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.45M Private Island Retreat in Maine Sells in Just 2 Weeks

As summer slowly began unfolding into fall, the owners of a multigenerational sporting camp on a private island in Maine decided to let go of the property. It came up for sale at $2.45 million on Aug. 7 and just two weeks later, it went under contract.

It had been in the family that is selling the property for around four decades. “It’s a destination for them and their kids and their grandkids,” says listing agent John Scribner of LandVest. “They’d come up for a month or two each summer.”

Built in 1928, the property consists of a main house (with four bedrooms and 4.5 baths) and a guesthouse—set on the 13 acres of Spott’s Island with waterfront along Cupsuptic and Mooselookmeguntic lakes. Multiple sand beaches mean that beach time is never far away.

But the next owners won’t live in total isolation. “It’s complete privacy with complete convenience,” says Scribner. A causeway connects the compound to the mainland, to the tiny village of Oquossoc, which is in the town of Rangeley, 8 miles away, and has restaurants, a gas station, and a general store. Maine’s largest city, Portland, is a two-hour and 15-minute drive away.

The area is inland and not along Maine’s Atlantic coast, but that doesn’t deter tourists. “It’s a very, very popular summer destination but also very popular with snowmobilers. It’s considered the lakes region of the state,” says Scribner.

Because the property is situated on a cove with 2,250 feet of water frontage, swimming and other water sports—particularly for young kids—are safer than on nearby shorelines.

Another fun amenity: a 30-foot fire hose in the basement that has access to 5,000 gallons of water, rather than sprinklers, just in case any fire were to break out.

Within the main home are two fireplaces (in the dining room and the living room), plus wood paneling, a staircase, cabinetry, and beadboard throughout that channels a sports lodge vibe. A mix of wood and tile flooring has held up well over the years. Porches and sliding-glass doors to a deck ensure that a cool breeze is always blowing in. The property also includes a four-car garage.

What’s life like in Rangeley? Scribner calls it “a classic summer destination” without “creature comforts and cell service but perfect for someone who likes the charm of the place.”

Those attracted to the destination are not only Bostonians or New Yorkers, which is what you might have expected. “I’ve sold property to Canadians, to people from the Midwest, and from Washington, DC,” says Scribner. You may have missed out on this Maine chance, but there will be other opportunities to score a sweet getaway in Maine’s lakes region.

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Source: Real Estate News and Advice – realtor.com » Real Estate News