8 Railroad AvenueKennebunk, ME 04043Price: $1,200,000

  • Price: $1,200,000
  • Est. Mortgage of $/month
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$
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Federal 30-year interest rate: 5.3% last updated on May 12, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,200,000List Price
  • 2Bathrooms
  • 0.11Acreage
  • 1,554Square Feet
Opportunity abounds in this exquisite cottage compound with TWO 3 bedroom units located just steps away from the white sands of Kennebunk's Mother's Beach and a quick trip to the charming downtown. Currently utilized as short-term rentals with substantial annual cash flow, these cottages can be rented, or occupied separately.Both cottages are thoughtfully and beautifully curated with fine furniture, lighting, cabinetry, counters, appliances and artwork.The attention to detail is reminiscent of yacht design as everything has a place and the overall impression is of a subtle, high-end, nautical feel.The cottage in front 'Fairview' opens onto a lovely living space with an adjoining eat -in kitchen with open shelving. Along the hallway is a discreetly held full size washer and dryer, leading to a barn doorway to the bathroom. The side bedroom holds a queen size bed, while the second bedroom holds a set of bunk beds and the primary bedroom contains a king size bed.All rooms have premium mattresses on the beds and a restful blue and white color scheme.Around the side of the building is the entrance to Seabreeze, which is just as sunny and has a private yard and deck space.The entry to Seabreeze brings you right into the kitchen with an eat-in dining table.To the left is a gorgeous living room, following the same nautical color scheme.Down the hall is a room outfitted with a twin trundle bed, perfect for young guests who might tumble out of a bunk bed, and also a stackable washer and dryer. The spacious bathroom holds a glass door shower, and more room than most cottages.The second bedroom features a queen size bed, while the primary bedroom features a king size bed and even has space for a reading chair. Outside the property in the backyard there is a picnic table and an array of Adirondack chairs dots the property for taking in the glorious summer days.This property is very popular as a rental with many returning guests and raving online reviews. Financials available
Listed by Keller Williams Realty

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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

Manuela Kutzer participates in ©2022 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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