Price $2,750,000 | Taxes $10,800 | 386 West Side Road, Addison | MLS# 1501001
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Call Spencer Wood at (603)568-2475 for more information on this once in a lifetime opportunity property in Coastal Maine.
Perched on a knoll above the shores of the Pleasant Bay in Addison is a bed and breakfast that speaks the language of Downeast Maine. It offers up an unhurried pace, simple unfettered charm, and a friendly relaxed ambience that has kept travelers coming back to this beautiful property at 386 West Side Road for over 20 years!
Spread out over 110+/- acres with 10,000+/- feet of waterfront, this coastal escape is extraordinary from top to bottom. From the outside, the home’s dove-grey shingles show their familiarity with salt and time, the perennial, herb, and vegetable gardens smile with billowy charm, and the manicured lawns paint a ‘pastoral landscape meets coastal splendor’ that you’d expect an Andrew Wyeth or Edward Hopper to paint. Inside the house, you’ll find the kinds of elements you might expect from a coastal farmhouse bed and breakfast: face-nailed wide pine floorboards, shiplap on walls, brick fireplace hearths, and a monochromatic color palette with the occasional blue and green accents.
As it operates now, this established bed and breakfast features four sunny guestrooms that each have either a shared or private bath. From each room, there are spectacular views of the water. The common areas include a grand room for gathering and dining, a library with a cozy reading nook, and a large deck and screen porch where guests can enjoy a leisurely breakfast surrounded by the beauty of nature. There is an owner’s master bedroom that sits back from all the guest quarters and creates a convenient split bedroom house plan. Over the last quarter-century, the B&B has drawn guests from across the world looking for that “true Maine experience”. While many guests travel overland by car to get to the B&B, the property’s deep-water yacht mooring makes it possible for others to make their way to the property overwater by boat!
Here, you wake up when the sun rises (and that is early since Washington County is the first in the country to see the sunrise!) and you go to sleep when the sun sets. You almost feel controlled by the rhythms of nature as you walk along the 3½ miles of well-maintained trails on the property, huddle over jigsaw puzzles on the sun-soaked deck and dawdle down by the water’s edge. When you travel off the property, you’ll feel that 3 same draws to Maine’s unique and rugged coastline as you find yourself centered between two coastal splendors - Acadia National Park and Campobello Island.
Outside of the B&B, this property offers up multiple other income opportunities. The area surrounding the B&B is known for destination weddings and events. While the B&B is set up to support this type of business, current owners have primarily focused their efforts on the lodging business which leaves clear opportunity for the incoming owners. A nominal increase in marketing would grow the wedding and events business quickly. This property also currently serves as a working llama/horse farm, so it is zoned for livestock, has plenty of fenced in pasture, two good-sized freshwater ponds, and substantial shelters and barns that provide adequate protection making it a viable agriculture investment. The brawny post and beam barn on the property even used to house one of the largest red deer/elk farming operations in Maine! Additionally, there are two double garages on the property, one of which is free-standing and has an in-law suite above it, that could be used as a long-term residential rental or a short-term vacation rental.
Whether this home’s buyers continue to run it as a B&B, live in it as a private residence, or explore one of its many other viable income opportunities, the property will retain the quality that makes it so special: an unmatched union of coastline and inland wonder. To blend in with the local vernacular, in color and form, is to live here.