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Harpswell,ME 04003
Key Details
Property Type Residential
Sub Type Single Family Residence
Listing Status Active
Square Footage 4,265 sqft
Price per Sqft $926
Subdivision Cedar Beach Road
MLS Listing ID 1621602
Style New Englander
Bedrooms 7
Full Baths 5
HOA Fees $14/ann
Year Built 1978
Annual Tax Amount $9,507
Tax Year 2024
Lot Size 1.020 Acres
Property Sub-Type Single Family Residence
Property Description
Exceptional Oceanfront Compound on Bailey Island
Endless Possibilities | Over 1 Acre Total | 200+ Feet of Private Ocean Frontage
Family compound, investment property, or business opportunity — this rare and versatile oceanfront estate offers unparalleled potential in one of Maine's most picturesque coastal settings. Comprising three adjacent parcels, the property totals over 1.02 acres, including 0.54 acres of direct ocean frontage.
Property #1 - Oceanfront Canvas (0.54 Acres)
A once-in-a-generation opportunity to shape your dream coastal retreat. This oceanfront parcel features over 200 feet of private shoreline and a year-round home previously lived in by the seller for 20+ years.
Storm remediation completed (January 2024)
Framing ready for personalized reconstruction
Ideal for a custom home, artist studio, gardens, or guest quarters
Let the expansive views and natural serenity spark your imagination.
Property #2 - Turnkey Ocean View Residence (0.19 Acres)
Move-in ready 3-bedroom, 2-bath home with wraparound deck, large patio, and mature landscaping.
Bold ocean views from multiple rooms
Two wood-burning fireplaces
Two-car garage, storage shed
Shared beach access and protected view easement
Perfect for year-round living, vacation rental, or hosting guests in comfort and style.
Property #3 - Coastal Cottage Charm (0.29 Acres)
A quaint single-level cottage offering open ocean views, private beach access, and inclusion in the view easement.
Effortless one-floor living
Excellent guest house, rental unit, or cozy private escape
The Opportunity
Live, invest, or create — this versatile oceanfront compound can be reimagined as a:
Multi-generational family estate
Rental investment portfolio
Artist or wellness retreat
Primary residence with income potential
Maintain the properties independently or unify them into one extraordinary coastal haven. Accessible year-round via the iconic Cribstone Bridge, this is a truly rare offering on Bailey Island.
Location
State ME
County Cumberland
Zoning SR
Rooms
Family Room Wood Burning Fireplace
Kitchen Breakfast Nook, Pantry2, Eat-in Kitchen
Interior
Heating Direct Vent Heater,Baseboard
Cooling None
Flooring Wood,Tile
Fireplaces Number 2
Laundry Laundry - 1st Floor,Main Level
Exterior
Parking Features Storage Above,5 - 10 Spaces,Gravel,Common,Paved,Detached
Garage Spaces 4.0
View Y/N Yes
View Scenic
Roof Type Shingle
Building
Lot Description Well Landscaped,Open,Level,Near Public Beach,Rural
Sewer Septic Tank,Private Sewer
Water Private,Well
Structure Type Wood Siding,Shingle Siding,Wood Frame
Others
Virtual Tour https://www.propertypanorama.com/instaview/mreis/1621602