87 Wharf Road, Yarmouth, ME 04096
New Listing
$499,900

























Property Type:
Multi-Family
Baths:
2
Square Footage:
1,788
Lot Size (sq. ft.):
80,150
Status:
Active
Current Price:
$499,900
List Date:
10/15/2025
Last Modified:
10/15/2025
Description
Investors Take Notice
Diamond in the Rough — An unprecedented opportunity awaits at 87 Wharf Road on scenic Cousins Island. Priced $250k BELOW recent Assessed Value. Making its first return to the market since its original construction in 1960, this two-unit residence has been owned and cherished by the same family for more than six decades. With its versatile layout and expansive 1.84-acre lot, this property offers an exceptional foundation for renovation, investment, or multi-generational living.
Originally designed as a single-family home, the main level features a custom, hand-crafted kitchen—complete with a dedicated bread-kneading counter overlooking the peaceful backyard. As the family expanded, the home evolved with it, adding a second garage bay and a private apartment to accommodate extended family—creating today's flexible duplex configuration.
This property is being sold strictly ''as is'' and is ready for a comprehensive update. Yet, its enduring craftsmanship and thoughtful additions tell the story of a home built to last. A visionary buyer will appreciate the solid bones, generous lot size, and prime island location just minutes from Yarmouth Village and the Cousins Island Bridge.
Recent capital improvements include:
New roof and cedar shake siding (2010-2012)
New well pump (2017)
Updated water filtration system (2023-2024)
Electrical system upgrade (2000)
Whether you're seeking a duplex investment, a multi-family compound, or a single-home restoration project, 87 Wharf Road represents one of the most unique opportunities in Yarmouth's coastal market—where potential meets possibility.
Supplements: ********
More Information MLS# 1640904
Location Information
Book: 31804
Leased Land: No
Page: 82
Map: 054
Lot: 023
Zoning Overlay: No
Association: No
Tree Growth Y/N: No
Street #: 87
Street Name: Wharf
Street Type: Road
County: Cumberland
Town: Yarmouth
State/Province: ME
Zip Code: 04096
Zip +4: 5330
Zoning: LDR
Full Tax Amount $: 10525
Tax Year: 2024
Geo Lat: 43.754393
Geo Lon: -70.143815
Property Information
Surveyed: No
Seasonal: No
Owner Occupied: Yes
Number of Units: 2
Deed/Conveyance Type Offered: Warranty
Lot Size Acres +/-: 1.84
Total Baths: 2
Total Half Baths: 0
Road Frontage: Yes
Road Frontage +/-: 200
Source of Road Frontage: Public Records
SqFt Finished Above Grade: 1788
SqFt Finished Below Grade: 0
SqFt Source: Public Records
Furniture: Unfurnished
Garage: Yes
Garage Spaces: 3
Total Full Baths: 2
Year Built: 1960
SqFt Finished Total: 1788
Source of Acreage: Public Records
Site
Open: 1
Rolling/Sloping: 1
Wooded: 1
Location
Rural: 1
Roads
Paved: 1
Public: 1
Transportation
Deep Water Access: 1
Water Info
Water Frontage: No
Water View: Seasonal
Water Body Name: Atlantic Ocean
Water Body Type
Ocean: 1
Recreational Water
Nearby: 1
Style
Other: 1
Raised Ranch: 1
Construction
Wood Frame: 1
Other Structures
Outbuilding: 1
Basement
Finished: 1
Walk-Out Access: 1
View
Scenic: 1
Trees/Woods: 1
Foundation Materials
Poured Concrete: 1
Exterior
Vinyl Siding: 1
Roof
Composition: 1
Fiberglass: 1
Shingle: 1
Heat System
Baseboard: 1
Hot Water: 1
Other Heat System: 1
Wood Stove: 1
Heat Fuel
Electric: 1
Oil: 1
Wood: 1
Income & Expenses
Gross Income: 18000
Operating Expenses: 0
Cooling
Wall Unit(s): 1
Floors
Laminate: 1
Other: 1
Vinyl: 1
Wood: 1
Units
# of 1 BD Units: 1
# of 3 BD Units: 1
Parking
1 - 4 Spaces: 1
Unit 1
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 0
# Full Baths: 1
# of Rooms: 6
# of Bedrooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric
Circuit Breakers: 1
Generator Hookup: 1
Unit 2
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 1500
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Heat: Yes
Range: No
Refrigerator: Yes
Sewer: Yes
Water: Yes
Gas
Bottled: 1
No Gas: 1
Sewer
Private Sewer: 1
Septic Tank: 1
Water
Private: 1
Well: 1
Driveway
Paved: 1
Basement Entry
Exterior Only: 1
Interior: 1
Water Heater
Oil: 1
Window Features
Double Pane Windows: 1
Amenities
In-Law Apartment: 1
Security System: 1
Vehicle Storage
3 Car: 1
Basement: 1
Direct Entry to Living: 1
Contract Information
Status: Active
Original List Price: 499900
List Price: $499,900
Current Price: $499,900
Property Features
Site: Open; Rolling/Sloping; Wooded
Location: Rural
Roads: Paved; Public
Transportation: Deep Water Access
Water Body Type: Ocean
Recreational Water: Nearby
View: Scenic; Trees/Woods
Style: Other; Raised Ranch
Construction: Wood Frame
Other Structures: Outbuilding
Basement: Finished; Walk-Out Access
Basement Entry: Exterior Only; Interior
Foundation Materials: Poured Concrete
Exterior: Vinyl Siding
Roof: Composition; Fiberglass; Shingle
Heat System: Baseboard; Hot Water; Other Heat System; Wood Stove
Heat Fuel: Oil; Wood
Water Heater: Oil
Cooling: Wall Unit(s)
Floors: Laminate; Other; Vinyl; Wood
Window Features: Double Pane Windows
Amenities: In-Law Apartment; Security System
Driveway: Paved
Parking: 1 - 4 Spaces
Vehicle Storage: 3 Car; Direct Entry to Living
Electric: Circuit Breakers; Generator Hookup
Gas: Bottled; No Gas
Sewer: Private Sewer; Septic Tank
Water: Private; Well
Documents
Listing Office: Keller Williams Realty
Last Updated: October - 15 - 2025

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.