Tbd Standpipe RoadDamariscotta, ME 04543Price: $399,000

Fox Hollow Estates - Approved 8-Lot Subdivision or Exceptional Private Estate in Damariscotta, Maine A rare opportunity to own approximately 23.5± acres in one of Midcoast Maine's most desirable communities. Whether your vision is an approved 8-lot residential subdivision, a private family compound, or a spectacular estate surrounded by nature, Fox Hollow Estates offers exceptional flexibility in an outstanding location. More than 70% of the property remains forested, creating a peaceful setting featuring mature trees, moss-covered granite ledge, and protected open space--all just minutes from downtown Damariscotta. The property has been approved for eight residential lots, offering large, private wooded homesites with generous building envelopes. Public water is available through the Great Salt Bay Water District, with individual septic systems planned. There may also be potential for Accessory Dwelling Units (ADUs) on individual lots, subject to town approval and septic capacity, creating additional flexibility for future owners and developers. Significant pre-development work has already been completed, helping reduce both development timelines and upfront costs. Improvements and planning include subdivision approvals, engineering and construction documents for the main road, a construction access road and staging area, electrical service, and underground conduit for future utility distribution. Conveniently located just minutes from downtown Damariscotta, Fox Hollow Estates provides easy access to restaurants, shopping, healthcare, marinas, the Maine coast, and U.S. Route 1. With approximately 23.5± acres, an approved 8-lot subdivision, substantial infrastructure work already completed, and a highly desirable Midcoast Maine location, Fox Hollow Estates presents an exceptional opportunity for developers, builders, investors, or those seeking to create a remarkable private estate or family compound.