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Bean Group
Offered at $820,000Active
beds
4
baths
3
sq ft
1,843
Built
1926

292 Main Street

Southwest Harbor, ME 04679

About this home

MULTI-UNIT PROPERTY! Fully renovated in 2026 while preserving original charm, this property offers a primary residence plus a detached, fully self-contained studio apartment that holds a Certificate of Occupancy. Live in one unit and rent the other for immediate income, use both for multi-generational living, or keep the studio as a private guest suite or workspace—true flexibility that few single-family homes provide. The main house features refinished hardwood floors, fresh interior paint, restored trim and doors, and a completely remodeled kitchen with new cabinetry, countertops, appliances, and finishes. The full bath has been fully updated, a new half bath has been added, and efficient heat pumps deliver year-round comfort. The detached studio apartment has undergone major structural and interior improvements. It offers an efficiency-style layout with its own kitchen, full bathroom, upstairs loft bedroom, independent living area, separate entrance, and fully self-contained design—ready for rental income, extended living, or private use. Located close to village amenities, the harbor, and Acadia's Quiet Side, this move-in-ready property combines coastal living with meaningful upside through its dual-unit configuration. Thoughtfully updated and uniquely versatile.

Listing last checked: Listing updated:

Listed by Listing Agent · Lynam Real Estate Agency · MLS #1668902

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Details at a glance

Interior5 property facts
Rooms
8
Heating
Oil, Forced Air, Heat Pump
Cooling
Heat Pump
Flooring
Wood, Vinyl
Fireplaces
0
Building4 property facts
Style
Single Family Residence
Year built
1926
Foundation
Poured Concrete
Roof
Shingle
Land & utilities4 property facts
Lot size
0.1 acres
Water
Public
Sewer
Public Sewer
Zoning
B
Financial2 property facts
Annual taxes
$3,035
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $820,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,399 / monthAdjust
Principal & interest
$4,146
Property tax
$253
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $3,035. 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 292 Main Street

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Request a tour of 292 Main Street 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.