About this home
A distinctive opportunity to acquire an established seasonal business on Great Diamond Island. Located on Diamond Cove within the Fort McKinley Historic District, Crown Jewel has been a treasured Casco Bay destination since opening in 2018, earning national recognition from The Wall Street Journal, The Boston Globe, Condé Nast Traveler, and other notable publications. Serving creative cocktails and a unique menu to islanders, boaters, and visitors throughout the summer season, the fully remodeled restaurant and bar accommodates lunch and dinner service, takeout, private events, and catered meals. At the back of the restaurant, a charming retail area pays homage to the building's original use as a general store, with coffee, baked goods, candy, clothing, cocktails to go, and other daily provisions. A wraparound deck provides outdoor seating for eight and a drink rail for waiting guests, while the intimate dining room accommodates 30, with additional seating at the bar and chef's counter. The open-concept layout includes a full bar and well-equipped kitchen with a six-burner gas stove, grill, fryer, oven, two refrigerators, and a large freezer. A separate back kitchen provides efficient food preparation and dishwashing areas with ample overhead storage. All furnishings, barware, lighting, equipment, and serving ware convey with the sale, along with a golf cart used to transport goods from the ferry to the restaurant. With an established presence in Diamond Cove and the infrastructure in place for continued operation, Crown Jewel presents the opportunity to carry forward a successful seasonal business or bring a new concept to this unique island setting.
Listing last checked: Listing updated:
Listed by Listing Agent · LandVest, Inc. · MLS #1683661
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Details at a glance
Interior3 property facts
- Heating
- Electric, Heat Pump
- Cooling
- Heat Pump, Wall Unit(s)
- Flooring
- Wood, Hardwood
Building4 property facts
- Style
- General Commercial
- Year built
- 1850
- Foundation
- Granite
- Roof
- Slate
Land & utilities4 property facts
- Lot size
- 0.03 acres
- Water
- Public
- Sewer
- Quasi-Public
- Zoning
- IR-3
Financial3 property facts
- Annual taxes
- $11,444
- Assessment year
- 2025
- HOA fee
- $2,000 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $1,250,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$7,274 / monthAdjust
- Principal & interest
- $6,321
- Property tax
- $954
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $11,444. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $2,000. The billing period was not supplied; confirm the monthly amount before adding it.
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 255 Diamond Avenue
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