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983 Hampden Road, Carmel, ME, 04419

--beds
1baths
3,600sqft
$400,000
$111price/sqft
$3,184/moest. monthly cost
$127,360/yrincome needed

About This Home

Endless possibilities await at this truly unique property at 983 Hampden Road in Carmel. Built in 1898 with impressive timber frame construction, this historic property is currently approved for commercial use while also offering outstanding potential for residential living or a live/work opportunity (subject to any required approvals). Steeped in local history, the main building was once home to the well-known ''The Homestead'' Bottle Club, a popular gathering place from 1975-1987. In 1988, the lower level was converted into living space, creating a versatile layout that can accommodate a variety of uses. In 2019 it was converted into office spaces for commercial use. Thoughtful updates have already been completed, including improvements to the insulation, wiring, and plumbing. Situated on approximately 2.6± acres with outstanding visibility on a well-traveled road, this property offers exceptional exposure for a business while maintaining the charm and privacy of a country setting. The spacious lot provides room for parking, outdoor entertaining, future expansion, gardens, or additional amenities. Whether you're looking to continue operating a commercial business, establish a professional office, create a destination venue, convert it into a distinctive residence, or invest in a property with incredible flexibility, this one-of-a-kind offering is ready for your vision. Conveniently located just minutes from Bangor, Hampden, and I-95, this rare property combines history, character, location, and opportunity in one exceptional package. Don't miss your chance to own a landmark property with endless potential. Schedule your private showing today!

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

5/10
Carmel Elementary SchoolGrades PK-44.4 mi
5/10
Caravel Middle SchoolGrades 5-85.8 mi

Construction

Condition

  • Year built: 1898

Materials

  • Foundation: Granite,Pillar/Post/Pier,Poured Concrete
  • Roof: Metal,Pitched
  • Construction materials: Other,Wood Frame,Clapboard,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Crawl Space,Unfinished

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Laminate,Other,Tile,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 3,600

Heating & Cooling

  • Heating features: Forced Air,Wood Stove
  • Cooling features: None

Interior Area

  • Total structure area: 3,600
  • Total interior livable area: 3,600 sqft

Other

  • Level: First

Other

  • Level: First

Other

  • Level: First

Other

  • Level: First

Property

Details

  • Parcel number: CARMM0003L22D
  • Zoning: Residential

Features

  • Levels: Multi/Split
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 2.60 Acres
  • Features: Rural,Level

Parking

  • Parking features: Gravel,5 - 10 Spaces

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Ice Storm
Lightning

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance $181$2,172
Property Taxes $458$5,496
Electricity $523$6,279
Total$3,184$38,208

Income You'd Need if You Spent...

35% on housing$109,165/yr
40% on housing$95,520/yr
45% on housing$84,906/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$111This listing

vs Other Active Listings

Avg $/sqft

ZIP 04419$214
Penobscot County$142

vs Homes Sold Last Month

Median $/sqft

ZIP 04419$220
Penobscot County$181

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$400,000
2019-11-19Sold$150,000
2019-08-01Listing removed$159,900
2019-05-11Price change$159,900
2019-05-08Listed for sale$172,000

For Sale by Agent

AgentRosa Collins
BrokerageBerkshire Hathaway HomeServices Northeast Real Estate

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