$1,575,000
( $152.71Per Sq Foot )
 $8,455 est/mo Sourced by Back At You

220 Bristol Road , Damariscotta, ME 04543

Damariscotta, ME 04543

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Description

Rare opportunity to acquire a prime redevelopment property in Midcoast Maine. Nestled on nearly 40 acres, the Down Easter Inn in the picturesque town of Damariscotta, Maine, is a charming retreat steeped in rich heritage. With roots dating back centuries, this esteemed establishment is listed on the National Register of Historic Places boasting a Greek Revival façade that exudes timeless elegance. The main house plays host to nine bedrooms (some with their own fireplace), reception area, impressive front porch, dining room, living room, and kitchen. 22 guest rooms were added in the 1980s, each with their own ensuite. Adjacent to the inn, the cottage offers a private retreat with two-bedrooms, living room, kitchen, and bathroom. A separate two-car garage allows for additional storage or alternate use (bike rental storage, fitness center, gift shop, etc.), and the expansive grounds are ideal for weddings, games, and other events. Conveniently located just a short drive from Pemaquid Beach, Boothbay Harbor, and other local attractions, the Down Easter Inn presents a prime investment opportunity for Maine's thriving hospitality market.

Details

MLS#1595038
Listing TypeFor Sale
HOA Dues$60
Sub-TypeResale
StatusActive
Year1950
Days On Site103
Listing Provided ByKeller Williams Realty | David Costello

Features

SQ Feet10,314
BasementY
ZoningCommercial
Acreage39.92
Water FrontRiver

Market Activity 04543

    
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved.

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Learn More About This Property

StateME
CountyLincoln
CityDamariscotta
Zip Code04543
Listing VS Median (in 04543)
Price:
$1,575,000
low | high
Med:
$399,000
100% of Average
SqFt:
10,314
low | high
Med:
2,480
100% of Average
$ / SqFt:
$153
low | high
Med:
$161
44.641935483871% of Average
On Site:
103
low | high
Med:
5.000000
100% of Average
Sourced by Back At You
Listing Updated: September 19, 2024 at 11:51:51 AM PDT