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10 South Arm Road, Andover, ME 04226

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For Sale

$2,250,000

20 beds • 5 baths • 2 half baths • 9,000 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $250.00
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

Once in a lifetime a commercial property becomes available that is steeped in American history while retaining its timeless elegance, offering a compelling business opportunity in a unique mountain and riverfront setting. This is that property. The Merrill House is a vast Gilded Age country estate with a storied past, on 126 acres in the beautiful mountains of Western Maine. In the early 1900s, Henry Varnum Poor (founder of Standard & Poor's, later the S&P 500) carried out the final expansion, with contributions from influential architects Stanford White and Frederick Law Olmstead. It has been home to 8 generations of the same family, the setting for a major motion picture, and a profitable retreat, event, and vacation rental venue. The property offers extensive manicured lawns, gardens, trails, and magnificent views. The main home boasts 16 bedrooms, 7 bathrooms, a stately dining room, and an impressive Great Hall for which photos do not do justice. There are also income-producing caretaker's cottage and barns, and generous garage and workshop space. Originally homesteaded in 1791, the Merrill House is poised for its next owner to carry on its legacy, own a piece of American history, and operate a successful business in a setting like no other. Perhaps a retreat center, outdoor adventure base, or wedding venue. The property is partially heated, supporting three-season occupancy of up to 32 overnight guests, and four season for up to 12 overnight with 6 bedrooms, 2 full and 2 half baths, study, & Great Hall, with 200-amp electrical service and updated plumbing. Merrill House is surrounded by four-season outdoor recreation. Bethel, ME is about 30 minutes away, as are the Sunday River and Black Mountain ski areas. The Appalachian Trail is about 12 minutes away, and numerous walking, biking, ski, and motorsports trails right out the door. Rangeley, ME is about 1 hour away and Portland International Jetport and North Conway, NH are about 90 minutes away.
MLS# 1632191

Courtesy Of Coldwell Banker Realty
120 Main Street, Saco, ME 04072
(207) 967-9900

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Attic, Water Front
  • Architecture Style
    Colonial
  • Exterior Type
    Wood Siding
  • Fireplace
    Fireplace
  • Floor Covering
    Vinyl, Wood
  • Heating System
    Baseboard
  • Lot Size
    126 Acres
  • Rooms
    Den, Family Room, Great Room, Kitchen, Office

Map and Directions

Directions to 10 South Arm Road, Andover, ME 04226

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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.