117 Perkins Cove Road, Ogunquit, ME 03907 (MLS# 1638334)

117 Perkins Cove Road, Ogunquit, ME 03907

$3,299,000
Property Type: Multi-Family Baths: 2 Square Footage: 1,368 Lot Size (sq. ft.): 2,614 Status: Active
Current Price: $3,299,000 List Date: 9/19/2025 Last Modified: 11/24/2025

Description

Experience coastal luxury in this remarkable multi-family property featuring two completely renovated vacation rental units, each offering exceptional ocean views and modern amenities. This cottage underwent complete reconstruction in 2025, creating a successful investment opportunity in the heart of Perkins Cove. Both units boast two bedrooms and one bathroom with stunning 200+ sf decks with bold ocean panoramas that stretch to the horizon. Both units include in-unit laundry facilities and showcase quality construction throughout. The custom kitchens enjoy crisp, clean lines with Quartz countertops and upbeat blue custom cabinetry. The property sits on coveted waterfront land with 20 feet of owned water frontage, allowing guests to launch kayaks directly from the shoreline or simply dip toes in the ocean during the evening stroll. This unique feature transforms every stay into an adventure, whether exploring the rocky coastline or paddling through calm morning waters. Located in the charming Perkins Cove neighborhood, guests enjoy immediate access to local pottery shops, galleries, and coastal dining. No need to worry about parking. This property enjoys the convenience of a 2 car garage plus room for 3 more vehicles in the private parking area. The rental income potential proves exceptional, with projections of $200,000 gross revenue in its first year of operation. It is important to note that this property was ready for guests in June thus leaving immense rental potential for full year operation. This turnkey investment combines the appeal of oceanfront living with proven financial performance. Whether you choose to rent both or keep one for yourself and rent the other, this property is a winner. Quality construction meets coastal charm in this professionally managed rental property, offering investors both immediate income and long-term appreciation potential in one of Maine's most desirable coastal communities.

Supplements: ********

More Information MLS# 1638334

Location Information

Street #: 117 Street Name: Perkins Cove Street Type: Road County: York Town: Ogunquit State/Province: ME Zip Code: 03907 Leased Land: No Book: 19423 Page: 898 Map: 3 Lot: 75 Zoning: SG2 Zoning Overlay: Yes Association: No Full Tax Amount $: 9363 Tax Year: 2024 Tree Growth Y/N: No Geo Lat: 43.236589 Geo Lon: -70.589426

Contract Information

Status: Active Original List Price: 3299000 List Price: $3,299,000 Current Price: $3,299,000

Property Information

Surveyed: Yes Seasonal: No Deed/Conveyance Type Offered: Warranty Bank Owned REO: No 2 Detached Houses on 1 Lot: No Number of Units: 2 Total Baths: 2 Total Full Baths: 2 Year Built: 1929 SqFt Finished Above Grade: 1368 SqFt Finished Total: 1368 SqFt Source: Public Records Garage: Yes Garage Spaces: 2 Lot Size Acres +/-: 0.06 Source of Acreage: Public Records

Water Info

Water Frontage: Yes Waterfront Amount: 20 Water Frontage Owned: 20 Water View: Yes Water Body Name: Atlantic Ocean

Building Info

# Stories: 3 # Heating Units: 6 # Water Heaters: 2

Units

# of 2 BD Units: 2

Unit 1

Lease: No Level: First Security Deposit: No Monthly Rent: 15000 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Unit 2

Lease: No Level: Second Security Deposit: No Monthly Rent: 15000 # Full Baths: 1 # of Rooms: 3 # of Bedrooms: 2 Dedicated Electric Meter: Yes Dedicated Gas Meter: No Dedicated Water Heater: Yes Electric: Yes Heat: Yes Range: Yes Refrigerator: Yes Sewer: Yes Water: Yes

Vehicle Storage

Attached: 1

Property Features

Site: Level; Open; Sidewalks Location: Intown; Near Country Club; Near Golf Course; Near Public Beach; Near Shopping; Neighborhood Roads: Paved; Public Source of Water Frontage: Public Records Water Body Type: Ocean Recreational Water: Oceanfront View: Scenic Style: Contemporary; Cottage Construction: Wood Frame Basement: None Basement Entry: Not Applicable Foundation Materials: Pillar/Post/Pier; Poured Concrete Exterior: Clapboard Roof: Shingle Heat System: Heat Pump Water Heater: Electric Cooling: Heat Pump Floors: Luxury Vinyl; Tile Amenities: Laundry - Hookup; Other Amenities; Shower; Storage Patio and Porch Features: Deck Equipment: Internet Access Available Driveway: Other; Paved Parking: 5 - 10 Spaces; On Site Vehicle Storage: 2 Car; Auto Door Opener Restrictions: No Restrictions Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public
Listing Office: The Aland Realty Group, LLC
Last Updated: November - 24 - 2025
117 Perkins Cove Road, Ogunquit, ME 03907- MLS# 1638334
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