Lovell ME Multi Family for Sale
$975,000
2163 Main Street Lovell, ME 04051
- Type:
- Multi-Family
- Sq.Ft.:
- 3,832
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 4 Acres
- Year built:
- 1976
- Baths:
- MLS#:
- 5014126
ADDITIONAL INFORMATION
An amazing 3 building property is now available in Lovell, Maine featuring two homes and an outbuilding for an extended family, rental potential or a business. The property was transformed in recent years with master masonry work on the main house that was expanded in 2010 and includes a lower level with a full bar, stone walls, game room and dining area. It has potential as a restaurant, bed and breakfast, wedding venue, vacation rental or primary home with guest house. The bunkhouse, expanded to 1424sf in 2022 is in mid transformation into a 2BR guest house or owners quarters with exceptional framing and design awaiting completion. Extra images of that building is included in this multifamily listing. The main home has a large kitchen with granite, new appliances, a great room with a wood burning fireplace and cathedral ceiling, 2 first floor bedrooms, an upper loft area used for sleeping and 4 baths. This beautiful lot has a brook running through it, an outbuilding for parties, direct access to snowmobile trails, perennial gardens, lawn area, apple and peach tree orchard, pond, and a large parking area. A short trip to skiing at Pleasant Mountain, Sunday River and Cranmore. 20 miles to both North Conway and Bridgton and just down the road from Kezar Lake. This iconic property is the former location of Melder's German Restaurant and Brathaus, made famous by patron Stephen King in the book Dark Tower VII. Assisted showings. 12 hour notice required. Please no drive-ups.
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Lovell Real Estate
The median home value in Lovell, ME is $525,000. This is higher than the county median home value of $269,300. The national median home value is $338,100. The average price of homes sold in Lovell, ME is $525,000. Approximately 36.44% of Lovell homes are owned, compared to 4.39% rented, while 59.17% are vacant. Lovell real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lovell real estate agent to arrange a tour today!
Lovell, Maine has a population of 1,321. Lovell is less family-centric than the surrounding county with 19.23% of the households containing married families with children. The county average for households married with children is 24.25%.
The median household income in Lovell, Maine is $63,125. The median household income for the surrounding county is $51,384 compared to the national median of $69,021. The median age of people living in Lovell is 52.6 years.
Lovell Weather
The average high temperature in July is 79.5 degrees, with an average low temperature in January of 5.7 degrees. The average rainfall is approximately 48.3 inches per year, with 74.5 inches of snow per year.