Looking for a fixer-upper with potential, or an opportunity for future development? 392 Elm Street in Mechanic Falls offers a range of possibilities, from renovating and making it your own to exploring subdivision potential on the expansive 5.9-acre lot (buyer to verify with the town). This 3-bedroom, 1-bath home features a functional layout with a full daylight walk-out basement offering additional storage or workshop space. Set back with a spacious yard and wooded surroundings, the property provides a private feel while still being conveniently located near local amenities and commuter routes. Private water and sewer are already in place, adding to the property's flexibility and long-term potential. Whether you're an investor, builder, or buyer looking for a project with acreage, this property is worth a look.