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Bean Group
Offered at $1,995,000Active
beds
2
baths
1
sq ft
960
Built
1990

109 Freeman Ridge Road

Southwest Harbor, ME 04679

About this home

52 PRIME ACRES! Developers take note! An extraordinary opportunity to own nearly 52 prime acres on sought-after Mount Desert Island. This expansive, developable property features a well-maintained 2-bedroom, 1-bath ranch-style home with an detached garage--complete with septic, power, well, and established driveway--providing a ready base for your vision. Whether you're looking to create a private estate compound, subdivide into multiple lots with privacy, or develop for resale, the possibilities are exceptional. The high and dry land offers distant views of Swan's Island, Bass Harbor, and the Western Mountains, enhancing the appeal of this rare offering. Mature trees, mossy outcroppings and easy topography. A unique chance to combine existing livability with long-term investment potential--right here on the Island. Access currently via Freeman Ridge Road with a right of way from Woods Street (downtown) also.

Listing last checked: Listing updated:

Listed by Listing Agent · Portside Real Estate Group · MLS #1634437

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Details at a glance

Interior5 property facts
Rooms
5
Heating
Electric, Oil, Baseboard, Heat Pump, Hot Water
Cooling
Heat Pump
Flooring
Carpet, Laminate
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
1990
Garage
2
Foundation
Poured Concrete
Roof
Composition, Shingle
Land & utilities4 property facts
Lot size
52 acres
Water
Private, Well
Sewer
Private Sewer, Septic Tank
Zoning
B
Financial2 property facts
Annual taxes
$6,537
Assessment year
2024

Location

Estimated monthly cost

Explore costs at the $1,995,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$10,633 / monthAdjust
Principal & interest
$10,088
Property tax
$545
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $6,537. 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 109 Freeman Ridge Road

Can I request a private showing?

Request a tour of 109 Freeman Ridge Road 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.