986 State Highway 3, Bar Harbor, ME 04609

$3,200,000
Property Type: Commercial Square Footage: 8,782 Lot Size (sq. ft.): 960,934 Status: Closed
Current Price: $3,200,000 List Date: 6/15/2024 Last Modified: 8/11/2025

Overview

Description

Eden Village Motel and Cottages is a thriving lodging business ideally located along the main throughway to Bar Harbor, near Acadia National Park, which sees 3-4 million seasonal visitors. This 22+ acre property features 21 units, offering a profitable opportunity for those interested in hospitality. The front 4 acres house all the building structures, with Eden Village boasting unique spacing between units. The property includes 11 unique private cottages and a 10-room motel strip, accommodating up to 89 guests across 47 beds. With nearly 90 years of history, Eden Village combines Downeast Maine's artistic charm with modern amenities. Guests love its peaceful setting just 7 miles out of town. Over seven seasons, the current local owners have significantly improved the units, and they are willing to assist new owners in maintaining profitability and operational excellence. Significant renovations include eight of the ten motel rooms, new roofs on nine cottages and the motel's fro ...

Listing Details MLS# 1593516

Location Information

Street #
986
Street Name
State Highway 3
County
Hancock
Town
Bar Harbor
State/Province
ME
Zip Code
04609
Leased Land
No
Book
6878
Page
266
Map
206
Lot
054
Zoning
Commercial
Zoning Overlay
Yes
Full Tax Amount $
13324.67
Tax Year
2023
Association Y/N
No

Contract Information

Original List Price
3750000

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
1950
SqFt Finished Total
8782
Lot Size Acres +/-
22.06
Road Frontage +/-
450

Status Change Info

Pending Date
2024-12-16
Closed Date
2025-03-07
Closed Price
3200000

Water Info

Waterfront
Yes

Sold Info

Appraiser Email Address
jim.berry@nmrk.com

More Information

Property Features

Location: Near Airport; Waterfront Water Body Type: Pond Recreational Water: Nearby Construction: Wood Frame Property Uses: Commercial; Hotel/Motel Exterior: Vinyl Siding; Wood Siding Roof: Metal; Shingle Heat System: Forced Air; Heat Pump Heat Fuel: Gas Bottled; Oil; Propane Cooling: Heat Pump Building Features: Internet Access Available Parking: 21+ Spaces; On Site Electric: Circuit Breakers Sewer: Private Sewer; Septic Tank Water: Private; Public; Well
IDX
Listing Office: Real Broker
Selling Office: Better Homes & Gardens Real Estate/The Masiello Group
Last Updated: August - 11 - 2025
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