NOT LISTED FOR SALE

Estimated Value: $4,715,000 - $8,465,734

5 Beds
7 Baths
5,290 Sq Ft
$1,166/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $8,000,000 $1,512 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $41,651/month

1 Day on Market

Highlights

  • Deeded Waterfront Access Rights
  • 211 Feet of Waterfront
  • Public Beach
  • William H. Rowe School Rated A-
  • Docks
  • Country Club

About This Home

As of October 2022

Spruce Point is a rare Yarmouth offering on 2.6± acres of land with a due south orientation, deep-water dock, and private sandy beach all located on a dead-end road. The rarity of the location and the attributes are trumped by the brilliant design and stunning construction that complete this special property. Owner and designer worked fluidly to create a home that allows the primaries to fully enjoy their private wing, while easily welcoming and entertaining family and guests in the other. Generational properties are always a dream and this one was done perfectly, taking full advantage of the stunning views of Casco Bay and the Chebeague Islands. Acclaimed builder Wright-Ryan ran the construction with strict attention to every possible detail and their exceptional craftsmanship is celebrated throughout the home.
Yarmouth is well known for its nationally recognized public school system as well as a top tier private day school. Portland, Maine's largest city, is just 15 miles away and was recently recognized by Bon Appetit as the Restaurant City of the Year in the US.

Last Agent to Sell the Property

John Scribner

LandVest, Inc. Listed on: 09/16/2022

Last Buyer's Agent

Nancy Beaulieu

Mulkerin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,993

Year Built

  • Built in 2019

Lot Details

  • 2.6 Acre Lot
  • 211 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Public Beach
  • Street terminates at a dead end
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned Shoreland

Parking

  • 3 Car Direct Access Garage
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Cape Cod Architecture
  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,290 Sq Ft Home
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Bonus Room
  • Home Gym

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Mooring
  • Docks
  • Patio

Location

  • Property is near a golf course

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Radiant Heating System
  • Private Water Source
  • Well
  • Septic System
  • Septic Design Available
  • Private Sewer

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number YMTH-000054-000000-000027

Community Details

Overview

  • No Home Owners Association

Recreation

  • Country Club

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,993

Year Built

Built in 2019

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.6
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 5290.0
  • Architectural Style: Contemporary, Cape
  • Garage Yn: Yes
  • Year Built: 2019
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 2.6
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 5290.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 3.0
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Bonus Room:Bonus Room: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Sewer:Private Sewer: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 211.0
  • Water Info:Water Frontage Owned -: 211.0
  • Water Info:Water Frontage Shared -: 10.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Laundry Room:Laundry Room: Yes
  • Transportation:Deep Water Access: Yes
  • Recreational Water:Dock: Yes
  • Exercise Room:Exercise Room: Yes
  • Roof:Fiberglass: Yes
  • Recreational Water:Boat Mooring: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Dryer, Dishwasher, Cooktop
  • Has Basement: Walk-Out Access, Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Bedroom 4 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Golf Course, Near Public Beach, Near Shopping
  • View: Scenic
  • Waterfront Features: Bay, Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Roof: Fiberglass, Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Other, Paved, Inside Entrance

Utilities

  • Security: Fire System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Multi-Zones, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 113256.0
  • Parcel #: YMTH-000054-000000-000027
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 65993.0
  • Tax Book Number: 34927
  • Tax Lot: 27
  • Tax Map Number: 54
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Oct 9, 2022
Sold by
Benson Denise
Bought by
1668 Ret
Seller's Agent
John Scribner
LandVest, Inc.
Buyer's Agent
Nancy Beaulieu
Mulkerin Real Estate
List Price
$7,950,000
Sold Price
$8,000,000
Premium/Discount to List
$50,000
0.63%
Current Estimated Value
$6,165,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,834,089
Avg. Annual Appreciation
-9.19%

Purchase Details

Listed on
Jun 22, 2017
Closed on
Jun 19, 2018
Sold by
Nadeau Marcel C and Nadeau Deborah J
Bought by
Benson Denise
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
John Scribner
LandVest, Inc.
List Price
$1,995,000
Sold Price
$1,875,000
Premium/Discount to List
-$120,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.91%

Purchase Details

Closed on
Jul 1, 2005
Sold by
Tanner Robert L
Bought by
Nadeau Marcel C and Nadeau Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1668 Ret $8,000,000 None Available
Benson Denise -- --
Nadeau Marcel C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nadeau Marcel C $730,000
Previous Owner Nadeau Marcel C $790,000
Previous Owner Nadeau Marcel C $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $8,000,000 +0.6% $1,512 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $7,950,000 +324.0% $1,503 / Sq Ft
06/19/2018 06/19/18 Sold $1,875,000 -6.0% $552 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
06/22/2017 06/22/17 For Sale $1,995,000 -- $587 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $89,208 $3,475,200 $1,301,200 $2,174,000
2023 $78,459 $3,333,000 $1,301,200 $2,031,800
2022 $72,059 $3,333,000 $1,301,200 $2,031,800
2021 $65,993 $3,333,000 $1,301,200 $2,031,800
2020 $65,327 $3,333,000 $1,301,200 $2,031,800
2019 $70,993 $3,764,200 $1,301,200 $2,463,000
2018 $31,006 $1,741,900 $1,301,200 $440,700
2017 $3,147 $1,741,900 $1,301,200 $440,700
2016 $29,717 $1,741,900 $1,301,200 $440,700
2015 $31,721 $1,471,300 $1,124,100 $347,200
2014 $31,780 $1,471,300 $1,124,100 $347,200
2013 $32,369 $1,471,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1543328

Maine Listings

APN: YMTH-000054-000000-000027