Bought with Coldwell Banker Realty
$1,525,000
$1,595,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
2,442 SqFt
SOLD DATE : 10/18/2024
Key Details
Sold Price $1,525,000
Property Type Residential
Sub Type Single Family Residence
Listing Status Sold
Square Footage 2,442 sqft
Subdivision Camp Ellis
MLS Listing ID 1595740
Sold Date 10/18/24
Style Other,Cottage
Bedrooms 8
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 2,442
Year Built 1900
Annual Tax Amount $15,684
Tax Year 2023
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Single Family Residence
Source Maine Listings
Land Area 2442
Property Description
The Peekytoe Cottage and Carriage House is a beachfront family retreat just five minutes south along the shore from famous Old Orchard Beach and its downtown attractions. It is situated near the quiet fishing village of Camp Ellis on Ferry Beach. The cottage is a spacious beachfront house with six bedrooms and three baths. The additional detached Carriage House has two bedrooms, one bath and all provide a stunning view of the entire Saco Bay and its several small islands. At the Peekytoe Cottage, every effort has been made to provide convenience, comfort and atmosphere for a relaxing seaside family vacation.
Incredible investment opportunity with return guests and impressive rental income. Peekytoe Cottage offers a buyer a real estate investment with a solid seasonal rental history, (but could be rented year round). Perfect for passive income, as a large family vacation home, or simply a way to pay down the mortgage of your future beach home, Peekytoe Cottage offers options!
Perfect opportunity for your 1031 exchange, or enjoying the income until you decide to move in? Endless potential for this elevated ocean -front gem!
See extensive list of renovations seller has done since purchasing
The property sits at an elevation above high water mark and behind a riprap seawall to protect from flooding and erosion, and while not a federal requirement, current owners do have a FEMA insurance policy, at a very reasonable annual expense of $2,133 for both dwellings. Buyers are encouraged to seek their own advice;
Location
State ME
County York
Zoning CE (Camp Ellis Shore
Body of Water Atlantic Ocean
Rooms
Basement Interior, Partial, Unfinished
Primary Bedroom Level Second
Bedroom 2 First 12.4X8.8
Bedroom 3 First 9.9X5.1
Bedroom 4 Second 21.0X12.3
Bedroom 5 Third 11.9X13.6
Living Room First 21.4X19.8
Kitchen First 13.7X14.2
Extra Room 1 5.1X6.4
Interior
Interior Features In-Law Apartment, 1st Floor Bedroom, Other, Shower, Storage, Primary Bedroom w/Bath
Heating Zoned, Heat Pump, Direct Vent Heater
Cooling Heat Pump
Flooring Wood, Vinyl, Tile
Equipment Internet Access Available
Fireplace No
Appliance Tankless Water Heater, ENERGY STAR Qualified Appliances, Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
Laundry Laundry - 1st Floor, Main Level
Exterior
Parking Features 5 - 10 Spaces, Other, Paved, On Site, Detached, Off Street, On Street
Garage Spaces 1.0
View Y/N Yes
View Scenic
Roof Type Shingle
Street Surface Paved
Porch Deck, Patio
Garage Yes
Building
Lot Description Other Location, Open, Level, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Railroad
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Architectural Style Other, Cottage
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Security Features Security System
Energy Description Propane, Electric, Gas Bottled
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