M4L18,18 Merchants Point Drive

Deer Isle ME 04627

631620 sq. ft.

Land

Last sold for $475,000

Emily Wascholl, last sold this property on 07 October 2026 after 34 days on market.

Overview

''In every walk with nature, one receives far more than they seek.'' If the words of John Muir reflect your philosophy, this exceptional offering of 2 separate, undeveloped properties on Deer Isle should not be missed. The combined acreage provides the perfect blend of seclusion and convenience. Located between the villages of Deer Isle and Stonington with easy access to art galleries, restaurants, working waterfronts, and hiking trails. The first parcel of 6.9+/- acres features 244 ft of road frontage with generous depth on Rte.15, with flexibility for residential or commercial use, creating an ideal private entrance while presenting additional potential for future development. This parcel has been surveyed and partially staked for a right-of-way access to Merchant Point Rd. The second parcel of 7.6+/- acres features 1100 ft of protected shoreline on Merchant's Cove and Southeast Harbor, with an additional 405 ft on Crockett's Mill Pond. This parcel offers elevated terrain with views over Merchant's Cove and Southeast Harbor that provide exceptional building sites. Featuring water on three sides with beautiful Southern exposure, an enchanting forest filled with ferns, moss-covered ledges, and granite outcroppings, as well as an existing path along the Western edge. Enjoy the silence of your coastal sanctuary, interrupted only by the birds and the gentle sounds of the tide at your shore. Go for a morning paddle while watching eagles and ospreys along the shoreline, then end your day stargazing under the dark sky. This parcel has been surveyed with the shoreline setback staked and soil tested with a potential septic area identified. There is an architect schematic for home design available. Accessing this property will require developing a right-of-way from the first parcel. Whether you're envisioning a luxury waterfront estate, a multi-generational retreat, or an investment with future potential, opportunities of this scale and setting are increasingly rare.

Features

631620 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Deer Isle over the last 12 months, the estimated median property value of M4L18,18 Merchants Point Drive is $140k.

Median value

$140k

Estimated value range

$35k - $475k

Median days on market

175

Estimated value trend

-18%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Deer Isle. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for M4L18,18 Merchants Point Drive

2026

Sold

$475,000

07 Oct 2026 by Emily Wascholl, of NextHome Experience

Happy sellers in Deer Isle

We have insufficient information to provide an overview of customer satisfaction for Deer Isle. Viewing the agent profiles, reviews and sales for Deer Isle can provide insights for this location.