Tbd Standpipe Road

Damariscotta, ME 04543

About this property

Calling all developers, builders, and investors! Fox Hollow Estates presents a rare opportunity to acquire an approximately 23.5± acre planned residential subdivision in the heart of desirable Damariscotta, Maine. Designed for 8 single-family residential lots, this exceptional development combines a prime Midcoast location with significant planning and infrastructure already in place, allowing you to move your project forward with confidence. Each spacious homesite offers generous buildable area in a private wooded setting, with public water available through the Great Salt Bay Water District and individual septic systems planned. Extensive development work has already been completed, including subdivision approvals, engineering, construction documents, a construction access road, staging area, electrical service, and underground conduit for future distribution, significantly reducing development time and upfront costs. The subdivision has been thoughtfully designed to preserve the natural beauty of the property, including a protected conservation area with walking path easement that enhances privacy and creates an attractive neighborhood setting. Under the Town of Damariscotta's land use ordinance, each lot may also have the potential for an Accessory Dwelling Unit (ADU), subject to town approval and septic capacity, providing flexibility for guest cottages, in-law suites, or rental income opportunities. Conveniently located just minutes from downtown Damariscotta, restaurants, shopping, healthcare, marinas, and U.S. Route 1, Fox Hollow Estates is ideally positioned to meet the growing demand for new construction in one of Midcoast Maine's most sought-after communities. Whether your vision is a neighborhood of custom homes, luxury residences, or investment properties, this is a rare opportunity to develop in a market where quality housing remains in high demand.

About this property

Calling all developers, builders, and investors! Fox Hollow Estates presents a rare opportunity to acquire an approximately 23.5± acre planned residential subdivision in the heart of desirable Damariscotta, Maine. Designed for 8 single-family residential lots, this exceptional development combines a prime Midcoast location with significant planning and infrastructure already in place, allowing you to move your project forward with confidence. Each spacious homesite offers generous buildable area in a private wooded setting, with public water available through the Great Salt Bay Water District and individual septic systems planned. Extensive development work has already been completed, including subdivision approvals, engineering, construction documents, a construction access road, staging area, electrical service, and underground conduit for future distribution, significantly reducing development time and upfront costs. The subdivision has been thoughtfully designed to preserve the natural beauty of the property, including a protected conservation area with walking path easement that enhances privacy and creates an attractive neighborhood setting. Under the Town of Damariscotta's land use ordinance, each lot may also have the potential for an Accessory Dwelling Unit (ADU), subject to town approval and septic capacity, providing flexibility for guest cottages, in-law suites, or rental income opportunities. Conveniently located just minutes from downtown Damariscotta, restaurants, shopping, healthcare, marinas, and U.S. Route 1, Fox Hollow Estates is ideally positioned to meet the growing demand for new construction in one of Midcoast Maine's most sought-after communities. Whether your vision is a neighborhood of custom homes, luxury residences, or investment properties, this is a rare opportunity to develop in a market where quality housing remains in high demand.

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$399,000 Active
0 sqft

Presented By H-K Realty

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Area Information

Lincoln | Lincoln County |

$ 399,000
This listing is play_arrow 38.6% lower than the average in the area
$ 650,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
36 days on site
This listing is play_arrow 71.7% below the average in the area
127 days on site in the area

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Listed By Sara Rogers
Brokerage: Newcastle Realty

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