Tucked off U.S. Route 1, a broad expanse of rolling farm field sweeps about a half mile to the tree line. The unspoiled view—blanketed in brilliant white these days, a delicate green soon—is maybe the best amenity of this developing 55+ community.
Eventually 32, cottage-style condominiums will be completed, ranging from 396 to 840 SF. They are perfectly located near many hiking and cycling trails, kayaking, beaches, Interstate-95 for day trips, The Maine Mall and downtown Portland, which has some of the best restaurants in New England.
In the cottages, which come in nine different floor plans with ADA accessible features, cathedral ceilings vault over open floor plans. Natural light streams over the modern flooring and finishes, which can be customized along with appliances and lighting. All of the units have a storage loft and full basement, as well as deeded parking for residents and guests. Association fees will take care of all landscaping and shoveling.
Developers Mark McClure, Ronnie Goddard and Paula Wallem have other real estate projects coming out of the ground as well as in the approval process in Southern Maine and Miami, Florida.
McClure, a Maine native, wanted a project that would add reasonably priced inventory to this highly competitive market and meet the needs of 55+ residents looking for quality construction. In the second-most expensive Maine county, this list price for a brand-new home should get extra attention for additional home seekers. With prices showing no signs of falling, especially in coastal towns, an investment at the Cottages could grow fast.
Occupancy begins this May. Learn more at cottagesatpinemeadow.com.
The Cottages at Pine Meadow are listed by Cash Wiseman of Keller Williams Realty, 50 Sewall St., Portland, ME, 04102. Please call or text Cash at 207-838-1870 or email cashwiseman@kw.com for a private tour of the community.
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