Skip to main content

| Up North Realty Maine

229 Spring Valley Lane, New Gloucester, ME 04260 (MLS# 1674870)

229 Spring Valley Lane, New Gloucester, ME 04260

$999,000
Property Type: Multi-Family Baths: 2 Square Footage: 800 Lot Size (sq. ft.): 239,580 Status: Active
Current Price: $999,000 List Date: 8/05/2026 Last Modified: 10/02/2026

Overview

Description

Don't miss this opportunity to acquire a well-maintained 11-site manufactured housing community situated on 5.5± scenic acres with strong in-place income and future upside. Surrounded by mature trees and offering a peaceful country setting, this established investment combines reliable cash flow with the potential for long-term appreciation. The community features 11 total sites, including 2 park-owned homes and 9 tenant-owned homes, creating an attractive ownership structure that minimizes maintenance responsibilities while providing consistent rental income. Current operations generate an impressive annual gross income of $86,700 and a net operating income of $74,223, making this an ideal addition to an investment portfolio. The property has been thoughtfully maintained with infrastructure improvements that include a pump house equipped with updated electrical, two new expansion tanks, sand/salt storage, utility storage, and additional overhead storage above. The park is serviced by ...

Listing Details MLS# 1674870

Location Information

Street #
229
Street Name
Spring Valley
Street Type
Lane
County
Cumberland
Town
New Gloucester
State/Province
ME
Zip Code
04260
Leased Land
No
Book
37137
Page
322
Map
9
Lot
14
Zoning
RB-2
Zoning Overlay
No
Association
No
Full Tax Amount $
3344
Tax Year
2025
Tree Growth Y/N
No

Contract Information

Original List Price
999000

Property Information

Surveyed
Unknown
Seasonal
No
Deed/Conveyance Type Offered
Quit Claim w/Covenant
Deed
All
Number of Units
2
Total Baths
2
Total Full Baths
2
Year Built
1900
SqFt Finished Above Grade
800
SqFt Finished Total
800
Garage
No
Lot Size Acres +/-
5.5
Source of Acreage
Public Records

Water Info

Waterfront
No
Water View
No

Units

# of 2 BD Units
Yes
# of 3 BD Units
Yes

Unit 1

Lease
Yes
Level
First
Security Deposit
Yes
Monthly Rent
1500
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

More Information

Unit 2

Lease
Yes
Level
First
Security Deposit
No
Monthly Rent
1500
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Utilities

Utilities On
Yes

Property Features

Site: Level; Open; Wooded Location: Mobile Home Park Roads: Paved Style: Ranch Levels: One Body Type: Single Wide Construction: Mobile; Wood Frame Basement: None Basement Entry: Not Applicable Foundation Materials: Slab Exterior: Vinyl Siding Roof: Metal; Shingle Heat System: Forced Air Heat Fuel: Gas Bottled; Oil; Propane Water Heater: Electric Cooling: None Floors: Carpet; Laminate Amenities: 1st Floor Bedroom; Bathtub; Laundry - 1st Floor; Shower Driveway: Gravel; Paved Parking: Other Parking; 21+ Spaces; On Site; Paved Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers; Underground Gas: Bottled Sewer: Private Sewer Water: Private; Well

Documents

IDX
Listing Office: Five Star Realty
Last Updated: October - 02 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Search powered by FBS Products