131 Main Street, Monhegan, ME, 04852
About This Home
Known as The Carina House, this charming seasonal cottage offers a rare opportunity to own a piece of island history in the heart of the village on Monhegan Island. With ocean views in one direction and sweeping meadow and lighthouse views in the other, the setting captures the timeless character that has drawn artists and visitors here for generations. The 1st floor is a bright, open space filled w/natural light - equally suited for a gallery, studio, shop, or relaxed living area. A galley kitchen, laundry, and bath complete the level. Upstairs, 3 rooms and an add'l bath provide flexible space for bedrooms, creative work, or a quiet retreat. From this upper level, enjoy elevated views of the ocean, meadow, and the iconic Monhegan Island Light. Positioned along the village's main road, The Carina House benefits from steady seasonal foot traffic, making it an ideal setting for a small business or gallery, while still offering the feel of a private island escape. The property sits on a simple, easy-to maintain parcel with a small garden space - perfect for embracing uncomplicated island living. Just a short walk from the ferry landing, the location offers convenient access to all that Monhegan has to offer. Located approximately 12 miles off the coast of Port Clyde, the island is reached by passenger ferry. Known for its vibrant artist community, welcoming village, and miles of protected trails maintained by Monhegan Associates, the island also features some of the highest ocean cliffs on the East Coast - providing dramatic scenery and recently a seasonal property with shared well and unforgettable coastal walks. Currently a seasonal property with shared well and septic via deeded easements, The Carina House conveys furnished-as is customary for island homes-making it ready to enjoy from day 1. Whether envisioned as an artist's retreat, island getaway, or small gallery or shop, The Carina House offers a chance to become part of the enduring story of Monhegan Isla
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Roof: Shingle
- Construction materials: Wood Frame,Shingle Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Range
Basement
- Basement: None
Bedroom1
- Level: First
Bedroom2
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Bathtub,Shower
- Flooring: Other,Wood
- Finished area below ground: 0
- Finished area above ground: 1,600
Great Room
- Features: Built-in Features
- Level: First
Heating & Cooling
- Heating features: Direct Vent Heater
- Cooling features: None
Interior Area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Kitchen
- Level: Second
Living Room
- Level: Second
Property
Details
- Zoning: Village Res
Features
- Has view: Yes
- View description: Scenic
- Waterbody name: Atlantic Ocean
Lot
- Lot size: 1,306 sqft
- Features: City Lot,Corner Lot,Level,Open Lot
Parking
- Parking features: No Driveway,None
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
- Coastal Flooding
- Ice Storm
- Lightning
- Hurricane
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,286 | $39,432 |
| Home Insurance | $277 | $3,324 |
| Property Taxes | $460 | $5,520 |
| Electricity | $244 | $2,930 |
| Total | $4,267 | $51,204 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-27 | Listed for sale | $695,000 |
| 2025-10-02 | Listing removed | $695,000 |
| 2025-03-18 | Listed for sale | $695,000 |
| 2024-10-07 | Listing removed | $649,900 |
| 2024-08-09 | Listed for sale | $649,900 |
| 2020-09-10 | Sold | $330,000 |
For Sale by Agent
View on Zillow