About This Home

This 4-bedroom, 1-bathroom single family at 421 Penobscot Avenue in Millinocket, ME is listed for $140,000 ($93 per sqft). Built in 1920, the home offers 1,510 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1920
  • 0.11 acre lot

Property Details

1 full
1-car garage
1920
Listing Description

Bring your vision and creativity to this classic Colonial-style home in the heart of Millinocket! Offering plenty of potential, this spacious four-bedroom home is ready for someone looking to restore its charm and make it their own. With some TLC and updating, this property could be transformed into a wonderful year-round residence, vacation getaway, or investment opportunity.

The first floor features an enclosed porch, living room, dining room, kitchen, office, and one bedroom, offering a flexible layout with plenty of possibilities. Upstairs, you'll find three additional bedrooms and a full bathroom. Located in the welcoming community of Millinocket, this property offers convenient access to local shops, restaurants, schools, and everyday amenities.

Known as the gateway to the Katahdin region, Millinocket is surrounded by some of Maine's most spectacular natural beauty and outdoor recreational opportunities. Enjoy nearby Baxter State Park, home to the majestic Mount Katahdin, the northern terminus of the Appalachian Trail.

The region is an outdoor enthusiast's paradise, offering endless opportunities for hiking, fishing, hunting, boating, kayaking, ATV riding, snowmobiling, and exploring the North Maine Woods. Nearby lakes, rivers, and scenic trails provide year-round adventures.

Whether you're looking for a renovation project, an investment property, or a place to call home in the beautiful Katahdin region, this property offers an opportunity to bring your ideas to life. With its classic Colonial character, spacious layout, and desirable location, the possibilities are yours to explore. Bring your tools, imagination, and vision!

Monthly Cost Estimate

$749/mo

20% down · 6.5% · 30 years

Principal$101
Interest$607
Insurance$41

Estimates only. Actual payments may vary.

Location

421 Penobscot Avenue

Millinocket, ME 04462

Features & Amenities

Interior Features

1st Floor BedroomAttic

Property Details

Flooring

WoodVinyl

Construction

Wood Frame

Outdoor Features

Porch

Heating

Hot Water(Heating)OilBaseboardPropane (Heating)

Questions & Answers

This 4-bedroom, 1-bathroom single family at 421 Penobscot Avenue is listed at $140,000 ($93/sqft). The estimated monthly payment is $749 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.11 acre lot. Interior Features: 1st Floor Bedroom, Attic.

This property is listed by Chelsea Ireland.

CI

Chelsea Ireland

Agent at Tous LLC dba NextHome Experience

Listed by Tous LLC dba NextHome Experience · Broker phone: (207) 356-9909 · View on Broker Site · Broker website

MLS# 1684774· Source: Maine Listings· Added to PropertySimple today

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

421 Penobscot Avenue, Millinocket, ME 04462

Open this listing in: