A truly rare waterfront development opportunity in the Town of Hampden, offering expansive views of the Penobscot River and exceptional potential for a wide range of high-value uses. Currently operating as a seasonal, turn-key restaurant within a marina setting, this property presents immediate income potential while also serving as a prime canvas for redevelopment or repositioning.
With its desirable waterfront location, strong visibility, and flexible zoning (subject to town approvals), this site is especially well-suited for developers and investors seeking to capitalize on the growing demand for unique residential and mixed-use spaces. Potential concepts include townhome or condo development with river views, a boutique waterfront event venue, hospitality or short-term rental conversion, or a signature mixed-use project combining residential, retail, and dining. The marina setting and natural waterfront backdrop create a built-in lifestyle appeal that is increasingly sought after by both buyers and tenants.
For those exploring commercial or experiential uses, the property lends itself beautifully to a destination event center, wedding venue, corporate retreat space, or upscale restaurant reimagined to maximize the waterfront experience. The combination of scenery, accessibility, and flexibility makes this a standout opportunity for creating something truly distinctive in the market.
Further enhancing the value is an attached two-bedroom, one-bath apartment--ideal for on-site management, staff housing, or supplemental rental income during redevelopment or operations.
Whether you're a developer looking for your next waterfront project, an investor seeking a value-add opportunity, or an entrepreneur with a vision for a landmark destination, this property offers the location, versatility, and setting to bring that vision to life. Opportunities like this--where scale, waterfront exposure, and redevelopment potential align--are increasingly rare in today's market.
Active
$900,000
108 Marina Road, Hampden, ME 04444
2beds
4,180sqft
Single Family Residence
Built in 1990
1 Acres Lot
$844,200 Zestimate®
$215/sqft
$-- HOA
What's special
Waterfront locationAttached two-bedroom one-bath apartmentMarina settingNatural waterfront backdrop
- 253 days
- 313
- 11
Zillow last checked:
Listing updated:
Listed by:
Tim Dunham Realty 207-729-7297
Source: Maine Listings,MLS#: 1646944
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Primary bedroom
- Level: Second
- Area: 262.14 Square Feet
- Dimensions: 15.42 x 17
Bedroom 2
- Level: Second
- Area: 234.53 Square Feet
- Dimensions: 15.9 x 14.75
Kitchen
- Features: Eat-in Kitchen
- Level: Second
- Area: 158.03 Square Feet
- Dimensions: 12.25 x 12.9
Kitchen
- Level: First
- Area: 248.92 Square Feet
- Dimensions: 21.33 x 11.67
Living room
- Level: Second
- Area: 158.03 Square Feet
- Dimensions: 12.25 x 12.9
Office
- Level: First
- Area: 101.7 Square Feet
- Dimensions: 10.9 x 9.33
Other
- Level: First
- Area: 118.21 Square Feet
- Dimensions: 12.67 x 9.33
Other
- Level: First
- Area: 181.11 Square Feet
- Dimensions: 9.17 x 19.75
Other
- Level: First
- Area: 736.08 Square Feet
- Dimensions: 25.9 x 28.42
Other
- Level: First
- Area: 856.63 Square Feet
- Dimensions: 19.25 x 44.5
Other
- Level: First
- Area: 221.64 Square Feet
- Dimensions: 23.33 x 9.5
Other
- Level: First
- Area: 301.44 Square Feet
- Dimensions: 25.83 x 11.67
Other
- Level: First
- Area: 266.43 Square Feet
- Dimensions: 23.33 x 11.42
Heating
- Baseboard
Cooling
- Heat Pump
Features
- Flooring: Laminate
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 4,180
- Total interior livable area: 4,180 sqft
- Finished area above ground: 4,180
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 21+ Spaces
Features
- Has view: Yes
- View description: Scenic
- Body of water: Penobscot River
Lot
- Size: 1 Acres
- Features: Business District, Level, Other
Details
- Parcel number: HAMNM28B0L017A2
- Zoning: Commerical Services
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1990
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Hampden
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $504,900
- Annual tax amount: $9,984
- Date on market: 12/18/2025
Estimated market value
$844,200
$802,000 - $886,000
$2,507/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/25/2026 | Price change | $900,000-28%$215/sqft |
Source: | ||
| 3/28/2026 | Price change | $1,250,000-13.8%$299/sqft |
Source: | ||
| 2/17/2026 | Price change | $1,450,000-14.7%$347/sqft |
Source: | ||
| 12/18/2025 | Listed for sale | $1,700,000$407/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,902 -0.8% | $504,900 +22% |
| 2023 | $7,968 +7.3% | $413,900 +15.4% |
| 2022 | $7,425 | $358,700 |
| 2021 | $7,425 +1.5% | $358,700 |
| 2020 | $7,317 +1.1% | $358,700 +1.1% |
| 2019 | $7,240 +4.1% | $354,900 |
| 2018 | $6,956 +6.5% | $354,900 |
| 2017 | $6,530 +1.4% | $354,900 +0.3% |
| 2016 | $6,443 +10.9% | $354,000 +6.6% |
| 2015 | $5,810 -0.1% | $332,000 -0.1% |
| 2014 | $5,814 | $332,200 |
Find assessor info on the county website
Monthly payment
Est. payment




