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A Landmark Midcoast Maine Property Ready for a New Vision. Set on nearly 40 acres in picturesque Damariscotta, the historic Down Easter Inn offers an intriguing combination of scale, character, existing infrastructure, and redevelopment potential. With a newly repositioned price, this distinctive property invites investors, developers, and hospitality entrepreneurs to envision what comes next. The historic main house is listed in the National Register of Historic Places. Inside are nine bedrooms, a reception area, dining room, living room, kitchen, and back porch. A substantial addition completed in the 1980s expanded the property with 22 guest rooms, each with a private bathroom. An adjacent two-bedroom cottage provides additional flexibility for an owner or other uses. The property has not been in operation since 2018 and will require capital improvements. Outside, nearly 40 acres of grounds offer space for expansion or other possibilities. Located within easy reach of Pemaquid Beach, Boothbay Harbor, Damariscotta's vibrant village center, and many of Midcoast Maine's most treasured destinations, the property is well positioned for its next chapter.
Property Type(s):
Commercial
| Last Updated | 10/5/2026 | Year Built | 1950 |
|---|---|---|---|
| County | Lincoln |
Additional Details
| BASEMENT | Full, Sump Pump, Yes |
|---|---|
| CONSTRUCTION | Aluminum Siding, Clapboard, Frame, Wood Siding |
| GARAGE | Yes |
| HEAT | Baseboard, Electric, Oil, Propane, Radiant, Steam |
| LOT | 39.92 acre(s) |
| LOT DIMENSIONS | 39.92 |
| MLS STATUS | Active |
| PARKING | Garage |
| SEWER | Private Sewer, Septic Tank |
| TAXES | 16809 |
| UTILITIES | Propane |
| WATER | Public |
| WATERFRONT | Yes |
Listing provided by Keller Williams Realty
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
Mortgage Calculator provided by Diverse Solutions © 2026
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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