38 Forest Hill

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Property Description:

LISTED ALSO AS COMMERCIAL MLS #1567197 Investors take note! This one-of-a kind property offers 3 buildings with over 9k of living space, 3 sheds and a thriving business to include an office building and communications tower, all on 4.85 acres of land abutting a saltwater marsh with fabulous views. This desirable location is situated just .08 of a mile to both Lower Village and Kennebunk Beach yet nestled in a secluded location away from the main road. The Main House boasts almost 6000 square feet of living space and has incredible privacy and views, 5 bedrooms and 3.5 baths. There is a huge amount of storage and other bonus rooms for many other uses, as well as an exercise room and sauna on the 1st level. There are two open decks facing the marsh that are situated so that you can almost use them year-round. Also, there is a huge workshop on the lower level. Unparalleled opportunities for an investor, hotel conglomerate to use for employee housing, or as a family compound with the added revenue of the communications business. KEY FEATURES: •Secluded location / Pristine marsh views on 4.85 acres /Over 9,000 square feet of heated space /Over 2500 square feet of storage space /Close proximity to Kennebunk beaches, lower village, and fine restaurants /Recurring revenue from established communication tower/ Seasonal rental possibilities /Employee housing possibilities /Rental income Come explore the possibilities! PROPERTY CAN BE SOLD FOR 2,900,000 WITHOUT THE TOWER AND OFFICE BUILDING

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Price:
$2,250,000
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Address: 35-38 Forest Hill LaneCity: Kennebunk
State: MEBaths: 8
Bathrooms Full: 6Building Area Total: 10883

Features

Basement: None, Interior Entry, Walk-Out AccessConstruction Materials: Wood Siding, Wood Frame
Cooling: Multi UnitsElectric: Circuit Breakers
Flooring: Tile, Vinyl, WoodFoundation Details: Other, Pillar/Post/Pier, Slab
Heating: Baseboard, Heat Pump, Zoned, Electric, Oil, PropaneInterior Features: 1st Floor Bedroom, Shower, Storage
Lot Size Square Feet: 211266Parking Features: 5 - 10 Spaces, Gravel, Other
Roof: ShingleSewer: Quasi-Public
Water Source: PublicWaterfront Features: Brook, Ocean
Year Built: 1975

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