About this home
Fantastic opportunity for a family compound (With possibility of expansion). Welcome to the Covered Bridge, a turn-key versatile property encompassing a charming 3-bedroom, 2-bath single-family home with an attached office space, a fully equipped yet vacant restaurant primed for revival, and a thriving 10-unit motel--all set amidst 70 sprawling acres, including 0.6 acres of waterfront along the Piscataquis River. Boasting direct access to the ITS trail, this property invites outdoor enthusiasts to indulge in ATV rides, snowmobile adventures, and other outdoor activities, while two spacious garages offer ample storage. Conveniently located along the Moosehead Trail in Guilford, ME, this property presents a rare opportunity for residential comfort, commercial potential, and natural serenity, making it an ideal investment for those seeking to blend rustic charm with entrepreneurial ambition. Listing can also be viewed at MLS# 1592331. No owner financing, please have pre-approval before viewing the property.
Listing last checked: Listing updated:
Listed by Listing Agent · Mallett Real Estate, LLC · MLS #1666612
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Details at a glance
Interior3 property facts
- Heating
- Electric, Oil, Propane, Wood, Baseboard, Heat Pump, Hot Water
- Cooling
- Heat Pump
- Flooring
- Carpet, Laminate, Tile
Building4 property facts
- Style
- Mixed Use
- Year built
- 2004
- Foundation
- Block, Slab
- Roof
- Metal, Shingle
Land & utilities5 property facts
- Lot size
- 70 acres
- Water
- Private, Well
- Sewer
- Private Sewer, Septic Tank
- Waterfront
- Y
- Zoning
- Rural
Financial2 property facts
- Annual taxes
- $6,545
- Assessment year
- 2020
Location
Estimated monthly cost
Explore costs at the $810,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,641 / monthAdjust
- Principal & interest
- $4,096
- Property tax
- $545
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $6,545. 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 382 Water Street
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