Subdivision Opportunity in Kennebunk

Vacant Land for Sale
Catylist Listing ID: 30781545
Property Subtypes: Agricultural, Residential (Single Family), Other
Gross Land Area: 53 Acres
Sale Price: $1,495,000
Unit Price: $28,207 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/4/2022

Overview / Comments

A grand estate with acreage makes this a rare offering for Kennebunk, allowing an opportunity for development. This large colonial 2980 sf farmhouse with three level barn is surrounded by 53+ acres of fields, woodlands and a pond. A noble stone wall greets you as you turn in the driveway, which winds its way up the gentle slope to the house. The oversized wrap-around porch provides views of the sprawling grounds dotted with fruit trees and bordered by a classic white rail fence. This property is ready for the discerning buyer with a vision. Aside from the redevelopment opportunity, the zoning allows for many uses including equestrian, agricultural and institutional. Bring your imagination and transform this exciting property!

The land potential development is estimated to be fifteen 3 acre lots.

Additional Details

Nearest MSA: Portland-South Portland
County: York
Tax ID/APN: 31110_015-039
Zoning: RURAL RESIDENTIAL (RR)
Site Description: Woods and pasture, with a small creek cutting through the center. Land is situated next to Maine Turnpike, and includes a 2980 sf home built in 1930, and sits on 53+ acres.
Lot Frontage: 700 Feet
Zoning Description: Rural Residential
Topography: Gently Sloping
Available Utilities: Electric, Water, Cable
Water Service: Municipal
Sewer Type: None

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,973 18,068
Median Age: 47.9 47.46
Households: 4,297 7,602

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