1949 Aroostook River Camp on 1.7 Acres — $125,000

For $125,000 you get river frontage. That's the thing. The Aroostook River runs along the back of this 1.7-acre lot in Presque Isle, and you can fish or put in a kayak right from your own property. A back deck faces the water. At that price, with that access, most people stop reading the rest of the details and start looking at their calendar.

The house itself is an 880-square-foot, three-bedroom, one-bath camp built in 1949. Small and plain. Some renovations have been started but not finished, so you're buying something livable that still needs work. The agent description doesn't specify what was done or what remains, so go in expecting a project. The price reflects that. So does the square footage.

Three bedrooms in 880 square feet means the rooms are tight. This works as a fishing camp or a seasonal place. It could work as a full-time residence if you're someone who doesn't need a lot of indoor space and spends most of your time outside, which on a lot like this is a reasonable way to live.

The 1.7 acres gives you room on a riverfront parcel. You have water access, a deck to sit on, and land around you. Whether that setup appeals to you as a weekend place or something more permanent depends entirely on what you want from a property. The river is the answer to that question either way.

At $125,000 for waterfront in Maine, you're not finding this in a lot of places. The tradeoff is that the house needs your attention and it's small. If you want a finished, move-in property, this isn't it. If you want river access and you're willing to put in work, the math here is hard to argue with.