Penny Wood - HK Realty Logo
$299,900
 $1,610 est/mo Sourced by Back At You

1118 Exeter Road,Exeter, ME 04435

Exeter, ME 04435

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Description

Income-producing multi-unit property on 9± acres in Exeter, generating approximately 25,000 in annual rental income. Originally built in 1865, with extensive renovations completed in 1985, this historic property includes a 3-bedroom, 1-bath main home along with two separate studio apartment units, each with a full bathroom. The layout offers flexibility for owner occupancy, rental income, additional living space, or continued investment use. The property features a new 22' x 28' garage, a 50' x 60' five-stall horse barn with attached shed, pasture area, pond, and open outdoor space suitable for animals, gardening, recreation, or homestead use. A 14,000-watt solar system adds energy efficiency and helps offset utility costs. With rental income already in place, multiple living spaces, 9± acres, barn space, pasture, pond, garage, and solar, this is a hard-to-find opportunity for buyers seeking a flexible rural Maine property with practical use, historic character, and income potential.

Details

MLS #1664049
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1865
Days On Site149
Listing Provided ByRE/MAX Infinity | Kael McCarthy

Features

Bath(s) 3 Total
SQ Feet1,500
Garage2
BasementY
PoolYes
Units3
ZoningResidential
Acreage9.00
Property ViewFields, Scenic, Trees, Woods

Interior

Interior Features1st Floor Bedroom, Shower, Storage
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingWindow Unit(s)
Laundry FeaturesMain Level
Amenities Co Amenities1st Floor Bedroom, Main Level, Above Ground, Shower, Storage

Exterior

RoofMetal, Shingle
Foundation DetailsPoured Concrete
Lot FeaturesRural, Agricultural, Farm, Open Lot, Pasture
ViewFields, Scenic, Trees/Woods
Construction MaterialsWood Frame, Wood Siding
Patio And Porch FeaturesDeck
Pool FeaturesAbove Ground

Parking

Attached Garage Yes / NoNo
Garage Yes / NoYes
Parking FeaturesGravel, 5 - 10 Spaces, Detached

Utilities

SewerPrivate Sewer, Septic Tank
ElectricCircuit Breakers, Generator Hookup, Other Electric

Taxes

Tax Annual Amount2200
Tax Book Number10070
Tax Year2025
Tax Lot6-2
Tax Map Number7

Area Information

StateME
CountyPenobscot
CityExeter
Zip Code04435
AreaPenobscot
School DistrictMSAD 46
Listing VS Median (in 04435)
Price:
$299,900
low | high
Med:
$379,000
23.624541513838% of Average
sqft:
1,500
low | high
Med:
2,320
4.666666666667% of Average
$ / sqft:
$200
low | high
Med:
$163
68.29172942705% of Average
On site:
149
low | high
Med:
127
100% of Average
Sourced by Back At You

Market Activity 04435

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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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Learn More About This Property

Penny Wood

Penny Wood

HK Realty

051694 (603) 944-2857penny.wood@h-krealty.com
StateME
CountyPenobscot
CityExeter
Zip Code04435
AreaPenobscot
School DistrictMSAD 46
Listing VS Median (in 04435)
Price:
$299,900
low | high
Med:
$379,000
23.624541513838% of Average
sqft:
1,500
low | high
Med:
2,320
4.666666666667% of Average
$ / sqft:
$200
low | high
Med:
$163
68.29172942705% of Average
On site:
149
low | high
Med:
127
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 7:07:10 PM PDT

Penny Wood - HK Realty