Price Reduced 6.79%


Price History

$589,000
7/11/2025

$549,000
8/9/2025


1407 US Highway 1, Prospect, ME, 04981

1407 US Highway 1, Prospect, ME, 04981

7 rooms

3 beds

1 Full / 1 Half baths

1933

Other

1,354 sqft

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. 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 vacation home, or a unique coastal business venture, this property has it all. Sellers now offering home warranty for peace of mind!


Status:

Active

Type:

Single-family residential

Furnished Remarks:

Furnished

Zoning:

Rural

Frontage:

820

Garage:

2-car

Heating:

Zoned, Hot Water, Forced Air, Direct Vent Heater, Direct Vent Furnace, Baseboard

Cooling:

None

Basement:

Interior, Walk-Out Access, Full

Parking:

Heated, Auto Door Opener, 11 - 20 Spaces, Paved, Detached

Acreage:

5.82

Est. Taxes:

$3,375

Construction

Vinyl Siding, Wood Frame

Lot Description:

Well Landscaped, Rolling/Sloping, Open, Level, Right of Way, Wooded, Near Public Beach, Near Shopping

View Description:

Scenic

Amenities:

In-Law Apartment, Shower, Storage

Waterfront:

Yes

Appliances:

Washer, Refrigerator, Gas Range, Dryer, Dishwasher

MLS #:

1630175


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Realty of Maine