1407 US Highway 1 new Save Request In-Person Tour Request Virtual Tour
Prospect,ME 04981
Key Details
Property Type Residential
Sub Type Single Family Residence
Listing Status Active
Square Footage 1,354 sqft
Price per Sqft $435
MLS Listing ID 1630175
Style Other
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1933
Annual Tax Amount $3,374
Tax Year 2024
Lot Size 5.820 Acres
Property Sub-Type Single Family Residence
Property Description
Coastal Maine gem nestled on the banks of the Penobscot River, offering 745 feet of shoreline and breathtaking panoramic views of the iconic Penobscot Narrows Bridge. This character-filled property blends history, opportunity, and natural beauty all in one.
The main home features 3 bedrooms and 1¼ baths, showcasing original historic charm throughout. While cosmetic upgrades would enhance the space, there's great potential for reconfiguring to add larger bathrooms or expand the kitchen. The beautifully landscaped grounds, mature plantings, and riverside setting create a tranquil retreat full of possibility.
Above the detached 2 car garage, with a separate back entrance, you'll find a charming 1 bedroom, 1 bathroom fully furnished apartment/in law suite with a successful Airbnb and short-term rental history, perfect for generating additional income or hosting guests.
This property is perfectly positioned between the Mid Coast Maine area, and the attractions of Fort Knox Historic Site & the Penobscot Narrows Observatory, while being an easy drive to Ellsworth or Acadia National Park, attracting seasonal visitors, and outdoor enthusiasts. The large, open grounds have potential for adding seasonal cottages, food trucks, or additional short-term rentals—a smart investment opportunity in a high-traffic tourism corridor.
Whether you're looking for a primary residence with income options, a seasonal retreat, or a unique coastal business venture, this property has it all.
Location
State ME
County Waldo
Zoning Rural
Interior
Heating Zoned,Hot Water,Forced Air,Direct Vent Heater,Direct Vent Furnace,Baseboard
Cooling None
Flooring Vinyl,Tile,Laminate,Carpet
Equipment Internet Access Available,Generator
Exterior
Parking Features Heated,Auto Door Opener,11 - 20 Spaces,Paved,Detached
Garage Spaces 2.0
Fence Fenced
View Y/N Yes
View Scenic
Roof Type Metal,Shingle
Building
Lot Description Well Landscaped,Rolling/Sloping,Open,Level,Right of Way,Wooded,Near Public Beach,Near Shopping
Foundation Concrete Perimeter
Sewer Private Sewer,Septic Design Available
Water Private
Structure Type Vinyl Siding,Wood Frame
Others
Virtual Tour https://www.propertypanorama.com/instaview/mreis/1630175