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5 & 7 Sea Street, Phippsburg, ME 04562

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For Sale

$749,000

4 beds • 3 baths • 3,310 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $226.28
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Unrivaled opportunity to own an income-producing beach-side getaway in the historic Popham Beach community. Popham destinations are all just a cocktail away: Spinney's Restaurant and Store, Fort Popham, Fort Baldwin, the Popham pier and dock, the Popham Library and even the Church. Enjoy views of Atkins Bay, Fort Popham, Bay Point, while watching the Kennebec River flow into the Atlantic with islands and lighthouses in all directions! This rare offering features a winterized owners' unit with full basement, oil-fired heating, and oversized recreation room above a two car garage - perfect for all your summer (or winter) toys. Alongside is a detached two bedroom rental or guest cottage. All structures and systems boast major renovations over the past three years, including new roof, siding, windows, water system, and more! Annual gross receipts could easily top $100,000 depending on owners' use. Popular booking at Airbnb with 4.85 stars!! The white sands of Popham Beach stretch on for miles, offering epic surfing, skimboarding, sunbathing, and hiking alike. This is easily Maine's best kept secret when it comes to ocean experiences, and this property will offer a lifetime of memories for every moment you are here. And it will pay for itself while you are off adventuring somewhere else. Don't miss the chance to see this home during the open house on Friday, April 26th, from 4 to 6, and Saturday, April 27th, from 3 to 5. Showings begin at the open house Friday 4/26.
MLS# 1587040

Courtesy Of Sharon Drake Real Estate
136 Front Street, Bath, ME 04530
(207) 443-1005

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Dryer, Range - Electric, Range - Gas, Refrigerator, Washer
  • Architecture Style
    Colonial
  • Exterior Type
    Wood
  • Heating System
    Forced Air
  • Lot Size
    0.17 Acres
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom, Full Bath, Great Room, Kitchen, Laundry Room, Living Room

Map and Directions

Directions to 5 & 7 Sea Street, Phippsburg, ME 04562

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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