This spectacular oceanfront home was constructed in 2002 in the tradition of a classic Islesboro cottage. Located on the north-western shore of the island near Seal Cove, the open and airy waterfront residence is situated on 35.5+/- acres of land protected by Islesboro Island Trust and features 500 +/- feet of shorefront with west facing views looking over Penobscot Bay and back to the Camden Hills. There is a fantastic and easily accessible private pebble beach area, and wide open views of the water. With first and second floor primary bedroom options, this four bedroom, four and a half bath home also includes beautiful gardens, open lawn, dramatic ledges, a large and inviting stone patio overlooking the ocean, and a screened porch. The home has been recently updated with a new roof, heat pumps added for heating and cooling, new generator and shed storage area, new stairwell down to the beach area, and it will convey fully furnished for your immediate enjoyment. Great basement with a second laundry area, and tons of easily accessible storage space. This is a beautiful and turn-key island home.
Closed
$2,295,000
229 Otter Creek Lane, Islesboro, ME 04848
4beds
3,500sqft
Single Family Residence
Built in 2002
35.5 Acres Lot
$2,428,900 Zestimate®
$656/sqft
$4,073 Estimated rent
Home value
$2,428,900
$2.16M - $2.74M
$4,073/mo
Zestimate® history
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$11,768/mo
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Zillow last checked:
Listing updated:
Listed by:
Legacy Properties Sotheby's International Realty
Bought with:
Warren Realty
Source: Maine Listings,MLS#: 1596445
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Primary bedroom
- Features: Balcony/Deck, Double Vanity, Full Bath, Soaking Tub, Walk-In Closet(s)
- Level: Second
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Bedroom 4
- Level: Second
Dining room
- Level: First
Great room
- Features: Vaulted Ceiling(s), Wood Burning Fireplace
- Level: Second
Kitchen
- Level: First
Laundry
- Level: First
Living room
- Features: Built-in Features, Wood Burning Fireplace
- Level: First
Heating
- Forced Air, Heat Pump, Hot Water
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
Features
- Bathtub, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
- Flooring: Wood
- Basement: Interior Entry,Full
- Number of fireplaces: 3
- Furnished: Yes
Interior area
- Total structure area: 3,500
- Total interior livable area: 3,500 sqft
- Finished area above ground: 3,500
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 5 - 10 Spaces
Features
- Patio & porch: Patio
- Has view: Yes
- View description: Mountain(s), Scenic
- Body of water: Penobscot Bay
- Frontage length: Waterfrontage: 500,Waterfrontage Owned: 500
Lot
- Size: 35.5 Acres
- Features: Open Lot, Landscaped, Wooded
Details
- Additional structures: Shed(s)
- Parcel number: ISBRM0029L0016
- Zoning: Shoreland
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Cottage,Shingle
- Property subtype: Single Family Residence
Materials
- Wood Frame, Shingle Siding
- Roof: Shingle
Condition
- Year built: 2002
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Private
Community & HOA
Location
- Region: Islesboro
Financial & listing details
- Price per square foot: $656/sqft
- Tax assessed value: $1,863,400
- Annual tax amount: $20,497
- Date on market: 7/11/2024
- Road surface type: Gravel, Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2024 | Sold | $2,295,000-4.2%$656/sqft |
Source:  Maine Listings #1596445 Report a problem | ||
| 9/2/2024 | Pending sale | $2,395,000$684/sqft |
Source: Maine Listings #1596445 Report a problem | ||
| 7/23/2024 | Contingent | $2,395,000$684/sqft |
Source: Maine Listings #1596445 Report a problem | ||
| 7/11/2024 | Listed for sale | $2,395,000+78.1%$684/sqft |
Source: Maine Listings #1596445 Report a problem | ||
| 4/12/2019 | Sold | $1,345,000$384/sqft |
Source: Maine Listings #1367492 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $22,174 +8.2% | $1,863,400 |
| 2023 | $20,497 +0.2% | $1,863,400 +64% |
| 2022 | $20,446 +2% | $1,135,900 |
| 2021 | $20,049 | $1,135,900 |
| 2020 | $20,049 +6% | $1,135,900 |
| 2019 | $18,913 -3.5% | $1,135,900 -5.2% |
| 2018 | $19,591 +3.5% | $1,198,200 |
| 2017 | $18,932 +0.4% | $1,198,200 |
| 2016 | $18,860 +5.2% | $1,198,200 |
| 2015 | $17,925 +5.9% | $1,198,200 -14.2% |
| 2014 | $16,932 | $1,395,900 |
Find assessor info on the county website
Neighborhood: 04848
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Nearby schools
GreatSchools rating
- 9/10Islesboro Central SchoolGrades: K-12Distance: 6.7 mi
- Maine
- Waldo County
- Islesboro
- 04848
- 229 Otter Creek Lane
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