Lakefront Duplex with Private
For Sale
$519,000
108 Sandy Beach Road, Glenburn, ME 04401
Multi-Family, Glenburn, ME
Property Size2,153 SF
Lot Size0.40 Acres
Price / SF$241.06
Days on Market59
Property Features for 108 Sandy Beach Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Patio and Porch features
Deck, Porch
Interior features
Other Amenities, 1st Floor Bedroom, Pantry, Shower, Storage
Lot features
Other Location, Open, Level, Neighborhood
Standard status
Active
Size
2,153 SF
Lot size
0.40 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2933
Utilities
Sewer type
Septic Tank, Private Sewer
Heating system
Other (Heating), Propane (Heating)
Water source
Private, Well
Water front features
Waterfront, Lake
Water front
1
Amenities
heated enclosed porch
private shiplapped porch
40-foot aluminum dock
heated bathroom floors
Building Details
Year built
1960
Number of units
2
Flooring type
Tile, Wood, Laminate
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle, Metal
Architectural style
Cottage
Additional Structures
Other, Storage
Listing Agency:
Realty of Maine
(207) 942-6310
Listed By:
Patricia Largay
(207) 949-3060
Added: Aug 18
Changed: Oct 8
Last Checked: Oct 15 at 8:06AM
MLS# 1676647
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 duplex property consists of two fully renovated, year-round cottage homes totaling 2,153 square feet on 0.4 acres. One residence was rebuilt from the studs and includes a modern kitchen, first-floor bedroom, sleeping loft, heated bathroom floors, and an enclosed heated porch. The second cottage combines updated finishes with refinished countertops, stainless steel appliances, and its own shiplapped porch. Both homes feature wood-frame construction, private outdoor areas, and lake-oriented living space.
The property fronts Pushaw Lake in Glenburn and includes a 40-foot aluminum dock with a dedicated sunbathing platform. Additional features include propane heating, well water, private sewer, septic infrastructure, porches, and decks. Residential zoning and the two-home configuration support use as a duplex, short-term rental property, or an owner-occupied residence with a second dwelling.
The property fronts Pushaw Lake in Glenburn and includes a 40-foot aluminum dock with a dedicated sunbathing platform. Additional features include propane heating, well water, private sewer, septic infrastructure, porches, and decks. Residential zoning and the two-home configuration support use as a duplex, short-term rental property, or an owner-occupied residence with a second dwelling.
Key Highlights
- Two fully renovated, year‑round cottage homes totaling 2,153 square feet
- Pushaw Lake waterfront on 0.4 acres at 108 Sandy Beach Road, Glenburn, ME 04401
- 40‑foot aluminum dock with a dedicated sunbathing platform
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,731
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,620
$394.6K
Cap Rate 7%
$281,871
$281.9K
Cap Rate 9%
$219,233
$219.2K
Market Conditions
NOI Build-Up for 2,153 SF
Gross rent
$29.7K $13.80/SF
− Vacancy
−$1.5K −$0.71/SF
EGI
$28.2K $13.09/SF
− OpEx
−$8.5K −$3.93/SF
NOI
$19.7K $9.16/SF
Area
Penobscot County, ME
Vacancy
5.13%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,620
Cap Rate 7%
$281,871
Cap Rate 9%
$219,233
Alternative Uses
Best Use
Multifamily LT 5
$281.9K
$246.6K – $328.9K
NOI $19,731 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$259.2K
$226.8K – $302.5K
NOI $18,147 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$695.4K
$608.4K – $811.3K
NOI $48,675 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 04401, ME
44,608
Population
20,932
Households
2.1
Avg Household Size
40
Median Age
37%
College-Educated
96%
High-School Grad
100.1 sq mi
ZIP Area
446
Density / Sq Mi
$66,136
Median Household Income
$40,863
Median Earnings
$1,048
Median Rent
$229,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two year-round cottages offer separate porches, updated interiors, and flexible rental or owner-occupancy configurations.
Where is this duplex located?
The property is located at 108 Sandy Beach Road Glenburn, ME.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Two fully renovated, year‑round cottage homes totaling 2,153 square feet; Pushaw Lake waterfront on 0.4 acres at 108 Sandy Beach Road, Glenburn, ME 04401; 40‑foot aluminum dock with a dedicated sunbathing platform
