Under $150K Sunday: Charming c.1850 Waterfront Restoration Opportunity on 1 Acre in Maine Under $115K

Restore this mid-1800s New England farmhouse on 1 acre featuring 3 bedrooms and 1.5 baths along Ferguson Stream in Maine. Enjoy 50 feet of water frontage and kayaking to Cambridge Pond, plus a large barn with incredible restoration potential.

3 bed
1.5 bath

About This Under $150K Sunday: Charming c.1850 Waterfront Restoration Opportunity on 1 Acre in Maine

Tucked along the scenic Ferguson Stream in the heart of Cambridge, this 3-bedroom, 1.5-bath New Englander-style farmhouse on 1 acre is a dream for those who appreciate historic character. The interior features original wood floors and a classic layout that radiates warmth, offering a solid foundation for your creative updates. While the home is ready for some cosmetic refreshing and minor repairs, its “good bones” and multiple heating systems provide a comfortable starting point for a restoration project.

The outdoor space is truly the highlight of this property, featuring roughly 50 feet of direct frontage on Ferguson Stream. You can enjoy peaceful views of the nearby bridge and dam or launch a kayak right from your backyard for a quiet afternoon on Cambridge Pond. Additionally, a large multi-stall barn sits on the lot; while it requires structural work, it represents an incredible opportunity for future storage, a workshop, or a hobby space once restored.

Located in the quiet rural landscape of Somerset County, this home offers a peaceful small-town lifestyle while keeping you connected to the Route 150 corridor. You’re perfectly positioned to enjoy the tranquility of Maine living with convenient access to amenities in nearby Dexter, Newport, and the Bangor area. This rare combination of waterfront access, historical charm, and barn potential is perfect for a buyer with the vision to bring this classic property back to life.

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.

33 Main Street, Cambridge, ME 04923 $114,900

Cambridge, Maine

Cambridge is a quiet, rural town located in the northwestern corner of Somerset County, Maine. Nestled along the Route 150 corridor, the community is defined by its scenic natural landscapes, including the winding Ferguson Stream and the serene waters of Cambridge Pond. The village center maintains a classic small-town Maine atmosphere, characterized by historic architecture and a peaceful pace of life that appeals to those seeking a retreat from more developed areas while remaining within driving distance of regional hubs like Dexter, Newport, and Skowhegan.

The town’s identity is deeply rooted in its outdoor recreation and agricultural heritage. Residents and visitors often frequent the local waterways for kayaking and fishing, particularly around the area of the village dam and bridge where the stream provides a picturesque backdrop. Surrounded by rolling fields and dense woodlands, Cambridge offers a lifestyle centered on privacy and nature, making it a quintessential example of the “real Maine” that remains popular for those looking to restore historic farmhouses or establish sustainable homesteads in a close-knit community.