This $6M Maine Village Includes 1840s-Era House Formerly Occupied By A Sea Captain

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A 40-acre backstage colony successful Maine has returned to the marketplace with a $6 cardinal terms tag — astir 10% higher since it was past listed 5 years agone for $5.5 million.

The compound features 21 structures, including a restored 1825 church, a Greek Revival-style dwelling, antique barns and aggregate residential units, according to Realtor.com.

The dispersed besides includes a four-bedroom location from 1840, formerly occupied by a oversea captain, which underwent a afloat renovation past year. Despite the antique facade, the owners said that each the buildings are successful pristine shape, reducing superior expenditures often associated with historical properties.

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Sea captains' houses, communal successful New England, were built to bespeak the prestige and wealthiness of the mariners who owned them.

The village, known arsenic Tuthill and located successful Pittston, mimics the aesthetic of a historical New England settlement. It was created by the precocious Ken Tuttle, an antique enthusiast who wanted to physique a Maine-based mentation of the celebrated Sturbridge Village successful Massachusetts.

"Ken didn't acceptable retired specifically to bash this venture. It benignant of conscionable fell into his lap," listing cause Anna Boucher of Summit Real Estate, who owns the spot with her hubby Nathan Tuttle, told Realtor.com. "His archetypal gig was really hanging wallpaper and painting, and past helium saw these antique buildings and conscionable gravitated toward them."

While Tuthill inactive has 3 archetypal buildings, astir of the structures were transported to the tract successful the 1980s, saved from demolition and restored. Today, the colony is simply a diversified, income-producing asset.

"There are 7 residential units connected the spot that my hubby and I presently usage arsenic rentals," Boucher said.

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The $6 cardinal valuation is supported by respective chiseled value-add opportunities that could entreaty to organization oregon high-net-worth investors.

For example, the multibay garages could beryllium converted to showrooms for car collections. The property besides includes equestrian facilities with ample acreage to grow into nonrecreational boarding oregon grooming operations.