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Luxe Riverfront Home in Coastal Maine Will Go to Highest Bidder at June 7 Luxury Auction

PR Newswire ·  Jun 5 01:44

BANGOR, Maine, June 4, 2024 /PRNewswire/ -- Those homebuyers looking for a quintessential New England getaway that embraces the natural beauty of the northeastern U.S. will not want to miss the upcoming luxury auction of a 10.5-acre, riverfront retreat in Penobscot, Maine. The property first hit the market asking $2.9 million, but will be sold to the highest bidder regardless of the price as part of a no-reserve auction scheduled for June 7 and managed by Platinum Luxury Auctions. The property owners hired the veteran luxury real estate auction house to conduct the sale in tandem with listing brokerage Better Homes and Gardens Real Estate, represented by agent Steven D. Shelton of The Masiello Group.

This waterfront property in coastal Maine will sell to the highest bidder at a luxury auction without reserve on June 7. It comprises 10.5 private acres with 600 ft of river frontage, a private dock and boating access to the Atlantic Ocean. Three living structures include a main residence, multipurpose studio and guest cottage. The property recently asked $2.9 million. Platinum Luxury Auctions is handling the sale for the property owner. Details at MaineLuxuryAuction.com.
The property's multipurpose studio offers 2,500 sf of living area. It includes a large, central space (shown here), two office/flex rooms, a bathroom and a large cellar for suitable wine, gardening or general storage. MaineLuxuryAuction.com.
The main residence's living room is bright and spacious, and features lofted ceilings, exposed wooden beams and smooth riverstone finishes. A catwalk with custom railings (shown at top) runs between the upper level's primary suite and a guest bedroom. MaineLuxuryAuction.com.
A lovely kitchen sits at the center of the main residence, and enjoys views of the river thanks to a wall of windows on the waterside of the home (partially shown). It is adjacent to an informal dining area and dry bar (left-of-center), family room with stone fireplace, formal dining, butler's pantry and office. MaineLuxuryAuction.com.
The property's three living structures include a 2-story main residence (center), oversized studio (right) and a charming guest cottage (upper middle; partially visible). The +10.5-acre parcel sits on the Bagaduce River in the town of Penobscot, just 45 mins south of Maine's Bangor Airport. MaineLuxuryAuction.com.

This waterfront property in coastal Maine will sell to the highest bidder at a luxury auction without reserve on June 7. It comprises 10.5 private acres with 600 ft of river frontage, a private dock and boating access to the Atlantic Ocean. Three living structures include a main residence, multipurpose studio and guest cottage. The property recently asked $2.9 million. Platinum Luxury Auctions is handling the sale for the property owner. Details at MaineLuxuryAuction.com.
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