Sites

Luxury: Maine estate on private 86-acre island listed for $7.95 million

Buying Luxury
An aerial view of the island.
An aerial view of the island. Scorpio Island Corp.

A 25-minute boat ride from Portland, Maine, this estate on Casco Bay comes with more than just a three-bedroom, six-bathroom, 11,000-square-foot-plus main house.

Its $7,950,000 price tag also includes the 86-acre island on which it sits — Hope Island — along with a boathouse with an apartment; a barn with apartments; a carriage house; a tavern; a chapel; a stable; and a variety of other buildings. As you might assume, the home boasts some pretty incredible water views.

According to the Portland Press Herald, a developer named John Cacoulidis is the owner and purchased the property in in 1993 for $1.3 million, spending 24 years turning the island into its current state.

The island, with 11,050 feet of water frontage, has a rocky coastline, as well as sand beaches, a deepwater pier, and eight ponds.

In the main house, you’ll find two full stories and an unfinished basement. The kitchen boasts a center island with granite countertops, two bar sinks, cherry cabinetry, and a large pantry. The central entertainment room features custom millwork, a circular bar, built-ins, and French doors that lead to a terrace.

See more images from the island: