UNDER CONTRACT, showings will continue

An Oceanfront Property Located on Camp Ellis Beach in Saco, Maine

The Peekytoe Cottage and Carriage House is a beachfront family retreat just five minutes south along the shore from famous Old Orchard Beach and its downtown attractions. It is situated near the quiet fishing village of Camp Ellis on Ferry Beach.
 
The cottage is a spacious beachfront house with six bedrooms and three baths. The additional detached Carriage House has two bedrooms, one bath and all provide a stunning view of the entire Saco Bay and its several small islands. At the Peekytoe Cottage, every effort has been made to provide convenience, comfort and atmosphere for a relaxing seaside family vacation.
 
The eight bedrooms are beautifully decorated and provide guests with a charming, casual, nautical cottage atmosphere. The large living/ dining room has a large flat screen color Roku streaming TV/ DVD player, free WiFi and game table.
 
The fully equipped kitchen contains coordinated china service for twenty-four, all pots, pans and cooking utensils. It has a four burner stove, Keurig, large oven, microwave, toaster, Breville toaster oven, coffee maker with filters, hand mixer, and dishwasher. The large pantry has a washer and dryer.
 
Beautiful Ferry Beach State Park is just a short walk down the beach. Enjoy Deep-sea fishing, whale watching, scooters, parasailing, jet skis and bicycle rentals. The shore fishing opportunity is tremendous at the Peekytoe Cottage and is an activity not to be missed.

This property is ideal for a buyer with a large family or buyer looking for a large vacation home. With the capability of sleeping 19, with 8 bedrooms, 4 baths, this makes a wonderful multi-family vacation home. Currently an investment with a strong rental history, a buyer could continue the rentals and enjoy a nice passive income that pays for the mortgage. Currently rented seasonally, Peekytoe Cottage could be rented year round. Maine winters are GORGEOUS and milder on the beach, snowfalls are magical! Grab your snowshoes and enjoy the view! The cottage conveys fully furnished.

Offered at $1,595,000

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Peekytoe Cottage at a Glance

Peekytoe Cottage’s Website

Additional Property Photos

    • 39 Lower Beach Rd. Saco, ME 04072
    • Lot size: 0.18 acres
    • Water frontage: 75 feet on Camp Ellis Beach, Saco Bay, Atlantic Ocean
    • Map 2, Lot 086
    • Zoning CE (Camp Ellis District), Shoreland overlay
    • Book 18399, Page 601-602, York County Registry of Deeds
    • 2023 -2024 Tax Bill: $15,093
    • Main house built in 1900 (reconstructed, put on a new foundation and moved in 2007 to its current location); Carriage House built circa 1900; much of the Carriage House was renovated more recently
    • Approx. 2,500 sf total
    • 8 bedrooms, 4 full baths, sleeps a total of 19 in 10 beds
    • Floors: beautiful hardwoods
    • Decks: 2nd and 3rd floors
    • Patio: ground level pavers
    • Utilities: propane, public water & sewer
    • Heat: direct vent and heat pump (fuel – propane and electric)
    • A/C: mini splits/heat pumps (2022)
    • Hot Water: propane on demand
    • Two sets of washers/dryers (one in each building)
    • Roofing: composition shingle (2022)
    • Exterior: vinyl siding
    • Asphalt parking for 4 cars with room to expand
    • Garage with one space (great for storage, kayaks, bikes, etc)
    • Outdoor shower (hot and cold)
    • Basement under Carriage House: full, unfinished
    • Foundation – Main House: Post/Pier
    • House is fully seasonal and suitable for year round use (currently only rented seasonally by choice)
 
EXTENSIVE LIST OF IMPROVEMENTS IS AVAILABLE
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Maine winters are GORGEOUS and milder on the beach, snowfalls are magical! Grab your snowshoes and enjoy the view!

For the young and young at heart, a wide variety of activities and places of interest are available within a brief walk or a short drive. Downtown Old Orchard Beach, just minutes away, has its famous pier and various entertainment facilities such as Palace Playland, Pirates’ Cove Mini Golf, many restaurants, as well as fun night clubs with dancing and entertainment.
There are seasonal Thursday night firework displays at the old Orchard pier. Downtown features a fireworks display Thursday nights in season on the beach near the Old Orchard Beach Pier.
 
The best golfing in Maine is available close by in Old Orchard Beach at the Dunegrass Golf and Country Club or at Biddeford & Saco Country Club. Funtown/Splashtown, the area’s biggest amusement park featuring the new super giant roller coaster and a mountain of gushing water and every imaginable way to cool off in the summer heat, is a 10 minute drive away. Great picnic facilities are featured in nearby Scarborough.
 
Biking and hiking trails along the multi state Eastern Trail, feature a showcase section through a multitude scenic areas. The nearby oceanfront state parks offer scenic ponds, picnic areas, nature walks, bicycle paths, and beach facilities. Discover the local fauna at the Scarborough Marsh Nature Center where you can rent a canoe and leisurely paddle your way through a maze of waterways in Maine’s largest saltwater marsh.
 
Ferry Beach State Park is a public recreation area occupying 117 acres on Saco Bay north of the mouth of the Saco River in Saco, Maine. The state park encompasses a sandy Atlantic Ocean beach, inland hiking trails, and nature center.

Location

Route 95 to  I-195 and Route 9, to Ocean Park Rd, to Temple Ave, to right on Route 9/Seaside Ave, to left on Lower Beach Road. Property  sits at the end on the right.
 
39 Lower Beach Road is located:
15 miles from Kennebunkport
20 miles from Portland
28 miles from Ogunquit
43 miles from Portsmouth
75 miles from Boothbay Harbor
100 miles from Boston
110 miles from Camden
190 miles from Bar Harbor

Lot 86 is in both X and VE zones. The buildings are in X, some of the land/private beach is in VE. From the CoreLogic report, the buildings sit back 125-150′ from the water and 15 feet above, presenting lower flood risk

The property sits at an elevation above high water mark and behind a riprap seawall to protect from flooding and erosion, and while not a federal requirement, flood insurance might be required with bank financing.  Current owners do have a FEMA insurance policy, at a very reasonable annual expense of $2,133 for both dwellings. Buyers are encouraged to seek their own advice.

 

This CoreLogic data came  directly from the insurance agent.

Property Layout and Floor Plans

 
Main House:
First Floor She Crab– one QUEEN; Bay Crab—one TWIN 
Second Floor Peekytoe Crab (facing ocean)—one KING; Bedroom space at top of stairs—two DOUBLES 
Third Floor Rock Crab (facing ocean)—one KING; Blue Crab—(facing side yard) one QUEEN
 
 
Carriage House:
Second Floor Snow Crab (facing ocean) one Double;  Sand Crab–two DOUBLES
 
 
Bed Totals:
Main House has 7 beds that can sleep 13 people
Carriage House has 3 beds that can sleep 6 people
Both houses have a total of 10 beds that sleep 19 people

What Are The Guests Saying?

Competitively offered at $1,595,000

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Commercial Interest Rates Today

The rates we have been seeing in hospitality and commercial lending in Maine for years had been relatively and historically low for commercial loans. However, in recent times they have increased quite a bit. Contact me to discuss current rates we are seeing with our hospitality lenders.

Did You Know?

Not everyone who is a licensed real estate agent is a Realtor®?

A Realtor® is a licensed real estate salesperson who belongs to the National Association of Realtors®, the largest trade group in the country. Realtors® are held to a higher ethical standard than licensed agents and must adhere to a Code of Ethics. Some Realtors® are brokers, while some are associate brokers or sales agents. These are varying levels of education, licensing and often responsibilities.

 

And hospitality ‘Consultants’ or ‘Brokers’ who are not licensed in the state of Maine are not held to any standards the way we are here as licensed Realtors® in Maine, where consumer protection is paramount.

 

I am a REALTOR®, a real estate professional who has taken the extra step to belong to the National Association of REALTORS®. Through membership, I abide by a Code of Ethics and have gained expertise to help you navigate one of the most complicated and important transactions you’ll make in your lifetime.

 
Ethics, Expertise and Education – the REALTOR® difference at work for you.”

 

Dana Moos, Hospitality Investment Broker, Realtor®
Representing Hospitality Buyers and Sellers Statewide Since 2008
Director of Lodging and Hospitality Brokerage, Swan Agency Real Estate
www.danamoos.com      207.266.5604     dana@danamoos.com     dana.moos@swanagency.com
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