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Two-Home Multifamily Property
For Sale
$325,000
Pending

4 Pine Meadows Drive, Hancock, ME 04640

Two slab-built residences share a private well and include propane-fueled cooking, heating, and hot water systems.

Property Size2,200 SF
Days on Market396

Property Features for 4 Pine Meadows Drive

General Information

Standard status Pending
Size 2,200 SF
Property subtype Multi-Family
Zoning RES

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,892

Amenities

Hot Water, Baseboard
1
Not Applicable
Wood, Vinyl, Carpet
No
Yes
Laundry - 1st Floor, Main Level
1st Floor Bedroom
Slab
2.50
3
2.10
Shingle
Wood Siding, Wood Frame

Building Details

Year Built 1992
Buildings 2
Units 2
Listing Agency: NextHome Experience
Listed By: Carolyn Fish Jason Fish · License #BR107156,PersonLicenseNumber
Source: Compass
Added: Aug 1, 2025 Changed: Aug 30 Last Checked: Aug 31 at 12:24AM

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 NextHome Experience

Investment Insights

Based on property information with market context.

This multifamily property contains two residences totaling 2,200 square feet. One home has three bedrooms and one bathroom, while the second includes two bedrooms and one bathroom. Both structures are slab-built and share a private well. Propane-fueled equipment provides cooking, hot water, and heating, and the property was built in 1992.

Located at 4 Pine Meadows Drive in Hancock, Maine, the property abuts conservation land and sits near Kilkenny Cove Preserve. Ellsworth is nearby, with Bar Harbor and Acadia National Park within reach. Residential zoning supports the existing housing configuration.

Key Highlights

  • Two residences totaling 2,200 SF
  • One home has 3 bedrooms and 1 bath; the second has 2 bedrooms and 1 bath
  • Both homes were built on slabs and share a private well

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Electrical Service Bakery Big Box & Wholesale Store Auto Repair Shop Real Estate Agency Pet Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 04640, ME

2,421
Population
1,454
Households
1.7
Avg Household Size
49
Median Age
33%
College-Educated
95%
High-School Grad
29.3 sq mi
ZIP Area
83
Density / Sq Mi
$69,504
Median Household Income
$41,068
Median Earnings
$1,158
Median Rent
$237,900
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?
Multifamily property - Two slab-built residences share a private well and include propane-fueled cooking, heating, and hot water systems.
Where is this multifamily property located?
The property is located at 4 Pine Meadows Drive Hancock, ME.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two residences totaling 2,200 SF; One home has 3 bedrooms and 1 bath; the second has 2 bedrooms and 1 bath; Both homes were built on slabs and share a private well
More about this property
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