Calling all developers, builders, and investors! Fox Hollow Estates presents a rare opportunity to acquire an approximately 23.5± acre planned residential subdivision in the heart of desirable Damariscotta, Maine. Designed for 8 single-family residential lots, this exceptional development combines a prime Midcoast location with significant planning and infrastructure already in place, allowing you to move your project forward with confidence.
Each spacious homesite offers generous buildable area in a private wooded setting, with public water available through the Great Salt Bay Water District and individual septic systems planned. Extensive development work has already been completed, including subdivision approvals, engineering, construction documents, a construction access road, staging area, electrical service, and underground conduit for future distribution, significantly reducing development time and upfront costs.
The subdivision has been thoughtfully designed to preserve the natural beauty of the property, including a protected conservation area with walking path easement that enhances privacy and creates an attractive neighborhood setting. Under the Town of Damariscotta's land use ordinance, each lot may also have the potential for an Accessory Dwelling Unit (ADU), subject to town approval and septic capacity, providing flexibility for guest cottages, in-law suites, or rental income opportunities.
Conveniently located just minutes from downtown Damariscotta, restaurants, shopping, healthcare, marinas, and U.S. Route 1, Fox Hollow Estates is ideally positioned to meet the growing demand for new construction in one of Midcoast Maine's most sought-after communities. Whether your vision is a neighborhood of custom homes, luxury residences, or investment properties, this is a rare opportunity to develop in a market where quality housing remains in high demand.
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Zillow last checked:
Listing updated:
Listed by:
Newcastle Realty207-563-1003
Source: Maine Listings,MLS#: 1672845
Facts & features
Property
Parking
Parking features: Gravel, On Street
Has uncovered spaces: Yes
Lot
Size: 23.5 Acres
Features: Near Town, Rural, Open Lot, Rolling Slope, Wooded
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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