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
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 front roof (completed in 2018), and sunrooms added to seven cottages. Six cottages have undergone major renovations, demonstrating the care and investment of over $700k in improvements since 2018.
A 3-bedroom, 1.5-bathroom manager's house is ideal for personal use or staff housing, adding convenience for the owners. Under inspired ownership, Eden Village has seen consistent growth and offers a solid income-producing opportunity. The stunning Maine landscape provides tremendous potential for expansion, such as adding a glamping-style camping resort, subject to local and state zoning laws.
For those looking to own and operate a successful business, Eden Village offers a unique opportunity with a proven track record. Embrace this chance to be part of Bar Harbor's vibrant tourism industry. Schedule a showing today and embark on a rewarding journey as the proud new owner of this remarkable property.
Supplements: ********
More Information MLS# 1593516
Location Information
Book: 6878
Leased Land: No
Page: 266
Map: 206
Lot: 054
Zoning Overlay: Yes
Association Y/N: No
Street #: 986
Street Name: State Highway 3
County: Hancock
Town: Bar Harbor
State/Province: ME
Zip Code: 04609
Zoning: Commercial
Full Tax Amount $: 13324.67
Tax Year: 2023
Geo Lat: 44.430342
Geo Lon: -68.321408
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
Lot Size Acres +/-: 22.06
Road Frontage +/-: 450
Year Built: 1950
SqFt Finished Total: 8782
Location
Near Airport: 1
Waterfront: 1
Water Info
Water Frontage: Yes
Property Uses
Commercial: 1
Hotel/Motel: 1
Water Body Type
Pond: 1
Recreational Water
Nearby: 1
Construction
Wood Frame: 1
Exterior
Vinyl Siding: 1
Wood Siding: 1
Roof
Metal: 1
Shingle: 1
Heat System
Forced Air: 1
Heat Pump: 1
Heat Fuel
Electric: 1
Gas Bottled: 1
Oil: 1
Propane: 1
Cooling
Heat Pump: 1
Building Features
Internet Access Available: 1
Parking
21+ Spaces: 1
On Site: 1
Electric
Circuit Breakers: 1
Sewer
Private Sewer: 1
Septic Tank: 1
Water
Private: 1
Public: 1
Well: 1
Sold Info
Appraiser Email Address: jim.berry@nmrk.com
Contract Information
Status: Closed
Original List Price: 3750000
Sold Price: $3,200,000
Current Price: $3,200,000
Status Change Info
Pending Date: 2024-12-16
Closed Date: 2025-03-07
Closed Price: 3200000
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
Deed Public Access ›
Listing Office:
Real Broker
IDX
Last Updated: August - 11 - 2025
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