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207 Realty Partners

[email protected] +1(207) 489-4440

Listed by Legacy Properties Sotheby's International Realty

$ 1,650,000

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Active

1241 Harpswell Islands RD Harpswell, ME 04079

4,666 SqFt

UPDATED:

Key Details

Property Type Commercial Sale

Sub Type General Commercial

Listing Status Active

Square Footage 4,666 sqft

MLS Listing ID 1625903

HOA Y/N No

Year Built 1900

Annual Tax Amount $6,040

Tax Year 2024

Lot Size 1.570 Acres

Acres 1.57

Property Sub-Type General Commercial

Source Maine Listings

Land Area 4666

Property Description

Nestled on Orr's Island in Harpswell, Maine, the waterfront estate at 1241 Harpswell Island Road is a stunning coastal retreat and a versatile investment opportunity. Spanning 445 feet of diverse waterfront along Gun Point Cove, it features a deep-water dock, a protected tidal area, sandy shores at low tide, a boat mooring, and a private dock, ideal for capitalizing on Maine's tourism and rental markets. This property offers multiple revenue streams, making it a gem in New England's coastal market. The Dutch Colonial seaside cottage, a charming three-bedroom, 1.5-bath residence, exudes nostalgic allure with easterly water views, wide-plank wood floors, and vintage floral wallpaper. A proven Airbnb success, it draws guests for its authentic coastal experience and serene backyard, delivering consistent rental income. Built in 2009, the main house blends open-concept living with breathtaking easterly and southerly views of deep and shallow tidal waters. Large windows frame mature terraced gardens and a gently sloping lawn leading to the water's edge. The second-story primary en-suite offers elevated water views and a versatile open space, perfect for additional bedrooms or a private retreat. A second-story, one-bedroom efficiency apartment with distant water views provides a quaint guest retreat. A separate studio, formerly an art gallery, now serves as prime retail space with an adaptable layout, ideal for a boutique or artisan shop, enhancing the property's versatility. This estate's investment potential shines through its diverse income sources, including three residential units for short- or long-term rentals and the retail space, perfect for tapping into Harpswell's tourism and nearby Brunswick's vibrant downtown. Capturing the essence of coastal Maine living, this property offers unparalleled water access, captivating views, and a rare opportunity to invest in a multifaceted revenue-generating estate.

Location

State ME

County Cumberland

Zoning CF1,CF2

Rooms

Basement Walk-Out Access, Unfinished

Interior

Interior Features Storage

Heating Hot Water, Direct Vent Heater, Direct Vent Furnace, Baseboard

Cooling None

Flooring Wood, Tile, Laminate

Equipment Internet Access Available

Exterior

Parking Features 5 - 10 Spaces, On Site, Paved

View Y/N No

Roof Type Shingle

Building

Lot Description Rural

Building Description Vinyl Siding,Wood Frame, Generator

Foundation Stone, Concrete Perimeter

Sewer Private Sewer

Water Private

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Propane