Price Reduced 5.00%
Price History
$2,100,000
10/9/2024
$1,995,000
11/18/2024
245 Arundel Road, Kennebunkport, ME, 04046
1905
10,491 sqft
A GOOD INVESTMENT FOR THE ENTERPRISING PERSON! Explore this exceptional property, which includes a restored 1905 barn converted into a magnificent venue and residence. The first level is a beautiful venue for hosting special events or corporate gatherings, accommodating up to 150 guests. It features a bar, a commercial kitchen, and a bathroom. Outside, there's a seating area w/ firepit and a bar, along with a charming gazebo perfect for outdoor weddings. Prospective buyers must conduct thorough due diligence to obtain planning board approvals, as the property is zoned for agricultural, commercial, and recreational use. Any other commercial uses would require approval from the planning board. The living space above the event area comprises 3 floors, including 5 BRs, 2 BAs, a media rm and game rm. The primary BR suite with an adjacent sitting rm includes a full BA, a hot tub, and a laundry area. The upper level features an additional BR, laundry hook-up, and flex space. Additionally, the property features a 4,000-SF garage, a studio/office, and a barn with potential for conversion back into horse stalls. The expansive fields and picturesque pond further enhance the allure of this property. The septic system is designed for a 3-bedroom single-family dwelling; however, buyers must check with the planning board for increased usage. Take advantage of this opportunity to own a property that offers a unique blend of historic charm and modern luxury with endless possibilities.
Status:
Active
Type:
Commercial
Zoning:
FF
Heating:
Stove, Radiant, Geothermal, Direct Vent Heater, Baseboard
Cooling:
None
Basement:
None
Parking:
21+ Spaces, On Site
Acreage:
7
Est. Taxes:
$4,258
Construction
Wood Siding, Wood Frame
Lot Description:
Near Turnpike/Interstate, Rural
Amenities:
Storage
MLS #:
1606349
Community Info
School Info
Walk Score
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Listing courtesy of Town Square Realty Group