1407 Us Highway 1
Prospect, ME 04981
Map
- 3 beds
- 2 baths
- 1,354 sqft
- ~6 acre lot
- $435 per sqft
- 1933 build
- – on site
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.
Last checked:
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Last updated Jul 11, 2025
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MLS# 1630175 —
The Building
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Year Built:1933
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Construction Materials:Vinyl Siding, Wood Frame
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Roof:Metal, Shingle
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Basement:Interior, Walk-Out Access, Full
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Direction Faces:None
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Building Features:None
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Patio And Porch Features:Deck, Glass Enclosed
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Building Area Total:1354.0
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Building Area Source:Public Records
Interior
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Furnished:Furnished
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Rooms Total:7
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Kitchen:true
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Fireplace:false
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Fireplace Features:None
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Flooring:Vinyl, Tile, Laminate, Carpet
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Levels:Multi-Level
Room Dimensions
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Living Area:None
Financial & Terms
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Land Lease:false
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Rent Includes:None
Location
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Directions:None
The Property
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Lot Features:Well Landscaped, Rolling/Sloping, Open, Level, Right of Way, Wooded, Near Public Beach, Near Shopping
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Lot Size:253,519 Sqft
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Lot Size Area:5.82
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Lot Size Acres:5.82
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Lot Size Units:Acres
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Lot Size Source:Public Records
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Lot Size Dimensions:None
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Zoning:Rural
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Property Attached:No
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View:Scenic
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Current Use:None
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Possible Use:None
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Topography:None
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Waterfront:true
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Fencing:Fenced
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (207) 745-1189
- Office phone:
- (207) 942-6310
Taxes
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Tax Year:2024
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Tax Annual Amount:$3,374.80
Beds
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Bedrooms Total:3
Baths
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Full Baths:1
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Three Quarter Baths:None
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Half Baths:1
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Partial Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/mreis/1630175
Heating & Cooling
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Heating:Zoned, Hot Water, Forced Air, Direct Vent Heater, Direct Vent Furnace, Baseboard
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Heating:true
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Cooling:false
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Cooling:None
Utilities
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Electric:Circuit Breakers
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Sewer:Private Sewer, Septic Design Available
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Water Source:Private
Appliances
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Appliances:Washer, Refrigerator, Gas Range, Dryer, Dishwasher
Schools
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Elementary School:None
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Middle Or Junior School:None
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High School:None
The Community
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Spa Features:None
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Pool Private:No
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Water Body Name:Penobscot River
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Association Amenities:None
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Association Fee Includes:None
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:2.0
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Carport Spaces:None
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Parking Features:Heated, Auto Door Opener, 11 - 20 Spaces, Paved, Detached
Monthly cost estimate
Asking price
$589,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,153
|
| Taxes | $281 |
| Insurance | $161 |
| Utilities | $369 See report |
| Total | $3,964/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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7/11/25
Jul 11, 2025
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Listed / Active | MREIS | $589,000 | |
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1/16/24
Jan 16, 2024
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Listed / Active | MREIS | ||
|
6/23/22
Jun 23, 2022
|
Sold | MREIS |
