Two-Home Oceanfront Income
For Sale
$1,250,000
8 Navy Street Ext., Searsport, ME 04974
Searsport Harbor includes a seasonal cottage and contemporary year-round residence with private beachfront access.
Property Size3,450 SF
Price / SF$362.32
Days on Market40
Property Features for 8 Navy Street Ext.
General Information
Standard status
Active
Size
3,450 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
2022
Buildings
2
Listing Agency:
Legacy Properties Sotheby's International Realty
Listed By:
Tommy Uhll Alexandra Uhll
Source:
Soldbymichaelthomas
Added: Jul 24
Changed: Aug 29
Last Checked: Aug 31 at 6:34PM
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 Legacy Properties Sotheby's International Realty
Investment Insights
Based on property information with market context.
This 3,450-square-foot waterfront property at 8 Navy Street Extension includes two separate residences on one parcel. The seasonal cottage offers 5 bedrooms, 2 baths, and wood interiors, while the contemporary home provides 3 bedrooms, 3 baths, open living areas, abundant natural light, and two ensuite bedrooms. The newer residence was built in 2022 and includes a spacious lower level, a separate bonus room, solar panels, and an attached 2-car garage with EV charging.
Set along Searsport Harbor, the property includes a private beach and supports a range of residential configurations, including personal use, multi-generational occupancy, guest accommodations, or a combination of owner occupancy and seasonal rental income. The lower level can accommodate additional living space, a media room, studio, exercise area, or in-law suite, while the bonus room offers space for hobbies or workshop use.
Set along Searsport Harbor, the property includes a private beach and supports a range of residential configurations, including personal use, multi-generational occupancy, guest accommodations, or a combination of owner occupancy and seasonal rental income. The lower level can accommodate additional living space, a media room, studio, exercise area, or in-law suite, while the bonus room offers space for hobbies or workshop use.
Key Highlights
- Two residences on one Searsport Harbor waterfront parcel
- 3,450 square feet with 5‑bedroom, 2‑bath seasonal cottage
- Contemporary home has 3 bedrooms, 3 baths, and two ensuite bedrooms
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Explore this area
Business Placement
Demographics for 04974, ME
2,649
Population
1,628
Households
1.6
Avg Household Size
50
Median Age
28%
College-Educated
95%
High-School Grad
28.7 sq mi
ZIP Area
92
Density / Sq Mi
$61,283
Median Household Income
$42,955
Median Earnings
$891
Median Rent
$242,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Residential income property - Searsport Harbor includes a seasonal cottage and contemporary year-round residence with private beachfront access.
Where is this residential income property located?
The property is located at 8 Navy Street Ext. Searsport, ME.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two residences on one Searsport Harbor waterfront parcel; 3,450 square feet with 5‑bedroom, 2‑bath seasonal cottage; Contemporary home has 3 bedrooms, 3 baths, and two ensuite bedrooms
