Oceanfront Two-Home Multifamily
8 Navy Street Ext., Searsport, ME 04974
For Sale
$1,500,000
Multi-Family, Searsport, ME
Property Size3,450 SF
Lot Size0.95 Acres
Price / SF$434.78
Days on Market122
Property Features for 8 Navy Street Ext.
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Parking features
Interior features
Lot features
Standard status
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Water front features
Water front
Amenities
private beachfront
solar panels
EV charging station
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Architectural style
Additional Structures
Buildings
Listing Agency:
Legacy Properties Sotheby's International Realty
(207) 230-1003
Listed By:
Tommy Uhll Alexandra Uhll
(207) 323-0532
Added: Jul 16
Changed: Oct 27
Last Checked: Nov 14 at 1:06AM
MLS# 1668367
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property combines two separate residences on a waterfront parcel along Searsport Harbor. The original seasonal cottage offers five bedrooms, two baths, wood interiors, and a classic Victorian character. A newer contemporary residence provides three bedrooms, three baths, open living areas, natural light, and two ensuite bedrooms. Its lower level can accommodate additional living, media, studio, exercise, or in-law space, while a separate bonus room supports hobby or workshop use.
The property includes a private beach and direct waterfront setting suited to coastal recreation. Solar panels, an attached two-car garage, and an EV charging station add practical features to the newer home. Public water and public sewer serve the property, which is zoned Residential. The two-home configuration supports multigenerational use, owner occupancy with guest accommodations, or a shared family compound, with the source also identifying seasonal rental income as a possible use.
The property includes a private beach and direct waterfront setting suited to coastal recreation. Solar panels, an attached two-car garage, and an EV charging station add practical features to the newer home. Public water and public sewer serve the property, which is zoned Residential. The two-home configuration supports multigenerational use, owner occupancy with guest accommodations, or a shared family compound, with the source also identifying seasonal rental income as a possible use.
Key Highlights
- Two residences on a 0.95‑acre oceanfront parcel along Searsport Harbor
- Total property size of 3,450 Square Feet
- Seasonal cottage with 5 bedrooms and 2 baths
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
51
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
$242,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Multifamily properties in Waldo County, ME
Properties on Market for Multifamily properties in Waldo County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two residences share a waterfront parcel with a private beach, year-round living space, and flexible guest or household accommodations.
Where is this multifamily 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 $1,500,000.
What are key features of this property?
This property features: Two residences on a 0.95‑acre oceanfront parcel along Searsport Harbor; Total property size of 3,450 Square Feet; Seasonal cottage with 5 bedrooms and 2 baths
