Oceanfront Two-Home Multifamily
For Sale
$1,250,000
8 Navy Street Ext., Searsport, ME 04974
Multi-Family, Searsport, ME
Property Size3,450 SF
Lot Size0.95 Acres
Price / SF$362.32
Days on Market52
Property Features for 8 Navy Street Ext.
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bathroom 3
Parking features
Open
Interior features
Walk-in Closets, In-Law Apartment, Bathtub, Pantry, Storage, Primary Bedroom w/Bath
Lot features
Open, Level, Near Shopping, Near Town
Standard status
Active
Size
3,450 SF
Lot size
0.95 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
18617
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Propane (Heating), Radiant, Space Heater, Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Water front features
Waterfront
Water front
1
Amenities
private beach
solar panels
EV charging station
garage
bonus room
Building Details
Year built
2022
Number of units
2
Flooring type
Wood, Tile, Vinyl
Building materials
Wood Frame, Clapboard, Fiber Cement, Shingle Siding, Wood Siding
Roof type
Fiberglass, Shingle
Architectural style
Victorian, Contemporary
Additional Structures
Storage, Outbuilding
Listing Agency:
Legacy Properties Sotheby's International Realty
(207) 230-1003
Listed By:
Tommy Uhll Alexandra Uhll
(207) 323-0532
Added: Jul 16
Changed: Sep 4
Last Checked: Sep 5 at 7:06PM
MLS# 1668367
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.
This multifamily property combines two separate residences on a waterfront parcel along Searsport Harbor. The original seasonal cottage offers five bedrooms, two baths, wood interiors, and a classic Victorian character. A newer contemporary residence provides three bedrooms, three baths, open living areas, natural light, and two ensuite bedrooms. Its lower level can accommodate additional living, media, studio, exercise, or in-law space, while a separate bonus room supports hobby or workshop use.
The property includes a private beach and direct waterfront setting suited to coastal recreation. Solar panels, an attached two-car garage, and an EV charging station add practical features to the newer home. Public water and public sewer serve the property, which is zoned Residential. The two-home configuration supports multigenerational use, owner occupancy with guest accommodations, or a shared family compound, with the source also identifying seasonal rental income as a possible use.
The property includes a private beach and direct waterfront setting suited to coastal recreation. Solar panels, an attached two-car garage, and an EV charging station add practical features to the newer home. Public water and public sewer serve the property, which is zoned Residential. The two-home configuration supports multigenerational use, owner occupancy with guest accommodations, or a shared family compound, with the source also identifying seasonal rental income as a possible use.
Key Highlights
- Two residences on a 0.95‑acre oceanfront parcel along Searsport Harbor
- Total property size of 3,450 Square Feet
- Seasonal cottage with 5 bedrooms and 2 baths
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Explore this area
Business Placement
Demographics for 04974, ME
2,649
Population
1,628
Households
1.6
Avg Household Size
50
Median Age
28%
College-Educated
95%
High-School Grad
28.7 sq mi
ZIP Area
92
Density / Sq Mi
$61,283
Median Household Income
$42,955
Median Earnings
$891
Median Rent
$242,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two residences share a waterfront parcel with a private beach, year-round living space, and flexible guest or household accommodations.
Where is this multifamily property located?
The property is located at 8 Navy Street Ext. Searsport, 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: Two residences on a 0.95‑acre oceanfront parcel along Searsport Harbor; Total property size of 3,450 Square Feet; Seasonal cottage with 5 bedrooms and 2 baths
