1118 Exeter Road, Exeter, ME 04435 (MLS # 1664049)

Price $299,900
Status Active
Beds 0
Baths 3 Baths
Home size 1,500 sqft
Lot Size 9.00 ac
Income-producing multi-unit property on 9± acres in Exeter with a 3-bedroom main home, two studio apartments, a five-stall horse barn, pasture, pond, garage, and solar system. The seller reports approximately 25,000 in annual rental income from the two studio apartments, each of which includes a full bathroom. The three separate living spaces provide flexibility for owner occupancy, rental use, additional living space, or continued investment. Originally built in 1865 and extensively renovated in 1985, the property combines historic character with substantial acreage and practical improvements. Outbuildings include a new 22' × 28' garage and a 50' × 60' five-stall horse barn with an attached shed. The 9± acres also include pasture, a pond, and open outdoor space for equestrian, gardening, recreational, or homestead use. A 14,000-watt solar system is included. With existing rental income, multiple living spaces, acreage, equestrian infrastructure, solar, and substantial outbuildings, this property offers a versatile opportunity for residential, rental, or investment use in rural Maine. Intended uses are subject to applicable municipal requirements and due diligence.
Property Type(s): Multi Family
Last Updated 8/14/2026 Year Built 1865
Garage Spaces 2.0 County Penobscot

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
BARN/EQUESTRIAN Yes
BASEMENT Interior Entry, Yes
CONSTRUCTION Frame, Wood Siding
GARAGE Yes
HEAT Pellet Stove, Propane, Solar, Wood, Wood Stove
INTERIOR Storage
LOT 9 acre(s)
LOT DESCRIPTION Agricultural, Farm, Open Lot, Pasture
LOT DIMENSIONS 9.0
MLS STATUS Active
PARKING Gravel, Detached
POOL DESCRIPTION Above Ground
SEWER Private Sewer, Septic Tank
STYLE Farmhouse
TAXES 2200
VIEW Yes
VIEW DESCRIPTION Scenic, Trees/Woods
WATER Private, Well
Listing provided by RE/MAX Infinity

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