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    The Largest CRE Database in the US with Over 1 Million Listings

    201 Snowball Hill Rd New Harbor, ME 04554

    Sponsored
    For Sale
    $1,250,000

    COMMERCIAL - Bristol, ME

    Property size:
    3,472 SF
    Lot size:
    1.75 Acres
    Days on Market:
    8
    Last Refresh:
    Feb 2 at 6:06 pm

    Property Features for 201 Snowball Hill Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Shoreland/no water
    Rooms
    Basement
    Interior features
    Storage
    Basement
    Unfinished
    Size
    3,472 SF
    Lot size
    1.75 Acres

    Utilities

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

    Building Details

    Year built
    1920
    Flooring type
    Tile, Wood
    Building materials
    Wood Siding, Shingle Siding, Clapboard, Wood Frame
    Roof type
    Shingle, Composition
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Dana Moos

    Portside Real Estate Group (207) 619-7571

    Listing agent Dana Moos (207) 288-5818

    Listing date Jan 26, 2026

    MLS# 1636197

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Coastal Maine Inn and Cottages

    This commercial property, located in Bristol, Maine, comprises Laughton House and several cottages, situated steps from Pemaquid Beach and Fort William Henry. Laughton House is a year-round main house featuring 4 bedrooms, 2 baths, a spacious, light-filled living room, dining room, kitchen, and laundry. There is also Ocean Breeze Cottage, a seasonal cottage with 2 bedrooms and a full kitchen and sitting area. Additionally, there are High Tide Cottage, Low Tide Cottage, and Ebb Tide Cottage, all seasonal cottages with 1 bedroom, a full kitchen, and a sitting area. The property is located near New Harbor, Pemaquid Point, Boothbay, Rockland, and Camden. Guests can walk directly from the inn to the shoreline and the Pemaquid Lighthouse. The location is accessible, with Portland just 90 minutes away. The property benefits from high seasonal occupancy driven by tourist demand. The 1.75-acre site offers potential for expansion. The property size is 3472 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Suggested Use

    Restaurant Real Estate Agency Gym & Fitness Center Hotel & Motel Food Market Accounting Firm Grocery & Convenience Store Bakery Bed & Breakfast Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    New Harbor
    County
    Lincoln
    State
    Maine
    Longitude
    -69.5196913
    Latitude
    43.8745385

    Nearby Similar for Sale

    • $3,150,000
      7,084 SF

      Prime Restaurant and Wharf Opportunity

      Established restaurant and commercial wharf with diverse income streams for sale.
      127 State Route 32, New Harbor, ME 04554
      View Details

    FAQs

    What type of property is this?
    Bed & breakfast - Steps from Pemaquid Beach, offering strong guest appeal.
    Where is this bed & breakfast located?
    The property is located at 201 Snowball Hill Rd New Harbor, ME.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Prime location steps from Pemaquid Beach and Fort William Henry, near iconic Pemaquid Lighthouse.; - Multi-unit property comprised of a 4-bedroom main house (Laughton House) and four seasonal cottages.; - Strong rental income potential due to consistently high seasonal occupancy and tourist demand.
    (207) 266-5604
    Request Owner's contact information
    201 Snowball Hill Rd New Harbor, ME 04554
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    New Harbor, ME 04554
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    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
    201 Snowball Hill Rd New Harbor, ME 04554
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    We can help!
    Listing Contact
    Dana Moos
    (207) 266-5604
    Learn more
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