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1407 Us Highway 1, 
Prospect, ME 04981

$589,000


3

Beds


2

Baths


1,354

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Danielle Liscomb

Realty Of Maine

Last updated:

July 15, 2025, 01:41 PM

MLS#

1630175

Source:

ME MREIS

About This Home

1407 Us Highway 1

Coastal Maine gem nestled on the banks of the Penobscot River, offering 745 feet of shoreline and breathtaking panoramic views of the iconic Penobscot Narrows Bridge. This character-filled property blends history, opportunity, and natural beauty all in one. The main home features 3 bedrooms and 1¼ baths, showcasing original historic charm throughout. While cosmetic upgrades would enhance the space, there's great potential for reconfiguring to add larger bathrooms or expand the kitchen. The beautifully landscaped grounds, mature plantings, and riverside setting create a tranquil retreat full of possibility. Above the detached 2 car garage, with a separate back entrance, you'll find a charming 1 bedroom, 1 bathroom fully furnished apartment/in law suite with a successful Airbnb and short-term rental history, perfect for generating additional income or hosting guests. This property is perfectly positioned between the Mid Coast Maine area, and the attractions of Fort Knox Historic Site & the Penobscot Narrows Observatory, while being an easy drive to Ellsworth or Acadia National Park, attracting seasonal visitors, and outdoor enthusiasts. The large, open grounds have potential for adding seasonal cottages, food trucks, or additional short-term rentals—a smart investment opportunity in a high-traffic tourism corridor. Whether you're looking for a primary residence with income options, a seasonal retreat, or a unique coastal business venture, this property has it all.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1933

Price Summary

589,000

$435 per Sq. Ft.

MLS #:

1630175

Last Updated:

July 15, 2025, 01:41 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

1,354 Sq. Ft.


Structure

Structure

Building Area:

1,354 Sq. Ft.

Year Built:

1933


Lot

Lot Size (Sq. Ft):

253,519


Finances & Disclosures

Finances

Price:

$589,000

Price per Sq. Ft:

$435 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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