$1,200,000
$250K PRICE DROP

Estimated payment $7,702/month

Total Views 10,313
-- Bed
6 Baths
3,488 Sq Ft
$344 Price per Sq Ft

Highlights

  • Water Views
  • Deck
  • New Englander Architecture
  • Property is near a beach
  • Property is near public transit and shops
  • No HOA

About This Home

An incredible investment opportunity in a breathtaking locale! Six well-maintained units steps away from seven miles of ocean shoreline make this a seldom-seen gem you don't want to miss. Be it an owner-occupied or investor scenario, a strong rental history underscores the potential of this special spot. The property has historically employed a season-focused rental approach, with summer months welcoming shorter-term beach goers and the cooler seasons attracting traveling professionals. Each space is equipped with in-unit laundry, making day-to-day living (and guest stays) a breeze. Ample parking behind the building provides convenience for all. The scent of salty air, marsh & water views, coastal wildlife sightings, and golden hour walks on the beach make each day magical. Effortless access to this quieter stretch of shoreline via Snowberry Park feels like a true retreat. Pine Point's offerings are steps away, meaning you can eat, drink, and be merry without having to hop in the car. Scarborough provides everything a heart desires, but when adventure calls outside the bounds of town, Portland is within easy reach, as is the highway. A rare find with lasting rewards - a must-see!

Listing Agent

Bridget King Jason Miller

King + Miller Real Estate Brokerage Email: info@kingmillerrealestate.com Listed on: 05/06/2026

Co-Listing Agent

Benjamin Schulz

King + Miller Real Estate Brokerage Email: info@kingmillerrealestate.com

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,432

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 6 Full Bathrooms
  • 3,488 Sq Ft Home
  • 3-Story Property
  • Water Views

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Property is near a beach
  • Deck
  • Patio
  • Outbuilding

Location

  • Property is near public transit and shops
  • Near Waterfront

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 003

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Pine Point Subdivision

Building Details

  • Operating Expense $59,596
  • Gross Income $167,333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,432

Year Built

Built in 1900

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Water Body Name: Ocean
  • MLS Status: Active
  • Subdivision Name: Pine Point
  • Above Grade Finished Sq Ft: 3488.00
  • Architectural Style: New Englander, Other
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 3
  • Year Built: 1900
  • Attribution Contact: info@kingmillerrealestate.com
  • Property Information:Seasonal: No
  • Water Info:Water View2: Yes
  • Location:Location: Near Public Beach, Near Shopping, Neighborhood, Other Location
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Has Basement: Not Applicable, Slab
  • Full Bathrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Stories: 3

Exterior Features

  • Lot Features: Near Public Beach, Near Shopping, Neighborhood, Other, Level, Near Public Transit
  • Waterfront Features: Nearby, Public, ROW to Water
  • Waterfront: No
  • Construction Type: Wood Frame, Shingle Siding
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, 5 - 10 Spaces, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Propane, Direct Vent Heater, Forced Air, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.00
  • Zoning: B1

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 167333.00
  • Annual Operating Expense: 59596.00

Tax Info

  • Tax Annual Amount: 13432.00
  • Tax Lot: 003
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $13,432 $1,185,500 $933,300 $252,200
2024 $12,958 $1,185,500 $933,300 $252,200
2023 $10,061 $630,000 $400,000 $230,000
2022 $9,696 $630,000 $400,000 $230,000
2021 $9,463 $630,000 $400,000 $230,000
2020 $9,362 $630,000 $400,000 $230,000
2019 $5,460 $630,000 $400,000 $230,000
2017 $8,351 $506,400 $325,600 $180,800
2016 $5,398 $506,400 $325,600 $180,800
2015 $7,844 $506,400 $325,600 $180,800
2014 $7,224 $478,400 $325,600 $152,800
2013 $7,066 $478,400 $325,600 $152,800
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 Prior Sale
08/16/2026 08/16/26 Price Changed $1,200,000 -7.7% $344 / Sq Ft
07/10/2026 07/10/26 Price Changed $1,300,000 -10.3% $373 / Sq Ft
05/06/2026 05/06/26 For Sale $1,450,000 +122.2% $416 / Sq Ft
05/15/2017 05/15/17 Sold $652,500 -6.7% $187 / Sq Ft View Prior Sale
03/10/2017 03/10/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $699,000 -- $200 / Sq Ft
Source: Maine Listings

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 Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
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 Loan Amount Loan Type
Open $489,375 Purchase Money Mortgage
Closed $488,000 Purchase Money Mortgage
Source: Public Records

Source: Maine Listings

MLS Number: 1660871

Maine Listings

APN: SCAR U02-200-3

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