$2,000,000
SOLD DEC 11, 2025
6 Beds
3 Baths
3,014 Sq Ft
1.94 Acres

Recently Sold

$664 Per Sq Ft

20% Below List Price

88 Days on Market

Highlights

  • 125 Feet of Waterfront
  • Deck
  • 2 Fireplaces
  • 1.94 Acre Lot
  • Ranch Style House
  • No HOA

About This Home

As of December 2025

A once-in-a-lifetime opportunity awaits on the southeast end of Bailey Island, a rare oceanfront estate offered for the first time in over 50 years. Spanning multiple dwellings with five unique structures, this extraordinary family compound has been the heart of four generations, where summers were defined by salt air, laughter, and the rhythm of the tides. With sweeping Atlantic Ocean views, direct waterfront access, and unrivaled privacy, the property is a blank canvas for those seeking to create a legacy estate, investment property, or multi-generational retreat. Whether your vision is to preserve its timeless character or reimagine it into a world-class coastal residence, the potential here is unmatched. Wake to the sunrise over Casco Bay, spend your days swimming, kayaking, or strolling to Land's End, and end each evening watching lobster boats haul traps against the backdrop of a painted sky. Each building offers its own sense of purpose and privacy, creating endless options for guests, extended family, or future rental income. Properties of this size, setting, and history are exceedingly rare on Bailey Island. This is more than just a home, it's an heirloom property, a place where memories are made, preserved, and passed on.

Last Agent to Sell the Property

Ronald Hutchins

Keller Williams Realty Listed on: 07/11/2025

Keller Williams Realty

Last Buyer's Agent

Amanda McGovern

Roxanne York Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,633

Year Built

  • Built in 1937

Lot Details

  • 1.94 Acre Lot
  • 125 Feet of Waterfront
  • Property is zoned SR

Parking

  • 1.5 Car Garage

Property Views

  • Water
  • Scenic Vista

Home Design

  • Ranch Style House
  • New Englander Architecture
  • Cottage
  • Shingle Roof

Interior Spaces

  • 3,014 Sq Ft Home
  • 2 Fireplaces
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Accessible Home Design

  • Doors are 32 inches wide or more
  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Radiator
  • Heat Pump System
  • Private Water Source
  • Well
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number HARP-000020-000000-000072

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,633

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.94
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: From Cook's Corner, Brunswick route 24 drive approximately 14.7 miles, turn LEFT on to Spruce Ledge Rd, drive 100 yards and #20 will be on your RIGHT. GPS friendly
  • Above Grade Finished Sq Ft: 3014.0
  • Architectural Style: Cape Cod, Cottage, New Englander, Ranch
  • Garage Yn: Yes
  • Year Built: 1937
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 729.93
  • Property Information:Seasonal: Unknown
  • Water Info:Water View2: Yes
  • Dining Room:Dining Room: Dining Room
  • Water Info:Waterfront Amount -: 125.0
  • Water Info:Water Frontage Owned -: 125.0
  • Family Room:Family Room: Family Room
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Accessibility Features: 32 - 36 Inch Doors, Level Entry
  • Has Basement: Exterior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Linoleum
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • View: Scenic
  • Waterfront: Yes
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.5

Utilities

  • Cooling: None, Heat Pump
  • Cooling Y N: No
  • Heating: Forced Air, Radiator, Wood Stove
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 84506.4
  • Parcel #: HARP-000020-000000-000072
  • Zoning: SR

Tax Info

  • Tax Annual Amount: 9633.0
  • Tax Lot: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2025
Closed on
Dec 10, 2025
Sold by
Lindsay A Rattan T A and Lindsay Rattan
Bought by
Gaskins Abe
Seller's Agent
Ronald Hutchins
Keller Williams Realty
Buyer's Agent
Amanda McGovern
Roxanne York Real Estate
List Price
$2,500,000
Sold Price
$2,000,000
Premium/Discount to List
-$500,000
-20%
Views
161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
120.12%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deed -- --
Warranty Deed $2,000,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2025 12/11/25 Sold $2,000,000 -9.1% $664 / Sq Ft
10/07/2025 10/07/25 Pending -- -- --
08/22/2025 08/22/25 Price Changed $2,200,000 -12.0% $730 / Sq Ft
07/11/2025 07/11/25 For Sale $2,500,000 -- $829 / Sq Ft
Source: Maine Listings

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 $2,872 $451,600 $251,100 $200,500
2023 $2,755 $451,600 $251,100 $200,500
2022 $2,664 $451,600 $251,100 $200,500
2021 $2,682 $396,800 $265,600 $131,200
2020 $2,674 $396,800 $265,600 $131,200
2019 $2,659 $396,800 $265,600 $131,200
2018 $2,571 $396,800 $265,600 $131,200
2017 $2,563 $396,800 $265,600 $131,200
2016 $2,540 $396,800 $265,600 $131,200
2015 $2,476 $396,800 $265,600 $131,200
2013 $2,289 $396,000 $264,800 $131,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1629621

Maine Listings

APN: HARP-000020-000000-000072