Hollis, Maine - June 28, 2023 - Renowned realtor Andy Yau is pleased to announce the listing of a truly remarkable property located at 211 Waterboro Road in Hollis, Maine for $739,900. This extraordinary property spans over 18 acres of land and presents an exceptional opportunity for subdivision into six separate lots. With an impressive 1443 feet of street frontage and 2160 feet of water brook frontage, this property is a rare find in the region.
In an increasingly competitive real estate market, this subdivision offers investors the potential to unlock significant value through the sum of its parts. The tight inventory and higher interest rates have made it extremely challenging for buyers, and the scarcity of available properties is expected to persist in the coming years. The number of homes available for sale is almost a third lower than the year before with home prices in Maine still appreciating at over a 6% rate.
The property has previously served as a successful short-term rental investment, boasting multiple on-site campsites that the new owner can leverage. The expansive lot is teeming with wildlife, offering consistent sightings of deer and wild turkey. Nearby, the brook presents a paradise for fishing enthusiasts, with an abundance of trout, bass, perch, and more.
The main house on the property exudes character and charm, offering 1830 square feet of living space and four spacious bedrooms. It boasts beautiful hardwood floors, a brick fireplace, and a nice expansive sunporch.
Situated in an enviable location, the property is just 7 miles from Lake Arrowhead, 4 miles from Ossipee Pond, and a mere 24 miles from Portland. Residents can enjoy a host of summer activities, including fishing, canoeing, and boating, all within close proximity.
"The listing of 211 Waterboro Road presents a truly exceptional opportunity for buyers and investors," says Andy Yau, the esteemed realtor. "With its vast land size, potential for subdivision, and captivating features, this property is poised to deliver immense value and an unparalleled lifestyle to its future owners."
For more information and to schedule a viewing of this exceptional property, please contact Andy Yau at 603.969.6216 or visit the website at 211waterboro.com
Media Contact
Company Name: RE/MAX Shoreline
Contact Person: Andy Yau
Email:Send Email
Country: United States
Website: www.andycyau.com
