295 Island Avenue, Long Island, ME 04050
$1,207,500
Property Type:
Land
Lot Size (sq. ft.):
490,921
Status:
Closed
Current Price:
$1,207,500
List Date:
1/22/2021
Last Modified:
1/06/2025
Description
One-of-a-kind opportunity in the heart of Casco Bay to own 5.36 acres of land with structures and 5.91 acres of SUBMERGED LAND. Boasting breathtaking daytime views and stunning sunsets, this property is comprised of three contiguous tax lots on the west end of Long Island. The waterfront lot features approximately 2.35 acres with 750' shore frontage, a 110' wharf on pilings, and a 435' stone breakwater. Set on 3.01 acres, the upland lot offers sweeping views of Casco Bay with an 11,000 SF, 2 story building formerly used as navy barracks . The submerged land lot, known as 'the small boat pool' by the Navy, is approximately 5.91 acres between the breakwater and the shoreline and provides ample opportunity to further develop the existing wharf as well as potential uses for a marina, aquaculture site or other development. Just minutes from the public ferry and water taxi dock, this spectacular property is graced with the beauty and serenity of island life while being a short boat ride from the lively Portland waterfront.
Supplements: ********
More Information MLS# 1480441
Location Information
Book: 8733
Page: 229
Map: 97a2
Lot: 301,501,538
Zoning Overlay: Unknown
Association: No
Street #: 295
Street Name: Island
Street Type: Avenue
County: Cumberland
Town: Long Island
State/Province: ME
Zip Code: 04050
Zip +4: 3401
Zoning: IB-1
Full Tax Amount $: 7137
Tax Year: 2019
Geo Lat: 43.68916
Geo Lon: -70.166554
Contract Information
List Price/Acre: 185891.75
Status: Closed
Original List Price: 2095000
Sold Price: $1,207,500
Current Price: $1,207,500
Property Information
Surveyed: Yes
Seasonal: No
Mobile Homes Allowed: Unknown
Lot Size Acres +/-: 11.27
Road Frontage: No
Source of Acreage: Public Records
Site
Corner Lot: 1
Open: 1
Rolling/Sloping: 1
Well Landscaped: 1
Location
Abuts Conservation: 1
Neighborhood: 1
Roads
Other Road: 1
Water Info
Water Frontage: Yes
Waterfront Amount: 750
Water Frontage Owned: 750
Water Frontage Shared: 0
Water View: Yes
Water Body Name: Atlantic Ocean
Island: Yes
Source of Water Frontage
Deed: 1
Water Body Type
Ocean: 1
Recreational Water
Beach Rights: 1
Deeded: 1
Oceanfront: 1
Electric
On Site: 1
Utilities
Utilities On: No
Gas
Other Gas: 1
Sewer
None: 1
Unknown: 1
Water
None: 1
Well Needed on Site: 1
Driveway
Other: 1
Status Change Info
Pending Date: 2021-05-06
Closed Date: 2021-06-11
Closed Price: 1207500
Property Features
Site: Corner Lot; Open; Rolling/Sloping; Well Landscaped
Location: Abuts Conservation; Neighborhood
Roads: Other Road
Source of Water Frontage: Deed
Water Body Type: Ocean
Recreational Water: Beach Rights; Deeded; Oceanfront
Driveway: Other
Electric: On Site
Gas: Other Gas
Sewer: None; Unknown
Water: None; Well Needed on Site
Documents
Listing Office:
RE/MAX By The Bay
IDX
Last Updated: January - 06 - 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.

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