Land for Sale - 1407 US Highway 1, Prospect, ME 04981 - 5.82 acres

Single Family Residence - Prospect, ME

1407 US Highway 1, Prospect, ME | Lat/Lng:  44.5597, -68.8064

$589,000
5.82 ac.
07/12/2025
ACTIVE
Main Listing ImageMain Listing Image

Description

Coastal Maine gem nestled on the banks of the Penobscot River, offering 745 feet of shoreline and breathtaking panoramic views of the iconic Penobscot Narrows Bridge. This character-filled property blends history, opportunity, and natural beauty all in one. The main home features 3 bedrooms and 1¼ baths, showcasing original historic charm throughout. While cosmetic upgrades would enhance the space, there's great potential for reconfiguring to add larger bathrooms or expand the kitchen. The beautifully landscaped grounds, mature plantings, and riverside setting create a tranquil retreat full of possibility. Above the detached 2 car garage, with a separate back entrance, you'll find a charming 1 bedroom, 1 bathroom fully furnished apartment/in law suite with a successful Airbnb and short-term rental history, perfect for generating additional income or hosting guests. This property is perfectly positioned between the Mid Coast Maine area, and the attractions of Fort Knox Historic Site & the Penobscot Narrows Observatory, while being an easy drive to Ellsworth or Acadia National Park, attracting seasonal visitors, and outdoor enthusiasts. The large, open grounds have potential for adding seasonal cottages, food trucks, or additional short-term rentals—a smart investment opportunity in a high-traffic tourism corridor. Whether you're looking for a primary residence with income options, a seasonal retreat, or a unique coastal business venture, this property has it all. Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Details

CountyWaldo
Zipcode04981
Property Type OneResidential Property
Property Type TwoLakefront Property
Property Type ThreeWaterfront Property
BrokerageLand.com
Brokerage Linkhttps://land.com
Land Listing Agent Photo
National Exchange
Land.com
(720) 856-4470
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