NOT LISTED FOR SALE

2 Reef Point Bar Harbor, ME 04609

Estimated Value: $1,369,000 - $4,480,000

4 Beds
2.5 Baths
2,509 Sq Ft
$1,286/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $4,012,500 $1,599 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $19,047/month

37 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 300 Feet of Waterfront
  • Colonial Architecture
  • Conners-Emerson School Rated A
  • 2.17 Acre Lot
  • 5-minute walk to Grant Park

About This Home

As of October 2024

Trustee’s Sale at AUCTION (listed price is assessed value being used as a place holder and not the auction price) Online-only Bidding Ends: Wednesday, September 18th at 1:00 p.m. A 2.17± Acre Oceanfront Estate with what appears to be over 300'± of waterfront, this property is a rare gem. Imagine waking up to panoramic ocean vistas and being just steps away from Bar Harbor's vibrant downtown. Explore world-class restaurants, charming shops, the lively atmosphere, and even Acadia National Park, all within easy reach. This meticulously maintained 4-bedroom, 2.5-bathroom seaside residence boasts a welcoming floor plan with hardwood floors throughout. The spacious entryway sets the stage for stunning ocean views that flow throughout the home. Built in 1961, the 2,509-square-foot layout offers ample space for family and guests. The primary bedroom has direct access to a second-floor deck which looks over both the front and the rear of the property. The grand living room features tall ceilings, expansive windows, and a cozy fireplace – perfect for creating lasting memories. Relax on the expansive back deck or the screened-in porch, both offering spectacular views and ideal for outdoor entertaining. Frenchman Bay creates a serene backdrop for exploring the property's vast backyard offering endless opportunities to connect with nature. The property includes a two-car detached garage that is connected to the home by a covered walkway. Delayed showings start 9/6 by appointment only

Last Agent to Sell the Property

Justin Conway

Paul McInnis LLC License #063340 Listed on: 08/13/2024

Co-Listed By

Paul McInnis

Paul McInnis LLC License #000555

Last Buyer's Agent

A non PrimeMLS customer

A Non PrimeMLS Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,352

Year Built

  • Built in 1961

Lot Details

  • 2.17 Acre Lot
  • 300 Feet of Waterfront
  • East Facing Home
  • Level Lot
  • Garden
  • Property is zoned Downtown Res

Parking

  • 2 Car Garage
  • Circular Driveway
  • Stone Driveway
  • Gravel Driveway
  • Unpaved Parking

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Fireplace
  • Screened Porch
  • Wood Flooring
  • Water Views
  • Laundry on upper level

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Balcony
  • Deck
  • Patio

Schools

  • Mount Desert Island High Sch

Utilities

  • Heating System Uses Oil
  • Radiant Heating System
  • 100 Amp Service
  • Private Sewer
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 41
  • 9% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,352

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Directions: From Main Street in downtown Bar Harbor turn onto Hancock Street directly across from the Bar Harbor Grand Hotel. Follow to the end of the street. Driveway on left.
  • Flood Zone: Land Only
  • Assessment Amount: 2805600
  • Assessment Year: 2023
  • Construction: Existing
  • Exposure: East
  • Seasonal: Yes
  • Total Stories: 2
  • Price Per Sq Ft: 1599.24
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1961
  • List Agent: 13278
  • Display On Internet: Fiber Optic Internt Avail, Internet - Cable
  • Architectural Style: Colonial
  • ResoLotFeatures: Deep Water Access, Level, Sloping, View, Water View, Waterfront
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Features Interior: Fireplaces - 1, Hearth, Natural Light, Natural Woodwork, Laundry - 2nd Floor
  • Total Bedrooms: 4
  • Flooring: Wood
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Daylight, Interior Access, Partial, Stairs - Interior, Walkout
  • Level 1: Level 1: Breezeway, Level 1: Bath - 1/2, Level 1: Den, Level 1: Dining Room, Level 1: Foyer, Level 1: Kitchen, Level 1: Living Room, Level 1: Porch
  • Level 2: Level 2: Bedroom, Level 2: Bath - Full, Level 2: Office/Study
  • Room 1: Foyer, 17'4" x 11'5", On Level: 1
  • Room 2: Kitchen, 11'8" x 14'7", On Level: 1
  • Room 3: Dining Room, 18'4" x 12'5", On Level: 1
  • Room 4: Living Room, 25'8" x 15'8", On Level: 1
  • Room 5: 1, 5'2" x 4'
  • Room 6: Den, 13'5" x 11'5", On Level: 1
  • Room 7: Breezeway, 4'5" x 8'11", On Level: 1
  • Room 8: Porch, 10'5" x 11'9", On Level: 1
  • Room 9: Bedroom, 17'5" x 15'1", On Level: 2
  • Room 10: 2, 12'4" x 11'7"
  • Room 11: Bath - Full, 8'3" x 8'3", On Level: 2
  • Room 12: Bedroom, 11'11" x 15'8", On Level: 2
  • Room 13: Bath - Full, 7'10" x 6'9", On Level: 2
  • Room 14: Bedroom, 10' x 11'11", On Level: 2
  • Room 15: Office/Study, 7'2" x 11'4", On Level: 2
  • Sq Ft - Apx Finished AG: 2509
  • Sq Ft - Apx Total: 3685
  • Sq Ft - Apx Total Finished: 2509
  • Sq Ft - Apx Unfinished BG: 1176

Exterior Features

  • Driveway: Circular, Crushed Stone, Gravel
  • Foundation: Concrete, Poured Concrete
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Membrane, Shingle - Asphalt
  • Easements: Yes
  • Features Exterior: Balcony, Deck, Garden Space, Patio, Porch - Screened
  • Water Body Type: Bay
  • Water Frontage Length: 300
  • Water Restrictions: Unknown
  • Water Access Details: Deep Water Access
  • Water Body Name 2: Atlantic Ocean
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned
  • Construction Type: Wood Frame, Wood Siding

Garage/Parking

  • Garage Capacity: 2
  • Parking: Auto Open, Storage Above, Parking Spaces 1 - 10, Unpaved, Covered, Detached
  • Garage: Yes

Utilities

  • Cable Company: Spectrum & Fidium at the
  • Electric: 100 Amp, Circuit Breaker(s), Fuses, Underground
  • Sewer: Private, Public Sewer at Street
  • Heating Fuel: Oil
  • Heating: Radiant
  • Utilities: Cable, Telephone Available
  • Water Source: Public

Schools

  • High School: Mount Desert Island High Sch

Lot Info

  • Map: 105
  • Lot: 41
  • Lot Sq Ft: 94525
  • Lot Acres: 2.17
  • Owned Land: Yes
  • Surveyed: Unknown
  • Zoning: Downtown Res
  • Deed Book: 4543
  • Deed Page: 0302

Tax Info

  • Tax Rate: 8.68
  • Tax Gross Amount: 24352
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Oct 11, 2024
Sold by
Hobbs Martha F
Bought by
Jane L Willard Ret and Willard
Seller's Agent
Justin Conway
Paul McInnis LLC
Buyer's Agent
A non PrimeMLS customer
A Non PrimeMLS Agency
List Price
$2,805,600
Sold Price
$4,012,500
Premium/Discount to List
$1,206,900
43.02%
Views
167
Current Estimated Value
$3,225,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$786,884
Avg. Annual Appreciation
-15.79%

Purchase Details

Closed on
Aug 17, 2016
Sold by
Hobbs Donald E Est and Hobbs
Bought by
Donald E Hobbs Ft and Hobbs
Source: Public Records
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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
Jane L Willard Ret -- None Available
Jane L Willard Ret -- None Available
Donald E Hobbs Ft -- --
Donald E Hobbs Ft -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $4,012,500 +43.0% $1,599 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $2,805,600 -- $1,118 / Sq Ft
Source: PrimeMLS

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 $28,168 $2,805,600 $2,409,800 $395,800
2023 $24,353 $2,805,600 $2,409,800 $395,800
2022 $22,127 $2,374,100 $2,039,100 $335,000
2021 $21,021 $2,158,200 $1,853,700 $304,500
2020 $18,239 $1,532,700 $1,237,700 $295,000
2019 $17,982 $1,517,500 $1,225,400 $292,100
2018 $17,542 $1,517,500 $1,225,400 $292,100
2017 $16,632 $1,517,500 $1,225,400 $292,100
2016 $16,283 $1,517,500 $1,225,400 $292,100
2015 $16,070 $1,517,500 $1,225,400 $292,100
2014 $15,509 $1,517,500 $1,225,400 $292,100
2012 -- $1,517,500 $1,225,400 $292,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5009415

PrimeMLS

APN: BARH-000105-000000-000041