$475,000
SOLD MAY 16, 2025

490 Eastside Rd Hancock, ME 04640

4 Beds
2 Baths
2,400 Sq Ft
1 Acres

Recently Sold

$198 Per Sq Ft

5% Below List Price

69 Days on Market

Highlights

  • Nearby Water Access
  • Above Ground Pool
  • Cape Cod Architecture
  • Public Beach
  • Scenic Views
  • Deck

About This Home

As of May 2025

Charming Historic Home with Airbnb Potential - Fully FurnishedLocated 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

Marc Rich

Berkshire Hathaway HomeServices Northeast Real Estate Listed on: 01/20/2025

Berkshire Hathaway HomeServices Northeast Real Estate

Last Buyer's Agent

Cindy Gannon

True North Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,643

Year Built

  • Built in 1880

Lot Details

  • 1 Acre Lot
  • Public Beach
  • Level Lot
  • Property is zoned RR

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • Living Room
  • Bonus Room
  • Scenic Vista Views
  • Storm Doors

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Above Ground Pool
  • Nearby Water Access
  • Deck
  • Shed

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Septic System
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Property is near a golf course

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 018
  • Assessor Parcel Number HANK-000113-000000-000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,643

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 1 to Hancock Right on Eastside. 2.3 miles to 490.
  • Above Grade Finished Sq Ft: 2400.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2400.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Living Room:Living Room: Yes
  • Roof:Composition2: Yes
  • Location:Near Public Beach: Yes
  • Bonus Room:Bonus Room: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Amenities:Pool-Above Ground: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Other Equipment: Cable
  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Interior, Walk-Out Access, Full, Bulkhead
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Near Golf Course, Near Public Beach
  • Pool Features: Above Ground
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Hancock Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: HANK-000113-000000-000018
  • Zoning: RR

Tax Info

  • Tax Annual Amount: 1643.0
  • Tax Book Number: 3062
  • Tax Lot: 018
  • Tax Map Number: 113
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2025
Closed on
May 16, 2025
Sold by
Ross James K and Ross Annabel L
Bought by
Woshinsky David and Sedgh Marjan
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
319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.52%
Original Mortgage
$403,750
Outstanding Balance
$403,750
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,437
Source: Public Records

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Range of Values:

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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
Quit Claim Deed $475,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $403,750 Purchase Money Mortgage
Previous Owner $31,200 Unknown
Previous Owner $153,450 Unknown
Previous Owner $40,560 FHA
Previous Owner $125,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $475,000 -4.8% $198 / Sq Ft
03/30/2025 03/30/25 Pending -- -- --
01/20/2025 01/20/25 For Sale $499,000 -- $208 / 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 $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

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Map

Source: Maine Listings

MLS Number: 1612844

Maine Listings

APN: HANK-000113-000000-000018