About This Home

This 2-bedroom, 1-bathroom single family at 72 Ridge Road in Phippsburg, ME is listed for $130,000 ($156 per sqft). Built in 1950, the home offers 832 sqft of living space on a 0.23 acres lot.

Key Features

  • Built in 1950
  • 0.23 acre lot

Property Details

1 full
1950
Listing Description

An opportunity to renovate and reimagine a rustic coastal cottage in Phippsburg. Situated on a private dead-end road, this cottage offers a wooded setting, a full foundation, and plenty of potential for someone ready to take on a renovation project. Inside, the cottage features wood-paneled walls, a wood stove, a kitchen area, and flexible living spaces ready for improvement.

Substantial renovations and finishing work are needed, including completion of the bathroom and plumbing to connect to the well water supply. An approved septic design with a variance is on file with the town, offering a starting point for future improvements.

One of the property's most appealing features is a lovely walking trail winding through the woods to the adjoining property at 41 Bailey & Bakers Wharf Road, also offered for sale (see MLS#1685615). Together, these properties offer an opportunity to create a larger coastal retreat, with the potential to renovate this smaller cottage for guest accommodations, rental use, or additional living space, subject to applicable approvals.

Enjoy proximity to Sebasco Harbor Resort, Totman Cove, Morse Mountain, Popham Beach, and historic Fort Popham, with downtown Bath a short drive away for shopping, dining, and everyday conveniences. For buyers with vision and a willingness to take on a project, this property offers an opportunity to invest in a coastal Maine location with additional possibilities through the neighboring property. Being sold in its current condition, the cottage requires improvements.

Monthly Cost Estimate

$695/mo

20% down · 6.5% · 30 years

Principal$94
Interest$563
Insurance$38

Estimates only. Actual payments may vary.

Location

72 Ridge Road

Phippsburg, ME 04562

Features & Amenities

Interior Features

1st Floor Bedroom

Property Details

Flooring

VinylWood

Construction

Wood Frame Shingle Siding Wood Siding

Heating

Wood StovePropane (Heating)Wood

Questions & Answers

This 2-bedroom, 1-bathroom single family at 72 Ridge Road is listed at $130,000 ($156/sqft). The estimated monthly payment is $695 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.23 acre lot. Interior Features: 1st Floor Bedroom.

This property is listed by Sandra Gosselin.

SG

Sandra Gosselin

Agent at RE/MAX Shoreline

Listed by RE/MAX Shoreline · Broker phone: (207) 939-0207 · View on Broker Site · Broker website

MLS# 1686032· Source: Maine Listings· Added to PropertySimple today

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72 Ridge Road, Phippsburg, ME 04562

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