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5 & 7 Sea Street

Phippsburg, ME 04562

4 beds
3 baths
3,310 sqft
7,405 sqft lot
$226 per sqft
1965 build
– on site

Unrivaled opportunity to own an income-producing beach-side getaway in the historic Popham Beach community. Popham destinations are all just a cocktail away: Spinney's Restaurant and Store, Fort Popham, Fort Baldwin, the Popham pier and dock, the Popham Library and even the Church. Enjoy views of Atkins Bay, Fort Popham, Bay Point, while watching the Kennebec River flow into the Atlantic with islands and lighthouses in all directions! This rare offering features a winterized owners' unit with full basement, oil-fired heating, and oversized recreation room above a two car garage - perfect for all your summer (or winter) toys. Alongside is a detached two bedroom rental or guest cottage. All structures and systems boast major renovations over the past three years, including new roof, siding, windows, water system, and more! Annual gross receipts could easily top $100,000 depending on owners' use. Popular booking at Airbnb with 4.85 stars!! The white sands of Popham Beach stretch on for miles, offering epic surfing, skimboarding, sunbathing, and hiking alike. This is easily Maine's best kept secret when it comes to ocean experiences, and this property will offer a lifetime of memories for every moment you are here. And it will pay for itself while you are off adventuring somewhere else. Don't miss the chance to see this home during the open house on Friday, April 26th, from 4 to 6, and Saturday, April 27th, from 3 to 5. Showings begin at the open house Friday 4/26.

Listing courtesy of MREIS / Sharon Drake Real Estate, Inc.

Last checked: Checking… • Last updated Apr 28, 2024 •

MLS# 1587040 —

The Building

Year Built:

1965
Construction Materials:

Shingle Siding, Wood Frame
Roof:

Shingle
Basement:

Full, Partial, Exterior Only, Unfinished
Direction Faces:

None
Window Features:

None
Building Features:

None
Building Area Total:

3310.0
Building Area Source:

Public Records

Interior

Rooms Total:

10
Kitchen:

true
Fireplace:

false
Fireplace Features:

None

Room Dimensions

Living Area:

None

Financial & Terms

Land Lease:

false

Location

Directions:

None

The Property

Lot Features:

Level, Open Lot, Near Golf Course, Near Public Beach
Lot Size:

7,405 Sqft
Lot Size Area:

0.17
Lot Size Acres:

0.17
Lot Size Units:

Acres
Lot Size Source:

Public Records
Lot Size Dimensions:

None
Zoning:

Res
Property Attached:

No
View:

Scenic
Current Use:

None
Possible Use:

None
Topography:

None
Waterfront:

false
Waterfront Features:

Ocean, River
Other Equipment:

None

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$5,170

Beds

Bedrooms Total:

4

Baths

Full Baths:

3
Three Quarter Baths:

None
Partial Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Buyer's Brokerage Compensation:

2.0000

Heating & Cooling

Heating:

Forced Air, Direct Vent Heater
Heating:

true
Cooling:

false
Cooling:

None

Utilities

Utilities:

Utilities On
Electric:

Circuit Breakers
Sewer:

Septic Existing on Site
Water Source:

Well

Appliances

Appliances:

Washer, Refrigerator, Gas Range, Electric Range, Dryer, Dishwasher

Schools

Elementary School:

None
Middle Or Junior School:

None
High School:

None

The Community

Spa Features:

None
Pool Private:

No
Water Body Name:

Atlantic Ocean
Association Amenities:

None
Association Fee Includes:

None
Association:

false

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2.0
Carport Spaces:

None
Parking Features:

1 - 4 Spaces, Paved

Monthly cost estimate

Asking price

$749,000

Expense	Monthly cost
Mortgage	$4,010
Taxes	$430
Insurance	$205
Utilities	$548 See report
Total	$5,193/mo.^*
	^*This is an estimate

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From

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Air Pollution Index

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Max Internet Speed

Xfinity

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
4/25/24 Apr 25, 2024	Listed / Active	MREIS	$749,000
4/22/24 Apr 22, 2024	Delisted / Withdrawn	MREIS	$749,000

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This house located in Phippsburg, ME 04562 is currently for sale for $749,000. 5 & 7 Sea Street is a 3,310 square foot house with 4 beds and 3 baths that has been on Estately for 12 days. This house is in the attendance area of Morse High School.

Listing Provided Courtesy of Sharon Drake Real Estate, Inc.

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. This website does not display complete Listings. Certain Listings of other real estate brokerage firms have been excluded.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.