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Three-Home Short-Term Rental Property

791 Lamoine Beach Road, Lamoine, ME 04605

For Sale
$1,337,500

The one-acre parcel includes two operating rentals and a historic residence requiring full restoration.

Property Size3,400 SF
Lot Size1.00 Acre
Price / SF$393.38
Days on Market254

Property Features for 791 Lamoine Beach Road

General Information

Standard status Active
Size 3,400 SF
Lot size 1.00 Acre
Property subtype Commercial
Zoning Res

Additional Details

Multifamily Units 3
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $6,783

Amenities

Storage

Building Details

Building Size 3,400 SF
Year Built 1970
Buildings 3
Listing Agency: Portside Real Estate Group
Listed By: Anne McKechnie
Source: Amerorealty
Added: Mar 1 Changed: Nov 7 Last Checked: Nov 9 at 12:11PM

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 Portside Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

Three separate residences occupy this one-acre property in Lamoine. The 2004-built farmhouse offers four bedrooms, three and a half bathrooms, an attached two-car garage, and a full basement. A separate cottage has two bedrooms and one bathroom; both homes are currently used for short-term rentals. The third residence dates to circa 1795 and has a foundation and basement completed in 2022. It is intended for full restoration.

The property is at 791 Lamoine Beach Road, with Lamoine State Park, a beach, and services in Ellsworth cited as nearby destinations. Zoning is Res.

Key Highlights

  • Three separate homes on 1 acre
  • Two residences currently operate as short‑term rentals
  • 2004 farmhouse with 4 bedrooms, 3.5 bathrooms, attached 2‑car garage, and full basement

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

Demographics for 04605, ME

13,651
Population
9,188
Households
1.5
Avg Household Size
47
Median Age
39%
College-Educated
96%
High-School Grad
265.4 sq mi
ZIP Area
51
Density / Sq Mi
$72,083
Median Household Income
$42,262
Median Earnings
$983
Median Rent
$230,900
Median Home Value
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - The one-acre parcel includes two operating rentals and a historic residence requiring full restoration.
Where is this short term rental property located?
The property is located at 791 Lamoine Beach Road Lamoine, ME.
What is the asking price?
The asking price for this property is $1,337,500.
What are key features of this property?
This property features: Three separate homes on 1 acre; Two residences currently operate as short‑term rentals; 2004 farmhouse with 4 bedrooms, 3.5 bathrooms, attached 2‑car garage, and full basement
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