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277 Grove Street, Newport, ME 04953

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For Sale

$1,200,000

16 beds • 11 baths • 2 half baths • 10,500 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $114.29
    Price per square foot

Explore this Property

The perfect family compound on Sebasticook Lake in Newport Maine called The Evergreens. Create your family estate with these 5 homes, 3 car garage, 2 car garage (both with space above to finish, all on 10 acres. 3 of the homes are at different stages of being finished, and an additional lot with a travel trailer provides an opportunity for a new build on this lot. 24 solar panels on one of the homes with heat pumps along with spray foam insulation for maximum energy efficiency. Keep as a family estate or complete construction and sell off as individual homes. Each of the 3 lots lot have deeded right of way access to the lake with the main home having 280' of owned sandy frontage with a large flat open lawn area for all your recreation fun. A great opportunity for a family compound, business venture, or vacation rentals. Live in the main house with lots of history and have income from the other homes as rentals. This is a main area for snowmobiling in the winter with endless trails, ski mountain 30 mins away and endless lake activities in the summer, making this a truly year-round oasis. The vision is yours... Bring your tools or negotiate with sellers for theirs. Many of the building supplies are included in the sale, including whole house generators installed or needing to be installed for all the homes. please ask for details. Opportunity awaits. Call for your private showing today!
MLS# 1561733

Courtesy Of Keller Williams Realty
Keller Williams Realty, Portland, ME 04102
(207) 879-9800

Property Features

  • Amenities
    Deck, Porch, Water Front
  • Appliances
    Dishwasher, Dryer, Range - Electric, Refrigerator, Washer
  • Architecture Style
    Colonial
  • Cooling System
    Heat Pumps
  • Exterior Type
    Vinyl Siding, Wood
  • Heating System
    Heat Pump, Hot Water
  • Lot Size
    10.2 Acres
  • Roof Type
    Metal
  • Rooms
    Bedroom, Dining Room, Family Room, Full Bath, Half Bath, Kitchen, Living Room

Map and Directions

Directions to 277 Grove Street, Newport, ME 04953

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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