24 Penny Lane, Jefferson, ME 04348

$550,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 2,428 Lot Size (sq. ft.): 387,684 Status: Active
Current Price: $550,000 List Date: 1/02/2026 Last Modified: 3/20/2026

Overview

Description

**Spacious Waterfront Home with In-Law Apartment & Income Potential** Have you ever dreamed of owning a waterfront home? Here's your opportunity. This spacious 3-bedroom, 2-bath residence offers beautiful, protected views of Travel Pond and includes a separate in-law apartment with excellent income potential. The main home features three bedrooms, two full baths, and additional finished living space on the lower level, offering flexibility for guests, hobbies, or work-from-home needs. The living room is one of several inviting spaces to take in serene pond views. The kitchen is generously sized with ample cabinetry and a slider that opens to a patio overlooking the private backyard. Additional highlights include hardwood floors, abundant storage, and a 2-car garage. This is a solid home with great bones and endless potential to truly shine with a few updates. Enjoy year-round waterfront living with fishing, swimming, kayaking, and ice skating right outside your door.

Listing Details MLS# 1647523

Property Sub-Type

Property Sub-Type
Single Family Residence

Location Information

Street #
24
Street Name
Penny
Street Type
Lane
County
Lincoln
Town
Jefferson
State/Province
ME
Zip Code
04348
Zip +4
4285
Leased Land
No
Book
636
Page
443
Map
019
Lot
042
Zoning
Rural
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
3281
Tax Year
2024
Tree Growth Y/N
No

Contract Information

Original List Price
550000

Property Information

Surveyed
Yes
Seasonal
No
Deed/Conveyance Type Offered
Personal Rep
Deed
All
# Rooms
11
# Bedrooms
3
Total Full Baths
2
Total Baths
2
Year Built
1969
SqFt Finished Above Grade
1454
SqFt Finished Below Grade
974
SqFt Finished Total
2428
SqFt Source
Appraiser
Garage
Yes
Garage Spaces
2
Lot Size Acres +/-
8.9
Source of Acreage
Appraiser
Acreage Other Source
Public Record
Total Half Baths
0
# Fireplaces
0

Water Info

Water Frontage
Yes
Waterfront Amount
75
Water Frontage Owned
75
Water View
Yes
Water Body Name
Travel Pond
Water Frontage Shared
0

Site

Open
Yes
Wooded
Yes

More Information

Location

Rural
Yes

Roads

Private Road
Yes

Source of Water Frontage

Appraiser
Yes

Water Body Type

Pond
Yes

Construction

Wood Frame
Yes

Basement

Full
Yes

View

Scenic
Yes

Exterior

Fiber Cement
Yes

Roof

Shingle
Yes

Heat System

Baseboard
Yes
Hot Water
Yes

Heat Fuel

Oil
Yes

Cooling

None
Yes

Floors

Carpet
Yes
Vinyl
Yes
Wood
Yes

Parking

5 - 10 Spaces
Yes

Style

Raised Ranch
Yes
Split Level
Yes

Electric

Circuit Breakers
Yes

Gas

No Gas
Yes

Sewer

Private Sewer
Yes

Bedroom 2

Bedroom 2
Yes
Bedroom 2 Level
First

Water

Private
Yes

Bedroom 3

Bedroom 3
Yes
Bedroom 3 Level
First

Driveway

Gravel
Yes

Basement Entry

Interior
Yes

Water Heater

Off Heating System
Yes

Amenities

In-Law Apartment
Yes

Vehicle Storage

2 Car
Yes
Direct Entry to Living
Yes

Dining Room

Dining Room
Yes
Dining Room Level
First

Family Room

Family Room
Yes
Family Room Level
Basement

Kitchen

Kitchen
Yes
Kitchen Level
First

Laundry Room

Laundry
Yes
Laundry Room Level
Basement

Living Room

Living Room
Yes
Living Room Level
First

Primary Bedroom

Primary Bedroom
Yes
Primary Bedroom Level
First

Mud Room

Mud Room
Yes
Mud Room Level
Basement

Other Room 1

Other Room 1
Yes
Other Room 1 Level
Basement

Property Features

Site: Open; Wooded Location: Rural Roads: Private Road Source of Water Frontage: Appraiser Water Body Type: Pond View: Scenic Style: Raised Ranch; Split Level Construction: Wood Frame Basement: Full Basement Entry: Interior Roof: Shingle Exterior: Fiber Cement Heat System: Baseboard; Hot Water Heat Fuel: Oil Water Heater: Off Heating System Cooling: None Floors: Carpet; Vinyl; Wood Amenities: In-Law Apartment Driveway: Gravel Parking: 5 - 10 Spaces Vehicle Storage: 2 Car; Direct Entry to Living Electric: Circuit Breakers Gas: No Gas Sewer: Private Sewer Water: Private

Room Information

Room Name Level
Living Room First
Kitchen First
Dining Room First
Primary Bedroom First
Bedroom 2 First
Bedroom 3 First
Mud Room Basement
Family Room Basement
Other Room Basement
Laundry Basement
In-law Floorplan First
IDX
Listing Office: Tim Dunham Realty
Last Updated: March - 20 - 2026
Broker Attribution: 207-882-5020

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.