245 Arundel Road Kennebunkport, ME
$1,995,000
Square Footage 10,491
Acres 7.00
Description
A GOOD INVESTMENT FOR THE ENTERPRISING PERSON! Explore this exceptional property, which includes a restored 1905 barn converted into a magnificent venue and residence. The first level is a beautiful venue for hosting special events or corporate gatherings, accommodating up to 150 guests. It features a bar, a commercial kitchen, and a bathroom. Outside, there's a seating area w/ firepit and a bar, along with a charming gazebo perfect for outdoor weddings. Prospective buyers must conduct thorough due diligence to obtain planning board approvals, as the property is zoned for agricultural, commercial, and recreational use. Any other commercial uses would require approval from the planning board. The living space above the event area comprises 3 floors, including 5 BRs, 2 BAs, a media rm and game rm. The primary BR suite with an adjacent sitting rm includes a full BA, a hot tub, and a laundry area. The upper level features an additional BR, laundry hook-up, and flex space. Additionally, the property features a 4,000-SF garage, a studio/office, and a barn with potential for conversion back into horse stalls. The expansive fields and picturesque pond further enhance the allure of this property. The septic system is designed for a 3-bedroom single-family dwelling; however, buyers must check with the planning board for increased usage. Take advantage of this opportunity to own a property that offers a unique blend of historic charm and modern luxury with endless possibilities.
Listed by Town Square Realty Group, & Ann Lapierre 207-324-2860
Details
MLS 1606349
Status Active
Price $1,995,000
DOM 101 days
Type Commercial
Square Feet 10,491 sqft
Lot Size 7.00 acres
Year Built 1905
Taxes Paid $4,258
Lot & Building Features
Cooling None
Tax Year 2025
Taxes Paid $4,258
Room Details
Basement Description None
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Financing
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6.75%
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per month
Principal & Interest
Monthly Taxes
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Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.