Historic Naples Barn Investment
679 Roosevelt Trail, Naples, ME 04055
MULTI_FAMILY - Other - Naples, ME
Property size:
6,974 SFLot size:
1.32 AcresPrice / SF:
$279/SF- Added:
- Apr 21, 2026
- Days on Market:
- 77
- Last Refresh:
- Jul 6 at 11:06 pm
Property Features for 679 Roosevelt Trail
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Commercial
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 1, Basement
- Parking features
- Offsite
- Patio and Porch features
- Porch, Deck
- Interior features
- Attic, Shower
- Basement
- Full
- Standard status
- Active
- Size
- 6,974 SF
- Lot size
- 1.32 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8932
Utilities
- Sewer type
- Private Sewer, Septic Tank
- Heating system
- Heat Pump (Heating), Space Heater, Electric (Heating), Propane (Heating)
- Cooling system
- Heat Pump
- Water source
- Well, Private
- Water front features
- Lake
- Water front
- 1
Building Details
- Year built
- 1785
- Number of units
- 3
- Flooring type
- Wood, Laminate
- Building materials
- Wood Frame, Wood Siding
- Roof type
- Metal, Shingle
- Architectural style
- Other
Listing agent Constance Eldridge (207) 831-0890
Listing office Pine Tree Realty of Maine 947 Roosevelt Trl, Windham, ME (207) 693-9111
Listing date Apr 21, 2026
MLS# 1651960
Listing URL
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.
HighLights
- Originally built in 1785, featuring three Airbnb units: two in the farmhouse and a third Historic Cupola from the Bay of Naples Hotel (built 1899).
- Each of the three units has been fully renovated for Airbnb stays.
- Recent upgrades include new windows, new roof, updated electrical, new septic system, improved plumbing, new decks, and fresh asphalt parking.
- Lake waterfront property with private well water and private sewer (septic tank and private sewer).
- Heating includes heat pump plus electric, propane, and space heater; cooling is provided by a heat pump.
- Roof materials include shingle and metal; construction is wood frame with wood siding, with deck and porch features.
Overview
Located in Naples, "The Naples Barn" is a unique property combining historic charm with contemporary comforts. Originally built in 1785, it now features three Airbnb units. Two units are located within the Farmhouse, while the third is the Historic Cupola from the Bay of Naples Hotel. The Cupola, constructed in 1899, was once a prominent feature overlooking the Naples Causeway until the hotel's demolition in 1960. Each unit has been fully renovated to provide upscale accommodations. The barn area operates seasonally as an antique shop, offering unique finds for visitors. In addition, the end unit of the property serves as a café. The property is conveniently located within walking distance to the Naples Causeway, granting easy access to restaurants, swimming, boating, fishing, and shopping. The property, with a lot size of 1.32 acres and a property size of 6974 square feet, has undergone numerous recent upgrades, including new windows, a new roof, updated electrical systems, a new septic system, new decks, improved plumbing, and fresh asphalt parking. This is a great investment opportunity.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $221.8k | $31.80 |
| − Vacancy | −$13.3k | −$1.91 |
| EGI | $208.5k | $29.89 |
| − OpEx | −$93.8k | −$13.45 |
| NOI | $114.7k | $16.44 |
6,974 SF · lease $31.80/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.64M
$1.43M – $1.91M
NOI $114,657 @ 7.0% cap · market cap 5.88%
Second Best
Specialty Retail
$1.12M
$976.8K – $1.30M
NOI $78,144 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,177 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Bed & breakfasts
Similar Places Nearby
- Bayview Cabins — 750 Roosevelt Trail, Naples, ME 04055
- Lakeview Inn — 15 Lake House Rd, Naples, ME 04055
- The Barn — 697 Roosevelt Trail, Naples, ME 04055
- Maine Condo — Hydrangea Cir, Naples, ME 04055
Location Insight
- Map
- Local Demand
- City
- Naples
- County
- Cumberland
- State
- Maine
- Longitude
- -70.594468
- Latitude
- 43.970382
FAQs
What type of property is this?
Bed & breakfast - Unique property with Airbnb units, antique shop, and cafe.
Where is this bed & breakfast located?
The property is located at 679 Roosevelt Trail Naples, ME.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Originally built in 1785, featuring three Airbnb units: two in the farmhouse and a third Historic Cupola from the Bay of Naples Hotel (built 1899).; Each of the three units has been fully renovated for Airbnb stays.; Recent upgrades include new windows, new roof, updated electrical, new septic system, improved plumbing, new decks, and fresh asphalt parking.
