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Portside Lakepoint

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1407 Us Route 1Prospect, ME 04981Price: $595,000

  • Price: $595,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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Federal 30-year interest rate: 6.43% last updated on Jul 2, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $595,000List Price
  • 4Bedrooms
  • 3Bathrooms
  • 5.82Acreage
  • 1,354Square Feet
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Listed by Portside Real Estate Group
Set along 745 feet of Penobscot River shoreline, this unique coastal Maine property offers panoramic views of the iconic Penobscot Narrows Bridge, timeless character, and exceptional investment potential. Main home features 3 bedrooms and 2 baths (one on main level), blending charm w/ thoughtful modern updates. Beautifully landscaped grounds and mature plantings create a peaceful waterfront setting perfect for year-round living or a seasonal retreat. Above the detached two-car garage, with its own private entrance, is a 1-bedroom, 1-bath apartment with a previous rental history--ideal for guests, extended family, or supplemental income. Conveniently located between Midcoast and Downeast Maine, the property is just minutes from Fort Knox State Historic Site, the Penobscot Narrows Observatory, and an easy drive to Ellsworth, Mount Desert Island, and Acadia National Park. Positioned along a popular tourism corridor, the expansive grounds offer exciting possibilities for additional investment endeavors. Recent improvements include a renovated kitchen w/ new cabinetry, plumbing, and water filtration; updated bathrooms; rebuilt sunroom w/ new windows and siding; new windows in both the main home and apartment; pine tongue-and-groove finishes; garage exterior improvements; Samsung mini-split heating and cooling systems; electrical upgrades; and numerous cosmetic enhancements throughout. A rare opportunity to own a waterfront property that combines Maine history, income potential, and room to grow! Maine is calling!

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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Portside Lakepoint participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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