This quintessential Maine oceanfront ''get away'' awaits your arrival. The private drive through its 5ac leads you straight to ''Sunset Cove'' cottage & its 230ft of sunset filled waterfront along Grand Marsh Bay which leads you to West Bay & Gouldsboro Bay & beyond. Built in 2004 and fully updated in 2020, this home has been very well-maintained over the years. Most recently, upgrades & improvements to the property include; a nicely appointed full-bath w/ water view window was added to the upstairs, a whole-house Generac back-up electrical system installed, new high-quality 10x16 utility shed, new whole-house Rinnai propane heater, all new beds, bedding, furniture, flat-screen TV's, firepit w/ lounge chairs, Ring security and Starlink internet hardware installed and ready to connect. This home is well-insulated & capable of year-round living or year-round rentals. It features a first floor bedroom, full bath and kitchen that opens to water view filled dining and vaulted ceiling living room areas which both lead out to an expansive composite deck with table & chairs for outdoor dining and lounge chairs for taking in the saltwater breezes. Upstairs you'll find the brand new bathroom, a large bedroom and quaint open loft space, currently set up as an additional sleeping space, but could easily accommodate a home office, reading nook , yoga or exercise space or child's play area or any other use you'd prefer. There's also a full, dry basement with washer/dryer, extra storage space, potential extra living space if desired and, bulkhead for easy access when needed. This lovely property conveys fully furnished and completely ''bring your toothbrush'' turn-key ready. This location provides nearby access to Corea Village, Prospect Harbor, Winter Harbor and all the beauty of Schoodic Point or even a short ferry ride to Bar Harbor and all that Acadia National Park has to offer. This property has a great rental history if desired or keep it all for yourself to enjoy.
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Market trends in 04607, ME
Last updated July 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
98.1%
+3.9% MoM
Median sale price
$290K
$61K MoM
Avg. days on market
15d
90 days MoM
Recently sold homes
3
1 MoM
Provided by Redfin
Sale history for 542 Grand Marsh Bay Rd
Date
Event
Price
MREIS #1602344
Oct 15, 2024
Sold
$520,000
$358/sq ft
Sep 1, 2024
Listed
$520,000
$358/sq ft
MREIS #1553687
Apr 28, 2023
Sold
$475,000
$327/sq ft
Mar 10, 2023
Listed
$495,000
$341/sq ft
+29
This is the Maine coastal dream! 230 feet of private oceanfront with granite beach + 5 acres + spacious 2 bedroom + loft/1 bathroom cottage. At the end of a private lane through your own woodlands, you'll discover ''Sunset Cove'' cottage. Built in 2004 by a local craftsman known for quality, and fully updated since 2020, this tastefully furnished home is ideal as a summer getaway, investment property (gross income of $37K/yr) or year-round home. Enjoy exceptional water views from every room in the house or from the newly built expansive deck perched above the water's edge. The lower level features an open concept kitchen, dining/living with two separate sliding glass doors to the deck. Upstairs, you'll find a separate second bedroom as well as a large loft area. The house can easily sleep 6-8. The home is heated and well-insulated making year-round living an option. There's a full basement offering ample storage as well as a brand new washer + dryer. Come enjoy the sweet sounds and smells of Maine nature, whether exploring your private forest or kayaking in solitude on tranquil Grand Marsh Bay. Just a few miles to Schoodic Point, a picture- perfect public beach and the quaint villages of Prospect Harbor and Corea. Easy access to Winter Harbor for the ferry to Bar Harbor/ Acadia National Park. Move-in ready awaiting its next owner to experience the Maine dream.
Year
Property tax
Land + Additions
Assessment*
2025
$1,726 (+6.2%)
$32,600 + $111,200
$143,800
2024
$1,626 (+3.4%)
$25,600 + $87,300
$112,900
2023
$1,572 (+13.7%)
$25,600 + $87,300
$112,900
2022
$1,383 (+19.5%)
$25,600 + $87,300
$112,900
2021
$1,157 (−1.9%)
$25,600 + $87,300
$112,900
2020
$1,180 (+3.6%)
$25,600 + $87,300
$112,900
2019
$1,139 (+10.7%)
$25,600 + $86,600
$112,200
2018
$1,029 (+3.8%)
$25,600 + $86,200
$111,800
2017
$991 (+2.3%)
$25,600 + $85,800
$111,400
2016
$969 (+3.9%)
$25,600 + $85,300
$110,900
2015
$933 (+8.0%)
$25,600 + $84,800
$110,400
2013
$864
$25,600 + $83,100
$108,700
Tax history for 542 Grand Marsh Bay Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,726 (+6.2%)
$32,600 + $111,200
$143,800
2024
$1,626 (+3.4%)
$25,600 + $87,300
$112,900
2023
$1,572 (+13.7%)
$25,600 + $87,300
$112,900
2022
$1,383 (+19.5%)
$25,600 + $87,300
$112,900
2021
$1,157 (−1.9%)
$25,600 + $87,300
$112,900
2020
$1,180 (+3.6%)
$25,600 + $87,300
$112,900
2019
$1,139 (+10.7%)
$25,600 + $86,600
$112,200
2018
$1,029 (+3.8%)
$25,600 + $86,200
$111,800
2017
$991 (+2.3%)
$25,600 + $85,800
$111,400
2016
$969 (+3.9%)
$25,600 + $85,300
$110,900
2015
$933 (+8.0%)
$25,600 + $84,800
$110,400
2013
$864
$25,600 + $83,100
$108,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
Accessibility Features: 32 - 36 Inch Doors
Door Features: Storm Door(s)
Window Features: Double-Pane Windows
Flooring: Vinyl, Tile, Carpet
Other Equipment: Internet Access Available, Generator, Air Radon Mitigation System
Exterior
Building Information
Construction Materials: Wood Siding, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Shingle
Total Building Area (Sq. Ft.): 1,452
Building Area Source: Seller
Exterior Features
Patio & Porch Features: Deck
Other Structures: Shed(s)
Property Information
Property Sub Type: Single Family Residence
Security Features: Security System
Year Built: 2004
Above-Grade Finished Area (Sq. Ft.): 1,452
Green Energy Efficient: Thermostat, Dehumidifier
Lot Information
Lot Size (Sq. Ft.): $217,800
Lot Size (Acres): 5
Lot Size Source: Survey
Lot Features: Well Landscaped, Open, Level, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Town
Road Surface Type: Paved
Zoning: Shoreland
Waterfront Information
Waterfront: Yes
Water Body Name: Grand Marsh Bay
Water Body Type: Bay, Ocean
Water View: Yes
Subdivision Information
Subdivision Name: None
Financial
Tax Information
Annual Tax Amount: $3,669.12
Tax Year: 2024
Utilities
Utility Information
Has Heating
Heating: Direct Vent Heater
Electric: Circuit Breakers
Sewer: Septic Tank, Private Sewer, Septic Design Available
Water Source: Well, Private
Water Heater: Gas
Location
HOA Information
Pets Allowed: No Restrictions
School Information
High School District: RSU 24
Location Information
Unparsed Address: 542 Grand Marsh Bay Road, Gouldsboro, ME 04607
Directions: US Hwy 1 to Rt 195 to end. Take left and then immediate right onto Corea Rd towards Corea village. Follow to Grand Marsh Bay Rd on left Stay on Grand Marsh Bay Rd which bears to the left. Follow to #542 on left. Welcome Home!
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.6 acres
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Hancock County
APN: 524877
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Peninsula School
Public PreK-5 • Assigned • 2.9mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 85° expected this year, 16 days in 30 years
6/10 Wind Factor
72% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Gouldsboro, ME • 04607
Average low and high temperatures (°F)
28
14
32
14
41
26
50
35
61
45
71
53
76
60
76
57
70
52
59
43
47
34
34
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 7.4 hours in
June and 3 hours in December, placing it below the
U.S. average for solar exposure.
7.4 hrs
3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$419,000 – $507,000
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