Active

$499,000

592 U.S. 1, Hancock, ME 04640

2beds

1,200sqft

$2,979/mo

Get pre-qualified

Single Family Residence

Built in 1986

2.2 Acres Lot

$484,400 Zestimate^®

$416/sqft

$-- HOA

What's special

Inviting two-bedroom home

Recently remodeled from top to bottom, this inviting two-bedroom home features efficient heat and air-conditioning mini-splits for year-round comfort. A newly constructed additional building is currently used by the owner as a gift shop and offers exciting possibilities as an Airbnb, year-round rental, studio, office, or retail space. According to the seller, the property may also have development potential for two duplexes or approximately 45-50 RV sites, subject to municipal and regulatory approvals. Conveniently located within an easy commute to Mount Desert Island, this versatile property offers tremendous potential for residential, rental, commercial, or investment use. Bring your ideas and come take a look!

10 days

177

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: First
Area: 100 Square Feet
Dimensions: 10 x 10

Bedroom 2

Level: First
Area: 100 Square Feet
Dimensions: 10 x 10

Kitchen

Level: First
Area: 144 Square Feet
Dimensions: 12 x 12

Living room

Level: First
Area: 144 Square Feet
Dimensions: 12 x 12

Heating

Forced Air

Cooling

Heat Pump

Features

Flooring: Laminate
Basement: Bulkhead,Full
Has fireplace: No

Interior area

Total structure area: 1,200
Total interior livable area: 1,200 sqft
Finished area above ground: 1,200
Finished area below ground: 0

Property

Parking

Parking features: Paved, 5 - 10 Spaces

Features

Has view: Yes
View description: Trees/Woods

Lot

Size: 2.2 Acres
Features: Near Town, Suburban, Level

Details

Additional structures: Outbuilding
Parcel number: HANKM219L026
Zoning: Commercial

Construction

Type & style

Home type: SingleFamily
Architectural style: Cape Cod
Property subtype: Single Family Residence

Materials

Wood Frame, Wood Siding
Foundation: Poured Concrete
Roof: Shingle

Condition

Year built: 1986

Utilities & green energy

Electric: Circuit Breakers
Sewer: Private Sewer
Water: Well

Community & HOA

Location

Region: Hancock

Financial & listing details

Price per square foot: $416/sqft
Tax assessed value: $122,900
Annual tax amount: $2,690
Date on market: 8/17/2026
Road surface type: Paved

Estimated market value

$484,400

$460,000 - $509,000

$1,935/mo

Price history

Date	Event	Price
8/17/2026	Listed for sale	$499,000+244.1%$416/sqft
Source: Maine Listings #1676537 Report a problem
8/31/2023	Sold	$145,000-14.2%$121/sqft
Source: Maine Listings #1562305 Report a problem
6/23/2023	Pending sale	$169,000$141/sqft
Source: Maine Listings #1562305 Report a problem
6/15/2023	Listed for sale	$169,000-48.8%$141/sqft
Source: Maine Listings #1562305 Report a problem
2/20/2023	Listing removed	--
Source: Maine Listings #1538281 Report a problem
2/13/2023	Listed for sale	$329,900$275/sqft
Source: Maine Listings #1538281 Report a problem
1/24/2023	Listing removed	--
Source: Maine Listings #1538281 Report a problem
10/12/2022	Price change	$329,900-8.1%$275/sqft
Source: Maine Listings #1538281 Report a problem
9/23/2022	Price change	$359,000-5.3%$299/sqft
Source: Maine Listings #1538281 Report a problem
8/29/2022	Price change	$379,000-5%$316/sqft
Source: Maine Listings #1538281 Report a problem
7/29/2022	Listed for sale	$399,000$333/sqft
Source: Maine Listings #1538281 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,444 +46.7%	$122,900 +31.2%
2023	$984 -56.4%	$93,700 -56.4%
2022	$2,258 -4.5%	$215,000
2021	$2,365 +2.8%	$215,000
2020	$2,301	$215,000
2019	$2,301 -2.7%	$215,000
2018	$2,365	$215,000
2017	$2,365 -0.1%	$215,000 -0.1%
2016	$2,368 +6.3%	$215,300
2015	$2,228 +3.5%	$215,300
2014	$2,153 -2.3%	$215,300 -2.8%
2013	$2,203 +3.9%	$221,400
2012	$2,121	$221,400
2011	$2,121 +25.4%	$221,400 +6.2%
2009	$1,692	$208,400