$10,500,000

Oceanfront Estate With Heated Infinity Pool Retreat

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  • MLS#1647042

About the Property

This is a portfolio offering: 886, 898, and 904 Commercial Street. Four buildings, four tax maps, 11 acres. See tax map overview pdf in documents.

This immaculate two-portfolio sister property sits on an 11-acre oceanfront hillside estate in Rockport, Maine, offering 42 rooms, two heated pools, one with vanishing edge, thoughtful landscaping, expansion opportunity, and a beautiful view of
This is a portfolio offering: 886, 898, and 904 Commercial Street. Four buildings, four tax maps, 11 acres. See tax map overview pdf in documents.

This immaculate two-portfolio sister property sits on an 11-acre oceanfront hillside estate in Rockport, Maine, offering 42 rooms, two heated pools, one with vanishing edge, thoughtful landscaping, expansion opportunity, and a beautiful view of Ram Island and Penobscot Bay.

A true bonus at this offering is the beautiful manager or owner’s apartment, with a newly remodeled kitchen with granite, a large island which opens to the great room featuring a wall of picture windows facing the ocean. There’s a full bedroom with ensuite bath, plus a hall bath, and an office area. This can be rented as a luxury short or long term suite to add to the revenue stream.

Total of 21 units at Strawberry Hill Inn, all in one building. At Island View Inn: the large building has 15 units; the next building to the north has 3 rental units + owner’s quarters (with the infinity pool); the small building to the north of that has 3 units (one is a suite that is part of the rental pool, the other 2 units upstairs are occupied by the owner’s family). Forty of the 42 units are being rented at the present time.

The Strawberry Hill and Island View Portfolio represent a rare opportunity to acquire a proven, income-producing hospitality portfolio in one of midcoast Maine’s most sought-after, Route One coastal destinations.

Both properties see consistently strong seasonal occupancy fueled by steady tourism demand, alongside growing off-season business. Strawberry Hill has been operated year round, new owners could also keep Island View open year round as well. With expansive, scarce waterfront acreage, impeccably maintained buildings and grounds, clear potential for further development, and a prime location, this portfolio offers immediate revenue strength and exceptional long-term appreciation potential in a market with limited waterfront competition.
  • Property type

    Other

  • Year built

    1993

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886 Commercial Street Rockport ME 04856 USA, Maine, United States View on Google Maps
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Dana Moos

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Dana Moos
Maine, United States
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Portside Real Estate Group
Portside Real Estate Group
417 US Route One, 4105, Falmouth, Maine, United States
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Founded in 2012, Portside Real Estate Group is the #1 Independent Agency for Luxury Buyer + Seller Representatio

Founded in 2012, Portside Real Estate Group is the #1 Independent Agency for Luxury Buyer + Seller Representation in Maine and New Hampshire with offices in Portland, Falmouth, Yarmouth, Cape Elizabeth, Brunswick, Kennebunk, Maine and Portsmouth, New Hampshire. Portside provides full-service brokerage, with powerful marketing strategies, for all their clients. Their team of brokers, agents and employees are experienced leaders in the real estate industry, in addition to being well-rounded members of the greater Portland area communities. Portside’s mission is to bring a more personalized approach as a local, boutique real estate agency.


Portside provides a full service brokerage, with powerful marketing strategies, for all of their clients. Their team of brokers, agents and employees are experienced leaders in the real estate industry, in addition to being well-rounded members of the southern + coastal Maine and New Hampshire communities.


Portside’s mission is to bring a personalized approach as a local, boutique real estate agency. The company donates over $200,000 a year to local nonprofits through their Portside Gives Back Campaign which includes major fundraising events throughout the year.


In 10 years, the company has expanded to seven boutique locations as real estate consumers and agents gravitated to the retail location and cozy vibe of the offices and Portside’s style of growing a referral-based business.


For more information, visit [hidden information].

Last updated
Yesterday
First listed
Aug 21
Listing reference
8077d1c3-9c50-11f1-831f-6045bdd61ac4

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