$399,000
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.
Tbd Standpipe Rd, Damariscotta
Listing courtesy of Newcastle Realty. 207-563-1003
