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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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423 Ridge Rd , Addison, ME 04606
$275,000
Est. Payment: $611.11/mo
1 Bed
1 Bath
964 Sqft
Status: Active | Days on site: 56
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1944 - 024674,013818
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House Description

Pleasant River Waterview Investment Property. Stunning Pleasant River Waterview Property with Proven Airbnb Income! Perched high on the hillside overlooking the Pleasant River, this beautifully renovated shingled ranch offers breathtaking water views and an exceptional opportunity for both personal enjoyment and investment. Currently operating successfully as an Airbnb, this property comes with 5 years of established rental history and income, making it an attractive turnkey investment for those looking to add a proven vacation rental to their portfolio. The main level features one comfortable bedroom, a full bathroom with a convenient laundry area, and an inviting open-concept kitchen and dining area with stainless steel appliances, a gas range, and abundant natural light. The spacious living room is the heart of the home, showcasing panoramic Pleasant River views, a queen Murphy bed for additional sleeping space, and a large retractable projector screen perfect for relaxing or entertaining. Step outside onto the expansive deck and take in the spectacular water views, overlooking the Pleasant River, surrounding countryside, and ever-changing coastal skyline. Whether you're enjoying your morning coffee, entertaining guests, or watching the sunset, the setting is truly special. The daylight basement includes a one-bay garage along with excellent storage and expansion potential. Located just an hour from Acadia National Park and within easy driving distance of the Bold Coast, Jasper Beach, and Schoodic Point, this property offers an ideal combination of peaceful Down East living, stunning water views, and proven income potential. Use it as your own year-round home or vacation getaway while continuing the established Airbnb business--or simply add a turnkey investment property with a 5-year rental track record to your portfolio.

Highlights

Listed by Heather Knapp , 207-557-7371 and Mary Knapp , 207-667-2300 Realty of Maine , 207-667-2300.

Property Type

Residential

Lot/Acreage
1

Year Built

1940

County

Washington

School District

Rsu 37/Msad 37

Listing ID

1669370

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dryer, Microwave, Gas Range, Refrigerator, Washer
Floor:Tile,Vinyl,Wood
Above Ground Sq Ft:964
Below Ground Sq Ft:0
Basement:Exterior Entry,Full,Unfinished
Water:Private,Well

Exterior Features

Lot:Rural,Rolling Slope
Zoning:Residential
Roof:Shingle
Sewer:Private Sewer,Septic Tank
Parking Features:Gravel,1 - 4 Spaces,Basement
Principal Interest
$611
Taxes
$133

Home Price

$275,000

Loan Details

30 yrs
%

Down Payment

20%
$55,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$611.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $611.11 $133.33 $0.00 $744.44
Yearly $7,333.33 $1,600.00 $0.00 $8,933.33
Total $220,000.00 $48,000.00 $0.00 $268,000.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Addison, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.