Nestled on 7.8 acres of scenic land, this unique two-unit property offers both income potential and plenty of space for your personal enjoyment. Located in the heart of Monmouth, ME, it includes a successful Airbnb-ready 4-bedroom, 3-bathroom home, a cozy 2-bedroom, 1.5-bathroom unit, an old cider barn full of character, and private access to the tranquil Cochnewagon Lake just across the railroad tracks. The spacious 4-bedroom, 3-bathroom unit has been a consistently successful Airbnb, making it an ideal investment opportunity or a perfect space for large families. With its bright, open layout, the home features modern amenities while retaining classic New England charm. Expansive living areas, a fully equipped kitchen, and cozy bedrooms provide guests with a comfortable, memorable stay. The property's sprawling yard and serene surroundings further elevate the guest experience, offering them a true escape.The second unit is a 2-bedroom, 1.5-bathroom home that was rented to a family friend under market value, offering potential for a new tenant at full market rate or a private in-law suite. This unit is perfect for multigenerational living or additional rental income. With a spacious kitchen, cozy living spaces, and a private entry, this unit provides both comfort and privacy. A unique feature of this property is the charming old cider barn, full of rustic character and ready for transformation. Whether you're looking for additional storage, a workshop, or a space to create your own studio, this historic structure adds character and versatility to the property.Enjoy the serenity and beauty of Cochnewagon Lake just a short walk away across the railroad tracks. Whether you're into boating, fishing, or simply enjoying nature, this access provides a special touch to this already incredible property.
Pending
Price cut: $20K (2/13)
$575,000
549 Main Street, Monmouth, ME 04259
6beds
4,340sqft
Est.:
Multi Family
Built in 1905
-- sqft lot
$541,000 Zestimate®
$132/sqft
$-- HOA
What's special
Serene surroundingsPrivate entrySprawling yardPrivate in-law suiteModern amenitiesScenic landCozy living spaces
- 109 days
- on Zillow |
- 552 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: April 15, 2025 at 05:39am
Listed by:
Summit Real Estate
Source: Maine Listings,MLS#: 1612072

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Hot Water, Heat Pump, Forced Air, Baseboard
Cooling
- None
Appliances
- Laundry: Laundry - 1st Floor, Main Level
Features
- Walk-In Closet(s), Attic, Bathtub, Shower, Storage, Primary Bedroom w/Bath
- Flooring: Wood, Vinyl, Tile, Carpet
- Basement: Full,Unfinished
Interior area
- Total structure area: 4,340
- Total interior livable area: 4,340 sqft
- Finished area above ground: 4,340
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: 11 - 20 Spaces, Paved, On Site, Inside Entrance, Off Street
- Attached garage spaces: 4
Features
- Patio & porch: Deck, Porch
- Waterfront features: Lake
- Body of water: Cochnewagon
Lot
- Size: 7.9 Acres
- Features: Level, Rural
Details
- Additional structures: Shed(s), Outbuilding
- Parcel number: MONMM16L28
- Zoning: RES
- Other equipment: Internet Access Available, Cable
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Farmhouse
- Property subtype: Multi Family
Materials
- Shingle Siding, Clapboard, Aluminum Siding, Other, Wood Frame
- Foundation: Granite, Concrete Perimeter, Brick/Mortar
- Roof: Metal,Shingle
Condition
- Year built: 1905
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Monmouth
Financial & listing details
- Price per square foot: $132/sqft
- Tax assessed value: $253,400
- Annual tax amount: $4,587
- Date on market: 1/6/2025
- Road surface type: Paved
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