409 Violette Settlement Rd Fort Kent, ME 04743
This exceptional 37-acre property in Fort Kent, Maine, presents a unique investment opportunity. Priced at $400,000, the land encompasses a total of 2,106 square feet and features two existing structures. The main cabin, built in 2006, boasts 1,038 square feet, including a charming kitchen, two bedrooms, and a master suite on the second floor. A new furnace ensures efficient heating. The second structure, a spacious 1,068-square-foot cabin, features cathedral ceilings and an open loft area currently sleeping eight. Both structures benefit from on-demand hot water. Outdoor amenities include a large deck, an enclosed backyard, a 20x20 platform ideal for additional construction, a one-car garage with upper storage, a lean-to, and a small outbuilding. The property's significant draw is its direct access to groomed recreational trails, connecting to the Heritage Trail, offering substantial income potential from its location on northern Maine recreational trails. Minutes from downtown Fort Kent's amenities, yet secluded enough to enjoy the tranquility of the surrounding woods and apple trees, this property offers a blend of convenience and natural beauty. The extensive acreage provides ample space for expansion or personal enjoyment, with opportunities for building additional housing or developing private nature trails. This is a rare chance to acquire a versatile commercial property with proven income history and significant development potential in a desirable Maine location.
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Maine Cabin Adventures Vacation Rental Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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