affordable home

c.1940 Three Bedroom Maine Fixer Upper Reduced to $35K

OHU50K Notes   $39,000 Reduced to $35,000

Here is a three bedroom, one bath, 768-sf Maine fixer upper with an enclosed front porch, knotty pine, clawfoot tub and public water and sewer.

Agent Comments

Discover the potential of 106 Pondview Street, a fixer-upper in Limestone, Maine. This property features 3 bedrooms and 1 bathroom, offering a great opportunity to build sweat equity. The former garage has been converted into a versatile storage area, providing ample space for your needs. Located on a freshly paved road offering public utilities, this home is ready for your personal touch and vision. Whether you’re an investor or looking to create affordable living for yourself, 106 Pondview Street presents a promising canvas.

  • bed
  • bath
  • Build date 1940

 

Related: c.1900 Five Bedroom Maine Fixer Upper $40K

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

106 Pondview St, Limestone, ME 04750  $39,000 Reduced to $35,000

 

 

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Location of This Maine Fixer Upper

Limestone, Maine, is a small town located in Aroostook County, in the northern part of the state. Known for its rural setting, historical significance, and proximity to the Canadian border, Limestone offers a unique and quiet lifestyle. Here’s an overview of Limestone and its key features:

Overview of Limestone, Maine

  • Location: Limestone is situated in northeastern Maine, near the Canadian border with New Brunswick. It is about 15 miles north of Caribou and approximately 90 miles north of Presque Isle, which is the largest nearby city. The town is part of Aroostook County, the largest county in Maine, known for its agricultural land and scenic landscapes.
  • Population: Limestone is a small town with a population of around 2,000 residents. The town’s population has declined over the years, largely due to the closure of the nearby Loring Air Force Base, which once served as a major employer and economic driver for the area.
  • History: Limestone was settled in the early 19th century and was officially incorporated in 1869. The town’s name reflects the limestone deposits found in the area, which were important to its early economy. Limestone’s history is closely tied to agriculture and, later, to the establishment of Loring Air Force Base in the 1950s. The base played a significant role in the town’s development until its closure in 1994. Since then, Limestone has sought to redefine its economic base, focusing on education, agriculture, and small businesses.
  • Community and Lifestyle: Limestone offers a quiet, rural lifestyle with a strong sense of community. The town’s residents value their close-knit community and the slower pace of life that rural Maine provides. Outdoor activities are a significant part of life in Limestone, with opportunities for hiking, fishing, hunting, and snowmobiling. The town’s location near the Canadian border also fosters cross-border interactions and cultural exchanges.
  • Economy: The economy of Limestone has historically been based on agriculture, particularly potato farming, which is a major industry in Aroostook County. The closure of Loring Air Force Base had a significant impact on the local economy, leading to efforts to diversify and attract new businesses. The Loring Commerce Centre, located on the former base, now serves as an industrial park and business hub, housing a variety of enterprises, including manufacturing, renewable energy, and research and development.
  • Education: Limestone is home to the Maine School of Science and Mathematics (MSSM), a renowned public residential magnet school that attracts students from across the state and beyond. MSSM is consistently ranked among the top high schools in the United States for its focus on science, technology, engineering, and mathematics (STEM) education. The presence of MSSM brings a unique educational and cultural dynamic to the town.
  • Recreation and Attractions: Limestone’s rural setting offers plenty of outdoor recreational opportunities. The town is surrounded by forests, rivers, and farmland, making it an ideal location for activities like hiking, fishing, hunting, and snowmobiling. Aroostook State Park, located nearby in Presque Isle, offers additional opportunities for outdoor recreation, including camping, boating, and skiing. The Loring Military Heritage Center, located at the former airbase, preserves the history of Loring Air Force Base and its impact on the community.
  • Transport and Accessibility: Limestone is accessible by road, with Maine State Route 89 providing connections to nearby towns and U.S. Route 1 offering access to the broader region. The town’s remote location means that it is somewhat isolated, with the nearest commercial airport being Presque Isle International Airport, about 90 miles to the south. For more extensive air travel options, residents typically travel to Bangor International Airport, located about 200 miles away.

Pros of Limestone, Maine

  1. Rural and Scenic Environment: Limestone offers a peaceful, rural setting with beautiful natural surroundings, including forests, rivers, and farmland. The town’s location in Aroostook County provides opportunities for outdoor recreation and a close connection to nature.
  2. Strong Sense of Community: The small-town atmosphere in Limestone fosters a strong sense of community and neighborliness. Residents often know each other well, and there is a focus on local events, volunteerism, and community engagement.
  3. Maine School of Science and Mathematics (MSSM): The presence of MSSM adds a unique educational dimension to Limestone, attracting students from across the state and beyond. The school’s focus on STEM education is a significant asset to the community.
  4. Affordable Cost of Living: The cost of living in Limestone is relatively low, making it an affordable option for individuals and families seeking a rural lifestyle. Housing costs, in particular, are lower than in many other parts of the state and country.
  5. Rich Agricultural Heritage: Limestone’s history and economy are closely tied to agriculture, particularly potato farming. The town’s agricultural heritage contributes to its identity and offers opportunities for involvement in local farming and food production.

Cons of Limestone, Maine

  1. Economic Challenges: The closure of Loring Air Force Base had a significant impact on Limestone’s economy, leading to population decline and economic challenges. While efforts have been made to diversify the economy, job opportunities in certain fields may be limited.
  2. Remote Location: Limestone’s remote location in northern Maine can be both a pro and a con. While it offers a quiet, rural lifestyle, it also means that residents are somewhat isolated from major cities and amenities. Access to healthcare, shopping, and entertainment options is more limited.
  3. Harsh Winters: Like much of northern Maine, Limestone experiences long, cold winters with significant snowfall. The harsh winter weather can be challenging for residents, particularly for those unaccustomed to such conditions.
  4. Limited Public Transportation: Public transportation options in Limestone are limited, making it necessary for most residents to rely on personal vehicles for commuting and daily activities.
  5. Aging Population: Limestone, like many rural towns, has an aging population. This demographic trend can impact the availability of services, healthcare, and community activities geared toward younger residents and families.

Conclusion

Limestone, Maine, is a small, rural town with a strong sense of community, a scenic environment, and a unique educational institution in the Maine School of Science and Mathematics. While the town faces economic challenges and the drawbacks of a remote location, it offers an affordable, peaceful lifestyle for those who appreciate rural living and close-knit communities. Limestone’s agricultural heritage, natural beauty, and focus on education make it a distinctive and appealing place for those who value these qualities.

 

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