DEER PARK VILLAGE - APPROVED 142-UNIT ACTIVE ADULT DEVELOPMENT A rare opportunity to acquire one of Eastern Maine's premier approved residential development projects. Deer Park Village is a fully approved 55+ active adult community located in Milford, Maine, just minutes from Bangor, the region's healthcare, retail, & employment hub.The development consists of 71 approved duplex building sites for a total of 142 condominium homes planned across three phases. The first 40-unit phase is complete & ready for homes- with city water, city sewer, paved roads, and above-ground electrical power already in place. Additional phases provide continued expansion potential within an approved master-planned community. Significant infrastructure investment has already been completed or is underway, including municipal water, municipal sewer, roadway construction, electrical service, surveying, & site improvements. Extensive engineering, planning, and permitting work has been completed, allowing a developer to accelerate the construction timeline and reduce entitlement risk. Set in a beautiful natural environment on 55 acres with frontage along the Penobscot River corridor, Deer Park Village offers the ideal setting for today's active adult buyer seeking low-maintenance, single-level living with convenient access to shopping, healthcare, recreation, & major transportation routes & just minutes to the University of Maine. Maine continues to experience strong demand for downsizing and age-targeted housing, while approved developments of this scale remain extremely limited. Deer Park Village presents a unique opportunity to capitalize on growing demographic trends while benefiting from years of completed planning and infrastructure investment. Property offered as an approved development -engineering plans, approvals, & supporting documentation available upon request. With approvals, engineering, & major infrastructure already completed, this is far more than raw land!
| MLS # | 1667940 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 98 |
| Listing Provided By | Realty of Maine | Renee Hudgens |
| Zoning | shoreland |
|---|---|
| Acreage | 55.00 |
| Water Front | Penobscot River |
| Lot Features | Rural, Subdivided, Level, Rolling Slope, Landscaped, Wooded |
|---|---|
| Waterfront Features | Deeded, River/Brook/Stream |
| Parking Features | Paved, Off Street |
|---|
| Sewer | Public Sewer |
|---|---|
| Electric | On Site |
| Tax Annual Amount | 7784 |
|---|---|
| Tax Book Number | 16685 |
| Tax Year | 2025 |
| Tax Lot | 2A |
| Tax Map Number | 15 |
| State | ME |
|---|---|
| County | Penobscot |
| City | Milford |
| Zip Code | 04461 |
| Area | Penobscot |
| Listing VS Median (in 04461) | |
Price: $1,850,000 low | high Med: $292,450 On site: 98 low | high Med: 37.5 | |
| State | ME |
|---|---|
| County | Penobscot |
| City | Milford |
| Zip Code | 04461 |
| Area | Penobscot |
| Listing VS Median (in 04461) | |
Price: $1,850,000 low | high Med: $292,450 On site: 98 low | high Med: 37.5 | |