Real Estate Spotlight by Legacy Properties SIR

April 2025 | Vol. 70

SERVING MAINE AND NEW HAMPSHIRE’S COASTAL, LAKE, AND MOUNTAIN COMMUNITIES

As the leader in luxury Maine real estate, Legacy Properties Sotheby’s International Realty offers an unmatched blend of local expertise, world-class marketing power and property exposure. Our licensed real estate agents specialize in luxury waterfront homes, ranging from stunning coastal and beach properties to lakefront lodges, maximizing year-round views and recreation opportunities for you to enjoy the best of what Maine has to offer.

We have six offices along the coast of Maine, with locations in Kennebunk, Portland, Brunswick, Damariscotta, Camden, and Northeast Harbor on Mount Desert Island. Get in touch today to find your dream Maine home with guidance and support from our expert agents.

Opportunity in Uncertainty: Maine Real Estate

Maine has enjoyed more than a decade of stable to robust real estate market conditions. It has been, and continues to be, an extraordinary time for our small state and even smaller real estate community. As we enter the peak selling season, a convergence of national and global economic forces is influencing buyer and seller behavior, particularly in coastal and higher-value markets that tend to draw participants from a wider geographic footprint.

Volatility in the stock market and concerns about broader economic stability are dominating the headlines. In my experience, when equities become unstable or begin to decline, many consumers seek refuge in more tangible and reliable

assets. As investors exit the stock market or delay new equity investments, they are increasingly turning to alternatives such as bonds, gold, and real estate. We are witnessing this shift in real time: 10-year Treasury yields closed at 4% this past week, reflecting more than 75 basis points of improvement since midJanuary. Gold is trading near all-time highs, and Maine real estate continues to attract a deep pool of buyers, even as inventory remains relatively scarce. While the COVID-era buying frenzy has passed, demand for quality homes in desirable locations remains strong. The pivot toward real assets is being reinforced by evolving conditions in both the bond and commodities markets. At the same time, mortgage rates—while still high by historical

standards—have edged down from their recent peaks, improving affordability. For buyers who were previously sidelined by interest rates above 7%, the move toward the low 6% range has reopened conversations around purchasing. This trend may also unlock additional inventory, particularly from Baby Boomer downsizers who have long discussed selling but have yet to make their move. Meanwhile, the U.S. Dollar Strength Index has fallen since the beginning of the year—a shift that could reawaken interest from international buyers. Previously priced out of the Maine market by both high property values and a strong dollar, these buyers may now see a window of opportunity, supported by more favorable exchange rates.

That said, persistent economic uncertainty and waning consumer confidence are tempering overall enthusiasm. Many prospective buyers are proceeding cautiously, reassessing timing, price sensitivity, and long-term value. Sellers are adjusting their expectations and acknowledging that securing premium outcomes now requires a combination of strong home fundamentals, precise pricing, and a well-curated presentation.

In short, Maine’s real estate market remains fundamentally sound despite the complexity of today’s economic environment. Historically, the relatively low volatility of Maine’s housing

market has provided a measure of safety. Quality homes in sought-after areas continue to garner attention, though both buyers and sellers are moving forward with more deliberation as they navigate a shifting landscape.

As we do every year, we are looking forward to welcoming so many of you back to Maine to enjoy everything our state has to offer!

President/Owner

Legacy Properties Sotheby’s International Realty

With access to more than 3,500 miles of Atlantic oceanfront, 6,000 lakes and ponds, and mountains with world-class skiing, Legacy Properties Sotheby’s International Realty is uniquely positioned to help you find your dream home in Maine. Simply put, we have the premier portfolio of Maine real estate and waterfront properties for sale.

Company - 6 Offices - 100+ Agents - Endless Possibilities

Try our new and improved home valuation tool and see what’s happening in your neighborhood.

For a more detailed Market Analysis, please contact your Legacy Properties Sotheby’s International Realty sales associate.

Located in Falmouth, Maine, The Wyeth offers 1-, 2-, and 3-bedroom newly constructed luxury residences, each designed with a private balcony or an expansive terrace. These outdoor spaces enable each unit to create a dialogue with the environment, transforming indoor and outdoor spaces into balanced, inviting atmospheres. Luxury high-end finishes have been selected with respect to the cabinetry, flooring and lighting. The residences are also paired with many amenities such as underground heated parking, a custom gym, storage rooms, walking trails, and bike and ski storage. The Wyeth is ideally located amongst Falmouth’s local shops, dining, and services, with easy access to Portland’s vibrant downtown, the Portland International Jetport, and miles of nearby recreational trails.

Will and Ally Fuller 207.560.7000 | sales@thewyethfalmouth.com

LEGACY COLLECTION

Our exclusive, multi-page property books are distributed with Maine Home + Design, Down East, and in select areas, The Wall Street Journal and The Boston Globe. As many as 188 pages are

Follow the Maine Real Estate Blog for a weekly update delivered to your inbox featuring new listings, 3D virtual tours, real estate news, and more!

From the Maine Real Estate Blog

SOUTHERN MAINE

Explore Featured Listings in York and Cumberland Counties

22 Channel Cove Lane, Biddeford | $2,395,000 Will and Ally Fuller 207.560.7000

116 Hills Beach Road, Biddeford | $1,675,000

Chris Stone 207. 590.3425

THANK YOU FOR YOUR TRUST AND SUPPORT.

for all homes sold over $2,000,000 in Maine for all homes sold over $4,000,000 in Maine for all homes sold over $3,000,000 in Maine

for all homes sold over $1,000,000 in Maine

for all homes sold over $500,000 in Maine

for all waterfront sales in Maine

Legacy Properties Sotheby’s International Realty attributes its success to offering its clients a very strong package of marketing services including: professional photography, Matterport 3D Virtual Tours, glossy print advertising, global property distribution through its exclusive network of agents, and luxury branding through its affiliation with Sotheby’s International Realty.

Everything You Need to Know about Moving to Maine

We present “Your Legacy,” a publication in partnership with our friends at Open Door Publishing to help our future and present clients learn more about what it means to live in Maine. “Your Legacy” includes information on the top public schools and hospitals in the state, a helpful breakdown of our rental program for those looking to dip their toes in our waters, guides to the neighborhoods and towns we service, information on each of our six coastal offices, and articles of interest for those looking to learn more.

View the digital edition of “Your Legacy” here or pick up a hard copy at one of our offices today.

MIDCOAST MAINE

Explore Featured Listings from Brunswick through Belfast

95 Pumpkin Cove Road, Bristol

DOWNEAST MAINE

Explore Featured Listings Beyond Belfast

101 Cow Point Road, Roque Bluffs

REAL ESTATE EXPERTS IN EVERY MARKET GLOBAL REACH

The Sotheby’s International Realty network is comprised of more than 26,500 sales associates located in approximately 1,115 offices in 84 countries and territories worldwide. Our listings are marketed on the sothebysrealty.com global website and on local affiliate websites across the world in the markets from which our buyers are coming. This global exposure not only affords our listing clients the widest possible distribution to the highest number of qualified buyers, but it allows all of our clients access to the most experienced and accomplished real estate experts in whichever town, city, or country they may have needs.

THINKING ABOUT A MOVE?

Let us help you find the right agent through our global network at Sotheby’s International Realty. For more information call 207.780.8900 or email info@legacysir.com

INLAND TREASURES

Explore Featured Listings in the Lakes and Mountains Regions

RENTALS

Maximize Your Home’s Income

There is incredible demand from guests seeking to vacation in Maine and we are looking for outstanding new properties to add to our portfolio of the finest luxury rental homes in all of Maine. We provide a full-service rental experience, including professional photography, cutting edge Matterport 3D Virtual Tours, unmatched global luxury branding, marketing and distribution, and dedicated support.

Visit us at luxurymainerentals.com to view our exceptional luxury rental homes or contact us at rentals@legacysir.com for more information.

FEATURED RENTAL

Crafted in 2007, this custom-built haven is nestled directly across from the iconic Bush Compound, surrounded by 60 acres of private, wooded land, offering an unrivaled blend of seclusion and luxury. The property greets you with a secure gated entrance and a picturesque cobblestone driveway winding through scenic views of a freshwater preserve, leading to the breathtaking oceanfront. The estate includes a cozy two-bedroom guesthouse, complete with all amenities for comfort and privacy, and a well-equipped tennis cabana overlooking the court and basketball area. Centered around the driveway is a state-of-theart outdoor turf putting and chipping green installed in 2017, complete with supplied clubs and balls for your leisure. The two-level terrace outside features an exquisite infinity pool and hot tub, crafted without compromise.

Offered at $35,500 per Week

Plus taxes, fees, and deposit

FEATURED RENTAL

Situated prominently overlooking the harbor in the heart of enchanting Rockport Village is the luxurious and refined architectural masterpiece, 19 Sea Street. The home’s sprawling accommodations, exceptional amenities, and beautiful grounds are replete with your own private sandy beach, deep-water dock, expansive decks, and stunning terraces that weave seamlessly into the landscape, creating a place where leisure and entertainment harmoniously converge, for a vacation experience you’ll never forget.

This spectacular home, a rare gem among the coastal treasures of Maine, offers unparalleled views that stretch far and wide, providing a truly memorable vacation for those seeking the pinnacle of elegance and comfort.

Offered at $30,000 per Week

Plus taxes, fees, and deposit

19 Sea Street, Rockport| 6-BEDROOM | 6 FULL + 2 HALF BATHROOMS | SLEEPS 10 GUESTS

FEATURED RENTAL

This elegant four-bedroom, 5,400-square-foot home offers a serene retreat with distant views of Casco Bay. Accommodating up to eight guests, the residence includes a separate sleeping space among its four bedrooms, each featuring an en-suite bathroom. The newly designed primary suite boasts a luxurious spa-style bathroom with a steam shower, providing the perfect space for relaxation. The property is surrounded by beautifully landscaped gardens and a spacious yard, which will soon be in full bloom. A heated in-ground pool offers a private oasis for guests to enjoy. The home is fully equipped with air conditioning for year-round comfort. Ideally located in Yarmouth, the home provides easy access to local favorites, including Royal River Grill, as well as the shops and restaurants of Freeport and downtown Portland, both just a 20-minute drive away.

Offered at $16,000 per Week

Plus taxes, fees, and deposit 20 Beam Reach, Yarmouth | 4-BEDROOM | 4

FEATURED RENTAL

The grand room, with majestic views of Brickyard Cove, features contemporary seating by the fireplace, a spacious dining area working well for small to large gatherings, an open kitchen fully equipped for any size group, the island seating 5 to 8 for breakfasts. The large western deck, enhancing the living space with ample outdoor seating, is equipped with a grill, a griddle, and a pizza oven. As needed, private chefs can be arranged for meal preparations and special events. Or, from Bow Street Market, close by in Freeport, a cooked lobster dinner and more can be ordered and delivered. Indoor amenities include the large master bath serving as a spa, multiple dedicated workplaces with seating on adjoining decks, toys for children of all ages plus multiple infant support items. The outdoors unfolds into a vast oceanfront haven of play areas and activities, including shoreline with pebble beach and dock, heated pool, vegetable garden, freshwater pond and more.

Offered at $16,000 per Week Plus taxes, fees, and deposit 101 Lower Flying Point Road, Freeport | 7-BEDROOM |5-BATHROOMS |

FEATURED RENTAL

This stunning luxury lakefront vacation rental offers an unparalleled experience of tranquility, comfort, and natural beauty. Nestled in the heart of Maine’s picturesque Sebago Lake Region, this property is the perfect getaway for families, friends, or couples seeking a peaceful escape. The property includes the main house and a separate guest house, each with full baths and kitchens, providing privacy and convenience for all guests. The living area boasts soaring vaulted ceilings with exposed wooden beams, creating an open and airy ambiance. Large floor-to-ceiling windows flood the space with natural light and offer breathtaking views of the lake and surrounding forest, bringing the outdoor natural beauty indoors. Step outside and enjoy the lake views from the decks and patio with comfortable outdoor furniture and a large umbrella for shade, or relax in the hot tub.

Offered at $14,750 per Week Plus taxes, fees, and deposit

FEATURED RENTAL

Nestled on 8 private acres of rolling lawns, lushly landscaped grounds, and scenic wooded trails, this exceptional property offers refined coastal living with accommodations for up to 10 guests. The main residence boasts four well-appointed bedrooms, including a first-floor queen bedroom with an en-suite bath, conveniently located near the secondary kitchen and a private entrance. Upstairs, a luxurious California king suite features an ensuite bathroom with a spacious shower and double sinks, accompanied by two additional queen bedrooms with their full baths. A separate staircase from the great room leads to a secluded retreat with two twin beds and a private en-suite bath. With two equipped kitchens, this home is perfectly suited for multi-generational stays or hosting extended family and friends. The home’s open-concept main living area showcases soaring ceilings, a beautiful piano, walls of windows, and breathtaking water views. Every room has been thoughtfully designed to blend coastal elegance with modern comfort.

Offered at $7,500 per Week

taxes, fees, and deposit

FEATURED RENTAL

Located on a private road on scenic Cousins Island, this beautifully updated cottage combines coastal charm with modern amenities, offering a peaceful and private escape. Perfect for up to 4 guests, the cottage features a cozy open-concept living space, a fully equipped kitchen, a private bedroom with two twin beds, and a loft-style sleeping area upstairs with a comfortable queen bed. The property provides the perfect balance of comfort and style for your relaxing coastal stay.

Step outside to a spacious 900-square-foot deck with breathtaking ocean views—ideal for soaking in the scenery and enjoying peaceful moments. A private path leads directly to the bay, where you can launch a kayak, explore the shoreline, or simply enjoy the serene surroundings. For boating enthusiasts, a mooring is also available, providing convenient access for maritime adventures.

$$3,500 per WeekPlus taxes, fees, and deposit 30-Night Minimum Stay

MEET THE AGENTS

AARON CROSSMAN CAMDEN OFFICE

ABIGAIL CURLESS NORTHEAST HARBOR OFFICE

ALEXA OESTREICHER PORTLAND OFFICE

ANNA CHARLOTTE BRUNSWICK OFFICE

ALLY FULLER PORTLAND OFFICE

AMY KEENAN DAMARISCOTTA OFFICE

AMY FARRELL PORTLAND OFFICE

ANNE BOSWORTH PORTLAND OFFICE

ADAM ZIMBALIST PORTLAND OFFICE

ANDI ROBINSON KENNEBUNK OFFICE ANDREA PELLECHIA

OFFICE

ADRIANNE ZAHNER DAMARISCOTTA OFFICE

MEET THE AGENTS

ANNEMARIE AHEARN CAMDEN OFFICE

BILL GAYNOR KENNEBUNK OFFICE

BUCK PORTLAND OFFICE

ASHLEY O’NEIL KENNEBUNK OFFICE

BRIAN WICKENDEN CAMDEN OFFICE

DAMARISCOTTA OFFICE

BETH TAYLOR PORTLAND OFFICE

CARRIE MARTIN PORTLAND OFFICE

OFFICE

BETSY COUGHLAN KENNEBUNK OFFICE

FERNALD NORTHEAST HARBOR OFFICE

PORTLAND OFFICE

CATHARINE

CHARLIE RICHARDSON

CHARLIE STUART DAMARISCOTTA

CARROLL

CHESSELL MCGEE

MEET THE AGENTS

CHRIS LYNCH PORTLAND OFFICE

CONNIE MOSS DAMARISCOTTA OFFICE

DAVID HAGAN DAMARISCOTTA OFFICE

CHRIS STONE KENNEBUNK OFFICE

CRISSY STIRRATT DAMARISCOTTA OFFICE

DEBI FOX DAMARISCOTTA OFFICE

CINDY LANG CAMDEN OFFICE

DANA WHITNEY KENNEBUNK OFFICE

DENNIS DUGGAN BRUNSWICK OFFICE

COLIN HARVEY DAMARISCOTTA OFFICE

DANA WHITTAKER PORTLAND OFFICE

GLEASON DAMARISCOTTA OFFICE

DENNIS

MEET THE AGENTS

DONTE CALARCO CAMDEN OFFICE

BANWELL PORTLAND OFFICE

ELAINE PRENDERGAST KENNEBUNK OFFICE

EMILIE COLE PORTLAND OFFICE

ELISE KIELY PORTLAND OFFICE

OFFICE

PORTLAND OFFICE

SHIELDS PORTLAND OFFICE

ELIZABETH

ELIZA RAUSCHER

GLENN JONSSON

HEATHER

FRED HEBERT DAMARISCOTTA

GINNY WHITNEY KENNEBUNK OFFICE

HEIDI STEELE CAMDEN OFFICE

JACKIE WHEELWRIGHT CAMDEN OFFICE

MEET THE AGENTS

JAIME BEANE PORTLAND OFFICE

JOANE TAIT BRUNSWICK OFFICE

JOHN RANCO PORTLAND OFFICE

JAN KOVARIK KENNEBUNK OFFICE

JOANNE MOORE DAMARISCOTTA OFFICE

JON LEAHY BRUNSWICK OFFICE

JANET MOORE NORTHEAST HARBOR OFFICE

JOHN COLLINS BRUNSWICK OFFICE

JUDY MCGEORGE NORTHEAST HARBOR OFFICE

JESSICA HEAGLE PORTLAND OFFICE

JOHN MCCARTHY BRUNSWICK OFFICE

SWAN BRUNSWICK OFFICE

KALEB

MEET THE AGENTS

KALI

KATE JACKSON CAMDEN OFFICE

KRISTIE JORGENSEN BRUNSWICK OFFICE

KATHY LEEMAN DAMARISCOTTA OFFICE

KRISTIN HEAL CAMDEN OFFICE

KELLY BARRY PORTLAND OFFICE

KIMBERLY VEILLEUX PORTLAND OFFICE

KRISTI JACOBY NORTHEAST HARBOR OFFICE

PRATT PORTLAND OFFICE

KRISTINA KEANEY PORTLAND OFFICE

LAURA ABRAHAM PORTLAND OFFICE

LAURA BLAKE DAMARISCOTTA OFFICE

LAURA FARR NORTHEAST HARBOR OFFICE

MEET THE AGENTS

LESLIE TRANCHELL CAMDEN OFFICE

LOIS LENGYEL PORTLAND OFFICE

LINDA JONAS NORTHEAST HARBOR OFFICE

LORI ALEXANDER PORTLAND OFFICE

LINDA MACDONALD PORTLAND OFFICE

MARIA WEYMOUTH CAMDEN OFFICE

LINDA PAINTER DAMARISCOTTA OFFICE

MARIKA ALEXIS CLARK KENNEBUNK OFFICE

LAURA PELLERANO NORTHEAST HARBOR OFFICE

MARY JO CROSS PORTLAND OFFICE

MELISSA MCKERSIE PORTLAND OFFICE

MAYA ODLIN PORTLAND OFFICE

MEET THE AGENTS

NICOLE RICHARDSON NORTHEAST HARBOR OFFICE

PETER VAN DER KIEFT CAMDEN OFFICE

MICHELE PEREJDA PORTLAND OFFICE

MILES GEISLER DAMARISCOTTA OFFICE

PRESTON ROBISON PORTLAND OFFICE

MICHAEL KEVIN LYNCH CAMDEN OFFICE

RALPH SMITH PORTLAND OFFICE

RANDY MILLER DAMARISCOTTA OFFICE

RENEE BURCH PORTLAND OFFICE

RYAN FITZGERALD PORTLAND OFFICE

RYAN MACGLASHING CAMDEN OFFICE

SANDRA WENDLAND PORTLAND OFFICE

MEET THE AGENTS

SANDY SHAPIRO-HURT PORTLAND OFFICE

SUSAN ALLEN NORTHEAST HARBOR OFFICE

SCOTT DOBOS PORTLAND OFFICE

SUSAN DESGROSSEILLIERS PORTLAND OFFICE

SHANNON RICHARDS PORTLAND OFFICE

SUSAN PETERSON DAMARISCOTTA OFFICE

STEPHANIE BRANCH DAMARISCOTTA OFFICE

SUSIE SHAPIRO-LAIDLAW CAMDEN OFFICE

TAMMY RUDA PORTLAND OFFICE

TOM FIELD DAMARISCOTTA OFFICE

TOM KRUZSHAK PORTLAND OFFICE

TREVOR DODGE KENNEBUNK OFFICE

MEET THE AGENTS

VALERIE FOSTER CAMDEN OFFICE

WILL FULLER PORTLAND OFFICE

SOCIAL MEDIA

Over 96,000 Real Estate Spotlight subscribers.

Over 3,200,000 YouTube property video views.

Over 72,000 followers interested in Maine real estate.

At Legacy Properties Sotheby’s International Realty, we use social media to connect your home to our vast community of real estate intenders and influencers from across the globe. Social Media, like real estate, is about connecting people and cultivating relationships, which makes it the ideal tool for marketing your home.