8 Derek Way, Harpswell, ME, 04079
About This Home
OCEAN FRONT! VALUE ADD OPPORTUNITY. RENOVATE OR BUILD. Welcome to 8 Derek Way--Harpswell. Experience the pinnacle of Maine coastal living with this premier 2.9-acre estate lot offering 250± feet of pristine ocean frontage along the high-water line of Widgeon Cove. This rare sanctuary combines rugged natural beauty with unparalleled development readiness, featuring a bespoke private bridge that makes the expansive lot fully drivable and accessible. Designed for the discerning builder, the property comes complete with a private well and septic system already in place, providing a seamless foundation for a refined architectural masterpiece. Whether you choose to reimagine the existing log structure or curate a modern coastal retreat, this sprawling parcel represents a unique opportunity to own a piece of the coast where the most difficult infrastructure--from the bridge to the utilities--is already secured.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Materials
- Roof: Shingle
- Construction materials: Wood Frame,Log Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subType: Single Family Residence
Interior
Basement
- Basement: None
Bedroom1
- Level: First
Bedroom2
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 1/2 bathrooms: 1
Features
- Flooring: Wood
- Finished area below ground: 0
- Finished area above ground: 486
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 486
- Total interior livable area: 486 sqft
Living Room
- Level: First
Property
Details
- Zoning: Res Land Water
Features
- On waterfront: Yes
- Waterbody name: Widgeon Cove
- Frontage length: Waterfrontage: 250,Waterfrontage Owned: 250
Lot
- Lot size: 2.90 Acres
- Features: City Lot,Near Town,Neighborhood,Open Lot,Rolling Slope,Wooded
Parking
- Parking features: Gravel,21+ 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
- Coastal Flooding
- Hurricane
- Ice Storm
- Lightning
- 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 | $2,983 | $35,796 |
| Home Insurance | $179 | $2,148 |
| Property Taxes | $496 | $5,952 |
| Electricity | $244 | $2,930 |
| Total | $3,902 | $46,824 |
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 |
|---|---|---|
| 2026-07-22 | Price change | $590,000 |
| 2026-06-22 | Price change | $599,999 |
| 2026-06-10 | Listed for sale | $625,000 |
For Sale by Agent
View on Zillow