Bought with Legacy Properties Sotheby's International Realty
$975,000
$995,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,406 SqFt
SOLD DATE : 01/28/2025
Key Details
Sold Price $975,000
Property Type Residential
Sub Type Single Family Residence
Listing Status Sold
Square Footage 1,406 sqft
MLS Listing ID 1609100
Sold Date 01/28/25
Style Camp
Bedrooms 3
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,406
Originating Board Maine Listings
Year Built 1940
Annual Tax Amount $4,054
Tax Year 2023
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Single Family Residence
Property Description
A once-in-multiple-generations Bailey Island gem!! This classic, Maine coast cottage offers 3 bed, 2 full baths comes fully furnished and offers some of the most highly-sought after, eastern-facing, deep, oceanfront views overlooking Casco Bay, fishing lobster boats, and Ragged and Pond Islands! Deeded ROW access to famous Cedar Beach! Home is original in some ways. Great opportunity to update in your own way to make your perfect coastal dream home/retreat or winterize for year round enjoyment! Savor it all from your own, private deck while relaxing in comfy Adirondack chairs surrounding your new, custom, stone fire pit while watching the waves crash just steps away. Take the new stone steps to your private, rocky beach overlooking the coast and swimmable tide pools. If you're looking for a prime investment opportunity or simply want one of Bailey Island's best locations to be your own, this is it! Proven successful rental history! Seasonal, rental, YTD net revenue of 64,318! New sea wall with stone steps, new gravel driveway, new sod with extra yard footage recently added. Brand new roof (2022), newly installed Pella windows, trex decking, new designer and vintage lighting fixtures throughout, new water heater. Brand new Smeg and GE appliances. Home is nestled in the highly-valuable Cedar Beach neighborhood, which includes Cedar beach access overlooking the Cribstone Bridge. Walking distance to Bailey Island General Store and PO. Close to beaches, walking/biking trails, local shops and dinning, and so much more. Come and see what quintessential Maine is all about!
Location
State ME
County Cumberland
Zoning Shoreline residentia
Body of Water Atlantic Ocean
Rooms
Basement None, Not Applicable
Master Bedroom First
Bedroom 2 Second
Bedroom 3 Second
Living Room First
Kitchen First Island, Eat-in Kitchen
Interior
Heating No Heat System
Cooling None
Flooring Vinyl, Carpet
Fireplace No
Exterior
Parking Features 1 - 4 Spaces, Gravel
Waterfront Description Ocean
View Y/N No
Roof Type Shingle
Street Surface Gravel,Dirt
Garage No
Building
Lot Description Well Landscaped, Open, Right of Way, Rural
Sewer Septic Tank, Private Sewer
Water Private, Well
Architectural Style Camp
Structure Type Shingle Siding,Wood Frame
Others
Energy Description No Heat Fuel
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