Sit back and enjoy an aerial tour of beautiful Cape Elizabeth Maine. Visit us here to learn more about what Cape Elizabeth has to offer, from gorgeous homes and beautiful scenery, to entertainment and outdoor activities galore, including the world famous Portland Head Light:http://www.legacysir.com/eng/localguide/cape-elizabeth-me-usa
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Catch a bird’s eye view of Yarmouth Maine like you have never seen before and stay tuned for more aerial tours of the beautiful State of Maine.
Catch a bird’s eye view of Harpswell Maine like you have never seen before and stay tuned for more aerial tours of the beautiful State of Maine.
Catch a bird’s eye view of Kennebunk and Kennebunkport Maine like you have never seen before and stay tuned for more aerial tours of the beautiful State of Maine.
Catch a bird’s eye view of Portland Maine like you have never seen before and stay tuned for more aerial tours of the beautiful State of Maine.
This immaculately renovated saltwater farm sits on over 8 acres of beautiful grounds with mature trees and 1800′ of ocean frontage. A classic Victorian, this North Haven gem has high-end appliances, state-of-the-art equipment and a handsome garage with additional space and lots of potential.
The tranquil location and shore frontage offer a haven for wildlife and an ideal environment for exploring, relaxing or gathering clams and mussels. Enjoy expansive field and water views from the large deck or upper balcony.
A little about North Haven:
North Haven, one of Maine’s fourteen un-bridged island communities, lies in Penobscot Bay approximately twelve miles from the mid-coast city of Rockland. It is served by a Maine Department of Transportation ferry making three round trips a day from Rockland. The island’s ferry link is of course dependent on the whims of wind and tide.
North Haven is an island town proud of its traditions, its independence, its treasured natural beauty and its unique community of twelfth generation natives, fourth (as well as first) generation seasonal residents, retired and pre-retired baby boomers, maverick spirits, new arrivals, young year-round families, old bachelors, reconstructed hippies, young farmers, not-so-young Grangers, artists, sailors, artisans, fishermen, ne’er-do-wells, boat-builders, babies, politicians (of past, present and future renown), actors, makers-of-many-things, brides, romantics and curmudgeons. There is overlap among these categories.
North Haven is a magical place on the coast of Maine. To read a little bit about the history, please visit here:
Over 3,000 square feet of new perfection. Turnkey, architect designed and built home with the highest quality of finishes. 4/5 bedrooms, 3.5 baths, fireplace and garage all with bold ocean views. Radiant heat throughout. Move in, sit down and enjoy. Superb location.
There has been a great deal of discussion regarding the impact of the 3.8% tax increase associated with the Health Care Reform Act. It is actively discussed as, and rumored to be, a transfer tax on all real estate transactions. While there is a tax increase provision of this bill scheduled to take effect on January 1, 2013, it is not a Real Estate Transfer Tax!
The National Association of Realtors has provided both a comprehensive brochure complete with several comprehensive scenario analyses and a question and answer video which sheds more factual detail on the specific impact of this tax increase on real estate.
It is the position of the National Association of Realtors that 97% of home sales in the United States will not be impacted by this tax increase. A few key points:
- The purpose of the new 3.8% tax increase is to help sure up shortfalls in Medicare.
- The tax will only apply to individuals who earn more than $200,000 a year and couples who earn more than $250,000 per year.
- Eligible sales of primary residences will still be able take advantage of the $500,000 capital gains exclusion. The tax would only apply to gains above that threshold.
- Capital gains on investment properties or second homes may be subject to this tax should ones income exceed the limits above.
- As with all tax issues, you should consult a financial professional to analyze your personal tax situation.
At Legacy Properties Sotheby’s International Realty, we recognize that our clients will likely be more impacted than the national average. Approximately 50% of our sales relate to second home transactions. Our client base often exceeds the income levels specified in the bill. We also have a very strong presence in selling homes that have been owned for multiple generations with a very low cost basis resulting in a significant capital gain upon closing. While we are not pleased with the impact of this tax on our clients, we are comforted by the many attributes which make Maine one of the greatest real estate values on the eastern seaboard. The lifestyle gain enjoyed by our friends and neighbors in Maine will go a long way to offset the impact of this legislative change.
To read more, click here.
Video Link: http://www.youtube.com/watch?v=V6Kzpf4ltGU
Situated on the private peninsula of Cundy’s Point, Seaglass Cottage offers unparalleled views facing east toward Rogue Island and Casco Bay, a private beach, deep water frontage, guest house and immaculate custom designed main home built to impeccable standards. Other features of the property include a screened-in porch, large deck areas, four fireplaces, large wooded home site, gourmet kitchen and outdoor shower.
This finely crafted custom home offers exquisite detail, quality craftsmanship and views of Casco Bay. The home features 14 rooms including a mahogany library, gourmet kitchen, formal dining and a great room with a custom stone fireplace, as well as fabulous outdoor entertaining space. The exquisite master suite offers a lovely sitting area with fireplace, a private balcony with ocean views, his and her closets and a beautiful marble bath.
The home also features 3 additional spacious bedrooms, a craft/exercise room, and fabulous guest or in-law space which includes a bedroom, living room, and full bath with the potential for a kitchenette. Wonderful mudroom, large laundry room, and a fabulous walk-in pantry are just a few additional amenities.
The grounds are professionally landscaped with stone walls and patios, an in-ground heated gunite pool, pool house, three season porch and a carriage house. The carriage house offers heated storage for 4 vehicles as well as 1200 sf of additional living space including a bathroom. This wonderful home offers privacy and fabulous views!