2 Lookout Point RD Active

Bar Harbor,ME 04609

$ 2250000

7 Beds

5 Baths

4635 SqFt


Key Details

Property Type Residential

Sub Type Single Family Residence

Listing Status Active

Square Footage 4,635 sqft

Price per Sqft $485

Subdivision Syndicate Road Association

MLS Listing ID 1628406

Style Shingle,Cottage

Bedrooms 7

Full Baths 5

HOA Fees $33/ann

Year Built 1940

Annual Tax Amount $7,166

Tax Year 2024

Lot Size 3.290 Acres

Property Sub-Type Single Family Residence

Property Description

Nestled just a block from Hulls Cove Beach, this charming 7 BR, 5 BA home offers the perfect blend of 1940s coastal cottage charm with several new upgrades to make this home inviting and comfy. Two of the rooms are located above a separate barn, which was completely renovated in 2023 and additionally houses a commercial kitchen. This offers both privacy and incredible opportunity. Whether you're interested in catering, hosting family and friends, or expanding your business, this setup provides the perfect space for gatherings, events, or culinary ventures.
Set on 3.3 acres of beautifully landscaped grounds, you'll enjoy flowering perennial bushes, peaceful walking paths, & peek-a-boo ocean views. Just minutes from Bar Harbor Village and right at the entrance to Acadia National Park, you're ideally situated to explore all the wonders of Mount Desert Island. Step into the light-filled sunroom-living room area, perfect for leisurely breakfasts, evening cocktails or dinners while enjoying the serene atmosphere. Several inviting sitting areas, inside and outside, where you can unwind and take in the scenic surroundings.
For those seeking an entrepreneurial opportunity, this property has operated as a successful BnB with nearly all 5 star reviews, and a big wow factor, complete with 2 spacious seasonal lofts in the barn that can serve as the owner's quarters. The commercial kitchen in the barn, supports a highly successful seasonal bakery business—Mount Desserts Pie Company—which has earned consistently glowing 5-star reviews for 6 years. The Pie business is separately for sale. With substantial upgrades, a winterized house, and ample room to grow (potential for another building on the property), the income potential here is significant, boasting a cap rate of 5.5 to 6% for the rentals. Most furnishings available outside escrow. Come experience this spectacular setting and see for yourself how it could be the perfect home or business opportunity. A must see!

Location

State ME

County Hancock

Zoning B

Interior

Heating Radiator,Hot Water,Direct Vent Furnace,Baseboard

Cooling None

Fireplaces Number 1

Equipment Internet Access Available,Generator

Laundry Laundry - 1st Floor,Main Level

Exterior

Parking Features Auto Door Opener,Basement,5 - 10 Spaces,Paved,Detached

Garage Spaces 12.0

Utilities Available 1

View Y/N Yes

View Mountain(s),Trees/Woods

Roof Type Shingle

Building

Lot Description Well Landscaped,Historic District,Near Public Beach,Near Shopping,Near Town,Neighborhood

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Shingle Siding,Wood Frame

Schools

School District Bar Harbor Public Schools

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