117 Perkins Cove Road, Ogunquit, ME 03907

$3,299,000
Property Type: Multi-Family Baths: 2 Square Footage: 1,368 Lot Size (sq. ft.): 2,614 Status: Active
Current Price: $3,299,000 List Date: 9/19/2025 Last Modified: 11/24/2025

Description

Experience coastal luxury in this remarkable multi-family property featuring two completely renovated vacation rental units, each offering exceptional ocean views and modern amenities. This cottage underwent complete reconstruction in 2025, creating a successful investment opportunity in the heart of Perkins Cove. Both units boast two bedrooms and one bathroom with stunning 200+ sf decks with bold ocean panoramas that stretch to the horizon. Both units include in-unit laundry facilities and showcase quality construction throughout. The custom kitchens enjoy crisp, clean lines with Quartz countertops and upbeat blue custom cabinetry. The property sits on coveted waterfront land with 20 feet of owned water frontage, allowing guests to launch kayaks directly from the shoreline or simply dip toes in the ocean during the evening stroll. This unique feature transforms every stay into an adventure, whether exploring the rocky coastline or paddling through calm morning waters. Located in the charming Perkins Cove neighborhood, guests enjoy immediate access to local pottery shops, galleries, and coastal dining. No need to worry about parking. This property enjoys the convenience of a 2 car garage plus room for 3 more vehicles in the private parking area. The rental income potential proves exceptional, with projections of $200,000 gross revenue in its first year of operation. It is important to note that this property was ready for guests in June thus leaving immense rental potential for full year operation. This turnkey investment combines the appeal of oceanfront living with proven financial performance. Whether you choose to rent both or keep one for yourself and rent the other, this property is a winner. Quality construction meets coastal charm in this professionally managed rental property, offering investors both immediate income and long-term appreciation potential in one of Maine's most desirable coastal communities.

Supplements: ********

More Information MLS# 1638334

Location Information

Book: 19423 Leased Land: No Page: 898 Map: 3 Lot: 75 Zoning Overlay: Yes Association: No Tree Growth Y/N: No Street #: 117 Street Name: Perkins Cove Street Type: Road County: York Town: Ogunquit State/Province: ME Zip Code: 03907 Zoning: SG2 Full Tax Amount $: 9363 Tax Year: 2024 Geo Lat: 43.236589 Geo Lon: -70.589426

Property Information

Surveyed: Yes Seasonal: No Number of Units: 2 Deed/Conveyance Type Offered: Warranty Bank Owned REO: No 2 Detached Houses on 1 Lot: No Lot Size Acres +/-: 0.06 Total Baths: 2 Total Half Baths: 0 SqFt Finished Above Grade: 1368 SqFt Finished Below Grade: 0 SqFt Source: Public Records Garage: Yes Garage Spaces: 2 Total Full Baths: 2 Year Built: 1929 SqFt Finished Total: 1368 Source of Acreage: Public Records

Site

Level: 1 Open: 1 Sidewalks: 1

Location

Intown: 1 Near Country Club: 1 Near Golf Course: 1 Near Public Beach: 1 Near Shopping: 1 Neighborhood: 1

Roads

Paved: 1 Public: 1

Water Info

Water Frontage: Yes Waterfront Amount: 20 Water Frontage Owned: 20 Water Frontage Shared: 0 Water View: Yes Water Body Name: Atlantic Ocean

Source of Water Frontage

Public Records: 1

Water Body Type

Ocean: 1

Recreational Water

Oceanfront: 1

Style

Contemporary: 1 Cottage: 1

Construction

Wood Frame: 1

Basement

None: 1

View

Scenic: 1

Foundation Materials

Pillar/Post/Pier: 1 Poured Concrete: 1

Exterior

Clapboard: 1

Roof

Shingle: 1

Heat System

Heat Pump: 1

Building Info

# Stories: 3 # Heating Units: 6 # Water Heaters: 2

Heat Fuel

Electric: 1

Income & Expenses

Gross Income: 200000 Operating Expenses: 5000

Cooling

Heat Pump: 1

Floors

Luxury Vinyl: 1 Tile: 1

Units

# of 2 BD Units: 2

Parking

5 - 10 Spaces: 1 On Site: 1

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 15000 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Electric

Circuit Breakers: 1

Unit 2

Lease: No Level: Second Security Deposit: No Monthly Rent: 15000 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Gas

No Gas: 1

Sewer

Public Sewer: 1

Water

Public: 1

Driveway

Other: 1 Paved: 1

Restrictions

No Restrictions: 1

Basement Entry

Not Applicable: 1

Water Heater

Electric: 1

Amenities

Laundry - Hookup: 1 Other Amenities: 1 Shower: 1 Storage: 1

Patio and Porch Features

Deck: 1

Equipment

Internet Access Available: 1

Vehicle Storage

2 Car: 1 Auto Door Opener: 1 Attached: 1

Contract Information

Status: Active Original List Price: 3299000 List Price: $3,299,000 Current Price: $3,299,000

Property Features

Site: Level; Open; Sidewalks Location: Intown; Near Country Club; Near Golf Course; Near Public Beach; Near Shopping; Neighborhood Roads: Paved; Public Source of Water Frontage: Public Records Water Body Type: Ocean Recreational Water: Oceanfront View: Scenic Style: Contemporary; Cottage Construction: Wood Frame Basement: None Basement Entry: Not Applicable Foundation Materials: Pillar/Post/Pier; Poured Concrete Exterior: Clapboard Roof: Shingle Heat System: Heat Pump Water Heater: Electric Cooling: Heat Pump Floors: Luxury Vinyl; Tile Amenities: Laundry - Hookup; Other Amenities; Shower; Storage Patio and Porch Features: Deck Equipment: Internet Access Available Driveway: Other; Paved Parking: 5 - 10 Spaces; On Site Vehicle Storage: 2 Car; Auto Door Opener Restrictions: No Restrictions Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public
Listing Office: The Aland Realty Group, LLC
IDX
Last Updated: November - 24 - 2025
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