Significant Sales 2022

2022 ANNUAL REVIEW

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With access to more than 3,500 miles of Atlantic oceanfront, 6,000 lakes and ponds, and mountains with world-class skiing, Legacy Properties Sotheby’s International Realty is uniquely positioned to help you find your dream home in Maine. Simply put, we have the premier portfolio of Maine real estate and waterfront properties for sale.

Dear Friends,

It is with great pleasure and pride that we share Legacy Properties Sotheby’s International Realty’s most significant sales for 2022. Despite more challenging market conditions and a complex economic backdrop, 2022 was an extraordinary year for our clients. We feel so fortunate to have represented both buyers and sellers in closing nearly $850 million in sales for the year.

As you will see in the following pages, over 50% of our sales involved beautiful properties exceeding $1 million in value. We continue to help our clients buy and sell special properties at all prices and are proud to present each of our listings with incredible photography, the latest technology, unparalleled luxury branding, and a unique global marketing strategy through our affiliation with Sotheby’s International Realty.

For 2022 our average sale price was $890,000 and we ranked #1 in Maine for all waterfront property sales, all sales over $650,000, and every category thereafter. In most cases, we were in first place by a significant margin. For example, Legacy Properties Sotheby’s International Realty ranked #1 in Maine for sales over $1 million, closing 70% more in sales volume than our next closest competitor.

For several years, there has been a flight to quality as buyers and sellers seek a competitive advantage and the best possible representation in the marketplace. There is little doubt that our hands-on, white-glove service model combined with a broad geographic footprint in Maine and New Hampshire has helped our clients succeed in achieving their real estate goals.

While we are less than three weeks into 2023, it is clear that this year will have

its own set of challenges and exciting opportunities. Historically, the Maine winter is a quiet time for property owners and prospective buyers, but this year is off to a strong start. Buyer demand is quite strong and unflappable in the face of a shortage in new listing inventory. The shadow market of prospective listings for the spring is mounting and highly anticipated, and our dedicated agents are on high alert to ensure that our buyer clients are getting the best possible information on a real-time basis. Legacy Properties Sotheby’s International Realty has developed a comprehensive internal communication system that prepares our agents to be ahead of the curve in delivering results.

We thank you for your support and for allowing us to be a part of your real estate journey. It has been a year for all of us to be thankful for our collective success and appreciative of the hard work and dedication that go along with serving our beautiful communities in Maine and New Hampshire.

Best wishes for a happy, healthy, and prosperous 2023.

Sincerely,

COVER: 12 Surfside Avenue Cape Elizabeth, Maine Sold $ 3,530,000

ABOVE: 135 Hartview Cirlce Orland, Maine Sold $8,250,000

SIGNIFICANT SALES

* Properties marked by an asterisk indicate a top three sale in that town.

“Floating Boulder” Lakefront Wilderness Estate Sells for Record-Breaking $8,250,000

We are proud to announce we closed on the highest sale in our 17-year history with our agents representing both the sellers and buyers. The one-of-a-kind lakefront estate on 483 acres in Orland, known as “Floating Boulder,” sold for $8,250,000 with agent Elizabeth Banwell representing the sellers and agents Anne Bosworth and Andrea Pellechia representing the buyers. The property is also the highest lakefront sale in Maine this year, and the eighth-highest residential sale and second-highest lakefront sale in state history.

“This is such a special property and so fitting that it sets a new record as the highest sale price in our company history,” says Chris Lynch, President and Founder of Legacy Properties Sotheby’s International Realty. “Our access to the many global advertising venues available to us through our affiliation with Sotheby’s International Realty was extremely valuable in creating awareness of this incredible real estate and lifestyle opportunity in Maine.”

The rare private wilderness retreat includes 1.5 miles of water frontage along Craig Pond, one of Maine’s clearest and deepest lakes. At the heart of the property is a 6,500-square-foot award-winning retreat, landscaped and built by Maine’s top talent, Nate Holyoke Builders, architect Will Winkelman, and Richardson & Associates Landscape Architects. Unique amenities include an outdoor shower built into a cliff, a hammock grotto, a suspension footbridge leading to the swimming rock at the shoreline, and custom-built natural stone features including fireplaces and the outdoor hot tub and grill area. The landscape is defined by stunning topography and dramatic geologic formations, including two mountains, spectacular cliffs, and a mature forest.

Editorial features included a profile in the Wall Street Journal and a cover story in the Maine Home + Design August issue, where the home was described as a “Woodland Wonder” in the stunning 12-page spread. “It’s a phenomenal piece of land, like a miniature national park,” said landscape architect Todd Richardson of the property.

“I love that such an unusual property that is off the beaten path received this worthy distinction as the highest sale in our company’s history,” says Elizabeth Banwell, the Legacy Properties Sotheby’s International Realty agent who represented the sellers of this extraordinary property. “Some luxury buyers are looking for traditional summer colonies like Kennebunkport, Northeast Harbor, and Cape Elizabeth, for example. Floating Boulder is different, although also in close proximity to Mid Coast destinations like Blue Hill, Mount Desert Island, Belfast, and Camden. When you are there, you bring your family and friends and make your own fun.”

“The property as a whole is unique, and with that comes a big responsibility and commitment to 483 acres and the oversight of its land and water,” explains Banwell. “For instance, the water from Craig Pond is of such high quality, cold, and deep, that it is used to feed the neighboring Craig Brook National Fish Hatchery, a federal hatchery that functions as a conservation hatchery for the last remaining natural populations of Atlantic salmon in the US for seven river-specific brood stocks. The seller even inventoried all the trees on the property, and managed and protected the forest canopy. Using bioacoustic monitors, he monitored the health of the forest tracking songbirds, bats, and frogs. When a stand of beech trees died, he replaced them with four acres of American Chestnut trees. Floating Boulder also looks over at Great Pond Mountain Wildlands, the land trust that has conserved 4,500-plus acres of land. This property offers luxury in the form of the opportunity to enjoy and protect forest habitat and clean water. Ultimately, it took a buyer who got the vision and spoke the same ‘love language’ as the seller, and has dedicated himself to the conservation of the special landscape.”

“The buyer’s commitment to conservation, and the fact that he ‘got it’ immediately, was the currency that sealed the deal for my clients. It was like the best kind of love at first sight. All the pieces of the whole made absolute sense and there was no maybe, only a resounding yes.”

“It’s an honor to work at Legacy Properties Sotheby’s International Realty, and I am grateful for the quality of the people I work with and the support provided in so many facets, in Maine, nationally, and globally, to assist our clients,” adds Banwell.

“We are so pleased with the great result for both the buyer and seller in this recordbreaker sale,” adds Chris Lynch. “We look forward to breaking more records in the future!”

Our Kennebunk Office Represented 4 of the Top 10 2022 York County Sales

Seacoast Online, home of the Portsmouth Herald newspaper, highlighted the Top 10 Highest Priced York County Maine Homes Sold in 2022 and we are proud to report that we represented four of the ten top sales. It will come as no surprise that the number one spot was taken by an oceanfront home in Kennebunkport on coveted Ocean Avenue.

271 Ocean Avenue, Kennebunkport, Maine Sold for $6,900,000

The top sale of the year in 2022 was our very own 271 Ocean Avenue in Kennebunkport, represented by our agents Bill Gaynor and Ashley O’Neil. With a significant 1.6-acre waterfront lot on Ocean Avenue and over 200 feet of owned oceanfront, the location of this property is likely the reason why this was the top sale in York County in 2022. With ocean views from nearly every room, a pool on the edge of the Atlantic, and even a private tennis court, this property is the epitome of Kennebunkport luxury.

1 Sandy Point Lane, Kennebunk, Maine

Sold for $6,250,000

The second-highest sale in York County was 1 Sandy Point Lane in Kennebunk, part of the Cottages at Seagrass Lane community at the east end of Gooch’s beach and nestled at the mouth of the Kennebunk River. Our agent Ashley O’Neil represented the buyers in this transaction.

18 Nehoc Lane, Kennebunkport, Maine

Sold for $5,925,000

The third-highest sale in York County in 2022 was 18 Nehoc Lane in Kennebunkport, represented by Ashley O’Neil and Bill Gaynor. This extraordinary 5,868-square-foot property features five ensuite bedrooms, six bathrooms, and four fireplaces, and includes exclusive amenities like a scenic association runabout dock, waterfront pool, and tennis court.

20 Aldis Lane, York, Maine

Sold for $4,150,000

Also in the top ten was 20 Aldis Lane in York, represented by our agent Ginny Whitney. The significant 1.74-acre oceanfront lot includes 198 feet of owned waterfront and a coveted York Harbor address.

SIGNIFICANT SALES

* Properties marked by an asterisk indicate a top three sale in that town.

YARMOUTH * 51 MEETING HOUSE FARMS ROAD - Sold $7,000,000

Anne Bosworth, Portland Office | 207.233.3175 | [email protected]

KENNEBUNK * 1 SANDY POINT LANE - Sold $6,250,000

Ashley O’Neil, Kennebunk Office | 203.219.1421 | [email protected]

CAPE ELIZABETH * 18 SMUGGLERS COVE ROAD - Sold 4,000,000

Anne Bosworth, Portland Office | 207.233.3175 | [email protected]

Andrea Pellechia, Portland Office | 207.831.0447 | [email protected]

FALMOUTH * 20 TOWN LANDING ROAD - Sold $3,750,000

Andrea Pellechia, Portland Office | 207.831.0447 | [email protected]

SOUTHPORT * 14 PARTRIDGE PATH - Sold $3,500,000

Stephanie Branch, Damariscotta Office | 207.751.4093 | [email protected]

YARMOUTH * 214 SPRUCE POINT ROAD - Sold $3,470,000

Alexa Oestreicher, Portland Office | 207.329.9307 | [email protected]

BAR HARBOR * 65 SHORES ACRES ROAD - Sold $2,950,0000

Legacy Properties Sotheby’s International Realty | 207.780.8900 | [email protected]

YARMOUTH 797 PRINCES POINT ROAD - Sold $2,776,000

Alexa Oestreicher, Portland Office | 207.329.9307 | [email protected]

YORK 101 NUBBLE ROAD - Sold $2,505,000

Legacy Properties Sotheby’s International Realty | 207.780.8900 | [email protected]

FALMOUTH 29 FOX RUN - Sold $2,497,000

Andi Robinson, Kennebunk Office | 207.604.2479 | [email protected]

Elaine Prendergast, Kennebunk Office | 207.604.0449 | [email protected]

YARMOUTH 57 SANDY POINT ROAD - Sold $2,350,000

Linda MacDonald Associates, Portland Office | 207.749.1215 | [email protected]

CUMBERLAND 307 FORESIDE ROAD - Sold $2,325,000

Preston Robison, Portland Office | 207.671.4914 | [email protected]

OGUNQUIT * 52 WILDERNESS WAY - Sold $2,250,000

Randal Simon, Kennebunk Office | 207.590.9656 | [email protected]

Rosane Hirschy, Kennebunk Office | 207.467.5792 | [email protected]

BREMEN * 7 & 16 PERIWINKLE POINT - Sold $2,200,000

Dennis Duggan, Brunswick Office | 207.522.3747 | [email protected]

PORTLAND 361 DANFORTH STREET - Sold $2,140,000

Sandra Wendland, Portland Office | 207.233.7788 | [email protected]

PORTLAND 9 BOWDOIN STREET - Sold $2,000,000

Elise Kiely, Portland Office | 207.838.1050 | [email protected]

CAPE ELIZABETH 12 LITTLEJOHN ROAD - Sold $1,950,0000

Anne Bosworth, Portland Office | 207.233.3175 | [email protected]

Kelly Barry, Portland Office | 207.671.6333 | [email protected]

BOOTHBAY * 20 TWO RIVERS LANE - Sold $1,950,0000

Brian Wickenden, Camden Office | 207.975.9650 | [email protected]

BRISTOL 27 CLIFF ROAD - Sold $1,863,000

Miles Geisler, Damariscotta Office | 207.380.6007 | [email protected]

FALMOUTH 8 MAYFLOWER ROAD - Sold $1,765,000

Elise Kiely, Portland Office | 207.838.1050 | [email protected]

CUMBERLAND FORESIDE 34 FORESIDE ROAD - Sold $1,760,000

Heather Shields, Portland Office | 207.596.4050 | [email protected]

HARPSWELL 15 SEA SPOT - Sold $1,750,000

Alexa Oestreicher, Portland Office | 207.329.9307 | [email protected]

BRISTOL 338 PEMAQUID HARBOR ROAD - Sold $1,691,718

Cristina Stirratt, Damariscotta Office | 773.910.0359 | [email protected]

FALMOUTH 14 LADYSLIPPER LANE - Sold $1,650,000

Sandra Wendland, Portland Office | 207.233.7788 | [email protected]

BOOTHBAY 43 PORTER POINT WAY - Sold $1,650,000

Brian Wickenden, Camden Office | 207.975.9650 | [email protected]

YARMOUTH 408 ELM STREET - Sold $1,580,000

Linda MacDonald Associates, Portland Office | 207.749.1215 | [email protected]

ROME * 323 MOUNTAIN DRIVE - Sold $1,575,000

Brian Wickenden, Camden Office | 207.975.9650 | [email protected]

CHEBEAGUE ISLAND * 50 CARTERS POINTROAD - Sold $1,505,000

Heather Shields, Portland Office | 207.596.4050 | [email protected]

PORTLAND 158 ISLAND AVENUE - Sold $1,505,000

Heather Shields, Portland Office | 207.596.4050 | [email protected]

PORTLAND 24 HAMMOND STREET - Sold $1,500,000

Adam Zimbalist, Portland Office | 347.522.1554 | [email protected]

KENNEBUNK 7 CHASE HILL ROAD - Sold $1,500,000

Randal Simon, Kennebunk Office | 207.590.9656 | [email protected]

YORK 21 LOBSTER COVE ROAD EXTENSION - Sold $1,500,000

Dawn Belliveau, Kennebunk Office | 617.429.7243 | [email protected]

KENNEBUNK 87 BOOTHBY ROAD - Sold $1,499,900 Rosane Hirschy, Kennebunk Office | 207.467.5792y | [email protected]

SOUTH PORTLAND 37 SHIP CHANNEL ROAD - Sold $1,465,000

Emilie Cole, Portland Office | 207.467.5792 | [email protected]

FALMOUTH 35 WOODLANDS DRIVE - Sold $1,450,000 Heather Shields, Portland Office | 207.596.4050 | [email protected]

WINDHAM 264 SMITH ROAD - Sold $1,419,000

Sandra Wendland, Portland Office | 207.233.7788 | [email protected] Kristina Keaney, Portland Office | 207.756.0475 | [email protected]

FALMOUTH 22 PROVIDENCE AVENUE - Sold $1,405,000

Andi Robinson, Kennebunk Office | 207.604.2479 | [email protected]

ROCKPORT 11 CHURCH STREET, UNIT 8 - Sold $1,395,000

Annemarie Ahearn, Camden Office | 207.200.4830 | [email protected]

STOCKTON SPRINGS * 41 LIGHTHOUSE ROAD - Sold $1,389,000

Kristin Heal, Camden Office | 207.542.8890 | [email protected]

CUMBERLAND 6 OLE MUSKET - Sold $1,350,000

Linda MacDonald Associates, Portland Office | 207.749.1215 | [email protected]

KENNEBUNKPORRT 0 IVY LANE - Sold $1,350,000

Betsy Coughlan, Kennebunk Office | 207.229.3661 | [email protected]

DAMARISCOTTA * 37 WATER STREET - Sold $1,345,000

Dennis Duggan, Brunswick Office | 207.522.3747 | [email protected]

Ian Duggan, Brunswick Office | 207.522.8090 | [email protected]

GRAY * 62 STILL RIDGE - Sold $1,320,000

Ryan Fitzgerald, Portland Office | 207.317.2354 | [email protected]

SCARBOROUGH 21 BURNHAM ROAD - Sold $1,300,000

Heather Shields, Portland Office | 207.596.4050 | [email protected]

WINTER HARBOR * 127 W OVAL - Sold $1,300,000

Janet Moore, Northeast Harbor Office | 207.266.0441 | [email protected]

YARMOUT LOT 22 KINDRED WAY - Sold $1,290,000

Heather Shields, Portland Office | 207.596.4050 | [email protected]

TREMONT 8 BRADANA ROAD - Sold $1,259,500

Carroll Fernald, Northeast Harbor Office | 207.266.1540 | [email protected]

CUMBERLAND FORESIDE 124 FORESIDE ROAD - Sold $1,250,000

Linda MacDonald Associates, Portland Office | 207.749.1215 | [email protected]

FALMOUTH 1 MEDINAH CIRCLE - Sold $1,249,000

Heather Shields, Portland Office | 207.596.4050 | [email protected]

FALMOUTH 6 WALCOTT AVENUE - Sold $1,200,000

Alexa Oestreicher, Portland Office | 207.329.9307 | [email protected]

PORTLAND 62 INDIA STREET, UNIT 205 - Sold $1,200,000

Emilie Cole, Portland Office | 207.467.5792 | [email protected]

SCARBOROUGH 17 TENNEY LANE - Sold $1,200,000

Anne Bosworth, Portland Office | 207.233.3175 | [email protected]

Andrea Pellechia, Portland Office | 207.831.0447 | [email protected]

YARMOUTH 43 KINDRED WAY - Sold $1,200,000

Heather Shields, Portland Office | 207.596.4050 | [email protected]

BETHEL 548 NORTH ROAD - Sold $1,200,000

Renee Burch, Portland Office | 207.228.5054 | [email protected]

WESTPORT ISLAND * 22 MCCARTY COVE ROAD - Sold $1,185,000

Connie Moss, Damariscotta Office | 207.671.0117 | [email protected]

CUMBERLAND 38 PEACEFUL WAY - Sold $1,102,380

Heather Shields, Portland Office | 207.596.4050 | [email protected]

FREEPORT 25 SHERWOOD DRIVE - Sold $1,087,500

Kristina Keaney, Portland Office | 207.756.0475 | [email protected]

FALMOUTH FORESIDE 4 FINNEGANS WAY - Sold $1,075,000

Heather Shields, Portland Office | 207.596.4050 | [email protected]

KENNEBUNK 61 FLETCHER STREET - Sold $1,025,000

Michele Perejda, Portland Office | 207.400.6227 | [email protected]

FALMOUTH 1 PADDINGTON PLACE - Sold $1,000,100

Melissa McKersie, Portland Office | 207.776.8390 | [email protected]

DEER ISLE 683 SUNSHINE ROAD - Sold $1,000,000

Laura Farr, Northeast Harbor Office | 207.3481200 | [email protected]

SAINT GEORGE 63 PATRICIA LANE - Sold $1,000,000

Shannon Richards, Portland Office | 207.605.2055 | [email protected]

KINGFIELD * 33 WINTER HILL STREET - Sold $940,000

Dennis Duggan, Brunswick Office | 207.522.3747 | [email protected]

WATERVILLE * 15 STREAM VIEW DRIVE - Sold $800,000

Joane Tait, Brunswick Office | 207.751.4124 | [email protected]

ISLE AU HAUT * 1580 MAIN ROAD - Sold $800,000

Chris Stone, Kennebunk Office | 207.229.3661 | [email protected]

THOMASTON* 34 DUNN STREET - Sold $730,000

Cindy Lang, Camden Office | 207.542.7876 | [email protected]

ALNA * 579 EGYPT ROAD - Sold $730,000

Stephanie Branch, Damariscotta Office | 207.751.4093 | [email protected]

EDGECOMB* 194 SHORE ROAD - Sold $726,000

Joane Tait, Brunswick Office | 207.751.4124 | [email protected]

ORLAND * 1 LAKESIDE WAY - Sold $700,000

Colin Harvey, Damariscotta Office | 207.615.4991 | [email protected]

MINOT * 38 JEFFREY ROAD - Sold $615,000

Tammy Ruda, Portland Office | 207.831.3164 | [email protected]

SAINT ALBANS * 104 COTTA LANE - Sold $525,000 Legacy Properties Sotheby’s International Realty | 207.780.8900 | [email protected]

SEARSMONT * 128 POND ROAD - Sold $525,000 Susan Shapiro-Laidlaw, Camden Office | 207.841.5428 | [email protected]

HEBRON * 305 GREENWOOD MOUNTAIN ROAD - Sold $510,000 Michele Perejda, Portland Office | 207.400.6227 | [email protected]

MONTVILLE * 31 CEMETERY ROAD - Sold $482,000 Susan Shapiro-Laidlaw, Camden Office | 207.841.5428 | [email protected]

SUMNER * 136 DAMON ROAD - Sold $415,000 Marika Clark, Portland Office | 07.671.6927 | [email protected]

SEBOOMOOK TOWNSHIP * 69 SALMON POINT RUN - Sold $311,250 Kristin Heal, Camden Office | 207.542.8890 | [email protected]

REAL ESTATE EXPERTS IN EVERY MARKET

The Sotheby’s International Realty network is comprised of more than 26,000 sales associates, over 1,000 offices, and 81 countries and territories worldwide. Our listings are marketed on the sothebysrealty.com global website and on local affiliate websites across the world in the markets from which our buyers are coming. This global exposure not only affords our listing clients the widest possible distribution to the highest number of qualified buyers, but it allows all of our clients access to the most experienced and accomplished real estate experts in whichever town, city, or country they may have needs.

PORTLAND

Greater Portland and Cumberland County 2 City Center Portland, Maine 04101 207.780.9800

KENNEBUNK

Southern Maine and York County 150 Port Road Kennebunk, Maine 04043 207.967.0934

BRUNSWICK

Midcoast, Cumberland, Lincoln, and Sagadahoc Counties 141 Maine Street Brunswick, Maine 04011 207.729.2820

DAMARISCOTTA

Midcoast, Lincoln and Sagadahoc Counties 170 Main Street Damariscotta, Maine 04543 207.563.2775

CAMDEN

Midcoast and Islands, Knox and Waldo Counties 46 Bay View Street Camden, Maine 04843 207.230.1003

NORTHEAST HARBOR

Hancock and Washington Counties 6 Neighborhood Road Northeast Harbor, Maine 04662 207.780.8900

SERVING COASTAL MAINE AND THE NEW HAMPSHIRE SEACOAST