164 Clark Point RoadSouthwest Harbor, ME 04679Price: $2,595,000

Pier One is one of those properties that invites you to imagine what comes next. Set directly on the waterfront in Southwest Harbor's coveted Clark Point neighborhood, this distinctive property offers a rare combination of residential, income-producing, and hospitality potential, all with a private dock and the harbor just outside the door. The setting is an important part of the story. Surrounded by classic coastal homes, Pier One offers a quintessential Southwest Harbor experience, with the sailing school and lobster pound nearby as well as The Claremont Hotel, Little Fern Restaurant, Harry's Bar, and The Claremont Spa just a short distance away. Summer evenings can begin with a walk to dinner or drinks and end back at the water's edge. Keep your boat at your own private dock, welcome guests arriving by water, create a waterfront residence with supplemental income, or envision something entirely new. Historically, the property included an owner's residence, complete with a charming upper-level oceanfront deck, complemented by five rental units. Four are located within the main structure, while a separate cottage offers additional potential and is ready for renovation. Currently used as employee housing, Pier One was previously a popular waterfront lodging destination and now offers the opportunity to return to that use or create an entirely new chapter.