NOT LISTED FOR SALE

263 Gaunt Neck Rd Cushing, ME 04563

Estimated Value: $2,813,411

4 Beds
6.5 Baths
5,340 Sq Ft
$527/Sq Ft Est. Value

Sale Details

Date Sold: January 9, 2024

Last sale price $2,490,000 $466 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $18,326 / mo

36 Days on Market

Highlights

  • 335 Feet of Waterfront
  • Access to Tidal Water
  • Spa
  • Docks
  • Barn
  • 4 Acre Lot

About This Home

As of January 2024

Located in a spectacular waterfront setting on Gaunt Neck in Cushing, Prospect Cottage features 4± acres and views to the west over the Medunkcook River and south towards Muscongus Bay. The four-bedroom house was expertly designed by John Morris Architects and very well built with quality woodwork and high-end finishes, enhanced by tremendous attention to detail and materials. The heart of the home is a light-filled great room with a cathedral ceiling, exposed wood beams, and a locally crafted stone fireplace. A first-floor primary bedroom suite is set away from the main part of the house for privacy and comfort and there are two en-suite bedrooms on the second floor plus a creative bunkroom. The property includes an attractive barn with space for cars and equipment, and the landscape has areas of lawn with mature trees, established perennial gardens, walking paths, a water's edge firepit and platform picnic table. Steps lead to 335± feet of attractive and accessible shorefront, ideal for swimming, fishing and kayaking, with a deep-water mooring. The property is located in Gaunt Neck, a neighborhood of distinctive homes that benefit from a community deep-water wharf with protected mooring field and tennis/pickleball courts.

Last Agent to Sell the Property

Joseph Sortwell

LandVest, Inc. Listed on: 10/10/2023

Last Buyer's Agent

Amy Leeman

Rob Williams Real Estate Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,035

Year Built

  • Built in 2010

Lot Details

  • 4 Acre Lot
  • 335 Feet of Waterfront
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • River Front
  • Property fronts a private road
  • Street terminates at a dead end
  • Rural Setting
  • Landscaped
  • Lot Has A Rolling Slope
  • Irrigation
  • Property is zoned Shoreland

HOA Fees

  • $257 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Post and Beam
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2 Fireplaces
  • Great Room
  • Family Room
  • Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Home Security System
  • Stove
  • Laundry on main level

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathtub
  • Shower Only

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Spa
  • Access to Tidal Water
  • Deep Water Access
  • Mooring
  • Docks
  • Deck
  • Patio

Farming

  • Barn

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Radiant Heating System
  • Underground Utilities
  • Power Generator
  • Private Water Source
  • Well
  • Septic System
  • Septic Design Available
  • Private Sewer

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number CUSH-000024-000000-000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,035

Year Built

Built in 2010

Lot Details

4 Acres

HOA Fees

$257 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.0
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • Water Body Name: Meduncook River
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4580.0
  • Architectural Style: Shingle Style
  • Garage Yn: Yes
  • Year Built: 2010
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 600.44
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.0
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 4580.0
  • Property Information:SqFt Finished Below Grade: 760.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Location Information:Association Fee: 3080.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Dining Room:Dining Room: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Amenities:Bathtub: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 335.0
  • Water Info:Water Frontage Owned -: 335.0
  • Water Info:Water Frontage Shared -: 350.0
  • Recreational Water:Waterfront Deep: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Vehicle Storage:Storage Above: Yes
  • Great Room:Great Room: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Construction:Post Beam: Yes
  • Water Info:Island3: No
  • Equipment:Generator: Yes
  • Transportation:Deep Water Access: Yes
  • Recreational Water:Dock: Yes
  • Foundation Materials:Granite2: Yes
  • Electric:Underground: Yes
  • Style:Shingle Style: Yes
  • Amenities:Hot Tub: Yes
  • Recreational Water:Boat Mooring: Yes
  • Amenities:Irrigation System: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Barn: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Advertising Remarks:Advertising Remarks: Located in a spectacular waterfront setting on Gaunt Neck in Cushing, Prospect Cottage features 4± acres and views to the west over the Medunkcook River and south towards Muscongus Bay. The four-bedroom house was expertly designed by John Morris Architects and very well built with quality woodwork and high-end finishes, enhanced by tremendous attention to detail and materials. The heart of the home is a light-filled great room with a cathedral ceiling, exposed wood beams, and a locally crafted stone fireplace. A first-floor primary bedroom suite is set away from the main part of the house for privacy and comfort and there are two en-suite bedrooms on the second floor plus a creative bunkroom. The property includes an attractive barn with space for cars and equipment, and the landscape has areas of lawn with mature trees, established perennial gardens, walking paths, a water's edge firepit and platform picnic table. Steps lead to 335± feet of attractive and accessible shorefront, ideal for swimming, fishing and kayaking, with a deep-water mooring. The property is located in Gaunt Neck, a neighborhood of distinctive homes that benefit from a community deep-water wharf with protected mooring field and tennis/pickleball courts.
  • Special Features: None

Interior Features

  • Private Spa: Yes
  • Has Basement: Walk-Out Access, Daylight, Finished, Interior Entry
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 760.0
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath, Bathtub, Pantry, Shower, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Rural, Subdivided, Irrigation System
  • View: Scenic
  • Waterfront Features: Bay, Ocean, River
  • Waterfront: Yes
  • Construction Type: Shingle Siding, Post & Beam, Wood Frame
  • Foundation Details: Granite
  • Other Structures: Barn
  • Patio And Porch Features: Deck, Glass Enclosed, Patio, Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Detached, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Radiant, Multi-Zones
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 3080.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 174240.0
  • Parcel #: CUSH-000024-000000-000003
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 26035.2
  • Tax Lot: 003
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Jan 9, 2024
Sold by
Cushing Maine House Llc
Bought by
Salty Moose Realty Llc
Seller's Agent
Joseph Sortwell
LandVest, Inc.
Buyer's Agent
Amy Leeman
Rob Williams Real Estate Brokers
List Price
$2,750,000
Sold Price
$2,490,000
Premium/Discount to List
-$260,000
-9.45%
Current Estimated Value
$2,813,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,411
Avg. Annual Appreciation
5.65%

Purchase Details

Listed on
Jun 21, 2019
Closed on
May 1, 2020
Sold by
Cowie Ian P and Cowie Pamela S
Bought by
Cushing Maine House Llc
Seller's Agent
Joseph Sortwell
LandVest, Inc.
Buyer's Agent
Martin Cates
Cates Real Estate
List Price
$1,695,000
Sold Price
$1,425,000
Premium/Discount to List
-$270,000
-15.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.33%
Original Mortgage
$926,250
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2008
Sold by
Anderson William and Anderson Cynthia I
Bought by
Cowie Ian and Cowie Pamela S
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
Salty Moose Realty Llc $2,415,000 None Available
Salty Moose Realty Llc $2,415,000 None Available
Cushing Maine House Llc -- None Available
Cushing Maine House Llc -- None Available
Cowie Ian -- --
Cowie Ian P -- --
Cowie Ian P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cushing Maine House Llc $926,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2024 01/09/24 Sold $2,490,000 -9.5% $466 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $2,750,000 +93.0% $515 / Sq Ft
05/01/2020 05/01/20 Sold $1,425,000 -15.9% $267 / Sq Ft View Prior Sale
03/15/2020 03/15/20 Pending -- -- --
06/21/2019 06/21/19 For Sale $1,695,000 -- $317 / 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
2025 $35,000 $2,966,100 $1,059,250 $1,906,850
2024 $29,253 $2,721,230 $814,380 $1,906,850
2023 $26,035 $1,627,200 $540,040 $1,087,160
2022 $25,222 $1,627,200 $540,040 $1,087,160
2021 $25,384 $1,627,200 $540,040 $1,087,160
2020 $25,547 $1,627,200 $540,040 $1,087,160
2019 $27,322 $1,871,390 $610,920 $1,260,470
2018 $25,638 $1,871,390 $610,920 $1,260,470
2017 $24,328 $1,871,390 $610,920 $1,260,470
2016 $24,398 $1,876,800 $610,920 $1,265,880
2015 $23,085 $1,876,800 $610,920 $1,265,880
2014 $21,208 $1,876,800 $610,920 $1,265,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1574158

Maine Listings

APN: CUSH-000024-000000-000003

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