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187 Five Islands Rd, Georgetown, ME 04548
About this home
Discover this rare 6 unit apartment building situated on 5 acres in the charming town of Georgetown. This multifamily property features four 2-bedroom and two 1-bedroom apartments, each equipped with full baths and individually metered electricity. Current rents are well below market and all tenants are month to month. Every unit boasts views of the Back River, providing a serene backdrop for daily living. Wildlife abounds with regular sightings of deer, moose, geese and all the marsh has to offer. Enjoy the outdoors from your private deck, perfect for grilling and watching the sunset over the water. With a prime location just 12 minutes from Bath, this property offers both tranquility and accessibility. Don't miss out on this exceptional investment opportunity—schedule your viewing today!
Redfin Estimate
Market trends in 04548, ME
Last updated July 2026
Buyer's Market
Seller's Market
Balanced market
Provided by Redfin
Sale history for 187 Five Islands Rd
$140/sq ft
$143/sq ft
Tax history for 187 Five Islands Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Features: Paved, 11 - 20 Spaces
Interior
- Bathroom Information
- # of Baths (Full): 6
- Basement Information
- Basement Entry: Interior Entry, Walk-Out Access, Full
- Interior Features
- Interior Features: 1st Floor Bedroom, Storage
- Flooring: Carpet, Tile, Vinyl
- Laundry Information
- Laundry Features: Washer Hookup
Exterior
- Building Information
- Construction Materials: Wood Frame
- Foundation Details: Block
- Roof: Composition, Shingle
- Total Stories: 4
- Total Building Area (Sq. Ft.): 5,544
- Exterior Features
- Patio & Porch Features: Deck
- Property Information
- Year Built: 1984
- Above-Grade Finished Area (Sq. Ft.): 5,544
- Lot Information
- Lot Size (Sq. Ft.): $222,156
- Lot Size (Acres): 5.1
- Lot Size Source: Public Records
- Lot Features: Near Public Beach, Near Shopping, Near Town
- Road Surface Type: Paved
- Zoning: RP, LR
- Waterfront Information
- Waterfront: Yes
- Water Body Name: Back River
- Water Body Type: Cove, River
- Water View: Yes
Financial
- Tax Information
- Annual Tax Amount: $3,566
- Tax Year: 2023
Utilities
- Utility Information
- Has Heating
- Heating: Hot Water
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Utilities On: Yes
- Water Source: Private
- Water Heater: Off Heating System
Location
- Multi-Unit Information
- # of Units Total: 6
- # of 1 Bedroom Units: 2
- # of 2 Bedroom Units: 4
- Operating Expense: $21,993
- Gross Income: $48,600
- Unit 1 Information
- # of Baths (Full): 1
- # of Bedrooms: 2
- # of Rooms: 4
- Actual Rent: $850
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 2 Information
- # of Baths (Full): 1
- # of Bedrooms: 2
- # of Rooms: 4
- Actual Rent: $850
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 3 Information
- # of Baths (Full): 1
- # of Bedrooms: 1
- # of Rooms: 3
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: Third
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 4 Information
- # of Baths (Full): 1
- # of Bedrooms: 2
- # of Rooms: 4
- Actual Rent: $850
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 5 Information
- # of Baths (Full): 1
- # of Bedrooms: 1
- # of Rooms: 3
- Actual Rent: $700
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: Third
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 6 Information
- # of Baths (Full): 1
- # of Bedrooms: 2
- # of Rooms: 4
- Actual Rent: $800
- Dedicated Electric Meter: Yes
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- School Information
- High School District: Georgetown Public Schools
- Location Information
- Unparsed Address: 187 Five Islands Road, Georgetown, ME 04548
- Directions: Rte 1 to 127 South onto Arrowsic Road, 5.5 miles to 187 Five Islands Road on the right.
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: 5.1 acres
- Style: Other
- Year Built: —
- Year Renovated: —
- County: Sagadahoc County
- APN: 1136203
Around this home
Schools
Public PreK-6 • Assigned • 3.0mi
Public PreK-8 • Assigned • 6.6mi
Public 9-12 • Assigned • 6.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Estimated 80%+ chance of a flood reaching the building in the next 30 years
0.15% chance of being in a wildfire in next 30 years
7 days above 85° expected this year, 19 days in 30 years
63% chance of strong winds in next 30 years
2 unhealthy days expected this year, 2 days in 30 years
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Nearby similar homes
New listings for sale in 04548
Home values near 187 Five Islands Rd
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1010 Sq. Ft. | $474,393 |
4 Beds | 3 Baths | 3074 Sq. Ft. | $652,822 |
| Address | Redfin Estimate |
|---|---|
3 Beds | - Baths | 1600 Sq. Ft. | — |
1 Beds | 1 Baths | 324 Sq. Ft. | $341,376 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1056 Sq. Ft. | $335,948 |
5 Beds | 2 Baths | 1669 Sq. Ft. | — |
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