Movoto Real Estate
Sold on 02/21/2025
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534 Reef Rd, Waldoboro, ME 04572

$427,759

Last sold 02/21/2025 for $479K

  • 3

    bed

  • 2

    bath

  • 1,506

    Sqft ($319/Sqft)

House not for sale

About 534 Reef Rd

Property type House
Year built 2020
HOA fee $0/month
Lot size 78 Acre
Movoto estimate
Property description
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.
Listed by
Listing Agent - Timothy Dunham
Listing Agent Contact: 207-729-7297
Listing Office - Tim Dunham Realty
Source: MREIS mls logo
MLS#1606280 • last updated 7 months ago
Movoto checked MREIS for data 33 minutes ago
Overview
Heating Blowers, Direct Vent Furnace, Forced Air, Heat Pump, Zoned
Levels/Style Cape Cod
MLS # 1606280
Virtual Tour N/A
SqFt 1506
Status Closed
Lot Size (Acres) 78
Lot Size (Sqft) 3397680
Property Tax 5509.4
Year Built 2020
Interior
Total # of Bathrooms 2
# Full Baths 2
# Bedrooms 3
Total # of Rooms 6
Flooring Other
Window Features Double Pane Windows
Exterior
Patio/ Porch Deck
Other Structures Shed(s)
Amenities / Utilities
Water Source Private, Well
Location
Body of Water Medomak River
High School District RSU 40/MSAD 40
Zoning LimitedRes-Shoreland
$427K
Range: $384K-$470K
Last 30 days 
  • Feb 2025
    mls logo MLS # 1606280
  • Feb 25, 2025 Sold
    $479,999 (-7.5%)
  • Jan 23, 2025 Pending
    —
  • Nov 19, 2024 Price Change
    $519,000 (-0.2%)
  • Oct 9, 2024 Coming Soon
    $520,000 (+0.2%)
  • Oct 7, 2024 Listed
    $519,000 (-8.8%)
  • Oct 2024
    mls logo MLS # 1584305
  • Oct 2, 2024 Canceled
    —
  • Aug 24, 2024 Price Change
    $569,000 (-3.4%)
  • Jul 28, 2024 Price Change
    $589,000 (-3.3%)
  • Jul 23, 2024 Price Change
    $609,000 (-7.7%)
  • Jun 28, 2024 Price Change
    $659,500 (-5.7%)
  • Jun 12, 2024 Price Change
    $699,500 (-5.3%)
  • Mar 16, 2024 Listed
    $739,000 (+639.0%)
  • Aug 2018
    mls logo MLS # 1357724
  • Aug 22, 2018 Sold
    $100,000 (-16.6%)
  • Aug 5, 2018 Pending
    —
  • Jun 24, 2018 Listed
    $119,900 (-4.1%)
  • Jun 2018
    mls logo MLS # 1308312
  • Jun 19, 2018 Expired
    —
  • May 22, 2017 Listed
    $125,000
  • May 18, 2017 Listed
    $125,000
  • May 2017
    mls logo MLS # 1265109
  • May 19, 2017 Expired
    —
  • May 18, 2016 Listed
    $125,000 (-16.1%)
  • Apr 2015
    mls logo MLS # 1086548
  • Apr 8, 2015 Expired
    —
  • Apr 9, 2013 Listed
    $149,000
  • Oct 2012
    mls logo MLS # 1047935
  • Oct 9, 2012 Expired
    —
  • Apr 9, 2012 Listed
    $149,000 (-44.6%)
  • Jul 2010
    mls logo MLS # 942912
  • Jul 17, 2010 Expired
    —
  • Jul 17, 2009 Listed
    $269,000
  • Year Property taxes Tax assessment
  • 2025
    $5,239 -4.9%
    $354,000 +8.59%
  • 2024
    $5,509 +13.2%
    $326,000 +4.49%
  • 2023
    $4,867 +14.4%
    $312,000 +2.63%
  • 2022
    $4,256 +22.5%
    $304,000 +57.51%
  • 2021
    $3,474 +96.8%
    $193,000 +98.97%
  • 2020
    $1,765
    $97,000
  • 2019
    $1,765 +2.8%
    $97,000
  • 2018
    $1,717 +5.3%
    $97,000
  • 2017
    $1,630 +3.8%
    $97,000
  • 2016
    $1,571 +5.9%
    $97,000
  • 2015
    $1,484
    —
  • 534 Reef Rd
    $479K
  • —
  • 04572
    $349K -10% y/y
  • Waldoboro
    $382K -19% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
532 Reef Rd, Waldoboro, ME 04572 $506,000 2/1 1,240 0.2
512 Reef Rd, Waldoboro, ME 04572 $307,000 3/2 1,242 0.23
553 Reef Rd, Waldoboro, ME 04572 $204,000 3/1 1,344 0.26
422 Reef Rd, Waldoboro, ME 04572 $196,000 1/1 600 0.28
493 Reef Rd, Waldoboro, ME 04572 $144,000 3/1 768 0.3
450 Reef Rd, Waldoboro, ME 04572 $284,000 2/2 1,323 0.3
452 Reef Rd, Waldoboro, ME 04572 $364,000 2/2 1,050 0.3
521 Reef Rd, Waldoboro, ME 04572 $368,000 2/1 1,596 0.3

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

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