Seller's Agent in 2025
Marc Rich
Berkshire Hathaway HomeServices Northeast Real Estate
(207) 852-8595
7 in this area
47 Total Sales
490 E Side Rd Hancock, ME 04640
Estimated Value: $307,000 - $462,000
Studio
2
Baths
2,400
Sq Ft
$170/Sq Ft
Est. Value
Highlights
- Above Ground Pool
- Cape Cod Architecture
- Main Floor Bedroom
- Scenic Views
- Deck
- No HOA
About This Home
As of May 2025Charming Historic Home with Airbnb Potential - Fully Furnished Located on scenic Hancock Point, just minutes from the ocean, Mount Desert Island, and Acadia National Park, this unique property offers boundless recreation and breathtaking natural beauty. Originally built in the late 1800s, the home features a spacious addition from 1978 and has undergone numerous renovations and updates, including a recently installed oil furnace. Wood stoe and central vacuum. With a flexible layout, the property can function as a single-family home or be divided into two separate two-bedroom apartments—each with its own living room, kitchen, and a full bathroom with a jetted tub. This home has been a profitable Airbnb for the past several years and is being sold fully furnished, complete with all the essentials needed to continue its successful rental operation. The sale includes all furniture, linens, cookware, and most kitchen necessities. Enjoy the beautifully maintained perennial gardens, inviting outdoor living spaces, and an 18' x 33' above-ground pool. Whether you're looking for a charming family retreat, an investment opportunity, or both, this is a must-see property. Don't miss out on this exceptional home—schedule a viewing today!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Northeast Real Estate Listed on: 01/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,643
Year Built
- Built in 1880
Lot Details
- 1 Acre Lot
- Landscaped
Parking
- 2 Car Garage
Home Design
- Cape Cod Architecture
- Poured Concrete
- Wood Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 2,400 Sq Ft Home
- Double Pane Windows
- Scenic Vista Views
- Laundry on main level
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Bathtub
- Shower Only
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Above Ground Pool
- Deck
- Patio
Utilities
- No Cooling
- Baseboard Heating
- Hot Water Heating System
- Private Water Source
- Septic Tank
- Internet Available
Additional Features
- Doors are 32 inches wide or more
- Property is near golf course and shops
Listing and Financial Details
- Tax Lot 018
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $2,500
- Gross Income $41,000
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2025
Closed on
May 16, 2025
Sold by
Bought by
Seller's Agent
Marc Rich
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Cindy Gannon
True North Realty, Inc.
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Views
1372
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,117
Avg. Annual Appreciation
-13.42%
Original Mortgage
$403,750
Outstanding Balance
$399,356
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$9,527
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $475,000 | None Available | ||
| $475,000 | None Available | ||
| $475,000 | None Available |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $403,750 | ||
| Closed | $403,750 |
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 |
|---|---|---|---|---|
| 05/20/2025 05/20/25 | Sold | $475,000 | -4.8% | $198 / Sq Ft |
| 01/20/2025 01/20/25 | For Sale | $499,000 | -- | $208 / Sq Ft |
Source: Maine Listings
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 | $2,008 | $208,100 | $53,300 | $154,800 |
| 2024 | $1,839 | $156,500 | $40,100 | $116,400 |
| 2023 | $1,643 | $156,500 | $40,100 | $116,400 |
| 2022 | $1,643 | $156,500 | $40,100 | $116,400 |
| 2021 | $1,722 | $156,500 | $40,100 | $116,400 |
| 2019 | $1,675 | $156,500 | $40,100 | $116,400 |
| 2018 | $1,722 | $156,500 | $40,100 | $116,400 |
| 2017 | $1,722 | $156,500 | $40,100 | $116,400 |
| 2016 | $1,723 | $156,600 | $40,100 | $116,500 |
| 2015 | $1,621 | $156,600 | $40,100 | $116,500 |
| 2014 | $1,566 | $156,600 | $40,100 | $116,500 |
| 2013 | $1,595 | $160,300 | $40,100 | $120,200 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Rich
-
Cindy Gannon
Buyer's Agent in 2025
Cindy Gannon
True North Realty, Inc.
(207) 717-3084
2 in this area
119 Total Sales
Map
Source: Maine Listings
MLS Number: 1612855
APN: HANK-000113-000000-000018
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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