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Bean Group
Offered at $799,000Active
beds
3
baths
2
sq ft
2,186
Built
2003

37 Loon Drive

Newport, ME 04953

About this home

Across the small land bridge, 17 acres wait on their own island, nearly 2,600 feet of Sebasticook Lake frontage wrapped around them, every foot of it unshared with another property. Longtime locals know it as Tsuga Island, named for the hemlocks that stand through the woods. The home is a 3-bedroom, 2-bath log-sided house, two full stories under a standing-seam metal roof, 2,186 square feet. Heat and hot water run on two systems working together: an oil boiler and a wood gasification boiler, giving the home ample hot water for showers, dishes, and heat without leaning on one source alone. The current owners have spent real time shaping the land, and it shows. The yard around the house is landscaped and maintained, with a fire pit ringed in seating and a screened tent for sitting out bug season without slapping at anything. Parking handles a crowd. From the house, a footbridge carries the trail out to a small dock, benches nearby, a place to tie up a boat or drop a line. The trail keeps going from there, tracing the shoreline to the left. It's laid out and kept the way a nature conservancy manages a preserve trail, not a backyard path. The route passes a sandy, shallow beach on the west shore, then a marsh thick with birds on the east side, then a stretch of evergreen forest holding the island's mature hemlocks. It ends at a point, more seating, open water in every direction. The bank eases in gently enough near the dock that swimming here is easy, no wading through muck to reach the good water. The property already runs as a seasonal VRBO, with guests returning year after year, and the booked season only covers part of what the calendar allows. Room to grow it is real, whether that means offsetting the mortgage or building it into something that stands on its own. Not every property earns the word private. This one does, on every side, for as long as you're willing to cross that road to get to it.

Listing last checked: Listing updated:

Listed by Listing Agent · Real Broker · MLS #1671060

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Details at a glance

Interior5 property facts
Rooms
7
Heating
Oil, Wood, Radiant
Cooling
None
Flooring
Concrete, Vinyl
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
2003
Garage
0
Foundation
Slab
Roof
Metal
Land & utilities5 property facts
Lot size
17 acres
Water
Private
Sewer
Private Sewer
Waterfront
Y
Zoning
Shoreland
Financial2 property facts
Annual taxes
$7,561
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $799,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,670 / monthAdjust
Principal & interest
$4,040
Property tax
$630
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $7,561. 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 37 Loon Drive

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

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