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Presented by
William Ashton |
117 Perkins Cove Road, Ogunquit, ME, 03907 | $3,299,000
Experience coastal luxury in this remarkable multi-family property featuring two completely renovated vacation rental units, each offering exceptional ocean views and modern amenities. This cottage underwent complete reconstruction in 2025, creating a successful investment opportunity in the heart of Perkins Cove.
Both units boast two bedrooms and one bathroom with stunning 200+ sf decks with bold ocean panoramas that stretch to the horizon. Both units include in-unit laundry facilities and showcase quality construction throughout. The custom kitchens enjoy crisp, clean lines with Quartz countertops and upbeat blue custom cabinetry.
The property sits on coveted waterfront land with 20 feet of owned water frontage, allowing guests to launch kayaks directly from the shoreline or simply dip toes in the ocean during the evening stroll. This unique feature transforms every stay into an adventure, whether exploring the rocky coastline or paddling through calm morning waters.
Located in the charming Perkins Cove neighborhood, guests enjoy immediate access to local pottery shops, galleries, and coastal dining. No need to worry about parking. This property enjoys the convenience of a 2 car garage plus room for 3 more vehicles in the private parking area.
The rental income potential proves exceptional, with projections of $200, 000 gross revenue in its first year of operation. It is important to note that this property was ready for guests in June thus leaving immense rental potential for full year operation. This turnkey investment combines the appeal of oceanfront living with proven financial performance. Whether you choose to rent both or keep one for yourself and rent the other, this property is a winner.
Quality construction meets coastal charm in this professionally managed rental property, offering investors both immediate income and long-term appreciation potential in one of Maine's most desirable coastal communities.
Features
- Amenities: Other, Shower, Storage
- Baths: 2 full
- Units: 2
- Laundry: Washer Hookup
- Style: Cottage, Contemporary
- Year Built: 1929
- Garage: 2-car
- Heating: Heat Pump
- Cooling: Heat Pump
- Basement: None, Not Applicable
- Approx Sq. Feet: 1,368
- Acreage: 0.06
- Est. Taxes: $9,363
- Lot Desc: Open, Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood
- View: Scenic
- Water Front: Yes
- Pet Policy: No Restrictions
- MLS#: 1638334
- Website: https://www.raveis.com
/prop/1638334/117perkinscoveroad_ogunquit_me?source=qrflyer
 | Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. |  |
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