1407 US Highway 1, Prospect, ME 04981
$529,000
Property Type:
Residential
Bedrooms:
4
Baths:
3
Square Footage:
1,354
Lot Size (sq. ft.):
253,519
Status:
Active
Current Price:
$529,000
List Date:
7/07/2026
Last Modified:
10/02/2026
Overview
Description
...
(Read more)
Set along 745 feet of Penobscot River shoreline, this unique coastal Maine property offers panoramic views of the iconic Penobscot Narrows Bridge, timeless character, and exceptional investment potential. Main home features 3 bedrooms and 2 baths (one on main level), blending charm w/ thoughtful modern updates. Beautifully landscaped grounds and mature plantings create a peaceful waterfront setting perfect for year-round living or a seasonal retreat.
Above the detached two-car garage, with its own private entrance, is a 1-bedroom, 1-bath apartment with a previous rental history--ideal for guests, extended family, or supplemental income.
Conveniently located between Midcoast and Downeast Maine, the property is just minutes from Fort Knox State Historic Site, the Penobscot Narrows Observatory, and an easy drive to Ellsworth, Mount Desert Island, and Acadia National Park. Positioned along a popular tourism corridor, the expansive grounds offer exciting possibilities for additional investment endeavors.
Recent improvements include a renovated kitchen w/ new cabinetry, plumbing, and water filtration; updated bathrooms; rebuilt sunroom w/ new windows and siding; new windows in both the main home and apartment; pine tongue-and-groove finishes; garage exterior improvements; Samsung mini-split heating and cooling systems; electrical upgrades; and numerous cosmetic enhancements throughout.
A rare opportunity to own a waterfront property that combines Maine history, income potential, and room to grow! Maine is calling!
Listing Details MLS# 1670694
Property Sub-Type
- Property Sub-Type
- Single Family Residence
Location Information
- Street #
- 1407
- Street Name
- US Highway 1
- County
- Waldo
- Town
- Prospect
- State/Province
- ME
- Zip Code
- 04981
- Leased Land
- No
- Book
- 5242
- Page
- 297
- Map
- 4
- Lot
- 15
- Zoning
- rural & shoreland
- Zoning Overlay
- No
- Association
- No
- Full Tax Amount $
- 3375
- Tax Year
- 2025
- Tree Growth Y/N
- No
Contract Information
- Original List Price
- 595000
Property Information
- Surveyed
- Yes
- Seasonal
- No
- # Rooms
- 8
- # Bedrooms
- 4
- Total Full Baths
- 3
- Total Baths
- 3
- Furniture
- Negotiable
- Color
- white
- Year Built
- 1933
- SqFt Finished Above Grade
- 1354
- SqFt Finished Total
- 1354
- SqFt Source
- Public Records
- Garage
- Yes
- Garage Spaces
- 2
- Lot Size Acres +/-
- 5.82
- Source of Acreage
- Public Records
Water Info
- Waterfront
- Yes
- Waterfront Amount
- 745
- Water Frontage Owned
- 745
- Water View
- Yes
- Water Body Name
- Penobscot River
More Information
Bedroom 1
- Bedroom 1
- Yes
- Bedroom 1 Level
- Second
Bedroom 2
- Bedroom 2
- Yes
- Bedroom 2 Level
- Second
Bedroom 3
- Bedroom 3
- Yes
- Bedroom 3 Level
- Second
Dining Room
- Dining Room
- Yes
- Dining Room Level
- First
Kitchen
- Kitchen
- Yes
- Kitchen Level
- First
Living Room
- Living Room
- Yes
- Living Room Level
- First
Sunroom
- Sunroom
- Yes
- Sunroom Level
- First
Property Features
Site:
Open; Rolling/Sloping; Well Landscaped
Location:
Near Public Beach; Other Location
Roads:
Dead End; Paved; Public
Transportation:
Deep Water Access; Major Road Access
Source of Water Frontage:
Public Records
Water Body Type:
River
Recreational Water:
Deeded; River/Brook/Stream
View:
Scenic
Appliances Included:
Dishwasher; Dryer; Gas Range; Refrigerator; Washer
Kitchen Countertop:
Other; Solid Surface
Style:
New Englander
Levels:
Two
Construction:
Wood Frame
Basement:
Full; Unfinished; Walk-Out Access
Basement Entry:
Exterior Only; Interior
Foundation Materials:
Poured Concrete
Roof:
Metal
Exterior:
Vinyl Siding
Heat System:
Forced Air; Heat Pump; Radiator
Heat Fuel:
Gas Bottled; Oil
Water Heater:
Gas
Cooling:
Heat Pump
Floors:
Carpet; Tile; Vinyl; Wood
Window Features:
Double Pane Windows
Patio and Porch Features:
Deck
Equipment:
Internet Access Available
Driveway:
Paved
Parking:
1 - 4 Spaces
Vehicle Storage:
2 Car; Detached; Storage Above
Electric:
Circuit Breakers
Gas:
Bottled
Sewer:
Private Sewer; Septic Design Available; Septic Tank
Water:
Well
Room Information
| Room Name | Level |
|---|---|
| Bedroom 1 | Second |
| Bedroom 2 | Second |
| Bedroom 3 | Second |
| Kitchen | First |
| Living Room | First |
| Dining Room | First |
| Sunroom | First |
| In-law Floorplan | Second |
Documents
Listing Office:
Portside Real Estate Group
Last Updated: October - 02 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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