Technical
Financial
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Property profile

312 W Main St Searsport, ME 04974

FOR SALE
Land
Property ID
US42-0132918
18.3 ac lot
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Property summary

AI-generated overview

This exceptional 18.3-acre property in Searsport, Maine, presents a rare opportunity to own a private waterfront retreat. Situated on the Penobscot Bay and bordering Moose Point State Park, this land boasts stunning views and a tranquil atmosphere. The property features a sandy beach accessible via a walking trail, mature trees, and ample parking for 21 vehicles. Zoned for shoreland use, the land is approved for a three-lot subdivision, offering flexibility for development. Alternatively, it can be maintained as a single, expansive private compound. The property's unique blend of island, farm, and ranch characteristics, combined with its prime location and breathtaking scenery, makes it an unparalleled investment. The Waldo County location offers a peaceful escape while remaining conveniently located near Searsport (zip code 04974). The APN is SEAP-000001-000000-000042-A000000. The asking price is $2,800,000, translating to approximately $153,005.46 per acre. This is a truly once-in-a-lifetime opportunity to acquire a remarkable piece of Maine coastline.

Property profile

Verified
Property type Land
Lot 18.3 ac (797,148 SF)
UPID US42-0132918

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

312 W Main St Searsport, ME 04974
Searsport metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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