1407 Us Highway 1, Prospect, ME 04981
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
Listed by:danielle liscomb
Office:realty of maine
MLS#:1630175
Source:ME_MREIS
Price summary
- Price:$549,000
- Price per sq. ft.:$405.47
About this home
Coastal Maine gem nestled on the banks of the Penobscot River, offering 745 feet of shoreline and breathtaking panoramic views of the iconic Penobscot Narrows Bridge. This character-filled property blends history, opportunity, and natural beauty all in one.
The main home features 3 bedrooms and 1¼ baths, showcasing original historic charm throughout. While cosmetic upgrades would enhance the space, there's great potential for reconfiguring to add larger bathrooms or expand the kitchen. The beautifully landscaped grounds, mature plantings, and riverside setting create a tranquil retreat full of possibility.
Above the detached 2 car garage, with a separate back entrance, you'll find a charming 1 bedroom, 1 bathroom fully furnished apartment/in law suite with a successful Airbnb and short-term rental history, perfect for generating additional income or hosting guests.
This property is perfectly positioned between the Mid Coast Maine area, and the attractions of Fort Knox Historic Site & the Penobscot Narrows Observatory, while being an easy drive to Ellsworth or Acadia National Park, attracting seasonal visitors, and outdoor enthusiasts. The large, open grounds have potential for adding seasonal cottages, food trucks, or additional short-term rentals—a smart investment opportunity in a high-traffic tourism corridor.
Whether you're looking for a primary residence with income options, a seasonal retreat, or a unique coastal business venture, this property has it all.
Contact an agent
Home facts
- Year built:1933
- Listing ID #:1630175
- Updated:September 27, 2025 at 03:23 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Living area:1,354 sq. ft.
Heating and cooling
- Heating:Baseboard, Direct Vent Furnace, Direct Vent Heater, Forced Air, Hot Water
Structure and exterior
- Year built:1933
- Building area:1,354 sq. ft.
- Lot area:5.82 Acres
Utilities
- Water:Private
- Sewer:Private Sewer, Septic Design Available
Finances and disclosures
- Price:$549,000
- Price per sq. ft.:$405.47
- Tax amount:$3,374 (2024)
New listings near 1407 Us Highway 1
- New$325,000Active3 beds 2 baths1,600 sq. ft.
505 Bowden Point Road, Prospect, ME 04981
MLS# 1638446Listed by: TWO RIVERS REALTY, LLC - $220,000Active46 Acres
150 Bowden Point Road, Prospect, ME 04981
MLS# 1636707Listed by: OWNERENTRY.COM - $399,000Active7 beds 3 baths2,420 sq. ft.
587 N North Searsport Road, Prospect, ME 04981
MLS# 1636294Listed by: OCEAN'S EDGE REALTY LLC - $567,500Pending3 beds 2 baths1,834 sq. ft.
69 Hatch Road, Prospect, ME 04981
MLS# 1634566Listed by: NEXTHOME EXPERIENCE - $115,000Pending4 beds 1 baths1,000 sq. ft.
311 & 313 N North Searsport Road, Prospect, ME 04981
MLS# 1632171Listed by: NEXTHOME EXPERIENCE - $50,000Active2.18 Acres
1357 U.s Rte 1, Prospect, ME 04981
MLS# 1630885Listed by: NEXTHOME EXPERIENCE - $259,000Active2 beds 2 baths1,650 sq. ft.
4 Switzer Spring Road, Prospect, ME 04981
MLS# 1630232Listed by: THE CHRISTOPHER GROUP, LLC - $50,000Active3.8 Acres
430 Fort Knox Road, Prospect, ME 04981
MLS# 1628033Listed by: BERKSHIRE HATHAWAY HOMESERVICES NORTHEAST REAL ESTATE - Listed by BHGRE$950,000Active3 beds 3 baths2,565 sq. ft.
259-265 Bowden Point Road, Prospect, ME 04981
MLS# 1623351Listed by: BETTER HOMES & GARDENS REAL ESTATE/THE MASIELLO GROUP