Bought with Keller Williams Coastal and Lakes & Mountains Realty
$392,700
$449,900
12.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Baths
4,176 SqFt
SOLD DATE : 09/22/2022
Key Details
Sold Price $392,700
Property Type Multi-Family
Listing Status Sold
Square Footage 4,176 sqft
MLS Listing ID 1515110
Sold Date 09/22/22
Style Multi-Level,Other Style,Ranch
Full Baths 4
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 4,176
Annual Tax Amount $4,491
Tax Year 2020
Lot Size 75.000 Acres
Acres 75.0
Source Maine Listings
Property Description
Secluded 75 acre Magic Pond vacation compound with 4176 sf living space, incl. waterfront 4-bed /1.5-bath house. Mars
Hill mountain views plus 4 largely furnished 1 bdrm apartments on Magic Pond. Pristine Maine woods, tillable organic fields, meandering trails, skiing 5 min. away & a turnkey year-round hospitality business. Only 3 min. to town for essentials & 20 min. to the County's commercial hub in Presque Isle. Laundry, 2 workshops, 3 garages, barn, 2 large storage units with negotiable ATV, kayak, canoe, tractor, riding mowers & grounds equip. 3 new high-efficiency heat pumps, largely steel roofing and fenced yard for pets. 11 of the 75 acres previously designated federal conservation land for upland bird nesting, the property is also home to a large variety of waterfowl & almost every species of wildlife indigenous to Maine. Would make a wonderful nature education facility, conference center or vacation compound. One apartment is a large open, artist's loft with skylights & bank of south-facing windows overlooking the pond. Three units consistently rent for $790 each (inc. utilities) & one unit for $740 with steady flow of tenants. One unit has separate electric meter and, in the past, has provided housing for Caretaker in exchange for maintaining the property. Additional income opportunities might include seasonal campground & B&B in the main house. Main house expanded & totally remodeled, rewired, and re plumbed in 2001 with studio building constructed in 2006.Two separate, well-maintained septic systems and deep high-pressure well. Dirt-floor garage at the road is supplied with separate electric and could also be rented out or used as farm/craft stand. Maine's trail system for ATV's and snowmobiles accessible just 1/4 away. Northern lights visible in night sky perfect for astronomy buffs. County balloon festival, potato blossom celebration & harvest suppers make Magic Pond the perfect place for settling down. Seller to consider helping buyer's down payment
Location
State ME
County Aroostook
Zoning 53A
Body of Water Magic Pond
Rooms
Basement Dirt Floor, Walk-Out Access, Crawl Space, Exterior Only
Interior
Interior Features 1st Floor Bedroom, In-Law Floorplan, One-Floor Living, Other, Storage
Heating Multi-Zones, Hot Water, Heat Pump, Direct Vent Furnace, Baseboard
Cooling A/C Units
Flooring Wood, Vinyl
Fireplace No
Laundry Washer Hookup
Exterior
Parking Features 11 - 20 Spaces, Gravel, On Site
Garage Spaces 3.0
Utilities Available 1
Waterfront Description Pond
View Y/N Yes
View Trees/Woods, Scenic, Fields
Roof Type Fiberglass,Metal
Street Surface Gravel,Paved
Porch Patio, Porch
Road Frontage Private
Garage Yes
Building
Lot Description Agriculture, Level, Open Lot, Rolling Slope, Landscaped, Wooded, Pasture, Near Golf Course, Near Shopping, Rural, Ski Resort
Sewer Private Sewer, Septic Existing on Site
Water Private, Well
Architectural Style Multi-Level, Other Style, Ranch
Structure Type Vinyl Siding,Steel Frame,Wood Frame
Others
Restrictions Unknown
Energy Description Wood, Oil, Electric
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

GET MORE INFORMATION
