4 Pine Meadow Drive, Hancock, ME 04640
$349,000
Property Type:
Multi-Family
Baths:
3
Square Footage:
2,200
Lot Size (sq. ft.):
65,340
Status:
Active
Current Price:
$349,000
List Date:
8/01/2025
Last Modified:
10/31/2025
Description
Opportunity awaits with this unique property featuring two homes on a generous lot, just minutes from Kilkenny Cove Preserve and abutting conservation land—perfect for nature lovers. Conveniently located close to Ellsworth and within easy reach of Bar Harbor and Acadia National Park. Both homes are situated on slabs and share a private well. The first home offers 3 bedrooms and 1 bath, while the second features 2 bedrooms and 1 bath. Each is equipped with propane-fueled cook stoves, hot water, and heating. The property has a solid rental history, though current rents are below market—offering immediate upside for investors. With some updates and vision, there's excellent potential for Airbnb or seasonal vacation rentals. The full potential of this property has yet to be realized. Room count in description includes both houses.
Supplements: ********
More Information MLS# 1632731
Location Information
Book: 3845
Leased Land: No
Page: 61
Map: 214
Lot: 019
Zoning Overlay: Unknown
Association: No
Tree Growth Y/N: No
Street #: 4
Street Name: Pine Meadow
Street Type: Drive
County: Hancock
Town: Hancock
State/Province: ME
Zip Code: 04640
Zoning: RES
Full Tax Amount $: 2892
Tax Year: 2024
Geo Lat: 44.532554
Geo Lon: -68.292068
Property Information
Surveyed: Yes
Seasonal: No
Owner Occupied: No
Number of Units: 2
Deed/Conveyance Type Offered: Warranty
Deed: Partial
Deed Restrictions: Unknown
Bank Owned REO: No
2 Detached Houses on 1 Lot: Yes
Lot Size Acres +/-: 1.5
Total Baths: 3
Total Half Baths: 1
Color: white and blue
SqFt Finished Above Grade: 2200
SqFt Finished Below Grade: 0
SqFt Source: Public Records
Furniture: Unfurnished
Garage: No
Total Full Baths: 2
Year Built: 1992
SqFt Finished Total: 2200
Source of Acreage: Public Records
Site
Level: 1
Other Site: 1
Wooded: 1
Location
Abuts Conservation: 1
Other Location: 1
Rural: 1
Roads
Dead End: 1
Water Info
Water Frontage: No
Water View: No
Recreational Water
Nearby: 1
Oceanfront: 1
Style
Ranch: 1
Construction
Wood Frame: 1
Basement
Slab: 1
Foundation Materials
Slab: 1
Exterior
Wood Siding: 1
Roof
Shingle: 1
Heat System
Baseboard: 1
Hot Water: 1
Building Info
# Stories: 1
# Floors: 1
Heat Fuel
Oil: 1
Income & Expenses
Gross Income: 30000
Operating Expenses: 8500
Cooling
None: 1
Floors
Carpet: 1
Vinyl: 1
Wood: 1
Units
# of 2 BD Units: 1
# of 3 BD Units: 1
Parking
1 - 4 Spaces: 1
5 - 10 Spaces: 1
On Site: 1
Unit 1
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1500
# Full Baths: 1
# of Half Baths: 1
# of Rooms: 5
# of Bedrooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric
Circuit Breakers: 1
Unit 2
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1000
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Gas
Bottled: 1
Sewer
Private Sewer: 1
Septic Tank: 1
Water
Private: 1
Well: 1
Driveway
Gravel: 1
Basement Entry
Not Applicable: 1
Water Heater
Electric: 1
Amenities
1st Floor Bedroom: 1
Laundry - 1st Floor: 1
Vehicle Storage
No Vehicle Storage: 1
Contract Information
Status: Active
Original List Price: 360000
List Price: $349,000
Current Price: $349,000
Property Features
Site: Level; Other Site; Wooded
Location: Abuts Conservation; Other Location; Rural
Roads: Dead End
Recreational Water: Nearby; Oceanfront
Style: Ranch
Construction: Wood Frame
Basement: Slab
Basement Entry: Not Applicable
Foundation Materials: Slab
Exterior: Wood Siding
Roof: Shingle
Heat System: Baseboard; Hot Water
Heat Fuel: Oil
Water Heater: Electric
Cooling: None
Floors: Carpet; Vinyl; Wood
Amenities: 1st Floor Bedroom; Laundry - 1st Floor
Driveway: Gravel
Parking: 1 - 4 Spaces; 5 - 10 Spaces; On Site
Vehicle Storage: No Vehicle Storage
Electric: Circuit Breakers
Gas: Bottled
Sewer: Private Sewer; Septic Tank
Water: Private; Well
Documents
Listing Office:
NextHome Experience
IDX
Last Updated: October - 31 - 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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