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34, 36, 37 River RoadEdgecomb, ME 04556Price: $579,000

  • Price: $579,000
  • Est. Mortgage of $/month
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Federal 30-year interest rate: 6.6% last updated on Mar 16, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $579,000List Price
  • 6Acreage

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Listed by Keller Williams Realty
A rare opportunity-one that anyone looking to build on the Damariscotta River cannot ever expect to pull off again: A grandfathered driveway following alongside a private babbling brook that leads to a spacious, level building envelope exempt from the typical 150ft setback and approved to be situated only 75ft from the water's edge- all benefiting from 500ft of water frontage overlooking this parcel's own private island with sand beach. The Damariscotta River, renowned source of ME's finest oysters and known as the ''Napa Valley of Oysters,'' is the cleanest river on the Eastern Seaboard. 6 acres of coastal ME at its most majestic, this parcel is situated just upstream from Glidden Point Oyster Farms & just downstream from Dodge Cove Preserve. It was to be the site of the owner's dream home until life circumstances derailed her plans. She is very reluctantly letting this land go, & with so much of the hard work already done! The extensive improvements include excavation & earthwork completed last year with over 50 cubic ft of ledge chipped out, the foundation bed leveled, generous landscaping in the shoreland zone, the driveway cleared & structural base applied, road drainage & culverts added. CMP installed 2 power poles-1 at the street, & another further into the land. Soil testing completed, an approved septic permit obtained by the town & the area where the septic was approved has already been cleared out. Boothbay-based high end custom builder oversaw these major improvements, and produced building plans that were approved by the town, meant to take advantage of having been grandfathered into building within the shoreland zone- Yet there is also so much more buildable area- Even on the other side of the stream is buildable! 2 parcels + the 3rd being the private island. Builder will offer a $10k credit to new buyer should they wish to contract him to continue the build. Just over an hr from Portland, 30 mins from Bath & 12 minutes to Boothbay and the Twin Cities

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2023 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Tim Dunham participates in ©2023 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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