Experience coastal luxury in this remarkable multi-family property featuring two completely renovated vacation rental units, each offering exceptional ocean views and modern amenities. This cottage underwent complete reconstruction in 2025, creating a successful investment opportunity in the heart of Perkins Cove.
Both units boast two bedrooms and one bathroom with stunning 200+ sf decks with bold ocean panoramas that stretch to the horizon. Both units include in-unit laundry facilities and showcase quality construction throughout. The custom kitchens enjoy crisp, clean lines with Quartz countertops and upbeat blue custom cabinetry.
The property sits on coveted waterfront land with 20 feet of owned water frontage, allowing guests to launch kayaks directly from the shoreline or simply dip toes in the ocean during the evening stroll. This unique feature transforms every stay into an adventure, whether exploring the rocky coastline or paddling through calm morning waters.
Located in the charming Perkins Cove neighborhood, guests enjoy immediate access to local pottery shops, galleries, and coastal dining. No need to worry about parking. This property enjoys the convenience of a 2 car garage plus room for 3 more vehicles in the private parking area.
The rental income potential proves exceptional, with projections of $200,000 gross revenue in its first year of operation. It is important to note that this property was ready for guests in June thus leaving immense rental potential for full year operation. This turnkey investment combines the appeal of oceanfront living with proven financial performance. Whether you choose to rent both or keep one for yourself and rent the other, this property is a winner.
Quality construction meets coastal charm in this professionally managed rental property, offering investors both immediate income and long-term appreciation potential in one of Maine's most desirable coastal communities.
Active
$3,299,000
117 Perkins Cove Road, Ogunquit, ME 03907
4beds
1,368sqft
Est.:
Multi Family
Built in 1929
-- sqft lot
$-- Zestimate®
$2,412/sqft
$-- HOA
What's special
Oceanfront livingWaterfront landExceptional ocean viewsQuality constructionCoastal charmQuartz countertopsModern amenities
- 133 days |
- 1,232 |
- 15 |
Zillow last checked: 8 hours ago
Listing updated: November 24, 2025 at 04:24am
Listed by:
The Aland Realty Group, LLC
Source: Maine Listings,MLS#: 1638334
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat Pump
Cooling
- Heat Pump
Features
- Shower, Storage
- Flooring: Tile, Luxury Vinyl
- Basement: None
Interior area
- Total structure area: 1,368
- Total interior livable area: 1,368 sqft
- Finished area above ground: 1,368
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Other, Paved, 5 - 10 Spaces, On Site, Garage Door Opener
- Attached garage spaces: 2
Features
- Stories: 3
- Patio & porch: Deck
- Has view: Yes
- View description: Scenic
- Body of water: Atlantic Ocean
- Frontage length: Waterfrontage: 20,Waterfrontage Owned: 20
Lot
- Size: 2,613.6 Square Feet
- Features: City Lot, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood, Level, Open Lot, Sidewalks
Details
- Parcel number: OGUNM003L075
- Zoning: SG2
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary,Cottage
- Property subtype: Multi Family
Materials
- Wood Frame, Clapboard
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- Year built: 1929
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Ogunquit
Financial & listing details
- Price per square foot: $2,412/sqft
- Tax assessed value: $1,449,400
- Annual tax amount: $9,363
- Date on market: 9/19/2025
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2025 | Price change | $3,299,000+57.5%$2,412/sqft |
Source: | ||
| 5/2/2024 | Pending sale | $2,095,000+10.3%$1,531/sqft |
Source: | ||
| 4/26/2024 | Sold | $1,900,000-9.3%$1,389/sqft |
Source: | ||
| 3/4/2024 | Contingent | $2,095,000$1,531/sqft |
Source: | ||
| 2/14/2024 | Listed for sale | $2,095,000-8.9%$1,531/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,363 | $1,449,400 |
| 2023 | $9,363 +2.1% | $1,449,400 -0.1% |
| 2022 | $9,173 +4.4% | $1,451,500 +34.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$16,339/mo
Principal & interest
$12792
Property taxes
$2392
Home insurance
$1155
Climate risks
Neighborhood: 03907
Nearby schools
GreatSchools rating
- 8/10Wells Junior High SchoolGrades: 5-8Distance: 5.8 mi
- 8/10Wells High SchoolGrades: 9-12Distance: 5.8 mi
- 9/10Wells Elementary SchoolGrades: K-4Distance: 5.8 mi
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