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Bed and Breakfast Estate
For Sale
$1,800,000

10 S Arm Road, Andover, ME 04226

Commercial Sale, Andover, ME

Property Size9,600 SF
Lot Size126.00 Acres
Price / SF$187.50
Days on Market42

Property Features for 10 S Arm Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mixed
Rooms Basement
Basement Full, Walk-Out Access
Lot features Other Location, Rural
Standard status Active
Size 9,600 SF
Lot size 126.00 Acres

Utilities

Sewer type Private Sewer
Heating system Forced Air, Electric (Heating), Baseboard, Wood, Oil, Wood Stove
Water source Private

Building Details

Flooring type Wood, Linoleum
Building materials Wood Frame, Wood Siding
Roof type Composition
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Jason Clark · License #BA929485
Added: Jul 11 Changed: Aug 19 Last Checked: Aug 21 at 7:06PM
MLS# 1632205

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.

Merrill House is a historic country estate comprising a 9,600-square-foot main residence, a caretaker’s cottage, garages, and workshop space. The principal home includes 16 bedrooms, 7 bathrooms, a formal dining room, and a Great Hall. Six acres feature maintained lawns, trails, and mountain views, while the broader property includes wooded acreage and outdoor recreation resources. Construction includes wood framing and wood siding, with wood and linoleum flooring, composition roofing, and a combination of oil, wood, electric, forced-air, baseboard, and wood-stove heating. The property has private water and sewer systems, updated plumbing, and 200-amp electrical service.

Located at 10 S Arm Road in Andover, Maine, the property is approximately 30 minutes from Bethel, Sunday River, and Black Mountain ski areas. The Appalachian Trail is approximately 12 minutes away, while Rangely, Portland International Jetport, and North Conway are approximately 1 hour, 90 minutes, and 90 minutes away, respectively. Existing accommodations support three-season occupancy for up to 32 overnight guests and four-season occupancy for up to 12 guests.

Key Highlights

  • 126‑acre estate at 10 S Arm Road, Andover, ME 04226
  • 9,600‑square‑foot main residence with 16 bedrooms and 7 bathrooms
  • Six acres of manicured lawns, trails, and mountain views

Property Analytics

Current Use

Bed & breakfasts

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Real Estate Agency Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

Well-served
Demand for This Use

Demographics for 04226, ME

88
Population
43
Households
2
Avg Household Size
66
Median Age
43%
College-Educated
91%
High-School Grad
4.9 sq mi
ZIP Area
18
Density / Sq Mi
$37,375
Median Household Income
$14,583
Median Earnings
$147,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Bed & breakfast - Historic Maine estate with mixed zoning, private utilities, guest accommodations, and flexible hospitality use potential.
Where is this bed & breakfast located?
The property is located at 10 S Arm Road Andover, ME.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 126‑acre estate at 10 S Arm Road, Andover, ME 04226; 9,600‑square‑foot main residence with 16 bedrooms and 7 bathrooms; Six acres of manicured lawns, trails, and mountain views
More about this property
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