127 US Route 1

About this home

In response to rising interest rates, this motivated seller is reducing the price to offset the monthly costs. Most recently used as a primary home with a small farm and farm stand. The farm stand has a dedicated DOT curbcut and parking for 5-10 vehicles. A separate entrance to the house contains immediate parking for another 5-10 vehicles, with overflow parking into the adjacent lawn and into the back field that could hold 100+. A farm road spans the property to the back. There are several fenced pastures and open crop fields and has been leased in the past to a local farm. For other business pursuits, it may be well suited for a subdivision, self storage facility, event venue, etc. (with town approval). Great visibility and excellently situated just minutes from Downtown Damariscotta. The house is in great condition is set up with 4 bedrooms, a 'hobby space' in the walk up attic, a large laundry room that could be repurposed into typical living space, a large double living area, and a huge well equipped kitchen with a sizable dining area. There is even a bonus room on the second level that would make a nice third bathroom for a second primary en suite. Depending on the use and your vision, there are lots of possibilities with this house. And if it is a live-where-you-work venture, it is already set up and ready to go! Along with the farm stand and house, there is also a barn that could be re-purposed. This is a fantastic family home with lots of potential to make your living in your back yard.