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Maine's Seaside: Maybe America's Best Property Value Today

By Phil Butler | February 25, 2013

Two stories about Maine real estate peaked my curiosity today. The first, a bit about Maine real estate sales in places jumping by some 21 percent year on year, this one brought to memory the wonderful natural surroundings there. Then news of a luxury sale of Keeper's House Inn on Isle Au Haut off the coast, made me look closer at seashore bargains along Maine's wonderful rocky shores. Let me show you a bit of Maine, watch the video below from the Maine Tourism Office before checking out the properties below.

Listed on the National Register of Historic Places, the former light keeper's residence on this not so easily accessible Island reportedly sold recently for a markdown of about 400 grand off the asking price of $1.9 million. The Knowles Company, a Northeast Harbor-based real estate firm that handled the sale, said the property had been listed for $1.9 million and sold for $1.5 million. The lovely house and 2 acre seashore property is located about six miles from the mainland and is accessible by private boat or ferry. Scheduled to become an Inn once again, this Island getaway, as it turns out, is but one of many such properties to be snatched up at relative bargain prices.

The Inn's House Lighthouse
The Inn - courtesy Keeper's House Lighthouse

Looking at other listings from The Knowles Company, the selling agent in the above deal, anyone with a yearning for Maine seaside should have a second and third look. Listed below are some interesting properties I found this afternoon.

Point East
Looking out over the water, Point East 3/3.5

Point East - 15 Eider Lane - Off Island, ME

Situated on 5+ nicely landscaped acres, this contemporary 3000 square feet of living space, plus 680 feet of accessible waterfront on Partridge Cove. An open floorplan, the home also has a great room, new kitchen, and several cedar decks from which to take it easy in the Maine countryside. This property is priced at $745,000

Foster Island - Narraguagus Bay - Harrington, ME

I know someone out there has always wanted to own their own Island. Owned by the Rockefeller family since the 1960’s, Foster Island consists of a small homestead and pier on 300 acres of pristine wilderness in Narraguagus Bay (image below). For a full description including plats and so forth, follow this link to the listing. The asking price for your bit of Rockefeller vacation getaway is $1,650,000

Foster Island
Foster Island

Lincoln Street - 69 Lincoln St - Boothbay, ME

Jumping over the Sotheby's for my last suggestion here, we find a marvel of Maine seashore living in my book. This house, built by local boat builders, offers all the fittings you'd expect from a prestigious yacht. Expansive decks overlooking 185ft of waterfront, your own private deep water pier, mooring, a 25ft Lxmann power boat to go along, well... The asking of $1,499,000 seems low to me.

Lincoln Street
Courtesy Sotheby's

For more information on this and other Sotheby's listing on the Maine seashore, please visit or call Legacy Properties Sotheby's International Realty at +1 207.729.2820. The listing agent for the home featured here is John McCarthy.

Lincoln Street BR
Lincoln Street BR
Phil Butler is a former engineer, contractor, and telecommunications professional who is editor of several influential online media outlets including part owner of Pamil Visions with wife Mihaela. Phil began his digital ramblings via several of the world’s most noted tech blogs, at the advent of blogging as a form of journalistic license. Phil is currently top interviewer, and journalist at Realty Biz News.
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