Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    166 Mud Creek Rd Hancock, ME 04640

    View on Map
    Sponsored
    For Sale
    $525,000

    MULTI_FAMILY - Ranch - Hancock, ME

    Type:Single Family Residence
    Property size:
    2,782 SF
    Lot size:
    3.25 Acres
    Days on Market:
    7
    Last Refresh:
    Mar 9 at 6:06 pm

    Property Features for 166 Mud Creek Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    Rural
    Rooms
    Bathroom 3, Basement, Bathroom 1, Bathroom 2
    Patio and Porch features
    Deck
    Interior features
    Walk-in Closets, In-Law Apartment, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Attic, One-Floor Living, Pantry, Shower, Storage, Primary Bedroom w/Bath
    Basement
    Full, Walk-Out Access, Unfinished
    Size
    2,782 SF
    Lot size
    3.25 Acres

    Utilities

    Sewer type
    Private Sewer, Septic Tank
    Heating system
    Wood Stove, Pellet Stove, Heat Pump (Heating), Forced Air, Wood
    Cooling system
    Heat Pump
    Water source
    Private, Well
    Water front
    1

    Building Details

    Year built
    1986
    Number of units
    2
    Flooring type
    Carpet, Vinyl
    Building materials
    Log Siding, Fiber Cement, Wood Frame
    Roof type
    Shingle
    Architectural style
    Ranch
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Mariya Doncheva

    Realty of Maine (207) 942-6310

    Listing agent Mariya Doncheva (207) 942-6310

    Listing date Mar 2, 2026

    MLS# 1643840 Listing URL

    Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Versatile Ranch in Hancock, Maine

    Located at the end of a quiet cul-de-sac in Hancock, Maine, this property offers versatile living on 3.25 acres. The property includes a main residence and a fully finished apartment above the garage. The log-sided main house features single-level living with two bedrooms, one full bath, a kitchen, and a living area. The apartment space above the garage offers over 1,500 square feet of living space with vaulted ceilings, windows, an open kitchen/living area, a primary bedroom with a half bath, a full bath with laundry, and a separate office or flex room. The garage was originally a 4-bay, now configured as a 3-car garage with a storage room. The grounds include gardens, fruit trees, and a chicken coop. It also has deeded access to 150 feet on Mt. Desert Narrows. The property has solar panels, wood stoves, a heat pump, and strong internet. It is located 10 minutes from Ellsworth and 25 minutes from Acadia National Park. The property is legally a single family home. The property has potential as an income-producing property in a high-demand vacation rental area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Building Supply Auto Repair Shop Big Box & Wholesale Store Gym & Fitness Center Department Store Storage Facility Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Hancock
    County
    Hancock
    State
    Maine
    Longitude
    -68.32537
    Latitude
    44.528635

    Nearby Similar for Sale

    • $950,000
      7,024 SF

      Commercial Property Near Acadia National Park

      Versatile commercial property on Route 1, near Acadia National Park.
      1545 Us Hwy 1, Hancock, ME 04640
      View Details

    FAQs

    What type of property is this?
    Single family property - Spacious main house with apartment on 3.25 acres.
    Where is this single family property located?
    The property is located at 166 Mud Creek Rd Hancock, ME.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - 3.25 acres in a quiet cul-de-sac with deeded access to 150 feet on Mt. Desert Narrows.; - Main residence plus a **fully finished 1,500 sq ft apartment above the garage**, ideal for multi-generational living, guests, or rental income.; - Convenient location: 10 minutes to Ellsworth, 25 minutes to Acadia National Park, and a short drive to Bar Harbor.
    (207) 404-3368
    Request Owner's contact information
    166 Mud Creek Rd Hancock, ME 04640
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    166 Mud Creek Rd
    Hancock, ME 04640
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    166 Mud Creek Rd Hancock, ME 04640
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mariya Doncheva
    (207) 404-3368 (207) 942-6310
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!