$549,000
$40K PRICE DROP

1407 U S 1 Prospect, ME 04981

Estimated payment $3,272/month

Total Views 5,524
3 Beds
1.5 Baths
1,354 Sq Ft
$405 Price per Sq Ft

Highlights

  • Popular Property
  • Public Beach
  • Deck
  • 745 Feet of Waterfront
  • Deep Water Access
  • Wooded Lot

About This Home

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 11⁄4 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.

Listing Agent

Danielle Liscomb

Realty of Maine Listed on: 07/11/2025

Realty of Maine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,375

Year Built

  • Built in 1933

Lot Details

  • 5.82 Acre Lot
  • 745 Feet of Waterfront
  • Public Beach
  • Street terminates at a dead end
  • Fenced
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned Rural

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Automatic Garage Door Opener
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,354 Sq Ft Home
  • Multi-Level Property
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • Shower Only

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deep Water Access
  • Deck
  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Private Water Source
  • Gas Water Heater
  • Septic Design Available
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 1407ushwy1prospect04684

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,375

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.82
  • Road Surface Type: Paved
  • Water Body Name: Penobscot River
  • MLS Status: Active
  • Directions: From 1-95 North to Augusta take exit for Rt 3. Follow Rt 3 to Belfast. From Bucksport @ Main St and Route 1, head to Penobscot Narrows Bridge, after crossing bridge, go left, house is 1st left.
  • Above Grade Finished Sq Ft: 1354.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: Multi-Level
  • Year Built: 1933
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 5.82
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1354.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Parking:Paved3: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 745.0
  • Water Info:Water Frontage Owned -: 745.0
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Design Available: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Equipment:Generator: Yes
  • Room Features:Built-Ins30: Yes
  • Amenities:In-Law Apartment: Yes
  • Transportation:Deep Water Access: Yes
  • Vehicle Storage:Heated: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Heat Fuel:Multi-Fuel System: Yes
  • Bedroom Amenities 3:Built-Ins3: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Levels:Multi-Level: Yes
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Other Equipment: Internet Access Available, Generator
  • Has Basement: Interior, Walk-Out Access, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Tile, Laminate, Carpet
  • Interior Amenities: In-Law Apartment, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Fencing: Fenced
  • Lot Features: Well Landscaped, Rolling/Sloping, Open, Level, Right of Way, Wooded, Near Public Beach, Near Shopping
  • View: Scenic
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Glass Enclosed
  • Roof: Metal, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Heated, Auto Door Opener, 11 - 20 Spaces, Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned, Hot Water, Forced Air, Direct Vent Heater, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 253519.2
  • Parcel #: 1407ushwy1prospect04684
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 3374.8
  • Tax Book Number: 4814
  • Tax Lot: 15
  • Tax Map Number: 4
  • 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

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 Price Changed $549,000 -6.8% $405 / Sq Ft
07/11/2025 07/11/25 For Sale $589,000 -- $435 / Sq Ft
Source: Maine Listings

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Source: Maine Listings

MLS Number: 1630175

Maine Listings