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8 Railroad Avenue, Kennebunk, ME 04043

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For Sale

$1,450,000

6 beds • 2 baths • 1,554 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $933.08
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Are you in search of a versatile family compound that doubles as an investment property? Discover these exceptional attached cottages featuring TWO three-bedroom units, just steps from the pristine white sands of Kennebunk's Mother's Beach. Currently generating substantial annual cash flow as short-term rentals, these cottages offer the flexibility to be rented out or occupied separately. Both cottages are thoughtfully and elegantly designed, showcasing fine furniture, lighting, cabinetry, counters, appliances, and artwork. The meticulous attention to detail evokes yacht design, with every item perfectly placed, creating a subtle, high-end nautical ambiance. The front cottage, 'Fairview,' opens into a charming living space that connects to an eat-in kitchen with open shelving. A discreet hallway houses a full-size washer and dryer, leading to a barn door that opens to the bathroom. The side bedroom features a queen-size bed, the second bedroom is equipped with bunk beds, and the primary bedroom offers a king-size bed, all with premium mattresses and a soothing blue and white color scheme. Around the side, you'll find the entrance to 'Seabreeze,' which boasts a private yard and deck space. The entryway leads directly into a kitchen with an eat-in dining table. To the left, a gorgeous living room continues the nautical theme. The hallway reveals a room with a twin trundle bed, ideal for young guests, and a stackable washer and dryer. The spacious bathroom includes a glass door shower, offering more space than typical cottages. The second bedroom has a queen-size bed, while the primary bedroom features a king-size bed and space for a reading chair. The backyard is perfect for outdoor enjoyment, with a picnic table and an array of Adirondack chairs scattered across the property for soaking in the glorious summer days. This property is highly popular as a rental, boasting numerous returning guests and glowing online reviews. Financials available upon request.
MLS# 1598799

Courtesy Of Keller Williams Realty
Keller Williams Realty, Portland, ME 04102
(207) 879-9800

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Dock, Porch
  • Architecture Style
    Cottage
  • Cooling System
    Heat Pumps
  • Exterior Type
    Vinyl Siding
  • Heating System
    Baseboard, Heat Pump
  • Lot Size
    0.11 Acres
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 8 Railroad Avenue, Kennebunk, ME 04043

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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