295 Island Avenue, Long Island, ME 04050
One-of-a-kind Opportunity in the Heart of Casco Bay

One-of-a-kind Opportunity in the Heart of Casco Bay

295 Island Avenue, Long Island, ME

$1,207,500

HIGHLIGHTS
  • 11.27 Acres Lot
  • Sold Status
  • 1480441 MLS® ID
One-of-a-kind opportunity in the heart of Casco Bay to own 5.36 acres of land with structures and 5.91 acres of SUBMERGED LAND. Boasting breathtaking daytime views and stunning sunsets, this property is comprised of three contiguous tax lots on the west end of Long Island. The waterfront lot features approximately 2.35 acres with 750' shore frontage, a 110' wharf on pilings, and a 435' stone breakwater. Set on 3.01 acres, the upland lot offers sweeping views of Casco Bay with an 11,000 SF, 2 story building formerly used as navy barracks . The submerged land lot, known as 'the small boat pool' by the Navy, is approximately 5.91 acres between the breakwater and the shoreline and provides ample opportunity to further develop the existing wharf as well as potential uses for a marina, aquaculture site or other development. Just minutes from the public ferry and water taxi dock, this spectacular property is graced with the beauty and serenity of island life while being a short boat ride from the lively Portland waterfront.
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FEATURES & AMENITIES

Area & Lot

  • Status Sold
  • Lot Area11.27 Acres
  • MLS® ID1480441
  • TypeLand
  • water FrontageY

Exterior

  • Water SourceWell Needed on Site, None
  • lot featuresCorner Lot, Open Lot, Rolling Slope, Landscaped, Abuts Conservation, Neighborhood
  • parkingOther
  • sewerNone, Unknown

Financial

  • Sales Price$1,207,500
  • Real Estate Tax $7,137/yr
  • Zoning IB-1

Boasting breathtaking daytime views and stunning sunsets, this property is comprised of three contiguous tax lots on the west end of Long Island.

- David Banks

Just minutes from the public ferry and water taxi dock, this spectacular property is graced with the beauty and serenity of island life while being a short boat ride from the lively Portland waterfront.

- David Banks

WORK WITH US

We offer the highest level of expertise, service, and integrity. David is the top-producing real estate agent in Maine for over a decade. He focuses on the greater Portland area in Southern Maine.

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