1287 US Route 1York, ME 03902Price: $1,600,000

  • Price: $1,600,000
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Federal 30-year interest rate: 2.86% last updated on Sep 16, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,600,000List Price
  • 2.94Acreage
Don't miss this rare and unique opportunity to create your dream on close to 3 wooded acres in the heart of Cape Neddick.The beautifully wooded property is anchored by an 1850's farmhouse featuring 6 bedrooms and 6 baths (5 en suite), multiple sunrooms, decks, sitting rooms, surrounded by lush landscaping, all on the Cape Neddick River. Updated historical charm abounds with coffered ceilings, crown moldings, custom finishes, 2 fireplaces, and much more. The farmhouse/main residence is currently being used a design showroom and owners' residence but was previously an iconic and coveted bed and breakfast for many years, and could easily be returned to a fully operational B and B. In addition, there are two auxiliary buildings on the property - an art gallery/studio (approximately 1200 sq'), and a design center/retail shop (approximately 980 sq'), as well as a shed and detached garage.With dual entrances from Route 1 and meandering River Road, the property is zoned residential/commercial, providing ease of access from the Maine Turnpike and ample parking. Creative minds might develop a whole new business model - perhaps a small restaurant/cafe , an exclusive catering venue, or discreet spa?As an added bonus, the gallery/carriage house building and the back portion of the property have been approved for subdivision, and a preliminary septic plan is available.One thing is clear - abundant opportunity awaits at this iconic property, overflowing with traditional elegance, warmth, and comfort. All of this within one mile of the Atlantic, and close to the iconic Nubble Lighthouse, restaurants, golf, shopping, and entertainment; 45 minutes to Portland and just over an hour to Boston.
Listed by Coldwell Banker Realty

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2021 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Tony Jalbert participates in ©2021 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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