About This Home

This 0-bedroom, 0-bathroom commercial at 10 S Arm Road in Andover, ME is listed for $1,620,000 ($169 per sqft). the home offers 9,600 sqft of living space on a 126.00 acres lot.

Key Features

  • 126.00 acre lot
Listing Description

Once in a lifetime a property becomes available that is steeped in history and tradition, embodying American history while retaining its timeless elegance. This is that property. 10 South Arm Road (known as the Merrill House) is a vast Gilded Age country estate pointed on 126 acres in the beautiful mountains of Western Maine with a storied past.

In the early 1900s, Henry Varnum Poor (one founder of Standard and Poor's, later the S+P 500) carried out the final expansion, with contributions from influential architects Stanford White and Frederick Law Olmstead. It has been home to eight generations of the same family, the setting for a major motion picture, as well as a profitable retreat, event, and vacation rental.

Now, the Merrill House is poised for its next owner to carry on its legacy. Originally homesteaded in 1791, this is an opportunity to own a piece of American history and to operate a successful business in a mountain setting like no other. Perhaps a wedding venue, outdoor adventure base, or a retreat center.

The property offers six acres of manicured lawns, trails, and impressive views. The main home boasts 16 bedrooms, 7 bathrooms, a stately dining room, and an impressive Great Hall for which photos do not do justice. There is also an income-producing caretaker's cottage and ample garage and workshop space.

The property is partially heated, supporting three-season occupancy of up to 32 overnight guests, and four season for up to 12 overnight guests (6 bedrooms, 2 full and 2 half baths, study, & Great Hall) with 200-amp electrical service and updated plumbing.

Four-season outdoor recreation is all around. Nearby are Bethel, ME, Sunday River and Black Mountain ski areas (30 minutes), The Appalachian Trail (12 minutes), Rangely, ME (1 hour) and numerous walking, biking, ski, and motorsports trails are nearby. Portland International Jetport and North Conway, NH are 90 minutes away. Also listed as residential # 1632191.

Monthly Cost Estimate

$8,664/mo

20% down · 6.5% · 30 years

Principal$1,172
Interest$7,020
Insurance$473

Estimates only. Actual payments may vary.

Location

10 S Arm Road

Andover, ME 04226

Property Details

Flooring

WoodLinoleum

Construction

Wood Frame Wood Siding

Heating

BaseboardElectric (Heating)OilWood StoveWoodForced Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 10 S Arm Road is listed at $1,620,000 ($169/sqft). The estimated monthly payment is $8,665 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 126.00 acre lot.

This property is listed by Jason Clark and can be reached at 2076085927.

JC

Jason Clark

Agent at Coldwell Banker Realty

(207) 608-5927

Listed by Coldwell Banker Realty · Broker phone: 2079679900 · View on Broker Site

MLS# 1632205· Source: Maine Listings· 190 days on PropertySimple

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10 S Arm Road, Andover, ME 04226

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