NOT LISTED FOR SALE

2 Black Bear Dr Otis, ME 04605

Estimated Value: $946,000

4 Beds
2.5 Baths
2,820 Sq Ft
$335/Sq Ft Est. Value

Sale Details

Date Sold: November 18, 2024

Last sale price $895,000 $317 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,739 / mo

117 Days on Market

Highlights

  • 208 Feet of Waterfront
  • Home fronts a pond
  • Deck
  • Docks
  • Chalet
  • Wood Flooring

About This Home

As of November 2024

This incredible post and beam year-round home is nestled on a spacious 2.05-acre lot, boasting an impressive 208 feet of lake frontage on the
stunning Beech Hill Pond. Inside, you'll find charming wide plank pine and tile floors, elegant granite countertops, stainless steel appliances, and custom finishes throughout. The open-concept kitchen, dining, and living areas feature views of the lake through floor-to-ceiling windows. The property is truly unique, offering 4 bedrooms and 2.5 bathrooms, including a luxurious primary bedroom with an ensuite bathroom. The daylight basement houses a versatile bonus/rec room that is currently utilized as an office, along with additional space featuring a tool bench, storage, and laundry room. The property is equipped with a generator hook-up for added peace of mind. Outside, you can enjoy a lake-side deck and a dock system. Additionally, there is a spacious barn that could easily be transformed into a 3-car garage. Situated on a tranquil dead-end street, this oasis offers a serene escape. Located close to Acadia National Park and Bar Harbor, it is a wonderful location for a vacation home and income property, Beech Hill Pond and Black Bear Drive have many successful short-term rentals, the possibilities are endless. It is easily accessible on a well-maintained road with proximity to Bangor or Ellsworth if needed for work or shopping. Suppose you would rather commute via plane, no problem! Floatplanes are welcome on this lake, there is even an airport and hangar for storage or you can park right on your private dock all summer. Most furnishings are available to convey with the property. There is also the option to acquire additional acreage, details available in MLS#1590310.

Last Agent to Sell the Property

Rebecca Hord

Realty of Maine Listed on: 05/25/2024

Realty of Maine

Last Buyer's Agent

Erica Brooks

The Swan Agency Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,076

Year Built

  • Built in 2005

Lot Details

  • 2.05 Acre Lot
  • Home fronts a pond
  • 208 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Level Lot
  • Property is zoned Shoreland

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Gravel Driveway

Home Design

  • Chalet
  • Post and Beam
  • Concrete Foundation
  • Shingle Roof
  • Composition Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Living Room
  • Home Office
  • Water Views

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Docks
  • Deck
  • Shed
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Generator Hookup
  • Private Water Source
  • Well
  • Septic System
  • Septic Design Available
  • Private Sewer
  • Internet Available
  • Satellite Dish

Community Details

  • Oak Hill Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 001424753

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,076

Year Built

Built in 2005

Lot Details

2.05 Acres

HOA Fees

$67 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.05
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Beech Hill
  • MLS Status: Closed
  • Subdivision Name: Oak Hill
  • Directions: From Rt 1A take Green Lake Rd 2.1 miles to Beech Hill Pond Rd on the left. Follow 2.8 miles to Cosgrove Road on the left. At 0.7 miles turn right onto Black Bear Dr. Follow for 1.4 miles to the gate for subdivision and home is the second on the right.
  • Above Grade Finished Sq Ft: 2288.0
  • Architectural Style: Chalet
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 2005
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 391.17
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.05
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2288.0
  • Property Information:SqFt Finished Below Grade: 532.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 400.0
  • Location Information:Fee Frequency Paid: Semi-Annually
  • Property Information:Garage Spaces: 3.0
  • Roads:Private: Yes
  • Kitchen Countertop:Granite: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Roof:Composition2: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Amenities:Bathtub: Yes
  • Office:Office: Yes
  • Appliances Included:Cooktop: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 208.0
  • Water Info:Water Frontage Owned -: 208.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Equipment:Satellite Dish: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Construction:Post Beam: Yes
  • Amenities:Furniture Included: Yes
  • Electric:Generator Hookup: Yes
  • Recreational Water:Dock: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: This incredible post and beam year-round home is nestled on a spacious 2.05-acre lot, boasting an impressive 208 feet of lakefrontage on the stunning Beech Hill Pond. Inside, you'll find charming wide plank pine and tile floors, elegant granite countertops, stainless steel appliances, and custom finishes throughout. The open-concept kitchen, dining, and living areas feature views of the lake through floor-to-ceiling windows. The property is truly unique, offering 4 bedrooms and 2.5 bathrooms, including a luxurious primary bedroom with ensuite bathroom. The daylight basement houses a versatile bonus/rec room that is currently utilized as an office, along with additional space featuring a tool bench, storage, and laundry room. The property is equipped with a generator hook-up for added peace of mind. Outside, you can enjoy a lake-side deck and a dock system. Additionally, there is a spacious barn that could easily be transformed into a 3-car garage. Most furnishings are available to convey with the property. Situated on a tranquil dead-end street, this oasis offers a serene escape. There is also the option to acquire additional acreage, details available in MLS#159310.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher, Cooktop
  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 532.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Furniture Included, 1st Floor Primary Bedroom w/Bath, Bathtub
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Landscaped, Rural
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Post & Beam
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 1 - 4 Spaces, Gravel, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Radiant, Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 89298.0
  • Parcel #: 001424753
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 5076.0
  • Tax Lot: 22
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Nov 18, 2024
Sold by
Bought by
Seller's Agent
Rebecca Hord
Realty of Maine
Buyer's Agent
Erica Brooks
The Swan Agency Sotheby's International Realty
List Price
$949,900
Sold Price
$895,000
Premium/Discount to List
-$54,900
-5.78%
Views
59
Current Estimated Value
$946,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,000
Original Mortgage
$671,250
Interest Rate
0.0612%
Mortgage Type
Commercial
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $671,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/18/2024 11/18/24 Sold $895,000 0.0% $317 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
08/07/2024 08/07/24 Price Changed $895,000 -5.8% $317 / Sq Ft
05/25/2024 05/25/24 For Sale $949,900 -- $337 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,215 $647,400 $364,300 $283,100
2024 $5,924 $647,400 $364,300 $283,100
2023 $5,924 $452,200 $237,800 $214,400
2022 $5,336 $452,200 $237,800 $214,400
2021 $4,897 $452,200 $237,800 $214,400
2020 $4,748 $452,200 $237,800 $214,400
2019 $4,748 $452,200 $237,800 $214,400
2018 $4,388 $434,500 $237,800 $196,700
2017 $4,323 $434,500 $237,800 $196,700
2016 $4,171 $434,500 $237,800 $196,700
2015 $4,084 $434,500 $237,800 $196,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1590309

Maine Listings

APN: M 4 L 40-A

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