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$550,000
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Property Description
Nestled on 7.8 acres of scenic land, this unique two-unit property offers both income potential and plenty of space for your personal enjoyment. Located in the heart of Monmouth, ME, it includes a successful Airbnb-ready 4-bedroom, 3-bathroom home, a cozy 2-bedroom, 1.5-bathroom unit, an old cider barn full of character, and private access to the tranquil Cochnewagon Lake just across the railroad tracks. The spacious 4-bedroom, 3-bathroom unit has been a consistently successful Airbnb, making it an ideal investment opportunity or a perfect space for large families. With its bright, open layout, the home features modern amenities while retaining classic New England charm. Expansive living areas, a fully equipped kitchen, and cozy bedrooms provide guests with a comfortable, memorable stay. The property's sprawling yard and serene surroundings further elevate the guest experience, offering them a true escape.The second unit is a 2-bedroom, 1.5-bathroom home that was rented to a family friend under market value, offering potential for a new tenant at full market rate or a private in-law suite. This unit is perfect for multigenerational living or additional rental income. With a spacious kitchen, cozy living spaces, and a private entry, this unit provides both comfort and privacy. A unique feature of this property is the charming old cider barn, full of rustic character and ready for transformation. Whether you're looking for additional storage, a workshop, or a space to create your own studio, this historic structure adds character and versatility to the property.Enjoy the serenity and beauty of Cochnewagon Lake just a short walk away across the railroad tracks. Whether you're into boating, fishing, or simply enjoying nature, this access provides a special touch to this already incredible property.
Full Property Details
Full Property Details for 549 Main St
General
- Sold For: $550,000
- Taxes: $4,587 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1612072
- Added to Site: 377 day(s) ago
Interior
- Interior Features: Walk-in Closets, In-Law Apartment, Attic, Bathtub, Shower, Storage, Primary Bedroom w/Bath
- Flooring: Wood, Vinyl, Tile, Carpet
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Other Rooms
- Laundry: Laundry - 1st Floor, Main Level
Additional Information
- Equipment: Internet Access Available, Cable
Exterior
- Porch/Patio/Deck: Deck, Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Parking Features: 11 - 20 Spaces, Paved, On-Site Parking, Inside Entrance, Off Street
Location
- County: Kennebec
Heating & Cooling
- Cooling Type: None
- Heating Type: Zoned, Hot Water, Heat Pump, Forced Air, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Farmhouse
- Structure Type: Post & Beam
- Construction: Shingle Siding, Clapboard, Aluminum Siding, Other, Wood Frame
- Roof: Metal, Shingle
- Building Size: 4340
- Square Feet: 4,340
- Living Area: 4,340 Sq. Ft.
- Finished Total: 4,340 Sq. Ft.
- Finished Above Grnd: 4,340 Sq. Ft.
- Year Built: 1905
Additional Structures
- Other Structures: Shed(s), Barn(s), Outbuilding
Lot Features
- Lot Size (Acres): 7.9
- Lot Size (Sq. Ft.): 344,124
- Lot Size Source: Public Records
- Zoning: RES
- Lot Description: Pasture/Field, Level, Rural
Financial Considerations
- Tax Amount: $4,587
- Tax Year: 2023
Disclosures and Reports
- Lot Number: 28
Listed by Summit Real Estate (207) 436-5555
Sold by Real Broker (207) 272-3984
Get Pre-Approved Today
Schools
Schools serving 549 Main St
School District:Regional School Unit 02
| Name | Grades | Distance |
|---|---|---|
Monmouth Memorial School 130 Academy Road, Monmouth, ME 04259 | PK-8 | 1.9 mi |
Marcia Buker School 28 High Street, Richmond, ME 04357 | PK-5 | 15 mi |
Dresden Elementary School 86 Cedar Grove Road, Dresden, ME 04342 | PK-5 | 15.9 mi |
Richmond Middle School 132 Main Street, Richmond, ME 04357 | 6-8 | 14.6 mi |
Monmouth Academy 96 Academy Road, Monmouth, ME 04259 | 9-12 | 1.8 mi |
Richmond High School 132 Main Street, Richmond, ME 04357 | 9-12 | 14.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 549 Main St
Date
Details
Price
Change
Source
5/21/2025
Sold
$550,000
-4.35%
MLS
2/13/2025
Price Reduced
$575,000
-3.36%
MLS
1/06/2025
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
549 Main Street, Monmouth, ME 04259 (MLS# 1612072) is a Multi-Family property that was sold at $550,000 on May 21, 2025. Want to learn more about 549 Main Street? Do you have questions about finding other Multi-Family real estate for sale in Monmouth? You can browse all Monmouth real estate or contact a Coldwell Banker agent to request more information.

