Ogunquit
$3,499,000
115 Perkins Cove Road
mls: 1674711
Bedrooms: 3
Bathrooms: 5
Year Built: 2009
Sq Footage: 2,952
Lot Size: 0.07
Taxes: $11,717
Status: Active

115 Perkins Cove is a versatile four-unit mixed-use waterfront property. It includes a three-bedroom, 2.5 bath penthouse spanning the upper two levels, a ground-level oceanfront studio, and two street-level commercial units.

Listed by: Compass Real Estate

115 Perkins Cove is a versatile four-unit mixed-use waterfront property. It includes a three-bedroom, 2.5 bath penthouse spanning the upper two levels, a ground-level oceanfront studio, and two street-level commercial units. The Penthouse is entered on the lower of its two levels, which includes a primary suite with a fireplace, full bathroom and ocean views. A second bedroom, another full bathroom and a third bedroom currently configured as a living room complete this level. Upstairs, the kitchen, dining area, fireside sitting area and sprawling water views come together in an open-concept layout. This level provides dual outdoor spaces: a deck facing the ocean and a larger deck overlooking Perkins Cove, suitable for outdoor dining and entertaining. The studio has its own entrance, deck, and fireplace, allowing it to serve as private guest accommodations or separate rental. The two commercial spaces, which are currently leased, provide a predictable and additional source of income. While not historically operated as full-time rentals, the penthouse and studio have seller-projected annual gross ST revenue of 250k - 310k. Projections are provided for informational purposes only and should be independently evaluated. Located in the heart of Perkins Cove, the property is surrounded by galleries, restaurants, shops, boat excursions and the Marginal Way, with Ogunquit's beach, village center and the Playhouse nearby. The property may be purchased separately, or together with one or both neighboring properties at 113 and 117 Perkins Cove Road. An owner could continue using the residential and commercial spaces to generate income or occupy the main residence while renting the studio and two commercial spaces. The property also offers potential for a different configuration or use over time, subject to applicable approvals. Rental history & projections available upon request.

Listed by: Compass Real Estate

Above Grade Finished Area
2556.00
Accessibility Features
Appliances
Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
Architectural Style
Other
Basement
Exterior Entry, Finished, Partial
Bathrooms Full
3
Bathrooms Half
2
Bathrooms Total Integer
5
Bedrooms Total
3
Below Grade Finished Area
396.00
Body Type
Building Area Total
2952.00
Construction Materials
Wood Frame, Wood Siding
Cooling
Central Air, Heat Pump, Window Unit(s)
Cooling Yes/No
1
Electric
Circuit Breakers
Exterior Features
Fireplaces Total
3
Flooring
Other, Tile, Wood
Foundation Details
Garage Spaces
0.00
Green Energy Efficient
Heating
Propane, Forced Air, Heat Pump
Heating Yes/No
1
Interior Features
1st Floor Primary Bedroom w/Bath
Laundry Features
Upper Level
Lot Features
Intown, Near Public Beach, Near Shopping, Open Lot
Lot Size Acres
0.0700
Other Equipment
Other Structures
Parking Features
Gravel, On Site
Patio And Porch Features
Deck
Pets Allowed
Property Condition
Roof
Shingle
Rooms Total
7
Sewer
Public Sewer
Tax Annual Amount
11717.00
Utilities
Water Body Name
Atlantic Ocean
Water Source
Public
Waterfront Features
Oceanfront
Waterfront Yes/No
1
Year Built
2009
Zoning
SG2