Pleasant River Waterview Investment Property.
Stunning Pleasant River Waterview Property with Proven Airbnb Income! Perched high on the hillside overlooking the Pleasant River, this beautifully renovated shingled ranch offers breathtaking water views and an exceptional opportunity for both personal enjoyment and investment. Currently operating successfully as an Airbnb, this property comes with 5 years of established rental history and income, making it an attractive turnkey investment for those looking to add a proven vacation rental to their portfolio.
The main level features one comfortable bedroom, a full bathroom with a convenient laundry area, and an inviting open-concept kitchen and dining area with stainless steel appliances, a gas range, and abundant natural light. The spacious living room is the heart of the home, showcasing panoramic Pleasant River views, a queen Murphy bed for additional sleeping space, and a large retractable projector screen perfect for relaxing or entertaining.
Step outside onto the expansive deck and take in the spectacular water views, overlooking the Pleasant River, surrounding countryside, and ever-changing coastal skyline. Whether you're enjoying your morning coffee, entertaining guests, or watching the sunset, the setting is truly special.
The daylight basement includes a one-bay garage along with excellent storage and expansion potential.
Located just an hour from Acadia National Park and within easy driving distance of the Bold Coast, Jasper Beach, and Schoodic Point, this property offers an ideal combination of peaceful Down East living, stunning water views, and proven income potential. Use it as your own year-round home or vacation getaway while continuing the established Airbnb business--or simply add a turnkey investment property with a 5-year rental track record to your portfolio.
Active
Price cut: $25K (7/18)
$275,000
423 Ridge Road, Addison, ME 04606
1beds
964sqft
Single Family Residence
Built in 1940
1 Acres Lot
$255,000 Zestimate®
$285/sqft
$-- HOA
What's special
One-bay garagePanoramic pleasant river viewsAbundant natural lightComfortable bedroomExcellent storageBeautifully renovated shingled ranchStainless steel appliances
- 80 days
- 393
- 30
Zillow last checked:
Listing updated:
Listed by:
Realty of Maine
Source: Maine Listings,MLS#: 1669370
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Features: Walk-In Closet(s)
- Level: First
- Area: 100 Square Feet
- Dimensions: 10 x 10
Kitchen
- Features: Eat-in Kitchen
- Level: First
- Area: 308 Square Feet
- Dimensions: 22 x 14
Living room
- Level: First
- Area: 528 Square Feet
- Dimensions: 24 x 22
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dryer, Microwave, Gas Range, Refrigerator, Washer
Features
- Flooring: Tile, Vinyl, Wood
- Basement: Exterior Entry,Full,Unfinished
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 964
- Total interior livable area: 964 sqft
- Finished area above ground: 964
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Gravel, 1 - 4 Spaces, Basement
- Garage spaces: 1
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Scenic
- Body of water: Pleasant River
Lot
- Size: 1 Acres
- Features: Rural, Rolling Slope
Details
- Parcel number: ADDIM001L009
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Frame, Shingle Siding, Wood Siding
- Foundation: Poured Concrete
- Roof: Shingle
Condition
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Tank
- Water: Private, Well
Community & HOA
Location
- Region: Addison
Financial & listing details
- Price per square foot: $285/sqft
- Tax assessed value: $82,900
- Annual tax amount: $1,600
- Date on market: 6/28/2026
- Road surface type: Paved
Estimated market value
$255,000
$242,000 - $268,000
$1,330/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2026 | Price change | $275,000-8.3%$285/sqft |
Source: | ||
| 6/28/2026 | Listed for sale | $299,999+200%$311/sqft |
Source: | ||
| 10/2/2025 | Listing removed | $1,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/4/2025 | Listed for rent | $1,350-9.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/24/2024 | Listing removed | $1,495$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/2/2024 | Price change | $1,495-14.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/19/2024 | Listed for rent | $1,750$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/21/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/26/2023 | Listed for rent | $1,750$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/22/2021 | Sold | $100,000-16.7%$104/sqft |
Source: | ||
| 11/7/2021 | Pending sale | $120,000$124/sqft |
Source: Better Homes and Gardens Real Estate The Masiello Group #1510919 Report a problem | ||
| 11/6/2021 | Contingent | $120,000$124/sqft |
Source: | ||
| 11/6/2021 | Pending sale | $120,000$124/sqft |
Source: | ||
| 11/4/2021 | Listed for sale | $120,000$124/sqft |
Source: | ||
| 11/2/2021 | Pending sale | $120,000$124/sqft |
Source: Better Homes and Gardens Real Estate The Masiello Group #1510919 Report a problem | ||
| 11/2/2021 | Contingent | $120,000-14.3%$124/sqft |
Source: | ||
| 10/16/2021 | Pending sale | $140,000$145/sqft |
Source: Better Homes and Gardens Real Estate The Masiello Group #1510919 Report a problem | ||
| 10/16/2021 | Contingent | $140,000$145/sqft |
Source: | ||
| 10/2/2021 | Listed for sale | $140,000$145/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,552 +8.7% | $82,900 |
| 2023 | $1,428 +5.5% | $82,900 +1.7% |
| 2022 | $1,353 +12.8% | $81,500 +12.9% |
| 2021 | $1,199 +5% | $72,200 +1.1% |
| 2020 | $1,142 +0.6% | $71,400 |
| 2019 | $1,135 | $71,400 |
| 2018 | $1,135 | $71,400 |
| 2017 | $1,135 +8.9% | $71,400 |
| 2016 | $1,042 +1.7% | $71,400 |
| 2015 | $1,025 +7.1% | $71,400 |
| 2014 | $957 | $71,400 |
| 2010 | -- | $71,400 |
| 2009 | -- | $71,400 |
| 2008 | -- | $71,400 -1.9% |
| 2006 | -- | $72,800 |
Find assessor info on the county website
Monthly payment
Est. payment




