8 Beals Cove RoadHarpswell, ME 04066Price: $1,150,000

Waterfront living, income-producing potential, and exceptional versatility come together at this unique Orr's Island property. Set on a private, expansive parcel with tidal waterfrontage, this well-maintained multi-unit property offers a rare opportunity to enjoy the benefits of coastal Maine while also generating rental income and utilizing substantial additional commercial-style space. The property features refreshed residential units, including a desirable two-bedroom first-floor unit that offers an especially appealing opportunity for an owner occupant. Step directly from the unit onto a large private deck overlooking the spacious yard, creating an ideal setting for morning coffee, entertaining, or simply enjoying the peace and privacy of the property. The generous acreage, expansive yard, paved parking, and secluded setting provide a level of space and flexibility that is increasingly difficult to find on the islands. Adding even more value is the large detached heated shop/garage, equipped with large bay doors and substantial interior space. Whether used for equipment, vehicles, storage, a workshop, business operations, or additional income generation, this building provides an exceptional amount of flexibility. The space is currently utilized by a local landscaping business, providing an additional source of rental income. Beyond the buildings, the property's waterfront setting and private location provide a distinctly coastal Maine lifestyle, while its proximity to the amenities and attractions of Orr's Island and the surrounding Harpswell islands keeps you connected to everything the area has to offer. Whether you're looking to live on-site while offsetting expenses with rental income, expand an existing investment portfolio, operate a business from the property, or take advantage of the property's multiple income-producing components, this is an opportunity that offers an uncommon combination of residential, commercial, and recreational potential.