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$658,000   Price Analysis
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1407 US Highway 1
Prospect, ME 04981
4 bed 3 bath 1,970 SqFt ($334/SqFt)
5.82 acre lot. Built 1933
Listed 2024-01-16
USDA Eligible
near Prospect, ME
 

Remarkable water front opportunity!

This distinct property is abundant with tremendous opportunities; views, location, passive income, commercial development and landmark neighbors; The Penobscot Narrows Bridge, observatory an d Fort Knox State Park. Experience countryside living, low taxes, centrally located between Belfast, Ellsworth and Bangor providing an excellent commuter location with immediate access to Routes 1 and 3.

The main house offers a traditional, first-floor layout with a kitchen, dining, living room, sunroom and three, second-floor bedrooms. This residence boasts a versatile in-law apartment above the garage currently operates as a sought-after Airbnb and short-term rental. This unique feature adds a distinctive touch to the property's allure; the opportunty to own a home that seamlessly combines comfortable living all while earning passive income.


Presented by Lori Stanley at
Swan Agency Real Estate .


Property MLS #1580504 from MaineListings

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

Total Rooms: 9
Basement Features: Walk-Out Access, Full, Interior Entry
Florida Room Level: First
Living Room Level: First

Total Bathrooms: 2.5
Full Bathrooms: 2
1/2 Bathrooms: 1

Furniture Included
In-Law Floorplan
Shower

Washer
Refrigerator
Gas Range
Dryer
Dishwasher

Heating Features: Multi-Zones, Hot Water, Forced Air, Direct Vent Heater, Direct Vent Furnace, Baseboard
Heating: Yes

Dining Room Level: First
Kitchen Level: First

Water Body Name: Penobscot River
Ocean
River

Fencing: Fenced
Patio And Porch Features: Deck, Glass Enclosed

Lot Description: Open Lot, Right of Way, Rolling Slope, Near Town, Rural
Lot Size Acres: 5.82
Lot Size Square Feet: 253519

Garage Spaces: 2
Parking Features: 11 - 20 Spaces, Paved, On Site, Garage Door Opener, Off Street

View: Mountain(s), Scenic

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 2828
Source Listing Status: Active
County: Waldo
Directions: From US Hwy 1 South, after Fort Knox Road take first left onto Old Route 1.
Tax Year: 2023
Source Property Type: Residential
Parcel Number: 1407USHwy1Prospect04981
Zoning: Rural
Property Subtype: Single Family Residence
Source System Name: C2C

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Year Built: 1933
Above Grade Finished Area: 1970
Building Area Total: 1970
Building Exterior Type: Vinyl Siding, Wood Frame
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Concrete Perimeter
Property Age: 91
Roof: Fiberglass, Metal
Architectural Style: Other Style

Accessibility Features: 32 - 36 Inch Doors

Sewer: Private Sewer, Septic Design Available
Water Source: Private, Well

G Herbert Jewett School is a public elementary school located approximately 1.6 miles away.
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Bucksport High School is a public high school located approximately 1.8 miles away.
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Bucksport Middle School is a public elementary and middle school located approximately 2.3 miles away.
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Bucksport Christian School is a private elementary, middle and high school located approximately 1.3 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.