0 Sugar Cove LN Active Save Request In-Person Tour Request Virtual Tour
Eastbrook,ME 04634
Key Details
Property Type Commercial Sale
Sub Type Investment
Listing Status Active
Square Footage 1,760 sqft
Price per Sqft $565
MLS Listing ID 1615275
Year Built 2023
Annual Tax Amount $3,798
Tax Year 2024
Lot Size 62.200 Acres
Property Sub-Type Investment
Property Description
MOTIVATED SELLER: Investment Opportunity: 62-Acre Waterfront Development on Molasses Pond, Eastbrook, Maine. This prime property offers significant development potential on a serene, pristine lake. The offering includes: -A 2023-built, 3-bedroom, 2-bath year-round home (94 Sugar Cove) with radiant and electric heat, full generator, fiber optic internet, and RV hookup. -One waterfront lot (384 ft frontage) with approved septic design. -Four expansive stream-front lots (6-10 acres) with power, fiber optic connections, and deeded water access. -Four additional lots (5-6 acres) with deeded access to Molasses Pond, power, and fiber optic connections. One cleared lot with walk-out basement potential, ready for construction. The existing home features an open floor plan, hickory cabinets, butcher block countertops, and stunning lake views. Additional amenities include a covered porch, fire pit with boulder backdrop, and high-bush blueberries. This property facilitates phased development and individual lot sales, maximizing ROI.
Location
State ME
County Hancock
Zoning Shoreland
Interior
Heating Stove,Radiant,Baseboard
Cooling None
Flooring Vinyl
Exterior
Parking Features 11 - 20 Spaces,On Site
Waterfront Description Lake,Brook,Pond,Stream
View Y/N No
Roof Type Metal
Building
Lot Description Rural
Foundation Concrete Perimeter,Slab
Sewer Septic Tank,Private Sewer,Septic Design Available
Water Private,Well
Structure Type Vinyl Siding,Wood Frame
Others
Virtual Tour https://www.propertypanorama.com/instaview/mreis/1615275