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Offered at $395,000Under Contract
beds
—
baths
3
sq ft
3,793
Built
1850

2 Bonny Eagle Road

Hollis, ME 04042

About this home

Distressed property. Short sale. Serious renovation required. 2 Bonny Eagle Road is not a typical home purchase and is best suited for experienced investors, contractors, or buyers prepared for a full-scale renovation. This older New England farmhouse offers large rooms, high ceilings, and an attached three-level barn, but the property is in poor condition and will require significant repairs throughout. The home is vacant, has been for an extended period, and was previously impacted by unauthorized occupancy. It does not have an active certificate of occupancy from the Town of Hollis, and utilities will not be restored prior to closing. The property will require a cash purchase or private financing and will not qualify for traditional loan programs. This sale is subject to lender involvement and is expected to be a short sale. All offers are subject to third-party approval, and the seller is actively entertaining additional offers during the approval process. Buyers should be prepared for extended timelines, lender review, and a non-traditional transaction structure. There is an existing solar equipment loan secured by a lien on the property that must be addressed as part of the sale. The home was previously recognized by the town as a two-unit property when occupancy was in place, but buyers are responsible for verifying all permitted uses, septic capacity, and requirements to restore occupancy. This is not a turnkey opportunity and will require significant due diligence and capital. Bedroom count is based on current layout and may not align with septic design. Shown by appointment only.

Listing last checked: Listing updated:

Listed by Listing Agent · RE/MAX Realty One · MLS #1623407

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Details at a glance

Interior3 property facts
Heating
Electric, Oil, Solar, Heat Pump, Hot Water
Cooling
None
Flooring
Carpet, Laminate, Wood
Building4 property facts
Style
Duplex
Year built
1850
Garage
4
Roof
Shingle
Land & utilities4 property facts
Lot size
1 acres
Water
Private, Well
Sewer
Septic Tank
Zoning
VR
Financial2 property facts
Annual taxes
$4,626
Assessment year
2024

Location

Estimated monthly cost

Explore costs at the $395,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,383 / monthAdjust
Principal & interest
$1,997
Property tax
$386
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,626. 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 2 Bonny Eagle Road

Can I request a private showing?

Request a tour of 2 Bonny Eagle 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.