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$985,000   Price Analysis
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2372 Atlantic Hwy
Lincolnville, ME 04849
4 bed 2 bath 2,750 SqFt ($358/SqFt)
4.0 acre lot. Built 1865
Listed 2024-02-08
May be USDA loan restricted due to income limits
near Lincolnville

Unique opportunity to own a 4 +/- acre park-like

Income producing property in the heart of mid-coast Maine with captivating Penobscot Bay water views. Lcated between Belfast and Camden on Atlantic Highway in the town of Lincolnville, it is .5 miles to Lincolnville Beach and minutes to Camden Hills State Park. This one-of-a-kind property features a four season 1865 Farmhouse home with a detached 3 car garage and an additional 2 B/R income producing apartment. Attached to the home is a large laundry area, a small Bistro which includes a commercial kitchen and breakfast seating area for guests as well as a small off ice/storage area.

The beautifully landscaped property is partially wooded with an expansive lawn area, a lovely flowing stream and picnic areas with tables and room for a BBQ grill. The 11 cottages, 9 motel rooms and apartment are fully furnished offering a potential buyer a turnkey operation. Some of the cottages offer kitchenettes and all cottages and motel rooms have a/c and portable heaters. There is a mostly cleared 1 +/- acre lot in the rear of the property offering more revenue producing possibilities. If you have ever thought about living and owning a business in coastal Maine, this is your opportunity!


Presented by Richard Butler at
REALTY OF MAINE - Belfast.
Listing Agent Photo

Property MLS #1581891 from MaineListings

Bedrooms: 4
Bedroom 1 Level: First
Bedroom 2 Level: First
Bedroom 3 Level: Second
Bedroom 4 Level: Second

Total Rooms: 12
Basement Features: Dirt Floor, Interior Entry
Den Level: First
Family Room Level: First
Great Room Level: First
Living Room Level: Second

Total Bathrooms: 2
Full Bathrooms: 2

1st Floor Bedroom
Attic
Bathtub
In-Law Floorplan
Pantry
Shower
Storage

Cooling Features: Heat Pump
Heating Features: Heat Pump
Heating: Yes
Number of Fireplaces: 1

Kitchen Level: First

Water Body Name: Penobscot Bay
Bay

Other Structures: Outbuilding, Shed(s)
Patio And Porch Features: Deck, Glass Enclosed

Lot Description: Landscaped, Wooded, Near Town, Rural, Near Public Transit
Lot Size Acres: 4.0
Lot Size Square Feet: 174240

Garage Spaces: 3
Parking Features: 21+ Spaces, Gravel, Paved

View: Scenic, Trees/Woods

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 7398
Source Listing Status: Active
County: Waldo
Directions: West side of Atlantic Hwy (Route 1) about .5 miles south of Lincolnville Beach, 5 miles north of Camden.
Tax Year: 2022
Source Property Type: Residential
Parcel Number: LINE-000014-000000-000012
Postal Code Plus 4: 5336
Zoning: Gen. Dev.
Property Subtype: Single Family Residence
Source System Name: C2C

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Year Built: 1865
Above Grade Finished Area: 2750
Building Area Total: 2750
Building Exterior Type: Vinyl Siding, Wood Frame
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Stone, Granite
Property Age: 159
Roof: Shingle
Architectural Style: Farmhouse

Sewer: Septic Existing on Site
Utilities On
Water Source: Well

Lincolnville Central School is a public elementary and middle school located approximately 5 miles away.
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Camden Hills Regional High School is a public high school located approximately 7.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.