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Bean Group
Offered at $299,500Active
beds
3
baths
2
sq ft
1,800
Built
1900

8 Paddy Lane

Cherryfield, ME 04622

About this home

Tucked away in the peaceful beauty of Downeast Maine, this stunning property offers the perfect balance of privacy, craftsmanship, and modern comfort. Overlooking the river with breathtaking natural scenery, you can spend your mornings enjoying coffee on the patio while watching bald eagles glide overhead and fish along the shoreline. The setting is beautiful, relaxing, and surrounded by the kind of beauty that makes Maine living so special. Completely refinished from the studs up, the home was thoughtfully rebuilt to preserve its old charm while adding the reliability and efficiency of modern construction. Handcrafted wood details bring warmth and character throughout the home, creating a cozy yet timeless feel. Built with upgraded 2x6 construction and energy-efficient improvements, foam insulation, the property was designed for comfortable year-round living. The home features 3 bedrooms and 2 full bathrooms with a bright, welcoming layout that feels both functional and inviting. Major improvements include a new slab foundation, new septic system, new roof, new siding, new electrical, and much more, giving peace of mind for years to come. Outside, the beautiful lot offers room to relax, entertain, and enjoy nature. Whether you are looking for a forever home, seasonal getaway, or investment opportunity, this property has incredible Airbnb potential thanks to its scenic location and access to Maine's outdoor lifestyle. An additional area already includes electricity, well, and sewer hookups, offering excellent possibilities for an Airbnb space, camper setup, guest cottage, or future expansion. Conveniently located just about 40 minutes from Ellsworth, the property is also close to the Sunrise Trail as well as nearby lakes and ponds for fishing, boating, kayaking, and exploring everything Downeast Maine has to see.

Listing last checked: Listing updated:

Listed by Listing Agent · Better Homes & Gardens Real Estate/The Masiello Group · MLS #1666461

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Details at a glance

Interior5 property facts
Rooms
7
Heating
Propane, Baseboard
Cooling
None
Flooring
Carpet, Tile, Vinyl
Fireplaces
0
Building3 property facts
Style
Single Family Residence
Year built
1900
Roof
Shingle
Land & utilities4 property facts
Lot size
0.37 acres
Water
Well
Sewer
Private Sewer
Zoning
Residential
Financial2 property facts
Annual taxes
$2,391
Assessment year
2024

Location

Estimated monthly cost

Explore costs at the $299,500 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,714 / monthAdjust
Principal & interest
$1,514
Property tax
$199
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,391. 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 8 Paddy Lane

Can I request a private showing?

Request a tour of 8 Paddy Lane 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.