Penobscot Heights is a large 34.55 +- acre tract of Penobscot River land for sale. Located in Medway, ME is a parcel of river front land comprised of six surveyed river front lots and one surveyed road front lot. There is over 3132 feet of river frontage and 335 feet of road frontage. The property has a gravel access road from route 116 to the land that fronts on the Penobscot River. The lots are heavily wooded with mature hemlock, pine, cedar and some very impressive oak trees. The land is rolling and is elevated above the river. The property would make a private home site along the river or perhaps a set of rental cabins that could provide ongoing rental income from fisherman and vacationers visiting the Katahdin region.
The property lies on the southern shore of the Penobscot River, one mile below the confluence of the east and west branches of the Penobscot River. This section of the Penobscot River lies above Weldon dam in Molunkus township, and below the Medway dam. The impoundment formed between these two dams extends for nearly eight miles of largely placid water. This is a great area for boating and fishing for small mouth bass. Navigating downstream from the property you will come to Salmon Stream which flows into the Penobscot from the north and Pattagumpus Stream which joins the Penobscot from the south. Both of these streams are great fisheries that are lightly fished. Downstream from the Medway dam, you will find a pretty good flow of highly oxygenated water, and the fishing can be quite good here at times.If you are an investor looking for river front land to develop, or you want a large riverfront property to build your dream home you will want to check out Penobscot Heights. The property has year-round access, utility power available, is high and dry and offers a high degree of privacy. You could land a float plane here on this section of river to shorten the travel time to your Penobscot River property from wherever you call home.