$799,000

118 Old Bar Harbor Rd Bar Harbor, ME 04609

Estimated payment $4,554/month

Total Views 25,562
-- Bed
3.5 Baths
2,775 Sq Ft
$288 Price per Sq Ft

Highlights

  • Additional Residence on Property
  • 80 Feet of Waterfront
  • Wood Flooring
  • Conners-Emerson School Rated A
  • Access to Tidal Water
  • New Englander Architecture

About This Home

Bar Harbor ocean front multiunit property with 3 residential apartments and a small post office in Salsbury Cove. The entire second level is a 3 bedroom 1 bath apartment with hardwood floors and great views of the ocean. The ground level includes a recently remodeled 1 bedroom apartment as well as another 2 bedroom apartment with the post office out back. Across the street lies a grassy area to sit and enjoy the views or take a short walk down to the gravel beachfront. The calm cove makes a great spot to kayak or paddleboard from and the location cant be beat with easy access to all of MDI.

Listing Agent

Josh Shelton

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: joshshelton@masiello.com Listed on: 07/03/2025

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,215

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • 80 Feet of Waterfront
  • Ocean Front
  • Rural Setting
  • Corner Lot

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2,775 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior Basement Entry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Private Sewer
  • Internet Available
  • Cable TV Available

Additional Features

  • Access to Tidal Water
  • Additional Residence on Property

Listing and Financial Details

  • Tax Lot 60, 14&15
  • Assessor Parcel Number 118oldbarharborroad04609

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $8,000
  • Gross Income $54,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,215

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Water Body Name: Salsbury Cove
  • MLS Status: Active
  • Directions: From Rt 3 turn onto Norway Drive towards the water, 118 is at the end on the right.
  • Above Grade Finished Sq Ft: 2775.0
  • Architectural Style: Other, New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Attribution Contact: joshshelton@masiello.com
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 287.93
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2775.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 4
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 54600.0
  • Income Expenses Operating Expenses: 8000.0
  • Sewer:Private Sewer: Yes
  • Recreational Water:Oceanfront: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 80.0
  • Water Info:Water Frontage Owned -: 80.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Style:New Englander: Yes
  • Roof:Fiberglass: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Bar Harbor ocean front multiunit property with 3 residential apartments and a small post office in Salsbury Cove. The entire second level is a 3 bedroom 1 bath apartment with hardwood floors and great views of the ocean. The ground level includes a recently remodeled 1 bedroom apartment as well as another 2 bedroom apartment with the post office out back. Across the street lies a grassy area to sit and enjoy the views or take a short walk down to the gravel beachfront. The calm cove makes a great spot to kayak or paddleboard from and the location cant be beat with easy access to all of MDI.
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Sewer:Septic Tank: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Interior, Full, Doghouse, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Rural
  • View: Scenic
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Composition, Fiberglass, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Other Electric, Circuit Breakers
  • Sewer: Septic Tank, Private Sewer
  • Utilities: Utilities On
  • Water Source: Well, Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: 118oldbarharborroad04609
  • Zoning: Res/Shoreland

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 54600.0
  • Annual Operating Expense: 8000.0

Tax Info

  • Tax Annual Amount: 4215.0
  • Tax Lot: 60, 14&15
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,215 $419,800 $179,500 $240,300
2023 $3,644 $419,800 $179,500 $240,300
2022 $3,311 $355,300 $151,900 $203,400
2021 $3,146 $323,000 $138,100 $184,900
2020 $3,352 $281,700 $75,300 $206,400
2019 $3,306 $279,000 $74,600 $204,400
2018 $3,225 $279,000 $74,600 $204,400
2017 $3,058 $279,000 $74,600 $204,400
2016 $2,994 $279,000 $74,600 $204,400
2015 $2,955 $279,000 $74,600 $204,400
2014 $2,851 $279,000 $74,600 $204,400
2012 $2,745 $279,000 $74,600 $204,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2025 07/03/25 For Sale $799,000 +28.9% $288 / Sq Ft
01/31/2022 01/31/22 Sold $620,000 -11.3% $223 / Sq Ft View Prior Sale
11/05/2021 11/05/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $699,000 -- $252 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Executors Deed -- None Available
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $496,000 Purchase Money Mortgage
Previous Owner $220,000 Commercial
Previous Owner $125,000 Commercial
Previous Owner $120,000 Commercial
Source: Public Records

Source: Maine Listings

MLS Number: 1629137

Maine Listings

APN: BARH-000208-000000-000060