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549 Main Street, 
Monmouth, ME 04259

$575,000


Bed


5

Baths


4,340

Sq Ft


Multi-Family

Pending

Listed by

Jordan Stolt

Grace Stocco

Summit Real Estate

Last updated:

April 16, 2025, 07:24 AM

MLS#

1612072

Source:

ME MREIS

About This Home

549 Main Street

Nestled on 7.8 acres of scenic land, this unique two-unit property offers both income potential and plenty of space for your personal enjoyment. Located in the heart of Monmouth, ME, it includes a successful Airbnb-ready 4-bedroom, 3-bathroom home, a cozy 2-bedroom, 1.5-bathroom unit, an old cider barn full of character, and private access to the tranquil Cochnewagon Lake just across the railroad tracks. The spacious 4-bedroom, 3-bathroom unit has been a consistently successful Airbnb, making it an ideal investment opportunity or a perfect space for large families. With its bright, open layout, the home features modern amenities while retaining classic New England charm. Expansive living areas, a fully equipped kitchen, and cozy bedrooms provide guests with a comfortable, memorable stay. The property's sprawling yard and serene surroundings further elevate the guest experience, offering them a true escape.The second unit is a 2-bedroom, 1.5-bathroom home that was rented to a family friend under market value, offering potential for a new tenant at full market rate or a private in-law suite. This unit is perfect for multigenerational living or additional rental income. With a spacious kitchen, cozy living spaces, and a private entry, this unit provides both comfort and privacy. A unique feature of this property is the charming old cider barn, full of rustic character and ready for transformation. Whether you're looking for additional storage, a workshop, or a space to create your own studio, this historic structure adds character and versatility to the property.Enjoy the serenity and beauty of Cochnewagon Lake just a short walk away across the railroad tracks. Whether you're into boating, fishing, or simply enjoying nature, this access provides a special touch to this already incredible property.

Home Facts

Multi-Family

5 Baths

Built in 1905

Price Summary

575,000

$132 per Sq. Ft.

MLS #:

1612072

Last Updated:

April 16, 2025, 07:24 AM


Rooms & Interior

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

4

Interior

Living Area:

4,340 Sq. Ft.


Structure

Structure

Architectural Style:

Farmhouse

Building Area:

4,340 Sq. Ft.

Year Built:

1905


Lot

Lot Size (Sq. Ft):

344,124


Finances & Disclosures

Finances

Price:

$575,000

Price per Sq. Ft:

$132 per Sq. Ft.

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MREIS Multiple Listing Service™ system Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved

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