About This Home
This 1-bedroom, 1-bathroom single family at 423 Ridge Road in Addison, ME is listed for $275,000 ($285 per sqft). Built in 1940, the home offers 964 sqft of living space on a 1.00 acres lot.
Key Features
- Built in 1940
- 1.00 acre lot
Property Details
Pleasant River Waterview Investment Property. Stunning Pleasant River Waterview Property with Proven Airbnb Income! Perched high on the hillside overlooking the Pleasant River, this beautifully renovated shingled ranch offers breathtaking water views and an exceptional opportunity for both personal enjoyment and investment.
Currently operating successfully as an Airbnb, this property comes with 5 years of established rental history and income, making it an attractive turnkey investment for those looking to add a proven vacation rental to their portfolio. The main level features one comfortable bedroom, a full bathroom with a convenient laundry area, and an inviting op
en-concept kitchen and dining area with stainless steel appliances, a gas range, and abundant natural light. The spacious living room is the heart of the home, showcasing panoramic Pleasant River views, a queen Murphy bed for additional sleeping space, and a large retractable projector screen perfect for relaxing or entertaining.
Step outside onto the expansive deck and take in the spectacular water views, overlooking the Pleasant River, surrounding countryside, and ever-changing coastal skyline. Whether you're enjoying your morning coffee, entertaining guests, or watching the sunset, the setting is truly special.
The daylight basement includes a one-bay garage along with excellent storage and expansion potential. Located just an hour from Acadia National Park and within easy driving distance of the Bold Coast, Jasper Beach, and Schoodic Point, this property offers an ideal combination of peaceful Down East living, stunning water views, and proven income potential.
Use it as your own year-round home or vacation getaway while continuing the established Airbnb business--or simply add a turnkey investment property with a 5-year rental track record to your portfolio.
Monthly Cost Estimate
$1,471/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
423 Ridge Road
Addison, ME 04606
Property Details
Flooring
Construction
Outdoor Features
Parking
Heating
Questions & Answers
This 1-bedroom, 1-bathroom single family at 423 Ridge Road is listed at $275,000 ($285/sqft). The estimated monthly payment is $1,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1940, 1.00 acre lot.
This property is listed by Heather Knapp and can be reached at 2075577371.