Prime 5 lot Southwest Harbor residential development opportunity

Vacant Land for Sale
Catylist Listing ID: 30868909
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 19.50 Acres
Sale Price: $1,145,000
Unit Price: $58,717 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/16/2024

Overview / Comments

Prime opportunity to purchase the remaining 5 residential lots in one of Southwest Harbor's preeminent subdivisions. The site is served by public water and sewer. The homes built and purchased have sold for approximately $1mm or more. Air BNB rentals are allowed as well. The neighborhood offers quick access to the Harborfront, downtown, schools, shopping and America's most visited national park; Acadia.

Additional Details

Nearest MSA: Bangor
County: Hancock
Submarket Type: Port District
Tax ID/APN: 16/001
Zoning: ZONE B COMMERCIAL AND RESIDENTIAL
Site Description: The Village at Ocean's End is a well designed and developed single family subdivision located off the Main Street in downtown Southwest Harbor. This listing comprises the remaining 5 lots which can be sold as a package or separately.
Lot Frontage: 168
Zoning Description: Zone B
Part of Planned Development?: Yes
Development Name: Village at Ocean's End
Topography: Gently Sloping
Available Utilities: Electric, Water, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,252 2,951
Median Age: 47.11 48.06
Households: 609 1,431

Contact

Photograph of Listing Agent

Robert Baldacci

FO Bailey Real Estate
NECPE Member
Photograph of Listing Agent

David J Jones

F.O. Bailey Real Estate
NECPE Member
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