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14 Osprey Lane, Searsport, ME 04974

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For Sale

$275,000

2 beds • 1 baths • 896 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $306.92
    Price per square foot

  • New Construction
    Age

Explore this Property

An exciting move-in-ready new construction, 14 Osprey Lane is a Cape-style home just a one-minute drive from downtown Searsport. Balancing value with energy-efficient features, the home has solar panels, heat pumps, and a tight thermal envelope, resulting in exceptional comfort and low or no utility bills for homeowners. This .61-acre property comes complete with energy-efficient appliances and is primarily built with Maine and regional materials, including cedar decking from Dewey's Lumber and pine clapboards, floors, and trim from Robbins Lumber. Other locally sourced building materials include triple-glazed windows by Mathews Brothers, wood-fiber insulation from TimberHP, and dimensional lumber from Hancock Lumber. Zero Energy Homes will sell the high-performance home to a year-round resident homebuyer earning 80 percent or less of area median income (AMI) for Waldo County. 14 Osprey Lane is a 2 bedroom, 1 bath, with 896 square feet of living area on the first floor. The second floor has 700 square feet of current storage and future living area and can be finished for 1 or 2 additional bedrooms/living space. It is set on a foundation with a partial basement built by expert Maine craftsmen. It is within walking distance to the Coastal Mountains Land Trust Mill Brook Preserve. Penquis Community Action Program originally developed the Osprey Lane subdivision as a neighborhood for workforce housing. The property is subject to two types of covenants: the Windward Estates subdivision covenants and affordability covenants held by Penquis Community Action Program. Affordability covenants ensure that when this house is sold in the future, it will be at a price that is accessible to another 80 percent AMI homebuyer. The covenants provide for the homeowner to build equity and realize a reasonable appreciation on the value of the property.
MLS# 1633441

Courtesy Of The Entry Only Listing Service
304 Newbury St. #346, Boston, MA 02115
(877) 249-5478

Property Features

  • Age
    New Construction, New Construction
  • Amenities
    Deck, Porch
  • Architecture Style
    Cape Cod
  • Exterior Type
    Wood Siding
  • Floor Covering
    Wood
  • Lot Size
    0.61 Acres
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 14 Osprey Lane, Searsport, ME 04974

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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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