70 Ocean Gate Road, Southport, ME 04576 ⋆

70 Ocean Gate Road, Southport, ME 04576

$7,400,000

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Property Type: Commercial Square Footage: 35,290 Lot Size (sq. ft.): 1,437,480 Status: Closed

Current Price: $7,400,000 List Date: 6/27/2025 Last Modified: 1/12/2026

Overview

Description

Ocean Gate Resort is a 65-room coastal Maine resort located on Southport Island, less than 10 minutes from downtown Boothbay Harbor. Southport Island is located on the Maine Coast, 10 minutes from downtown Boothbay Harbor, 1 hour 15 minutes from Portland, and 3 hours from Boston. Nestled among 33 acres of woods and ocean-view vistas, the resort features a full array of recreational amenities, including an outdoor heated pool, canoes and kayaks launched from a private dock, miniature golf course, fire pits with Adirondack chairs, bikes to explore the area, and tennis and basketball courts. Almost all guestrooms feature ocean views, and most offer private balconies or decks. The Property is open from May to October. Ocean Gate Resort was acquired by current owner, Radify Soutport, LLC, in December 2022 as part of a multi-property deal with the intention of repositioning and incorporating the LOGE brand. They opted to shift their focus on properties closer to their west coast corpora ... (Read more)

Listing Details MLS# 1628486

Location Information

Street #: 70
Street Name: Ocean Gate
Street Type: Road
County: Lincoln
Town: Southport
State/Province: ME
Zip Code: 04576
Zip +4: 3053
Leased Land: No
Book: 5968
Page: 30
Map: 24+25
Lot: 10
Zoning: Residential
Full Tax Amount $: 34429
Tax Year: 2024
Tree Growth Y/N: No
Association Y/N: No

Contract Information

Original List Price: 11000000

Property Information

Primary Use: General Commercial
Surveyed: Yes
Deed/Conveyance Type Offered: Quit Claim w/Covenant
Deed: All
Deed Restrictions: Unknown
Bank Owned REO: No
Year Built: 1956
Year Renovated +/-: 2020
Total # Floors: 2
SqFt Finished Total: 35290
Lot Size Acres +/-: 33

Status Change Info

Pending Date: 2025-12-15
Closed Date: 2026-01-07
Closed Price: 7400000

Water Info

Water Frontage: Yes
Waterfront Amount: 1400
Water Frontage Owned: 1400
Water View: Yes
Water Body Name: Moffit Cove/Sheepscot River
Island: Yes

Sold Info

Appraiser Email Address: john@jpowellappraisals.com

More Information

Location

Deep Water Access: Yes
Water View: Yes
Waterfront: Yes

Source of Water Frontage

Public Records: Yes

Property Uses

Development: Yes
Hotel/Motel: Yes
Mobile/Trailer Park: Yes
Resort: Yes

Water Body Type

Cove: Yes
River: Yes

Recreational Water

Dock: Yes
Oceanfront: Yes

Construction

Masonry: Yes
Wood Frame: Yes

Foundation Materials

Other: Yes
Pillar/Post/Pier: Yes

Exterior

Stucco: Yes
Vinyl Siding: Yes
Wood Siding: Yes

Roof

Composition: Yes
Shingle: Yes

Heat System

Baseboard: Yes

Heat Fuel

Electric: Yes

Cooling

Heat Pump: Yes
Wall Unit(s): Yes

Floors

Carpet: Yes
Composition: Yes
Tile: Yes
Vinyl: Yes
Wood: Yes

Parking

21+ Spaces: Yes
On Street: Yes
Paved: Yes

Electric

Circuit Breakers: Yes

Gas

Bottled: Yes

Sewer

Other: Yes
Private Sewer: Yes
Septic Tank: Yes

Water

Seasonal: Yes
Well: Yes

Sold Terms Other

Arms Length: Yes

Property Features

Location: Deep Water Access; Water View; Waterfront Source of Water Frontage: Public Records Water Body Type: Cove; River Recreational Water: Dock; Oceanfront Construction: Masonry; Wood Frame Property Uses: Development; Hotel/Motel; Mobile/Trailer Park; Resort Foundation Materials: Other; Pillar/Post/Pier Exterior: Stucco; Vinyl Siding; Wood Siding Roof: Composition; Shingle Heat System: Baseboard Cooling: Heat Pump; Wall Unit(s) Floors: Carpet; Composition; Tile; Vinyl; Wood Parking: 21+ Spaces; On Street; Paved Electric: Circuit Breakers Gas: Bottled Sewer: Other; Private Sewer; Septic Tank Water: Seasonal; Well Sold Terms Other: Arms Length

Documents

Lead Paint Addendum Public Access ›

Property Disclosure Public Access ›

full survey ›

closeup survey ›

Listing Office: Portside Real Estate Group

IDX

Last Updated: January - 12 - 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 ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

70 Ocean Gate Road, Southport, ME 04576 (MLS# 1628486)