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Offered at $190,000Active
beds
—
baths
0
sq ft
2,815
Built
1900

20 Pleasant Street

Monson, ME 04464

About this home

Welcome to Monson, ME-home of a unique and versatile property currently operating as Leapin' Lena's Hostel and House of Pizza. Situated in one of Maine's growing communities, the property presents an outstanding opportunity for a business owner, investor, or large family seeking space and flexibility. Known as the last hostel stop before hikers enter the final 100 miles of the Appalachian Trail on their journey to Katahdin, this property has become a destination for trail hikers and the public, and is 1 of 11 hostels in ME on the trails. While currently functioning as a hostel, the home could easily transition into a spacious multi-family residence, Airbnb, or Bed and Breakfast. The home is equipped with 8 Rinnai propane monitors and features a registered commercial kitchen, creating endless possibilities for continued business use. The first floor includes a large common room for dining and gathering, a large bathroom including two shower rooms, two toilet rooms and sink, as well as a laundry room, a storage 'hospital' room, and a rear bedroom suitable for an onsite manager, work-stay guest or for easier one-floor living. The second floor includes 4 bedrooms, a full bathroom and a large bunk room currently housing 10 beds. An 80 gallon hot water tank on site is capable of handling multiple showers, dishes and heavy daily use. Outside, the opportunities continue with a large backyard perfect to expand to include yurts, tent sites or additional guest accommodations such as cabins. The property is hooked to town water and is serviced by a 14-bedroom septic system. Out back there is a previously leveled site for a 40x40 garage or building with water and electrical hookups which also allows for RV hookups and camping sites. There is ATV access from the property, plenty of parking, and a fire pit. Whether continuing the hostel, adding camping and RVs or transforming into a large family home, this property offers tremendous potential in a sought after town.

Listing last checked: Listing updated:

Listed by Listing Agent · NextHome Experience · MLS #1665126

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Details at a glance

Interior3 property facts
Heating
Propane
Cooling
None
Flooring
Carpet, Vinyl, Linoleum, Painted/Stained
Building4 property facts
Style
Mixed Use
Year built
1900
Foundation
Stone
Roof
Metal
Land & utilities5 property facts
Lot size
1.01 acres
Water
Public
Sewer
Private Sewer, Septic Tank
Waterfront
Y
Zoning
residential
Financial2 property facts
Annual taxes
$2,487
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $190,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,168 / monthAdjust
Principal & interest
$961
Property tax
$207
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,487. 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 20 Pleasant Street

Can I request a private showing?

Request a tour of 20 Pleasant Street 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.