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For many Maine communities, a $4.2 million dwelling is definitely the priciest one on the town. In Kennebunkport, it’s simply the third-most costly offered this yr.
A well-liked spot for Mainers and non-Mainers alike, Kennebunkport has lengthy been considered one of Maine’s most prestigious and costly places to stay and consists of the summer season retreat of the Bush political household at Walker’s Level. However by no means has that been extra pronounced than immediately, with the median dwelling worth inching nearer to $1 million, the best in Maine.
Sumi Dolben, a nurse practitioner from North Andover, Massachusetts, mentioned she was initially hesitant to enter the market proper now. She then noticed a house she fell in love with, the five-bedroom property on Goose Rocks Seaside.
Dolben had offered her dwelling in Biddeford Pool earlier this yr and was searching for a house to retire to, one thing that was bigger and will accommodate a “rising household.” She mentioned her path to discovering the itemizing was constructed on “dumb luck.”
“I occurred to be on Zillow in the future when I discovered this itemizing that had simply gone up,” she mentioned.
She noticed the property the subsequent day by means of a dealer and put a suggestion in, beating out two others.
The large worth tags showcase the elevated desirability of individuals throughout Maine, New England and past to stay in Kennebunkport, in addition to housing costs out there that proceed to develop.
The most costly property that offered this yr in Kennebunkport was a five-bedroom on Ocean Avenue. It offered two months in the past for $6.9 million. The second-most costly was a $5.9 million dwelling on Nehoc Lane. Each featured swimming pools and tennis courts.
Properties with such excessive worth tags are way more widespread in different states. The median dwelling worth in Brookline, Massachusetts, is $1.3 million. The most costly property offered in Portland this yr was a $5.4 million part of Home Island in late March. The most costly in Bangor was a downtown constructing containing 22 residential residences. It offered for $2.6 million.
Dolben mentioned the group appealed to her. She has already met a few of her neighbors and likes them. Her new dwelling can also be barely extra faraway from the seashore, whereas the one in Biddeford Pool was on the sand.
“For longevity and security, I simply needed to be a number of extra steps away from the sand and the water,” Dolben mentioned. “However I may nonetheless hear it, odor it and see it.”