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    16/28 Blodgett Ln Bar Harbor, ME 04609

    For Sale
    $985,000

    MULTI_FAMILY - Other - Bar Harbor, ME

    Property size:
    5,898 SF
    Lot size:
    3.45 Acres
    Days on Market:
    101
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 16/28 Blodgett Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Town HIll Res
    Rooms
    Bathroom 5, Bathroom 3, Bathroom 6, Bathroom 7, Bathroom 4, Bathroom 1, Bathroom 2
    Pets allowed
    No
    Interior features
    1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath
    Basement
    Full, Crawl Space
    Size
    5,898 SF
    Lot size
    3.45 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Baseboard, Hot Water(Heating)
    Water source
    Well, Private

    Building Details

    Year built
    1992
    Number of units
    5
    Flooring type
    Carpet, Vinyl
    Building materials
    Shingle Siding, Clapboard, Wood Frame
    Roof type
    Shingle
    Architectural style
    Other

    The Knowles Company (207) 276-3322 [email protected]

    Listing agent William Burnett (207) 276-3322

    Listing date Aug 27, 2025

    MLS# 1631358 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income Property with Two Homes

    This property features two independent homes situated on a 3.45-acre wooded lot a few miles north of Bar Harbor. The property is configured with a total of 5 independent apartments, offering the option to live in one and rent the remaining units. Each house has its own well and septic system and is accessed by a private, paved road. The first house, #16, features 3 bedrooms and 2 full baths on the first floor, and 2 bedrooms and 1 full bath on the second floor, each with a full-size kitchen and separate entrance stairway. Additionally, there is an insulated bonus room with its own entrance and a one-car garage currently used as a wood shop. The second house, #28, includes 2 bedrooms and 1.5 baths on the first floor, and 2 bedrooms and 1 bath on the second floor with a separate entrance stairway. A studio apartment with a partitioned bedroom area, full bath, and kitchenette also has a private staircase entry. House #28 has an attached 2-car garage. Each home includes a sun porch and its own generator. The property, totaling 5898 square feet, presents a strong opportunity for income and flexible living.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bar Harbor
    County
    Hancock
    State
    Maine
    Longitude
    -68.356133
    Latitude
    44.418392

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    FAQs

    What type of property is this?
    Apartment building - Two homes on 3.45 acres near Bar Harbor.
    Where is this apartment building located?
    The property is located at 16/28 Blodgett Ln Bar Harbor, ME.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: - High-quality income property with **two independent homes on 3.45 +\/- acres**, offering significant rental income potential.; - Flexible living options: live in one unit/house and rent the others, or rent all units.; - Each house has its own well, septic system, private paved road, and generator.
    (207) 276-3322
    Request Owner's contact information
    16/28 Blodgett Ln Bar Harbor, ME 04609
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    Bar Harbor, ME 04609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16/28 Blodgett Ln Bar Harbor, ME 04609
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