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Adam Dow

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

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115 Perkins Cove Rd , Ogunquit, ME 03907
$3,499,000
Est. Payment: $7,775.56/mo
3 Bed
5 Bath
2952 Sqft
Status: Active | Days on site: 43
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3073 - 024536
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House Description

115 Perkins Cove is a versatile four-unit mixed-use waterfront property. It includes a three-bedroom, 2.5 bath penthouse spanning the upper two levels, a ground-level oceanfront studio, and two street-level commercial units. The Penthouse is entered on the lower of its two levels, which includes a primary suite with a fireplace, full bathroom and ocean views. A second bedroom, another full bathroom and a third bedroom currently configured as a living room complete this level. Upstairs, the kitchen, dining area, fireside sitting area and sprawling water views come together in an open-concept layout. This level provides dual outdoor spaces: a deck facing the ocean and a larger deck overlooking Perkins Cove, suitable for outdoor dining and entertaining. The studio has its own entrance, deck, and fireplace, allowing it to serve as private guest accommodations or separate rental. The two commercial spaces, which are currently leased, provide a predictable and additional source of income. While not historically operated as full-time rentals, the penthouse and studio have seller-projected annual gross ST revenue of 250k - 310k. Projections are provided for informational purposes only and should be independently evaluated. Located in the heart of Perkins Cove, the property is surrounded by galleries, restaurants, shops, boat excursions and the Marginal Way, with Ogunquit's beach, village center and the Playhouse nearby. The property may be purchased separately, or together with one or both neighboring properties at 113 and 117 Perkins Cove Road. An owner could continue using the residential and commercial spaces to generate income or occupy the main residence while renting the studio and two commercial spaces. The property also offers potential for a different configuration or use over time, subject to applicable approvals. Rental history & projections available upon request.

Highlights

Listed by Colby Coppage , 603-828-4204 Compass Real Estate , 603-319-4660.

Property Type

Residential

Lot/Acreage
0.07

Year Built

2009

County

York

Listing ID

1674711

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:5
  • Full Bathrooms:3
  • 1/2 Bathrooms:2
Appliances:Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
Air Cond:Central Air,Heat Pump,Window Unit(s)
Fireplaces:
Floor:Tile,Wood
Above Ground Sq Ft:2556
Below Ground Sq Ft:396
Basement:Exterior Entry,Finished,Partial
Other:
  • Additional:1st Floor Primary Bedroom w/Bath
Water:Public

Exterior Features

Lot:Intown,Near Public Beach,Near Shopping,Open Lot
Zoning:SG2
Roof:Shingle
Sewer:Public Sewer
Parking Features:Gravel,On Site
Principal Interest
$7,776
Taxes
$976

Home Price

$3,499,000

Loan Details

30 yrs
%

Down Payment

20%
$699,800
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Monthly Price:
$7,775.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,775.56 $976.42 $0.00 $8,751.97
Yearly $93,306.67 $11,717.00 $0.00 $105,023.67
Total $2,799,200.00 $351,510.00 $0.00 $3,150,710.00

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 (Ogunquit, 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.