Damariscotta Just Listed Real Estate for Sale

Damariscotta Just Listed Real Estate for Sale

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Damariscotta Just Listed Real Estate for Sale

$1,749,000
4 Beds 3 Baths 1662806 MLS
Perched high above the Damariscotta River with sweeping views of the village, harbor, and waterfront, this extraordinary newly constructed custom home offers luxury coastal living on 1.95± elevated acres with approximately 286 feet of privately owned waterfront. Offering 3,212± square feet, the thoughtfully designed residence features 4 bedrooms, 3 full baths, and walls of glass that capture breathtaking water views and natural light throughout. A welcoming farmer's porch leads to an open-concept living area where the great room and custom Shiloh kitchen create the perfect setting for entertaining. The kitchen is beautifully appointed with Taj Quartz countertops and backsplash, a custom hood vent, premium Thermador Professional wireless appliances, and custom cabinetry. Hardwood flooring extends throughout, complemented by central air conditioning for year-round comfort. The spacious junior suite enjoys tranquil river views, while the luxurious primary suite offers a private TimberTech balcony with glass railings overlooking the water. The spa-inspired primary bath features a soaking tub and elegant finishes designed for relaxation. Additional highlights include a custom laundry room with built-ins, expansive outdoor living spaces, an attached 24' x 28' garage, and a walk-out lower level with additional garage space ideal for kayaks, paddleboards, workshop space, or boat storage. Enjoy front-row views of Damariscotta's Fourth of July fireworks from the comfort of your own home. Ideally located just minutes from downtown Damariscotta's restaurants, shops, marinas, and LincolnHealth - Miles Campus, this home offers the perfect combination of privacy and convenience.

80 Riverview Lndg, Damariscotta

Listing courtesy of Newcastle Realty. 207-563-1003

$995,000
5 Baths 1663212 MLS
A rare opportunity to own a waterfront income-producing property in the heart of downtown Damariscotta. 11 Water Street combines four residential rental units, established income, significant recent improvements, on-site parking, and approximately 70 feet of frontage on the Damariscotta River. Situated directly in downtown Damariscotta, it is within easy walking distance of restaurants, shops, and galleries, offering an option that is exceptionally difficult to find. The building's layout and commercial zoning offer flexibility for an owner who may ultimately envision a different mix of residential, commercial, or mixed-use occupancy, creating the opportunity to acquire an established income-producing property today while retaining options for tomorrow. The significant work required to maintain and modernize an older property has already been completed, including updated electrical and plumbing systems, insulation, heat pumps, roofing and gutters, and a sprinkler system. The building has been thoughtfully renovated--including the addition of two large waterfront decks providing views of the harbor and wonderful sunsets--while retaining the character and architectural details that make it distinctive. Originally constructed in 1803, the building has served a variety of purposes over its long history and retains the character and presence of a historic downtown property. Today's buyer has the advantage of acquiring that character together with an established income-producing property and valuable waterfront location. For an investor looking for a property that combines current income, a premier downtown location, river frontage, multiple rental units, substantial improvements, and future flexibility, 11 Water Street presents an uncommon opportunity. It is a property with a story--but more importantly, it is a property with income, real estate fundamentals, and options for the future.

11 Water St, Damariscotta

Listing courtesy of Newcastle Realty. 207-563-1003

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