8 Beals Cove Road

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Active
$1,150,000
3,724 sqft
8 Beals Cove Rd, Harpswell, ME 04066
Est: $6,480/moGet pre-approved
Multi FamilyProperty Type
1.71 acresLot Size
1980Year Built
$309/sq ftPrice per sq ft
2 carsParking Spaces

Description

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...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.
1 day on Market
  • Listed by: Nicholas Mills 207.744.3084 Nicholas@corefirms.com • CORE
Last updated: 09/30/2026 06:22 AM • Source: Maine Listings, MLS#: 1682496

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Listing Courtesy of CORE
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$6,480 per month

30 year fixed, 7.03% Interest

Principal and Interest

$6,139

Property Taxes

$340

HOA Dues

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Property Information for 8 Beals Cove Road

Property Details
  • Taxes: $4,085 / year
  • MLS Type: Multi-Family
  • County: Cumberland County
  • Architectural Style: Cape Cod
  • View: Scenic
  • Has Waterfront: Yes
  • Waterfront Features: Deeded, Waterfront Tidal
  • Zoning: SR
Building Information
  • Residences: 4
  • Year Built: 1980
  • Lot Size: 1.71 AC / 74,487 SF
Summary
Location and General Information
  • Water View: Yes
  • Page: 298
  • Directions: From Cook's Corner, take Route 24 South toward Orr's Island and Bailey Island. Follow Route 24 approximately 11 miles to Orr's Island. Turn right onto Beals Cove Road and follow to 8 Beals Cove Road.
  • Latitude: 43.75996
  • Longitude: -$69.98
  • Transportation: Major Road Access
  • Water Frontage Owned: 285.0
  • Source of Water Frontage: Public Records
  • Waterfront Amount: $285.00
  • Water Body Type: Cove
  • Water Body Name: Beals Cove
Taxes and HOA
  • Association: No
  • Parcel Number: HARP-000030-000000-000020
  • Tax Lot: 20
  • Tax Book Number: 18682
  • Tax Map Number: 30
  • Tax Year: 2025
  • Tax Annual Amount: $4,085.00
Parking
  • Parking Features: Paved, 5 - 10 Spaces, On Site, Detached, Heated Garage
  • Vehicle Storage: 2 Car, Detached, Heated
  • Has Attached Garage: No
  • Garage Spaces: 2.0
  • Has Garage: Yes
Property
Lot Information
  • Lot Features: Near Public Beach, Rolling Slope, Landscaped, Wooded
  • Lot Size Acres: 1.71
  • Lot Size Area: 1.71
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 74487.6
  • Lot Size Units: Acres
  • Roads: Paved, Right of Way
  • Road Surface Type: Paved
  • Source of Road Frontage: Public Records
  • Tree Growth: false
Property and Assessments
  • Above Grade Finished Area: 2716.0
  • Below Grade Finished Area: 1008.0
  • Building Area Total: 3724.0
  • Property Type: Multi-Family
  • Year Built: 1980
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Poured Concrete
  • Construction Materials: Wood Frame, Vinyl Siding
  • Other Structures: Outbuilding
Financial Information
  • List Price/SqFt: $423.42
Utilities
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Private Sewer, Septic Tank
  • Water Source: Private, Well
  • Water Heater: Oil
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Roof: Pitched, Shingle
Interior Features
  • Amenities: Laundry - Coin, Shower, Storage
  • Bathrooms Full: 4
  • Bathrooms Total Decimal: 4.0
  • Bathrooms Total Integer: 4
  • Laundry Features: Laundry - Coin
  • Basement: Interior Entry, Walk-Out Access, Daylight, Finished
  • Patio And Porch Features: Deck
  • Has Cooling: No
  • Heating: Electric, Oil, Baseboard, Hot Water, Radiator
  • Has Heating: Yes
  • Flooring: Carpet, Luxury Vinyl
  • Interior Features: Shower, Storage
Room Information
Laundry
  • Laundry Room Amenities: Laundry - Coin
Multi Family
Multi Family Information
  • # of 1 BD Units: 2
  • # of 2 BD Units: 2
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $92,200.00
  • Operating Expense: $9,034.00
Rental
Rent Information
  • Land Lease: No
Tenant Information
  • Occupant Type: No

Property History for 8 Beals Cove Road

DateEvent & SourcePriceAppreciation
Sep 30, 2026

Listed (Active)

Maine Listings #1682496

$1,150,000—
Dec 3, 2002

Sold

Maine Listings #560563

$350,000—
Oct 20, 2002

Pending

Maine Listings #560563

—
DateEvent & SourcePrice
09/30/2026

Listed (Active)

Maine Listings #1682496

$1,150,000
12/03/2002

Sold

Maine Listings #560563

$350,000
10/20/2002

Pending

Maine Listings #560563

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 8 Beals Cove Road

Taxable ValueLand$355,900Additions$257,400Total$613,300
Tax Record2025$4,085 ($340 / month)
Home Facts
Baths4Total Finished SqFt2,716 SqFtAbove Grade Finished SqFt2,716 SqFtUnfinished Basement SqFt504 SqFtStories3Lot Size74,488 SqFtStyleMulti-Family Res (5+ Units)Year Built1980Year Renovated1980ZoningSRCountyCUMBERLANDAPNHARP M:030 L:020

Schools near 8 Beals Cove Road

This home is within Regional School Unit 75 Msad 75.
Rating
School
Type
Grades
Distance
Harpswell Community School
Public - K to 5
Mt Ararat Middle School
Public - 6 to 8
Mt Ararat High School
Public - 9 to 12
Williams-Cone School
Public - PK to 5
Rating
School
Distance
Harpswell Community School
PublicK to 5

Mt Ararat Middle School
Public6 to 8

Mt Ararat High School
Public9 to 12

Williams-Cone School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 8 Beals Cove Road, Harpswell, ME 04066

8 Beals Cove Road is a multi-family home for sale in Harpswell, ME 04066. This property was listed for sale on September 30, 2026 by CORE, it's currently listed at $1,150,000. It has been on the market for a total of 1 days and was last sold on December 3, 2002. This listing's school district is Regional School Unit 75 Msad 75. Nearby schools include Harpswell Community School, Mt Ararat Middle School and Mt Ararat High School. 8 Beals Cove Road is a 0-bed, 4-bath, 3,724 sqft multi-family home built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of CORE

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.