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5 Applewood Lane #5, Bar Harbor, ME, 04609

2beds
3baths
1,610sqft
$775,000
$481price/sqft
$5,088/moest. monthly cost
$203,520/yrincome needed

About This Home

Newly completed and move-in ready, this thoughtfully designed duplex home offers a fresh take on comfortable coastal living. Featuring 2 bedrooms and 2.5 bathrooms, the layout blends functionality with modern style across two well-planned levels. The main floor showcases an open-concept design that brings together the kitchen, dining, and living areas into one bright, welcoming space. Upstairs, the two bedrooms include their own private ensuite bathrooms with a shared sunny deck creating a peaceful retreat. The full unfinished basement is perfect for dry storage or more livable space. The property sits on 4.4 acres of shared grounds, professionally maintained by the homeowners association, offering a balance of open space and low-maintenance living. From here, it's an easy walk to the village of Hulls Cove, where you'll find a public beach along with local favorites like casual dining, coffee shops, a general store, and a post office. With its brand-new construction, scenic setting, and convenient location, this home is an excellent opportunity for a primary residence, seasonal escape, or investment property.

Getting Around

26
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

10/10
Conners-Emerson SchoolGrades K-82.7 mi
8/10

Construction

Condition

  • Year built: 2026

Materials

  • Roof: Composition
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: Condo
  • Architectural style: Cape Cod
  • Property subType: Condominium

Interior

Basement

  • Has basement: Yes
  • Basement: Bulkhead,Interior Entry,Full,Unfinished

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Features

  • Flooring: Laminate,Tile
  • Finished area below ground: 0
  • Finished area above ground: 1,610

Heating & Cooling

  • Heating features: Baseboard,Hot Water
  • Cooling features: None

Interior Area

  • Total structure area: 1,610
  • Total interior livable area: 1,610 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Zoning: RES

Features

  • Has view: Yes
  • View description: Scenic

Lot

  • Lot size: 4.40 Acres
  • Features: Near Public Beach,Level,Landscaped

Parking

  • Parking features: Common,Gravel,1 - 4 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

  • Ice Storm
    Ice StormVery High
  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Lightning
Winter Weather
Coastal Flooding
Cold Wave
Hurricane
Tsunami

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 $3,918$47,016
Home Insurance $384$4,608
Property Taxes $542$6,504
Electricity $244$2,930
Total$5,088$61,056

Income You'd Need if You Spent...

35% on housing$174,445/yr
40% on housing$152,640/yr
45% on housing$135,680/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: 10.2%
10.2%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$481This listing

vs Other Active Listings

Avg $/sqft

ZIP 04609$460
Hancock County$308

vs Homes Sold Last Month

Median $/sqft

ZIP 04609
Hancock County$217

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
2026-03-31Listed for sale$775,000

For Sale by Agent

BrokerageBetter Homes & Gardens Real Estate/The Masiello Group

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