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$460,000
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Property Description
Investors Take Notice Diamond in the Rough - An unprecedented opportunity awaits at 87 Wharf Road on scenic Cousins Island. Priced $250k BELOW recent Assessed Value. Making its first return to the market since its original construction in 1960, this two-unit residence has been owned and cherished by the same family for more than six decades. With its versatile layout and expansive 1.84-acre lot, this property offers an exceptional foundation for renovation, investment, or multi-generational living. Originally designed as a single-family home, the main level features a custom, hand-crafted kitchen-complete with a dedicated bread-kneading counter overlooking the peaceful backyard. As the family expanded, the home evolved with it, adding a second garage bay and a private apartment to accommodate extended family-creating today's flexible duplex configuration. This property is being sold strictly ''as is'' and is ready for a comprehensive update. Yet, its enduring craftsmanship and thoughtful additions tell the story of a home built to last. A visionary buyer will appreciate the solid bones, generous lot size, and prime island location just minutes from Yarmouth Village and the Cousins Island Bridge. Recent capital improvements include: New roof and cedar shake siding (2010-2012) New well pump (2017) Updated water filtration system (2023-2024) Electrical system upgrade (2000) Whether you're seeking a duplex investment, a multi-family compound, or a single-home restoration project, 87 Wharf Road represents one of the most unique opportunities in Yarmouth's coastal market-where potential meets possibility.
Full Property Details
Full Property Details for 87 Wharf Rd
General
- Sold For: $460,000
- Taxes: $10,525 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1640904
- Added to Site: 95 day(s) ago
Interior
- Interior Features: In-Law Apartment
- Flooring: Wood, Vinyl, Other, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Additional Information
- Security/Safety: Security System
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Basement, 1 - 4 Spaces, Paved, Inside Entrance
Location
- County: Cumberland
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Wood Stove, Other Heating System, Hot Water, Baseboard
Utilities
- Sewer: Septic Tank, Private Sewer
- Water: Well, Private
- Well: Yes
Structural Information
- Architectural Style: Other, Raised Ranch
- Construction: Vinyl Siding, Wood Frame
- Roof: Composition, Fiberglass, Shingle
- Windows: Double Pane Windows
- Building Size: 1788
- Square Feet: 1,788
- Living Area: 1,788 Sq. Ft.
- Finished Total: 1,788 Sq. Ft.
- Finished Above Grnd: 1,788 Sq. Ft.
- Year Built: 1960
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Property View: Trees/Woods, Scenic
- Lot Size (Acres): 1.84
- Lot Size (Sq. Ft.): 80,150.4
- Lot Size Source: Public Records
- Zoning: LDR
- Lot Description: Rolling/Sloping, Open, Wooded, Rural
Financial Considerations
- Tax Amount: $10,525
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 23
Listed by Keller Williams Realty (207) 879-9800
Sold by Landmark Realty (207) 807-7889
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Schools
Schools serving 87 Wharf Rd
School District:Yarmouth
| Name | Grades | Distance |
|---|---|---|
William H Rowe School 52 School Street, Yarmouth, ME 04096 | K-1 | 4 mi |
Yarmouth Elementary School 121 Mccartney Street, Yarmouth, ME 04096 | 2-4 | 4 mi |
Frank H Harrison Middle School 220 Mccartney Street, Yarmouth, ME 04096 | 6-8 | 4.1 mi |
Yarmouth High School 286 West Elm Street, Yarmouth, ME 04096 | 9-12 | 3.8 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 87 Wharf Rd
Date
Details
Price
Change
Source
1/12/2026
Sold
$499,900
—
MLS
10/15/2025
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
87 Wharf Road, Yarmouth, ME 04096 (MLS# 1640904) is a Multi-Family property that was sold at $460,000 on January 12, 2026. Want to learn more about 87 Wharf Road? Do you have questions about finding other Multi-Family real estate for sale in Yarmouth? You can browse all Yarmouth real estate or contact a Coldwell Banker agent to request more information.

