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
Price cut: $350K (5/25)
$900,000
108 Marina Road, Hampden, ME 04444
2beds
4,180sqft
Est.:
Single Family Residence
Built in 1990
1 Acres Lot
$1,181,400 Zestimate®
$215/sqft
$-- HOA
What's special
Waterfront locationAttached two-bedroom one-bath apartmentMarina settingNatural waterfront backdrop
- 158 days |
- 420 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Tim Dunham Realty 207-729-7297
Source: Maine Listings,MLS#: 1646944
Tour with a local agent
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
- Utilities for property: Utilities On
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
$1,181,400
$1.12M - $1.24M
$3,061/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 | $332,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04444
Nearby schools
GreatSchools rating
- 9/10George B Weatherbee SchoolGrades: 2-5Distance: 2.8 mi
- 10/10Reeds Brook Middle SchoolGrades: 6-8Distance: 2.9 mi
- 7/10Hampden AcademyGrades: 9-12Distance: 2.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Penobscot County
- Hampden
- 04444
- 108 Marina Road




