Under $500K Investment Properties for Sale in Ellsworth, ME
214- 3 Bed
- 1 Bath
- 1228 sft
426- 3 Bed
- 2 Bath
- 1556 sft
268- 3 Bed
- 2 Bath
- 792 sft
261- 3 Bed
- 2 Bath
- 792 sft
Why Invest in Ellsworth, Maine?
Ellsworth, Maine offers compelling opportunities for real estate investors seeking properties under $500k in a secondary market experiencing steady growth. The region benefits from infrastructure investments and positioning as a vacation rental hotspot, with vacation properties in Maine forecasted to appreciate 8-12% annually through 2026. Residential markets show moderate but stable growth of 4-6% annually, driven by remote workers and professionals relocating from expensive metropolitan areas. Limited housing inventory—approximately 30% below historical averages—creates structural support for property values and rental demand. Properties under $500k capture both vacation rental potential during peak seasons and year-round residential appeal.
Frequently Asked Questions
Ellsworth serves as a gateway to Mount Desert Island and Bar Harbor, Maine's premium vacation markets. Properties under $500k can generate 12-15% annual rental yields during peak summer seasons while maintaining year-round residential appeal, capturing both vacation and long-term rental demand.
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