NOT LISTED FOR SALE

5 Gray Farm Rd Mount Desert, ME 04660

Estimated Value: $1,123,348 - $1,330,000

3 Beds
2.5 Baths
4,154 Sq Ft
$290/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $1,095,000 $264 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,060/month

91 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Wooded Lot
  • Mt Desert Elementary School Rated A+
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of March 2024

Gray Farm is located in the quiet Village of Pretty Marsh in the town of Mount Desert. The original residence was built in the early 1800's but has been fully renovated, rebuilt and meticulously maintained through the years to provide for all the amenities of a modern day house. Thoughtfully designed kitchen with walk-in pantry, separate dining room, living room with wood burning fireplace, first floor primary bedroom with en-suite bathroom and library provide complete first floor living. The full second floor consists of two bedrooms, workroom, full bathroom and a spectacular room currently used as a studio. A wall of windows frame the ever-changing view of Goose Cove Pond. This year round home is close to Bartlett's Landing public boat launch, Acadia National Park and Long Pond. A quiet spot on this beautiful island!

Last Agent to Sell the Property

Beth Ingebritson

The Knowles Company Brokerage Phone: 207 276-3322 Listed on: 11/29/2023

Last Buyer's Agent

Eileen McMorrow-Hallock

The Knowles Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,481

Year Built

  • Built in 1920

Lot Details

  • 4 Acre Lot
  • Ocean Front
  • Street terminates at a dead end
  • Rural Setting
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned SR3

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

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

Interior Spaces

  • 4,154 Sq Ft Home
  • Built-In Features
  • Wood Burning Fireplace
  • Gas Fireplace
  • Great Room
  • Living Room with Fireplace
  • Home Office
  • Library

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Nearby Water Access
  • Property Near A Cove
  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number MTDS-000011-000000-000080

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,481

Year Built

Built in 1920

Lot Details

4 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.0
  • Road Surface Type: Paved
  • Water Body Name: Goose Marsh Pond
  • MLS Status: Closed
  • Directions: From Somesville take Pretty Marsh Rd. Turn right onto Indian Point Rd. At the stop sign continue straight. Gray Farm Road is the first road to your left. 5 Gray Farm is the first house on the left.
  • Above Grade Finished Sq Ft: 4154.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1920
  • Attribution Contact: 207 276-3322
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 288.88
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.0
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 4154.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • 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:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Island2: Yes
  • Room Features:Walk-in Closet17: Yes
  • Roof:Composition2: Yes
  • Office:Office: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Great Room:Great Room: Yes
  • View:Scenic: Yes
  • Water Info:Island3: No
  • Room Features:Built-Ins30: Yes
  • Library:Library: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Bedroom 1 Amenities:Walk-in Closet: Yes
  • Room Features:Gas Fireplace29: Yes
  • Library Amenities:Built-Ins12: Yes
  • Great Room Amenities:Gas Fireplace8: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Gray Farm is centrally located on 4 acres in the quiet Village of Pretty Marsh in the town of Mount Desert. The residence was originally built in the early 1800's but has been fully renovated through the years to provide for all the amenities of a modern day house with the charm.e. There are three bedrooms with three-and-one half baths, formal living and dining rooms, a spacious family room and long outdoor terraces. The master suite is conveniently located on the first floor. This historic residence overlooks a quiet saltwater cove, is surrounded by significant plantings, and well insulated from the road. A separate lot across the road includes a new three bay garage
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Wooded, Rural
  • View: Scenic
  • Waterfront Features: Cove, Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 174240.0
  • Parcel #: MTDS-000011-000000-000080
  • Zoning: SR3

Tax Info

  • Tax Annual Amount: 6481.0
  • Tax Lot: 80
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2010
Closed on
Oct 25, 2012
Sold by
Ann A Scott Ret
Bought by
Burnham Jeffrey B and Mcquaid Kathleen K
Seller's Agent
Danielle Davis
The Davis Agency
Buyer's Agent
Matthew Morehouse
Mount Desert Island Real Estate
List Price
$975,000
Sold Price
$440,000
Premium/Discount to List
-$535,000
-54.87%
Current Estimated Value
$1,204,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$764,783
Avg. Annual Appreciation
7.79%
Original Mortgage
$300,000
Outstanding Balance
$208,966
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$995,817

Purchase Details

Closed on
Aug 23, 2005
Sold by
Harkins Tillson W
Bought by
Scott Ron and Scott Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Purchase History

Date Buyer Sale Price Title Company
Burnham Jeffrey B -- --
Scott Ron -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnham Jeffrey B $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2024 03/25/24 Sold $1,095,000 -8.8% $264 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
11/29/2023 11/29/23 For Sale $1,200,000 +172.7% $289 / Sq Ft
10/24/2012 10/24/12 Sold $440,000 -54.9% $138 / Sq Ft View Prior Sale
08/21/2012 08/21/12 Pending -- -- --
11/15/2010 11/15/10 For Sale $975,000 -- $307 / 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 $7,460 $802,100 $353,700 $448,400
2023 $6,482 $743,300 $294,900 $448,400
2022 $5,976 $743,300 $294,900 $448,400
2021 $4,849 $587,700 $300,100 $287,600
2020 $4,690 $587,700 $300,100 $287,600
2019 $1,248 $587,700 $300,100 $287,600
2018 $4,508 $587,700 $300,100 $287,600
2017 $4,361 $587,700 $300,100 $287,600
2016 $1,068 $587,700 $300,100 $287,600
2015 $4,179 $587,700 $300,100 $287,600
2013 $3,985 $587,700 $300,100 $287,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1578328

Maine Listings

APN: 011/ / 080/000 /

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