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Bean Group
Offered at $275,000Active
beds
1
baths
1
sq ft
964
Built
1940

423 Ridge Road

Addison, ME 04606

About this home

Pleasant River Waterview Investment Property. Stunning Pleasant River Waterview Property with Proven Airbnb Income! Perched high on the hillside overlooking the Pleasant River, this beautifully renovated shingled ranch offers breathtaking water views and an exceptional opportunity for both personal enjoyment and investment. Currently operating successfully as an Airbnb, this property comes with 5 years of established rental history and income, making it an attractive turnkey investment for those looking to add a proven vacation rental to their portfolio. The main level features one comfortable bedroom, a full bathroom with a convenient laundry area, and an inviting open-concept kitchen and dining area with stainless steel appliances, a gas range, and abundant natural light. The spacious living room is the heart of the home, showcasing panoramic Pleasant River views, a queen Murphy bed for additional sleeping space, and a large retractable projector screen perfect for relaxing or entertaining. Step outside onto the expansive deck and take in the spectacular water views, overlooking the Pleasant River, surrounding countryside, and ever-changing coastal skyline. Whether you're enjoying your morning coffee, entertaining guests, or watching the sunset, the setting is truly special. The daylight basement includes a one-bay garage along with excellent storage and expansion potential. Located just an hour from Acadia National Park and within easy driving distance of the Bold Coast, Jasper Beach, and Schoodic Point, this property offers an ideal combination of peaceful Down East living, stunning water views, and proven income potential. Use it as your own year-round home or vacation getaway while continuing the established Airbnb business--or simply add a turnkey investment property with a 5-year rental track record to your portfolio.

Listing last checked: Listing updated:

Listed by Listing Agent · Realty of Maine · MLS #1669370

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Details at a glance

Interior5 property facts
Rooms
3
Heating
Oil, Forced Air
Cooling
None
Flooring
Tile, Vinyl, Wood
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
1940
Garage
1
Foundation
Poured Concrete
Roof
Shingle
Land & utilities4 property facts
Lot size
1 acres
Water
Private, Well
Sewer
Private Sewer, Septic Tank
Zoning
Residential
Financial2 property facts
Annual taxes
$1,600
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $275,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,524 / monthAdjust
Principal & interest
$1,391
Property tax
$133
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $1,600. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 423 Ridge Road

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Request a tour of 423 Ridge Road and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.