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Bean Group
Offered at $1,250,000Active
beds
3
baths
3
sq ft
3,952
Built
2023

12 Banks Terrace

Searsport, ME 04974

About this home

New construction in 2023, this exceptional property just outside Belfast offers the perfect blend of modern design, thoughtful spaces, and outdoor enjoyment. At the heart of the home is an incredible kitchen featuring a large island and walk-in pantry, opening seamlessly to a spacious great room anchored by a beautiful stone fireplace. The first-floor primary suite provides comfort and convenience, complete with its own laundry. The second level adds even more flexibility with a welcoming family room featuring a bar area with sink and fridge—ideal for entertaining, game nights, guests, or extended living. Two bedrooms and a bathroom complete this level. Outside, enjoy your own in-ground swimming pool and hot tub as well as the rare opportunity to access the beach via a deeded right-of-way. A spacious three-car garage with radiant heat provides plenty of room for vehicles, storage, and recreational gear or a home workshop! With its newer construction, impressive amenities, and convenient location just outside Belfast, this is a property designed for both everyday living and memorable gatherings.

Listing last checked: Listing updated:

Listed by Listing Agent · Legacy Properties Sotheby's International Realty · MLS #1681998

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Details at a glance

Interior5 property facts
Rooms
10
Heating
Electric, Wood, Heat Pump, Hot Water, Zoned, Radiant
Cooling
Heat Pump
Flooring
Carpet, Tile, Vinyl
Fireplaces
1
Building5 property facts
Style
Single Family Residence
Year built
2023
Garage
3
Foundation
Poured Concrete
Roof
Shingle
Land & utilities5 property facts
Lot size
1.1 acres
Water
Public
Sewer
Private Sewer, Septic Tank
Waterfront
Y
Zoning
Residential
Financial2 property facts
Annual taxes
$15,792
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $1,250,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$7,637 / monthAdjust
Principal & interest
$6,321
Property tax
$1,316
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $15,792. 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 12 Banks Terrace

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Request a tour of 12 Banks Terrace 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.