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4 Beds
3 Baths
1,354 sqft

$529,000

1407 US Highway 1, Prospect ME, 04981

Built in1933
Property size1,354 sqft
Property typeResidential
Courtesy of Portside Real Estate Group

Overview

Active

Listed Jul 7, 2026

Updated 2 days ago

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!

$3,519/mo

Est. mortgage payment based on a $529,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1670694

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
5.82 Acres

Other Property Details

Taxes
$3,375
Tax Frequency
Annually
Garage
Yes
View
Yes
Waterfront
Yes
MLS provider logo

Listing Contact: 207-217-0505

Listed by Erica Brooks with Portside Real Estate Group 207-217-0505

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. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor McFarlane Field Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data is refreshed every 3 hours. Listing last updated at 6:44 AM UTC, 10/9/2026

 

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