Waterfront Multifamily
New
For Sale
$799,000
177175 177 & 175 Kitchen Hill Rd, Newport, ME 04953
Includes a furnished cottage currently rented year-round and a separate main residence.
Property Size1,728 SF
Price / SF$462.38
Days on Market3
Property Features for 177175 177 & 175 Kitchen Hill Rd
General Information
Standard status
Active
Size
1,728 SF
Property subtype
Multi-Family
Building Details
Year Built
1961
Listing Agency:
Better Homes & Gardens Real Estate/The Masiello Group
Listed By:
Melissa Bartlett
(207) 942-6711
Source:
603luxury
Added: Sep 11
Last Checked: Sep 12 at 11:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes & Gardens Real Estate/The Masiello Group
Investment Insights
Based on property information with market context.
This waterfront multifamily property on Lake Sebasticook includes a main residence and a separate furnished cottage. The primary home offers 2+ bedrooms, 1.5 baths, an office, den, wood flooring, custom cabinetry, Pella windows and doors, and a lakeside living room with pellet stove access to the deck. The primary bedroom has double closets and a private balcony facing the lake. A new HWBB heating system was installed in 2026.
The one-bedroom cottage includes a full bath, laundry hookups, HWBB heat, and a screened porch overlooking the water. It is rented year-round. Outdoor features include multiple decks, a fire pit, a spacious yard, and an aluminum dock. Additional improvements include a paved driveway, heated 3-bay garage with storage above, and a Generac generator serving all buildings. The property was built in 1961 and has year-round access via a town-maintained road.
The one-bedroom cottage includes a full bath, laundry hookups, HWBB heat, and a screened porch overlooking the water. It is rented year-round. Outdoor features include multiple decks, a fire pit, a spacious yard, and an aluminum dock. Additional improvements include a paved driveway, heated 3-bay garage with storage above, and a Generac generator serving all buildings. The property was built in 1961 and has year-round access via a town-maintained road.
Key Highlights
- Lake Sebasticook waterfront setting with aluminum dock
- Main home includes 2+ bedrooms, 1.5 baths, office, and den
- Furnished cottage offers 1 bedroom, 1 full bath, and year‑round rental use
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 04953, ME
3,139
Population
1,830
Households
1.7
Avg Household Size
47
Median Age
29%
College-Educated
92%
High-School Grad
29.5 sq mi
ZIP Area
106
Density / Sq Mi
$62,708
Median Household Income
$46,538
Median Earnings
$884
Median Rent
$213,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Includes a furnished cottage currently rented year-round and a separate main residence.
Where is this multifamily property located?
The property is located at 177175 177 & 175 Kitchen Hill Rd Newport, ME.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Lake Sebasticook waterfront setting with aluminum dock; Main home includes 2+ bedrooms, 1.5 baths, office, and den; Furnished cottage offers 1 bedroom, 1 full bath, and year‑round rental use
