$2,900,000
SOLD NOV 14, 2024

2 Schooner Way Old Orchard Beach, ME 04064

5 Beds
4.5 Baths
4,000 Sq Ft
0.25 Acres

Recently Sold

$725 Per Sq Ft

3% Below List Price

141 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • In Ground Pool
  • Beach Access
  • New Construction
  • Deck

About This Home

As of November 2024

*** Under construction lot 1 Subdivision
Experience unparalleled luxury in this custom-designed, ocean front masterpiece. Spanning 4,000 sq ft, this unique build offers breathtaking ocean views from every level. The exclusive subdivision features a heated in-ground pool, perfectly situated alongside stunning ocean views.

This exquisite home boasts a state-of-the-art elevator, seamlessly connecting the garage to the third floor, ensuring ultimate convenience. Every detail has been meticulously crafted to provide a lifestyle of elegance and comfort.

Don't miss the opportunity to own this extraordinary property, where sophisticated living meets the serene beauty of the sea.

**** Open House June 22nd 11am - 1 pm

Last Agent to Sell the Property

Tia Chambers

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 06/12/2024

Coldwell Banker Realty

Last Buyer's Agent

Bobby Queen II

RE/MAX Realty One

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,720

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Public Beach

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Garage Door Opener

Property Views

  • Water
  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Shingle Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,000 Sq Ft Home
  • 1 Fireplace
  • Family Room
  • Living Room

Kitchen

  • Cooktop
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Heavy Duty
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

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

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Beach Access
  • Nearby Water Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System

Additional Features

  • Accessible Elevator Installed
  • Agricultural

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 2SchoonerWayOldOrchardBeach04064

Community Details

Overview

  • Schooner Way Grand Estates Homeowners Association Subdivision

Amenities

  • Service Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,720

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Frontage Type: Private
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Subdivision Name: Schooner way- Grand Estates Homeowners Association
  • Directions: GPS - 211 East Grand Ave
  • Above Grade Finished Sq Ft: 4000.0
  • Architectural Style: Contemporary, Other Style
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2024
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 4000.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 3000.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Property Condition:New Construction: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Living Room:Living Room: Yes
  • Roof:Composition2: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Appliances Included:Cooktop: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Family Room:Family Room: Yes
  • View:Scenic: Yes
  • Site:Agriculture: Yes
  • Kitchen Countertop:Quartz: Yes
  • Laundry Room:Laundry Room: Yes
  • Accessibilitiy Amenities:ElevatorChair Lift: Yes
  • Water Heater:Heat Pump2: Yes
  • Floors:Heavy Duty: Yes
  • Recreational Water:Beach Rights: Yes
  • Amenities:Hot Tub: Yes
  • Amenities:Elevator Freight: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: NewHome

Interior Features

  • Private Spa: Yes
  • Appliances: Refrigerator, Dishwasher, Cooktop
  • Accessibility Features: Elevator/Chair Lift
  • Has Basement: Walk-Out Access, Finished, Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Elevator Freight, Other, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Agriculture, Right of Way, Near Public Beach, Subdivided
  • Pool Features: In Ground
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: New Construction
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Other, On Site, Garage Door Opener

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 3000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 2SchoonerWayOldOrchardBeach04064
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 9720.0
  • Tax Book Number: 18719
  • Tax Lot: 1
  • Tax Map Number: N/A
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Nov 14, 2024
Sold by
Estates At Bay View Llc
Bought by
Oconnor Philip L and Oconnor Catherine M
Seller's Agent
Tia Chambers
Coldwell Banker Realty
Buyer's Agent
Bobby Queen II
RE/MAX Realty One
List Price
$3,000,000
Sold Price
$2,900,000
Premium/Discount to List
-$100,000
-3.33%
Total Days on Market
141
Views
24
Current Estimated Value
$2,887,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,021
Avg. Annual Appreciation
-0.70%
Original Mortgage
$900,000
Outstanding Balance
$895,577
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,992,402
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,900,000 None Available
Warranty Deed $2,900,000 None Available
Warranty Deed $2,900,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 Purchase Money Mortgage
Closed $900,000 Purchase Money Mortgage
Previous Owner $1,210,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $300,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2024 11/14/24 Sold $2,900,000 -3.3% $725 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $3,000,000 -- $750 / Sq Ft
Source: Maine Listings

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 $29,124 $2,676,800 $1,129,300 $1,547,500
2023 $9,960 $873,700 $873,700 $0
2022 $9,720 $794,100 $794,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1593081

Maine Listings

APN: OOBH M:202 B:2 L:201