549 Main ST, Monmouth, ME 04259
549 Main ST, Monmouth, ME 04259
549 Main ST, Monmouth, ME 04259
549 Main ST, Monmouth, ME 04259
549 Main ST, Monmouth, ME 04259
549 Main ST, Monmouth, ME 04259
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Listed by Jordan Stolt Summit Real Estate
Bought with Joshua Cousineau Real Broker

$550,000

$575,000

4.3%
Est.Price: ?

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Est. payment /mo

5 Baths

4,340 SqFt


SOLD DATE : 05/21/2025

Key Details

Sold Price $550,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,340 sqft

Price per Sqft $126

MLS Listing ID 1612072

Sold Date 05/21/25

Style Post & Beam

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1905

Tax Year 2023

Lot Size 7.900 Acres

Acres 7.9

Source Maine Listings

Land Area 4340

Property Description

Nestled on 7.8 acres of scenic land, this unique two-unit property offers both income potential and plenty of space for your personal enjoyment. Located in the heart of Monmouth, ME, it includes a successful Airbnb-ready 4-bedroom, 3-bathroom home, a cozy 2-bedroom, 1.5-bathroom unit, an old cider barn full of character, and private access to the tranquil Cochnewagon Lake just across the railroad tracks. The spacious 4-bedroom, 3-bathroom unit has been a consistently successful Airbnb, making it an ideal investment opportunity or a perfect space for large families. With its bright, open layout, the home features modern amenities while retaining classic New England charm. Expansive living areas, a fully equipped kitchen, and cozy bedrooms provide guests with a comfortable, memorable stay. The property's sprawling yard and serene surroundings further elevate the guest experience, offering them a true escape.The second unit is a 2-bedroom, 1.5-bathroom home that was rented to a family friend under market value, offering potential for a new tenant at full market rate or a private in-law suite. This unit is perfect for multigenerational living or additional rental income. With a spacious kitchen, cozy living spaces, and a private entry, this unit provides both comfort and privacy. A unique feature of this property is the charming old cider barn, full of rustic character and ready for transformation. Whether you're looking for additional storage, a workshop, or a space to create your own studio, this historic structure adds character and versatility to the property.Enjoy the serenity and beauty of Cochnewagon Lake just a short walk away across the railroad tracks. Whether you're into boating, fishing, or simply enjoying nature, this access provides a special touch to this already incredible property.

Location

State ME

County Kennebec

Zoning RES

Body of Water Cochnewagon

Rooms

Other Rooms Outbuilding, Shed(s), Barn(s)

Basement Interior, Full, Unfinished

Interior

Interior Features Walk-in Closets, In-Law Apartment, Attic, Bathtub, Shower, Storage, Primary Bedroom w/Bath

Heating Zoned, Hot Water, Heat Pump, Forced Air, Baseboard

Cooling None

Flooring Wood, Vinyl, Tile, Carpet

Equipment Internet Access Available, Cable

Laundry Laundry - 1st Floor, Main Level

Exterior

Parking Features 11 - 20 Spaces, Paved, On Site, Inside Entrance, Off Street

Garage Spaces 4.0

Utilities Available Utilities On

Roof Type Metal,Shingle

Porch Deck, Porch

Garage Yes

Building

Lot Description Pasture/Field, Level, Rural

Foundation Granite, Concrete Perimeter, Brick/Mortar

Water Public

Architectural Style Farmhouse

Others

Tax ID MONM-000016-000000-000028

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