Property Description

DEER PARK VILLAGE - APPROVED 142-UNIT ACTIVE ADULT DEVELOPMENTA 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.Owner financing available - ask for details.

Property Features