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Sotheby's International Realty

Dominic Longcroft | Sotheby's International Realty - New York

Newsletter No. 8 | July 2016

Inn


Dear Friends,

Inn Earlier this month I took a trip to Maine and visited Bar Harbor, which is next to the beautiful Arcadia National Park. Maine seems to becoming the new Montauk! I have a recently read of this article below in 'The Real Deal' here in NYC. I would agree, the Mainers are very welcoming and the coastline is fantastically raw and untouched.
http://therealdeal.com/2016/07/10/is-maine-the-new-montauk/

During my trip I connected with Carroll Fernald, Senior Vice President at Sotheby's Legacy Properties. Carroll took me to her lovely listing at Sand Point Road, Bar Harbor, you can find the property at :
http://www.legacysir.com/eng/sales/detail/507-l-536-yrh9wg/inn-at-bay-ledge-bar-harbor-me-04609.
sThe Inn at Bay Ledge has a rich history in Bar Harbor - 8 en-suite Bedrooms in the Inn, 3 further Bedrooms in a hillside cottage and a separate 1 bedroom waterside cottage. There is a pool and a porch with breathtaking views of the ocean as well as gardens leading down to a private beach. The listing price is $2,500,000 The property could be continued as a business or a family compound. Please don't hesitate to contact me for further information.

Here in NYC the market continues to change, there is more inventory on the market in certain price categories and I am finding that sellers are keen to do a deal. Please do call me if you would like to further understand the market and how I can assist you to increase your real estate asset class investment. Please click here to see my listings.

Best regards

Dominic


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Copyright © 2016 Dominic J. Stoddart Longcroft | Sotheby's International Realty - New York | www.dominiclongcroft.com