Prospect, ME 04981,1407 US Highway 1
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Prospect, ME 04981,1407 US Highway 1
Prospect, ME 04981,1407 US Highway 1
Prospect, ME 04981,1407 US Highway 1
Prospect, ME 04981,1407 US Highway 1
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Listed by Realty of Maine
$ 589,000
Open Sun 3PM-4PM

1407 US Highway 1 Prospect, ME 04981

3 Beds

2 Baths

1,354 SqFt


OPEN HOUSE

Sun Jul 27, 3:00pm - 4:00pm

UPDATED:

Key Details

Property Type Residential

Sub Type Single Family Residence

Listing Status Active

Square Footage 1,354 sqft

MLS Listing ID 1630175

Style Other

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 1,354

Year Built 1933

Annual Tax Amount $3,374

Tax Year 2024

Lot Size 5.820 Acres

Acres 5.82

Property Sub-Type Single Family Residence

Source Maine Listings

Land Area 1354

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

Body of Water Penobscot River

Rooms

Basement Interior, Walk-Out Access, Full

Master Bedroom Second 18.0X12.0

Bedroom 2 Second 11.0X12.0

Bedroom 3 Second 13.0X8.0

Living Room First 19.0X12.0

Dining Room First 13.0X11.0

Kitchen First 14.0X12.0

Interior

Interior Features In-Law Apartment, Shower, Storage

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

Fireplace No

Appliance Washer, Refrigerator, Gas Range, Dryer, Dishwasher

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

Street Surface Paved

Porch Deck, Glass Enclosed

Garage Yes

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

Architectural Style Other

Structure Type Vinyl Siding,Wood Frame

Others

Energy Description Propane, Oil, Multi-Fuel System

Virtual Tour https://www.propertypanorama.com/instaview/mreis/1630175


Maine MLS (MREIS) IDX
agent

The Scoville Foley Team

+1(207) 885-0500

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1407 US Highway 1