Bought with Better Homes & Gardens Real Estate/The Masiello Group
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986 State Highway 3 Bar Harbor, ME 04609
SOLD DATE : 03/07/2025Want to know what your home might be worth? Contact us for a FREE valuation!

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Key Details
Sold Price $3,200,000
Property Type Commercial Sale
Sub Type General Commercial
Listing Status Sold
Square Footage 8,782 sqft
MLS Listing ID 1593516
Sold Date 03/07/25
HOA Y/N No
Originating Board Maine Listings
Year Built 1950
Annual Tax Amount $13,324
Tax Year 2023
Lot Size 22.060 Acres
Acres 22.06
Property Sub-Type General Commercial
Property Description
Eden Village Motel and Cottages is a thriving lodging business ideally located along the main throughway to Bar Harbor, near Acadia National Park, which sees 3-4 million seasonal visitors. This 22+ acre property features 21 units, offering a profitable opportunity for those interested in hospitality. The front 4 acres house all the building structures, with Eden Village boasting unique spacing between units. The property includes 11 unique private cottages and a 10-room motel strip, accommodating up to 89 guests across 47 beds.
With nearly 90 years of history, Eden Village combines Downeast Maine's artistic charm with modern amenities. Guests love its peaceful setting just 7 miles out of town. Over seven seasons, the current local owners have significantly improved the units, and they are willing to assist new owners in maintaining profitability and operational excellence.
Significant renovations include eight of the ten motel rooms, new roofs on nine cottages and the motel's front roof (completed in 2018), and sunrooms added to seven cottages. Six cottages have undergone major renovations, demonstrating the care and investment of over $700k in improvements since 2018.
A 3-bedroom, 1.5-bathroom manager's house is ideal for personal use or staff housing, adding convenience for the owners. Under inspired ownership, Eden Village has seen consistent growth and offers a solid income-producing opportunity. The stunning Maine landscape provides tremendous potential for expansion, such as adding a glamping-style camping resort, subject to local and state zoning laws.
For those looking to own and operate a successful business, Eden Village offers a unique opportunity with a proven track record. Embrace this chance to be part of Bar Harbor's vibrant tourism industry. Schedule a showing today and embark on a rewarding journey as the proud new owner of this remarkable property.
Location
State ME
County Hancock
Zoning Commercial
Interior
Heating Heat Pump, Forced Air
Cooling Heat Pump
Equipment Internet Access Available
Exterior
Parking Features 21+ Spaces, On Site
Waterfront Description Pond
View Y/N No
Roof Type Metal,Shingle
Building
Lot Description Water Frontage, Near Airport
Sewer Private Sewer, Septic Existing on Site
Water Private, Public, Well
Structure Type Wood Siding,Vinyl Siding,Wood Frame
Others
Restrictions Unknown
Energy Description Propane, Oil, Electric, Gas Bottled
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