233 Limerock Street, Rockland, ME 04841
Local realty services provided by:CENTURY 21 Barbara Patterson
Listed by: jessica pooley, tristan lookjessicapooleyrealtor@gmail.com
Office: pooley realty group
MLS#:1604233
Source:ME_MREIS
Price summary
- Price:$299,000
About this home
Exceptional development opportunity in Rockland, Maine. Desirable location less than 1 mile to downtown, oceanfront and ferry terminal, servicing the islands, and just a short drive to Knox County Regional Airport. Owner welcomes serious investors or partnership offers toward completion, or outright purchase. Beginning with a sizeable 9.84 acre parcel that benefits from access to public utilities, the project includes several years of extensive site plan work, due diligence and planning by local and accomplished real estate investors. Neighborhood already hosts multi-family housing developments. A variety of configurations to consider, designed by the most reputable engineers and architects in beautiful midcoast Maine. This opportunity is zoned for multi-family residences, up to 196 units. Multiple site plans available with a variety of configurations. Owner has significant local ties to the area, with connections to governance, builders, financing, and subcontractors to facilitate next phase of development. Expectations for 2 bedroom units in new builds will exceed $2,000 per month, upon completion. The 120 unit configuration has estimated ACV of $36M, with under $20M estimated build cost, while enjoying significant monthly cash flow. Rockland serves as the cultural and geographic 'hub' of mid-coast Maine, situated nearly equidistant between Portland and Bangor International Airports, and boasting multi-transportational options between the Knox County Regional Airport, Rockland Ferry Terminal, US Rt 1 and Midcoast Rail Service. Rockland is home to a thriving arts community featuring galleries, festivals, museums and theater, and over 30 eateries to choose from. The historic downtown, lighthouses, and variety of things to do and places to stay, including the Samoset Resort and golf course, make Rockland special. Rockland thrives on tourism and a robust workforce, ensuring an indefinite need for housing and a community committed to ongoing development....
Contact an agent
Home facts
- Listing ID #:1604233
- Updated:February 10, 2026 at 04:34 PM
Structure and exterior
- Lot area:9.84 Acres
- Lot Features:Level, Near Town, Open, Rural
Finances and disclosures
- Price:$299,000
- Tax amount:$2,371 (2023)
Parking
- Parking description:No Driveway, On Site
New listings near 233 Limerock Street
- New
$509,900Active-- beds 4 baths2,800 sq. ft.30 - 32 Granite Street, Rockland, ME 04841
MLS# 1653709Listed by: LEGACY PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
$249,500Pending3 beds 2 baths1,385 sq. ft.24 Lake View Terrace, Rockland, ME 04841
MLS# 1652997Listed by: LEGACY PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
$329,000Active2 beds 1 baths1,055 sq. ft.6 Purchase Street, Rockland, ME 04841
MLS# 1652955Listed by: RE/MAX JARET & COHN
$650,000Active3 beds 3 baths2,300 sq. ft.21 Maverick Street, Rockland, ME 04841
MLS# 1652406Listed by: BANNER REALTY LLC
$489,000Active4 beds 3 baths2,728 sq. ft.20 Chestnut Street, Rockland, ME 04841
MLS# 1652387Listed by: CAMDEN COAST REAL ESTATE
$249,000Active3 beds 1 baths1,020 sq. ft.2 Camden Street Terrace, Rockland, ME 04841
MLS# 1652226Listed by: RE/MAX JARET & COHN
$349,000Pending3 beds 2 baths1,224 sq. ft.56 Thomaston Street, Rockland, ME 04841
MLS# 1651746Listed by: CATES REAL ESTATE
$485,000Active-- beds 3 baths2,506 sq. ft.17 Grove Street, Rockland, ME 04841
MLS# 1651707Listed by: CITY + HARBOR REAL ESTATE
$400,000Active2 beds 1 baths924 sq. ft.5 Jefferson Street, Rockland, ME 04841
MLS# 1651653Listed by: THE NEW ENGLAND REAL ESTATE COMPANY, LLC
$419,000Active3 beds 2 baths1,404 sq. ft.98 New County Road, Rockland, ME 04841
MLS# 1651378Listed by: RE/MAX JARET & COHN