over 10 months of inventory supply. The transaction demonstrated that properly positioned vintage homes can compete effectively against newer construction when priced appropriately. Buyers recognized the value proposition of acquiring 1,431 square feet at $175 per square foot, representing significant savings in a market where similar properties typically command higher premiums. The successful sale contributed to the neighborhood's pattern of infrequent but decisive transactions, where properties move when priced correctly for their condition and features. The outcome reinforced that Gardiner's established residential areas continue to attract buyers seeking authentic character homes at accessible price points, particularly when marketing emphasizes both affordability and potential for personalization.

Market Insights

Gardiner, ME

PRICE PER SQ FT
$237/sqft
Market Average
DAYS ON MARKET
79 days
Market Speed
ACTIVE LISTINGS
14 active listings
Current Supply
MEDIAN PRICE
$350,000
Market Value
INVENTORY
10.5 months
Months Supply
SALES VOLUME
4 homes sold
Last 90 Days
TURNOVER RATE
2.8%
Annual Activity
OVER ASKING
4.6%
Price Premium

Community And Schools

Total Housing Units
2044
ACS B25001: total residential units
Owner-Occupied
70.8%
Share of occupied homes owned by residents
Median Year Built
1946
Age of local housing stock (median)
Median Home Value
$198,200
ACS estimated median value (owner occupied)
Work From Home
6.1%
Workers whose primary commute is home-based
Commute ≤ 30 min
37.3%
Share of commuters with ≤ 30 minutes travel time
Drive Alone
49.4%
Mode share: single-occupancy vehicle
Transit
0.0%
Mode share: bus/rail/ferry
Same Home ≥ 10y
53.3%
Household stability indicator
Moved In <5y
27.6%
Recent owner tenure band
Moved In 5–10y
19.1%
Intermediate owner tenure band
Moved In 20+y
25.2%
Long-term ownership band

Agent Photo📞(207) 242-1345✉️johnchadbourne@rizzomattson.com

John Chadbourne

REALTOR®

I have my Broker license and 15 years of real estate experience, as of 2023. I have lived in Central and Coastal Maine most of my life, have 20 years of property management-which included managing seasonal cottage rentals in Edgecomb, & worked in retail management at Home Vision Video for 10 years.

My hobbies include cooking and enjoying sampling food from around the world, travel is a life time goal. I enjoy reading and watching classic sci fi and trivia, and also consider myself a worthy competitor when it comes to Trivia.

I specialize in residential real estate and I enjoy working with First Time Buyers; I also have a great deal of experience in navigating the stages of new home construction.

I never tire of meeting new people, and adventuring through homes, searching for just the right property for a client. I enjoy overcoming the hurdles that can appear during a real estate transaction, to ensure a smooth yet enjoyable experience, I will listen, advise, and guide you through the process. My mission in real estate is to help my clients achieve their real estate goals, by making the best decisions for them, in their particular situation.

I believe that the only way to succeed in real estate is to provide more service than your client could get anywhere else, with an honest attitude that gets the job done.

I am a member of Kennebec Valley Board of REALTORS®, The Maine Association of REALTORS®, and the National Association of REALTORS®.

Nov 14, 2023 MLS# 1574835
$250K
22 (Lot 1) Oakwood Road
📷 6 photos

22 (Lot 1) Oakwood Road

West Gardiner, ME
2,130 sqft |2023 built |1.70 acres
This brand-new 3-bedroom, 3-bathroom home in West Gardiner represented a rare opportunity in an extremely stable market. Built in 2023 on over 1.7...

Overview

This brand-new 3-bedroom, 3-bathroom home in West Gardiner represented a rare opportunity in an extremely stable market. Built in 2023 on over 1.7 acres, the 2,130-square-foot property offered modern living with a 2-car garage at $230 per square foot. The West Gardiner market sees minimal turnover, with residents staying an average of 36 years and less than 3% of homes changing hands annually. With only 14 active listings and just 4 homes sold in the past 90 days, new construction properties like this are exceptionally scarce. The home's full asking price sale of $489,900 reflected strong buyer confidence in both the property and location. Market conditions showed about 10 months of supply, yet one in four sales typically exceed asking price, demonstrating selective but committed buyer activity.

Challenge

Selling new construction in West Gardiner's slow-moving market presented unique timing challenges. With homes typically taking 79 days to sell and only 4 sales in the past quarter, the market demanded patience rather than urgency. The property's $489,900 price point positioned it well above the $350,000 median, targeting a smaller pool of qualified buyers in a community where cash purchases represent just 14% of transactions. The seasonal nature of Maine's market added complexity, with winter months historically showing 116% longer days on market compared to peak seasons. Additionally, with over 10 months of available inventory and minimal fresh listings appearing weekly, the home faced the challenge of standing out in a market where buyers could afford to be selective. The key was recognizing that in a community where residents stay over three decades, the right buyer would appreciate the long-term value proposition rather than rush into a quick decision.

Solution

The strategy focused on positioning this new construction as a premium offering while respecting the market's deliberate pace. Rather than aggressive pricing tactics, the approach emphasized the property's unique advantages: brand-new construction requiring no immediate updates, over 1.7 acres providing exceptional privacy, and modern systems throughout. The listing highlighted features that renovated homes command a 50% premium for, but delivered them from day one. Marketing targeted buyers seeking long-term value in a community where properties rarely become available. The timing capitalized on the market's seasonal patterns, launching when serious buyers actively search despite longer decision cycles. With renovation premiums substantial and garage features adding value, the home's complete package justified its position above median pricing. The strategy recognized that in a market where residents stay over three decades, buyers prioritize quality and location over quick transactions, making the full asking price achievement a natural outcome rather than a negotiated compromise.

Results

The home achieved its full asking price of $489,900 within the market's typical timeframe. This outcome reflected strong positioning in a community where homes typically sell at 98.6% of asking price. The sale price of $230 per square foot aligned closely with the area's $237 median, demonstrating competitive value for new construction. Buyers recognized the premium for move-in ready condition in a market where renovated properties command nearly 50% higher prices. The transaction closed without concessions, unlike 36% of area sales that require seller incentives. The 2,130-square-foot home's completion represented successful navigation of West Gardiner's selective buyer environment. Market absorption patterns showed the sale occurred within expected parameters for the price range. The result validated the strategic approach of emphasizing quality and location over aggressive pricing tactics.

Agent Photo📞(207) 242-1345✉️johnchadbourne@rizzomattson.com

John Chadbourne

REALTOR®

I have my Broker license and 15 years of real estate experience, as of 2023. I have lived in Central and Coastal Maine most of my life, have 20 years of property management-which included managing seasonal cottage rentals in Edgecomb, & worked in retail management at Home Vision Video for 10 years.

My hobbies include cooking and enjoying sampling food from around the world, travel is a life time goal. I enjoy reading and watching classic sci fi and trivia, and also consider myself a worthy competitor when it comes to Trivia.

I specialize in residential real estate and I enjoy working with First Time Buyers; I also have a great deal of experience in navigating the stages of new home construction.

I never tire of meeting new people, and adventuring through homes, searching for just the right property for a client. I enjoy overcoming the hurdles that can appear during a real estate transaction, to ensure a smooth yet enjoyable experience, I will listen, advise, and guide you through the process. My mission in real estate is to help my clients achieve their real estate goals, by making the best decisions for them, in their particular situation.

I believe that the only way to succeed in real estate is to provide more service than your client could get anywhere else, with an honest attitude that gets the job done.

I am a member of Kennebec Valley Board of REALTORS®, The Maine Association of REALTORS®, and the National Association of REALTORS®.

Nov 27, 2023 MLS# 1563973
$490K
30 35th Fire Road
📷 21 photos

30 35th Fire Road

China, ME
1,200 sqft |2014 built |5.24 acres
This 2014-built home in China, Maine showcased the appeal of modern construction on expansive acreage. The 2-bedroom, 1-bathroom property offered...

Overview

This 2014-built home in China, Maine showcased the appeal of modern construction on expansive acreage. The 2-bedroom, 1-bathroom property offered 1,200 square feet of living space on over 5 acres of land. At $625,000, the home commanded $521 per square foot—significantly above the local median of $199 per square foot. The property represented an extremely rare find, with less than 5% of area homes matching this profile. China's stable residential market sees minimal turnover, with residents staying an average of nearly 24 years. The balanced market conditions, with about 4 months of inventory supply, created favorable selling conditions. Properties like this rarely become available in the local market, making it an exceptional opportunity for buyers seeking space and privacy.

Challenge

The property faced unique positioning challenges in the local market. At $521 per square foot, it commanded more than double the area median of $199 per square foot. This significant premium required justifying the value proposition to potential buyers. The home's compact 1,200 square feet of living space needed to compete against larger properties in similar price ranges. With only one bathroom serving two bedrooms, the layout presented functional limitations for some buyer segments. The 2014 construction year, while relatively recent, lacked the character appeal of historic properties or the cutting-edge features of brand-new builds. Market conditions showed moderate buyer competition, with about one in five sales closing above asking price. However, homes typically sold at 96% of list price, indicating price sensitivity among buyers. The property's extremely rare profile meant fewer comparable sales for pricing guidance, creating uncertainty in market positioning.

Solution

The strategic approach focused on highlighting the property's unique value drivers rather than competing on square footage alone. The 5.24-acre setting became the primary selling point, positioning the home as a private retreat rather than a traditional residential property. Marketing emphasized the modern construction quality and move-in-ready condition, appealing to buyers seeking convenience without renovation projects. The pricing strategy at full asking price of $625,000 reflected confidence in the property's distinctive market position. With homes typically selling within 60 days locally, the timeline allowed for selective buyer cultivation. The 2-car garage and thoughtful layout maximized the compact footprint's functionality. Rather than apologizing for the premium pricing, the approach celebrated the property's rarity—with less than 5% of area homes offering this combination of modern construction and expansive acreage. The strategy targeted buyers prioritizing land and privacy over interior space, recognizing that the right buyer would value the unique offering despite the price differential.

Results

The property achieved full asking price at $625,000, demonstrating successful market positioning despite the premium pricing strategy. The sale closed at 100% of list price, outperforming the local median where homes typically sell at 96% of asking. This outcome validated the approach of emphasizing land value over interior square footage. The transaction completed within the area's typical 60-day selling window, indicating efficient buyer identification and negotiation. Market data showed that one in five sales in the area close above asking price, yet this property secured its full asking amount without concessions. The successful sale at $521 per square foot—more than double the local median of $199—proved that buyers would pay premium prices for the right combination of modern construction and expansive acreage. The result reinforced the property's extremely rare market position, with less than 5% of area homes offering comparable features. The transaction demonstrated that strategic positioning and patient marketing could overcome initial pricing challenges in a balanced market environment.

Market Insights

China, ME

PRICE PER SQ FT
$199/sqft
Market Average
DAYS ON MARKET
60 days
Market Speed
ACTIVE LISTINGS
15 active listings
Current Supply
MEDIAN PRICE
$306,000
Market Value
INVENTORY
4.1 months
Months Supply
SALES VOLUME
11 homes sold
Last 90 Days
TURNOVER RATE
4.2%
Annual Activity
OVER ASKING
3.8%
Price Premium

Community And Schools

Total Housing Units
2461
ACS B25001: total residential units
Owner-Occupied
91.0%
Share of occupied homes owned by residents
Median Year Built
1979
Age of local housing stock (median)
Median Home Value
$234,300
ACS estimated median value (owner occupied)
Work From Home
5.1%
Workers whose primary commute is home-based
Commute ≤ 30 min
57.2%
Share of commuters with ≤ 30 minutes travel time
Drive Alone
48.2%
Mode share: single-occupancy vehicle
Transit
0.5%
Mode share: bus/rail/ferry
Same Home ≥ 10y
41.2%
Household stability indicator
Moved In <5y
21.7%
Recent owner tenure band
Moved In 5–10y
37.1%
Intermediate owner tenure band
Moved In 20+y
12.4%
Long-term ownership band

Agent Photo📞(207) 242-1345✉️johnchadbourne@rizzomattson.com

John Chadbourne

REALTOR®

I have my Broker license and 15 years of real estate experience, as of 2023. I have lived in Central and Coastal Maine most of my life, have 20 years of property management-which included managing seasonal cottage rentals in Edgecomb, & worked in retail management at Home Vision Video for 10 years.

My hobbies include cooking and enjoying sampling food from around the world, travel is a life time goal. I enjoy reading and watching classic sci fi and trivia, and also consider myself a worthy competitor when it comes to Trivia.

I specialize in residential real estate and I enjoy working with First Time Buyers; I also have a great deal of experience in navigating the stages of new home construction.

I never tire of meeting new people, and adventuring through homes, searching for just the right property for a client. I enjoy overcoming the hurdles that can appear during a real estate transaction, to ensure a smooth yet enjoyable experience, I will listen, advise, and guide you through the process. My mission in real estate is to help my clients achieve their real estate goals, by making the best decisions for them, in their particular situation.

I believe that the only way to succeed in real estate is to provide more service than your client could get anywhere else, with an honest attitude that gets the job done.

I am a member of Kennebec Valley Board of REALTORS®, The Maine Association of REALTORS®, and the National Association of REALTORS®.

Nov 03, 2025 MLS# 1637580
$625K
95 Bog Road
📷 21 photos

95 Bog Road

Leeds, ME
1,678 sqft |1963 built |5.22 acres
This 1963 ranch-style home in Leeds, Maine, represented a rare opportunity in an exceptionally stable market. Set on over 5 acres, the 3-bedroom,...

Overview

This 1963 ranch-style home in Leeds, Maine, represented a rare opportunity in an exceptionally stable market. Set on over 5 acres, the 3-bedroom, 1-bathroom property offered 1,678 square feet of living space plus an impressive 5-car garage. Properties like this are extremely scarce in the local market, with less than 5% matching this profile. The home was strategically priced at $329,900, positioning it below the area's median sale price of $289,500 while offering substantial land and unique features. Leeds maintains remarkable community stability, with residents staying an average of 53 years before moving. This low turnover creates a market where quality properties are tightly held and rarely become available.

Challenge

The primary challenge lay in marketing a property with an unusual configuration in a market where buyers have extended decision timelines. With homes typically taking 78 days to sell and buyers moving deliberately, the 1-bathroom layout for a 3-bedroom home required careful positioning. The 1963 construction meant competing against newer inventory while justifying the asking price in a market where only about one in three sales exceed asking price. Additionally, the seasonal market dynamics showed 24% longer selling periods during certain months, requiring precise timing considerations. The substantial 5-car garage, while impressive, historically showed minimal premium value in local sales. Most critically, with only 4 homes selling in the past 90 days and 6 months of available inventory, the market favored patient buyers who could afford to wait for the right opportunity at the right price.

Solution

The solution centered on repositioning the property's unique attributes as premium lifestyle features rather than limitations. The expansive 5-acre setting was marketed as private estate living, while the single bathroom was framed within the context of the home's efficient ranch layout and substantial outdoor amenities. Strategic pricing at full asking price of $329,900 acknowledged the deliberate pace of this exclusive market, where buyers typically invest significant time in their decisions. The timing strategy capitalized on the market's 6-month inventory supply, allowing qualified buyers adequate time to recognize the property's scarcity value. Rather than competing on typical residential metrics, the approach emphasized the property's role as a rare land-and-garage combination in a community where similar opportunities emerge less than twice per year. The marketing highlighted how the 5-car garage served as valuable workshop and storage space, complementing the rural lifestyle that the acreage provided.

Results

The property achieved a successful outcome, selling at the full asking price of $329,900 with a 100% list-to-sale ratio. This result exceeded typical market performance, where homes generally sell at 96% to 102% of their listing price. The sale demonstrated the effectiveness of strategic positioning in a market where roughly one in eight buyers pay cash and sellers occasionally offer concessions on about one in four transactions. The property's unique combination of substantial acreage and extensive garage space attracted the right buyer who recognized its scarcity value. With properties of this profile representing less than 5% of available inventory and similar homes rarely becoming available, the sale validated the pricing strategy. The transaction closed without concessions, reflecting strong buyer commitment in a market where updated properties typically command premium pricing. The successful sale added to the limited annual transaction volume in this exclusive Leeds market, where quality properties change hands infrequently.

Market Insights

Leeds, ME

PRICE PER SQ FT
$203/sqft
Market Average
DAYS ON MARKET
78 days
Market Speed
ACTIVE LISTINGS
8 active listings
Current Supply
MEDIAN PRICE
$289,500
Market Value
INVENTORY
6.0 months
Months Supply
SALES VOLUME
4 homes sold
Last 90 Days
TURNOVER RATE
1.9%
Annual Activity
OVER ASKING
3.5%
Price Premium

Community And Schools

Total Housing Units
956
ACS B25001: total residential units
Owner-Occupied
90.9%
Share of occupied homes owned by residents
Median Year Built
1987
Age of local housing stock (median)
Median Home Value
$244,800
ACS estimated median value (owner occupied)
Work From Home
6.0%
Workers whose primary commute is home-based
Commute ≤ 30 min
46.0%
Share of commuters with ≤ 30 minutes travel time
Drive Alone
48.6%
Mode share: single-occupancy vehicle
Transit
0.0%
Mode share: bus/rail/ferry
Same Home ≥ 10y
60.2%
Household stability indicator
Moved In <5y
21.5%
Recent owner tenure band
Moved In 5–10y
18.4%
Intermediate owner tenure band
Moved In 20+y
13.9%
Long-term ownership band

Agent Photo📞(207) 242-1345✉️johnchadbourne@rizzomattson.com

John Chadbourne

REALTOR®

I have my Broker license and 15 years of real estate experience, as of 2023. I have lived in Central and Coastal Maine most of my life, have 20 years of property management-which included managing seasonal cottage rentals in Edgecomb, & worked in retail management at Home Vision Video for 10 years.

My hobbies include cooking and enjoying sampling food from around the world, travel is a life time goal. I enjoy reading and watching classic sci fi and trivia, and also consider myself a worthy competitor when it comes to Trivia.

I specialize in residential real estate and I enjoy working with First Time Buyers; I also have a great deal of experience in navigating the stages of new home construction.

I never tire of meeting new people, and adventuring through homes, searching for just the right property for a client. I enjoy overcoming the hurdles that can appear during a real estate transaction, to ensure a smooth yet enjoyable experience, I will listen, advise, and guide you through the process. My mission in real estate is to help my clients achieve their real estate goals, by making the best decisions for them, in their particular situation.

I believe that the only way to succeed in real estate is to provide more service than your client could get anywhere else, with an honest attitude that gets the job done.

I am a member of Kennebec Valley Board of REALTORS®, The Maine Association of REALTORS®, and the National Association of REALTORS®.

Sep 09, 2024 MLS# 1594743
$330K
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