Historic Barn with Three Airbnb
679 Roosevelt Trail Naples, ME 04055
679 Roosevelt Trail, Naples, ME, 04055
$1,950,000
For Sale
$1,950,000
MULTI_FAMILY - Other - Naples, ME
Property Size6,974 SF
Lot Size1.32 Acres
Price / SF$279.61
Days on Market93
Property Features for 679 Roosevelt Trail
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Commercial
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1, Basement
- Parking features
- Offsite
- Patio and Porch features
- Porch, Deck
- Interior features
- Attic, Shower
- Basement
- Full
- Standard status
- Active
- Size
- 6,974 SF
- Lot size
- 1.32 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8932
Utilities
- Sewer type
- Private Sewer, Septic Tank
- Heating system
- Space Heater, Electric (Heating), Propane (Heating), Heat Pump (Heating)
- Cooling system
- Heat Pump
- Water source
- Well, Private
- Water front features
- Lake
- Water front
- 1
Building Details
- Year built
- 1785
- Number of units
- 3
- Flooring type
- Laminate, Wood
- Building materials
- Wood Frame, Wood Siding
- Roof type
- Metal, Shingle
- Architectural style
- Other
Listing agency
Pine Tree Realty of Maine
(207) 693-9111
Listed by
Constance Eldridge
(207) 831-0890
Added: Apr 21 Updated: Jul 12 at 8:32AM Checked: Jul 22 at 11:06AM
MLS# 1651960
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.
Investment Insights
Based on property information with market context.
The Naples Barn is a historic property originally built in 1785 and renovated to support three Airbnb units. Two units are located within the Farmhouse, and the third is the Historic Cupola from the former Bay of Naples Hotel, constructed in 1899. In addition to the lodging units, the barn area operates seasonally as an antique shop, and the end unit serves as a café.
Recent upgrades include new windows, a new roof, updated electrical systems, improved plumbing, a new septic system, new decks, and fresh asphalt parking. The property is within walking distance to the Naples Causeway, with convenient access to nearby dining and outdoor recreation.
The offering is zoned for commercial use and sits on approximately 1.32 acres.
Recent upgrades include new windows, a new roof, updated electrical systems, improved plumbing, a new septic system, new decks, and fresh asphalt parking. The property is within walking distance to the Naples Causeway, with convenient access to nearby dining and outdoor recreation.
The offering is zoned for commercial use and sits on approximately 1.32 acres.
Key Highlights
- Originally built in 1785; wood‑frame, wood‑siding structure with a mix of shingle and metal roofing
- Features 3 Airbnb units: 2 within the farmhouse and 1 historic cupola unit from the Bay of Naples Hotel (constructed in 1899)
- Each unit has been fully renovated for guest accommodations
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $221.8k | $31.80 |
| − Vacancy | −$13.3k | −$1.91 |
| EGI | $208.5k | $29.89 |
| − OpEx | −$93.8k | −$13.45 |
| NOI | $114.7k | $16.44 |
6,974 SF · lease $31.80/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.64M
$1.43M – $1.91M
NOI $114,657 @ 7.0% cap · market cap 5.88%
Second Best
Specialty Retail
$1.12M
$976.8K – $1.30M
NOI $78,144 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,177 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
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FAQs
What type of property is this?
Short term rental property - Historic property with three renovated Airbnb units and a seasonal barn antique shop, plus an end-unit café.
Where is this short term rental property located?
The property is located at 679 Roosevelt Trail Naples, ME.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Originally built in 1785; wood‑frame, wood‑siding structure with a mix of shingle and metal roofing; Features 3 Airbnb units: 2 within the farmhouse and 1 historic cupola unit from the Bay of Naples Hotel (constructed in 1899); Each unit has been fully renovated for guest accommodations
