Sign Up Successful!
You now have access to more from Realmo!
    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

    40 Jesses Bch Way Way Ellsworth, ME 04605

    Sponsored
    For Sale
    $229,000

    Single - Ellsworth, ME

    Type:Single Family Residence
    Lot size:
    78,408.00 Acres
    Days on Market:
    64
    Last Refresh:
    Jan 29 at 2:06 am

    Property Features for 40 Jesses Bch Way Way

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    78,408.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Robert McKenney

    Better Homes and Gardens-The Masiello Group (800) 741-1540

    Listing agent Robert McKenney (207) 667-7423

    Listing date Nov 27, 2025

    MLS# 1638696 Listing URL

    Copyright © 2026 Better Homes and Gardens-The Masiello Group. 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

    Overview

    Ellsworth Land with Lake View

    This 1.8-acre parcel features 235 feet of frontage, offering a setting for a home or vacation getaway. The lot has been partially cleared and includes a driveway, providing access and a view of the lake. Located in a country setting, the property combines privacy and natural beauty while being a short drive from Ellsworth's shops, dining, and amenities. It is suitable for year-round living or a seasonal retreat.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Ellsworth
    County
    Hancock
    State
    Maine
    Longitude
    -68.4173
    Latitude
    44.641521

    Nearby Similar for Sale

    • $710,900
      3,500 SF

      New Ellsworth Duplex Under Construction

      Energy-efficient, custom-built duplex near downtown Ellsworth. Investment opportunity.
      135 Surry Rd, Ellsworth, ME 04605
      View Details
    • $939,000
      8,848 SF

      Versatile Commercial Property, Ellsworth, ME

      Three buildings on 8.28 acres near downtown Ellsworth.
      248 Bucksport Rd, Ellsworth, ME 04605
      View Details
    • $785,000
      4,048 SF

      Ellsworth Commercial Building on Main

      Classic brick building in vibrant downtown Ellsworth.
      93 Main St, Ellsworth, ME 04605
      View Details
    • $925,000
      9,425 SF

      Historic Ellsworth Buildings with Restaurant

      Two historic buildings with a successful restaurant and office spaces.
      52 Main & State St, Ellsworth, ME 04605
      View Details
    • New
      $950,000
      7,488 SF

      Main Street Investment Opportunity

      Historic mixed-use building in thriving downtown location with income potential.
      108 Main St, Ellsworth, ME 04605
      View Details
    • New
      $950,000
      7,488 SF

      Main Street Mixed-Use Investment

      Historic mixed-use building in thriving downtown location with income potential.
      108 Main St, Ellsworth, ME 04605
      View Details
    • $339,000
      2,039 SF

      Downtown Ellsworth Income Property with Barn

      Versatile 4-bedroom property in historic downtown Ellsworth with income potential.
      35 Church St, Ellsworth, ME 04605
      View Details
    • $575,000
      Pending

      Ellsworth Commercial Building For Sale

      Large commercial building with showroom, offices, and warehouse space.
      25 Douglas Hwy, Ellsworth, ME 04605
      View Details
    • $399,000
      1 SF

      Mobile Home Park with Expansion

      Mobile home park with expansion potential in Ellsworth, Maine.
      85 Atlantic Hwy Hwy, Ellsworth, ME 04605
      View Details
    • Contact for pricing
      35,800 SF

      Maine Storage Plus Facility

      309-unit storage facility on 30+ acres near Acadia National Park.
      255 Bucksport Rd, Ellsworth, ME 04605
      View Details
    • $7,950,000

      Retail Strip Center For Sale

      Retail strip center in Ellsworth, Maine, near Bar Harbor.
      248 State St, Ellsworth, ME 04605
      View Details
    • $679,000
      4,192 SF

      Ellsworth Mixed-Use Property - $679K

      Spacious Mixed-Use Property, 5.56 Acres
      27 Puddleglum Way, Ellsworth, ME 04605
      View Details

    FAQs

    What type of property is this?
    Land - 1.8 acre lot with lake view and driveway in place.
    Where is this land located?
    The property is located at 40 Jesses Bch Way Way Ellsworth, ME.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: - 1.8 acre parcel with 235 feet of lake frontage.; - Partially cleared lot with driveway in place.; - Wonderful lake view.
    (207) 667-7423
    Request Owner's contact information
    40 Jesses Bch Way Way Ellsworth, ME 04605
    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.
    40 Jesses Bch Way Way
    Ellsworth, ME 04605
    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
    40 Jesses Bch Way Way Ellsworth, ME 04605
    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
    Robert McKenney
    (207) 667-7423
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.