Welcome to 176 Penney Road in New Gloucester, Maine! Nestled on 4 beautiful acres, this property offers the perfect balance of privacy, rural living, and convenience. Enjoy a peaceful setting on a quite road while being centrally located--just a short drive- 20 +/-minutes from Portland, Westbrook, Windham, and Lewiston/Auburn. This raised ranch features a large deck, 3 bedrooms, 1 bathroom, and an eat-in kitchen that is open to the living room, creating a comfortable layout for everyday living and entertaining. The home also includes new kitchen appliances, and the seller will be replacing the bedroom carpets prior to closing. Downstairs, you'll find a large finished bonus room; currently used as a 4th bedroom along with an additional oversized bonus room ready to finish, offering plenty of flexibility for a extra bathroom, home office, playroom, gym, hobby space, or additional living area. So much potential to add additional sqft with this daylight basement! If you've been looking for a home with acreage, a peaceful setting, and an ideal central location, 176 Penney Road is one you won't want to miss!