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

  • Price: $595,000
  • Est. Mortgage of $/month
  • 22 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.58% last updated on Jul 23, 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
  • 1,354Square Feet
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!
Listed by Erica Brooks of Portside Real Estate Group

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More Info

Tax Information

  • Parcel Number 1407usroute1prospect04684
  • Taxes$3,375

Location

  • Address1407 Us Route 1
  • Building Number1407
  • CountyWaldo
  • StateME
  • StreetUs Route 1
  • TownProspect
  • Zip04981

Property

  • Road Surface Type Paved
  • Sign On Property YN Yes
  • Vehicle Storage 2 Car, Detached, Storage Above

Property Information

  • Acreage5.82
  • Lot Features Near Public Beach, Other, Open Lot, Rolling Slope, Landscaped
  • Square Feet1,354

Water Body

  • Water AccessWell
  • Water Body NamePenobscot River
  • Water Body TypeRiver
  • Water Info Water Frontage Owned 745
  • Water Info Waterfront Amount 745
  • Water ViewYes
  • WaterfrontYes

Parking

  • Parking Features Paved,1 - 4 Spaces, Detached, Storage

Basic Information

  • List Price$595,000
  • MLS Number1670694
  • Property SubTypeSingle Family Residence
  • Property TypeResidential
  • StatusACT
  • Virtual TourView Tour

Interior

  • Furnished Negotiable

Exterior

  • RoofMetal

Utilities

  • Cooling Heat Pump
  • Cooling YN Yes
  • Electric Circuit Breakers
  • Heat System
    • Electric
    • Forced Air
    • Gas Bottled
    • Heat Pump
    • Oil
    • Radiator
  • Heating YN Yes
  • Waste Water DisposalPrivate Sewer, Septic Design Available, Septic Tank

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms4
  • Full Bath3

Building

  • BasementExterior Entry, Interior Entry, Walk-Out Access, Full, Unfinished
  • Flooring Carpet, Tile, Vinyl, Wood
  • GarageYes
  • Garage Spaces2
  • Patio And Porch Features Deck
  • Property StyleNew Englander
  • Rooms8
  • Window Features Double Pane Windows
  • Year Built1933

Amenities

  • Appliances IncludedDishwasher, Dryer, Gas Range, Refrigerator, Washer, Tankless Water Heater
  • Other AmenitiesBasement, Waterfront, Water View

Other

  • Date Listed07/07/2026
  • Other Equipment Internet Access Available

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

46 Casco Rd, Brunswick - Portside Luxury Home 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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