Waterfront
Listed By:
Coldwell Banker Realty; 207-967-9900
Address
10 South Arm Road, Andover, ME
Price
$ 1,620,000
Property Attributes
  • MLS#1632191
  • TypeSingle Family
  • Listing Status Active
  • CountyOxford
  • CityAndover
  • Zip04226
  • StyleColonial
  • Year Built1791
  • Taxes$ 11647
  • Price$ 1,620,000
  • Bedrooms20
  • Full Bathrooms5
  • Half Bathrooms2
  • Sqr Footage9000
  • Lot Size126 Acres
Data Source:
Maine Listings (MREIS)
Property Description

Once in a lifetime a commercial property becomes available that is steeped in American history while retaining its timeless elegance, offering a compelling business opportunity in a unique mountain and riverfront setting. This is that property. The Merrill House is a vast Gilded Age country estate with a storied past, on 126 acres in the beautiful mountains of Western Maine. In the early 1900s, Henry Varnum Poor (founder of Standard & Poor's, later the S&P 500) carried out the final expansion, with contributions from influential architects Stanford White and Frederick Law Olmstead. It has been home to 8 generations of the same family, the setting for a major motion picture, and a profitable retreat, event, and vacation rental venue. The property offers extensive manicured lawns, gardens, trails, and magnificent views. The main home boasts 16 bedrooms, 7 bathrooms, a stately dining room, and an impressive Great Hall for which photos do not do justice. There are also income-producing caretaker's cottage and barns, and generous garage and workshop space. Originally homesteaded in 1791, the Merrill House is poised for its next owner to carry on its legacy, own a piece of American history, and operate a successful business in a setting like no other. Perhaps a retreat center, outdoor adventure base, or wedding venue. The property is partially heated, supporting three-season occupancy of up to 32 overnight guests, and four season for up to 12 overnight with 6 bedrooms, 2 full and 2 half baths, study, & Great Hall, with 200-amp electrical service and updated plumbing. Merrill House is surrounded by four-season outdoor recreation. Bethel, ME is about 30 minutes away, as are the Sunday River and Black Mountain ski areas. The Appalachian Trail is about 12 minutes away, and numerous walking, biking, ski, and motorsports trails right out the door. Rangeley, ME is about 1 hour away and Portland International Jetport and North Conway, NH are about 90 minutes away.

General Features

Sewer Private Sewer,Septic Design Available
Zoning Mixed
Electric Circuit Breakers
Tax Year 2024
County Oxford
Property Type Residential
HOA false
Status Active
City Andover
Lot Size Units Acres
Lot Size Square Feet 5488560
Tax Annual Amount 11647.88
Standard Status Active
Tax Lot 19
View Fields,Mountain(s),Scenic,Trees/Woods
Body of Water Ellis River
Heating Electric,Oil,Wood,Baseboard,Hot Water,Wood Stove
Cooling None
Property Subtype Single Family Residence
Garage Y/N true
Land Lease Y/N false
Roof Composition
Garage Spaces 3
Architectural Style Colonial
Construction Materials Wood Frame,Wood Siding
Year Built 1791
Attached Garage false
Total Rooms 31
Full Baths 5
Appliances Dishwasher,Dryer,Microwave,Electric Range,Refrigerator
Other Structures Outbuilding,Shed(s),Barn(s)
Patio/Porch Features Deck

Interior Features

Total Baths 7
Air Conditioning Y/N false
Heating Y/N true
Basement Interior Entry,Brick/Mortar
Flooring Vinyl,Wood
Total Fireplaces 14
Fireplace Y/N true
Above Grade Finished Area 9000
Half Baths 2
Total Bedrooms 20
Interior Amenities 1st Floor Bedroom,Attic,Bathtub

Exterior Features

Parking Features Gravel,21+ Spaces
Lot Features Rural,Open Lot,Pasture,Rolling Slope,Landscaped,Wooded
Water Source Well
Lot Size Area 126
Lot Size Acres 126
Road Surface Type Paved
Lot Size Source Public Records
Waterfront Y/N true
Building Area Total 9000
Foundation Details Block,Granite,Poured Concrete,Brick/Mortar

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 04226

Statistics provided by Inside Real Estate

Price
AVG $1.1M
$1.62M
Taxes
AVG $8,648
$11,647
Year Built
AVG 1899
1791

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