245 Arundel

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Property Description:

A GOOD INVESTMENT FOR THE ENTERPRISING PERSON! Explore this exceptional property, which includes a meticulously restored 1905 barn converted into a magnificent event center and residence. The first level serves as a wonderful venue for hosting special events or corporate gatherings, accommodating up to 150 guests. It features a bar, a commercial kitchen, and a bathroom. Outside, there’s a seating area and bar for entertaining, along with a charming gazebo perfect for outdoor weddings. Prospective buyers must conduct thorough due diligence to obtain planning board approvals, as the property is zoned for agricultural, commercial, and recreational use. Any other commercial uses would require approval from the planning board.

The living space, located above the event area, comprises three floors, including 5 bedrooms, 2 baths, a movie theater, and a game room. The luxurious primary bedroom suite with adjacent sitting room includes a full bath, a relaxing hot tub, and a convenient laundry area. The upper level features an additional bedroom, laundry hook-up, and flexible extra space.

Additionally, the property features a 4,000-square foot free-span garage, providing ample vehicle and storage space. The garage space is equipped with a concrete slab and wired with commercial-grade materials. There’s also a 12×18 studio with heating and power, along with a 20×40 barn currently used for garden equipment and tractor storage, but with potential for conversion back into horse stalls. The expansive fields and picturesque pond further enhance the allure of this property.

The septic system was designed for a 3-bedroom single-family dwelling; however, buyers must engage with the planning board for increased usage.

Don’t miss out on this extraordinary opportunity to own a property that offers a unique blend of historic charm and modern luxury with endless possibilities for both personal and commercial use.

Price:
$1,995,000
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Address: 245 Arundel RoadCity: Kennebunkport
State: MEBuilding Area Total: 10491

Home Features

Basement: NoneConstruction Materials: Wood Siding, Wood Frame
Cooling: NoneFlooring: Wood, Tile, Laminate, Carpet
Foundation Details: SlabHeating: Stove, Radiant, Geothermal, Direct Vent Heater, Baseboard
Interior Features: StorageLot Size Square Feet: 304920
Parking Features: 21+ Spaces, On SiteRoof: Metal
Sewer: Private SewerWater Source: Private
Year Built: 1905List Office Name: Town Square Realty Group

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Listing data is derived in whole or in part from the Maine IDX and 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.