$725,000
$24K PRICE DROP

127 Bean Rd Otisfield, ME 04270

Estimated payment $4,497/month

Total Views 13,349
3 Beds
3.5 Baths
3,110 Sq Ft
$233 Price per Sq Ft

Highlights

  • Water Views
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Finished Room Over Garage
  • Wood Flooring
  • Bonus Room

About This Home

Your Private Maine Escape Awaits!Tucked away on over 15 acres with breathtaking water views, this custom-built log home is the ultimate retreat—where peaceful seclusion meets outdoor adventure. The main home offers 3 bedrooms (2 bedroom septic) and 2.5 baths, a charming screened-in porch perfect for enjoying your morning coffee, and a finished walk-out basement complete with a game room and bar—an entertainer's dream!Thoughtfully crafted in 2004 with exceptional attention to detail, the property also includes a detached 2-car garage with a studio-style apartment above.Just an hour from Portland, 35 minutes to Shawnee Peak, and 45 minutes to Sunday River, it's perfectly located for year-round fun. With public beach access nearby and direct access to snowmobile and ATV trails, there's no shortage of things to do no matter the season.Currently operating as a successful Airbnb, this property is a fantastic income-generating opportunity—whether you're looking for a full-time residence, vacation getaway, or smart investment.Don't miss the chance to make this stunning Maine hideaway yours!

Last Listed By

Ashley Fearon

A Team Realty Brokerage Phone: (207)595-0427 Listed on: 04/17/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,348

Year Built

  • Built in 2004

Lot Details

  • 15.18 Acre Lot
  • Rural Setting
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Carport
  • Finished Room Over Garage
  • Heated Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Metal Roof
  • Log Siding

Interior Spaces

  • Living Room
  • Bonus Room
  • Wood Flooring
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Finished Basement

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

Eco-Friendly Details

  • Green Energy Fireplace or Wood Stove

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Radiant Heating System
  • Baseboard Heating
  • Natural Gas Not Available
  • Well
  • Oil Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 062
  • Assessor Parcel Number OTID-000003R-000000-000062

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,348

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 15.18
  • Road Surface Type: Paved
  • Water Body Name: Thompson
  • MLS Status: Active
  • Directions: Route 121 to Bean Rd. Property will be on your right.
  • Above Grade Finished Sq Ft: 2342.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built: 2004
  • Attribution Contact: (207)595-0427
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 15.18
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2342.0
  • Property Information:SqFt Finished Below Grade: 768.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat Fuel:Electric: Yes
  • Vehicle Storage:Detached: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Heat System:Radiant: Yes
  • Bonus Room:Bonus Room: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water:Well Existing on Site: Yes
  • Water Heater:Oil2: Yes
  • Vehicle Storage:Heated: Yes
  • Vehicle Storage:Carport: Yes
  • Construction:Log: Yes
  • Room Features:Above Garage28: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Interior, Walk-Out Access, Finished, Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 768.0
  • Fireplace: No
  • Flooring: Wood
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Open, Rural
  • Waterfront: No
  • Construction Type: Log Siding, Log
  • Roof: Metal
  • Exterior:Log Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Heated, 5 - 10 Spaces, Paved, Carport, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Wood Stove, Radiant, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 661240.8
  • Parcel #: OTID-000003R-000000-000062
  • Zoning: R

Tax Info

  • Tax Annual Amount: 5348.0
  • Tax Book Number: 5617
  • Tax Lot: 062
  • Tax Map Number: RO3
  • Tax Year: 2024

Map

Range of Values:

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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 $5,348 $301,318 $47,079 $254,239
2023 $4,881 $301,318 $47,079 $254,239
2022 $4,414 $301,318 $47,079 $254,239
2021 $4,339 $301,318 $47,079 $254,239
2020 $4,170 $279,834 $47,079 $232,755
2019 $4,170 $279,834 $47,079 $232,755
2018 $4,072 $279,834 $47,079 $232,755
2017 $3,988 $279,834 $47,079 $232,755
2016 $3,750 $279,834 $47,079 $232,755
2015 $3,610 $279,834 $47,079 $232,755
2014 $3,358 $279,834 $47,079 $232,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Price Changed $725,000 -3.2% $233 / Sq Ft
04/17/2025 04/17/25 For Sale $749,000 +64.6% $241 / Sq Ft
06/24/2021 06/24/21 Sold $455,000 +7.1% $183 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $425,000 -- $171 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $409,500 Purchase Money Mortgage
Previous Owner $268,800 Unknown
Source: Public Records

About the Listing Agent

Ashley Fearon

A Team Realty

(207) 503-3697

Section Image

Meet Ashley, a Maine native who has worked in real estate since 2016. With over $200,000,000 in sales, her and her team are ranked in the top 1% of brokers. Living in Cumberland County for over 20 years, she has an intimate understanding of the region's unique neighborhoods and hidden gems.
While Ashley initially pursued a Bachelor's in Science of Nursing, her journey took an exciting turn when she discovered her true passion lay in the world of real estate. With her strong interpersonal

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Source: Maine Listings

MLS Number: 1619381

Maine Listings

APN: OTID-000003R-000000-000062