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$1,150,000
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Property Description
Waterfront living, income-producing potential, and exceptional versatility come together at this unique Orr's Island property. Set on a private, expansive parcel with tidal waterfrontage, this well-maintained multi-unit property offers a rare opportunity to enjoy the benefits of coastal Maine while also generating rental income and utilizing substantial additional commercial-style space. The property features refreshed residential units, including a desirable two-bedroom first-floor unit that offers an especially appealing opportunity for an owner occupant. Step directly from the unit onto a large private deck overlooking the spacious yard, creating an ideal setting for morning coffee, entertaining, or simply enjoying the peace and privacy of the property. The generous acreage, expansive yard, paved parking, and secluded setting provide a level of space and flexibility that is increasingly difficult to find on the islands. Adding even more value is the large detached heated shop/garage, equipped with large bay doors and substantial interior space. Whether used for equipment, vehicles, storage, a workshop, business operations, or additional income generation, this building provides an exceptional amount of flexibility. The space is currently utilized by a local landscaping business, providing an additional source of rental income. Beyond the buildings, the property's waterfront setting and private location provide a distinctly coastal Maine lifestyle, while its proximity to the amenities and attractions of Orr's Island and the surrounding Harpswell islands keeps you connected to everything the area has to offer. Whether you're looking to live on-site while offsetting expenses with rental income, expand an existing investment portfolio, operate a business from the property, or take advantage of the property's multiple income-producing components, this is an opportunity that offers an uncommon combination of residential, commercial, and recreational potential.
Full Property Details
Full Property Details for 8 Beals Cove Rd
General
- Price: $1,150,000
- Taxes: $4,085 (2025)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1682496
- Updated: 9/30/2026
- Added to Site: 9 day(s) ago
Interior
- Interior Features: Shower, Storage
- Flooring: Carpet, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Other Rooms
- Laundry: Laundry - Coin
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Paved, 5 - 10 Spaces, On-Site Parking, Detached, Heated Garage
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric, Oil, Baseboard, Hot Water, Radiator
Utilities
- Sewer: Private Sewer, Septic Tank
- Water: Private, Well
- Well: Yes
Structural Information
- Architectural Style: Cape Cod
- Construction: Wood Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: Interior Entry, Walk-Out Access, Daylight, Finished
- Roof: Pitched, Shingle
- Square Feet: 3,724
- Finished Total: 3,724 Sq. Ft.
- Finished Above Grnd: 2,716 Sq. Ft.
- Finished Below Grnd: 1,008 Sq. Ft.
- Year Built: 1980
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Property View: Scenic
- Lot Size (Acres): 1.71
- Lot Size (Sq. Ft.): 74,487.6
- Zoning: SR
- Lot Description: Near Public Beach, Rolling Slope, Landscaped, Wooded
Water Features
- Water Front: Yes
- Water Front Name: Beals Cove
Financial Considerations
- Operating Expenses: $9,034
- Tax Amount: $4,085
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 20
Listed by Core (207) 210-5677
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Schools
Schools serving 8 Beals Cove Rd
School District:School Administrative District 75
| Name | Grades | Distance |
|---|---|---|
Harpswell Community School 308 Harpswell Island Road, Harpswell, ME 04079 | K-5 | 6.3 mi |
Mt Ararat Middle School 66 Republic Avenue, Topsham, ME 04086 | 6-8 | 13 mi |
Mt Ararat High School 68 Eagles Way, Topsham, ME 04086 | 9-12 | 12.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8 Beals Cove Rd
Date
Details
Price
Change
Source
9/30/2026
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8 Beals Cove Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,085
5%
$613,300
—
2024
$3,901
4%
$613,300
—
2023
$3,741
2%
$613,300
-1%
2022
$3,672
19%
$622,300
36%
2021
$3,097
—
$458,200
—
2020
$3,088
1%
$458,200
—
2019
$3,070
3%
$458,200
—
2018
$2,969
—
$458,200
—
2017
$2,960
1%
$458,200
—
2016
$2,932
3%
$458,200
—
2015
$2,859
8%
$458,200
—
2013
$2,648
—
$458,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8 Beals Cove Rd
8 Beals Cove Road, Harpswell, ME 04066 (MLS# 1682496) is a Multi-Family property with 4 units containing 0 bedrooms and 4 full bathrooms. 8 Beals Cove Road is currently listed for $1,150,000 and was received on September 30, 2026. Want to learn more about 8 Beals Cove Road? Do you have questions about finding other Multi-Family real estate for sale in Harpswell? You can browse all Harpswell real estate or contact a Coldwell Banker agent to request more information.

