425,000

Opportunity is the headline at 12 Pine Crest Acres. Built in 1997 on a full 1.0 +/- acre lot in Arundel, this three-bedroom, one-and-a-half-bath home offers 1,598 finished square feet above grade, plus roughly 400 square feet above the garage ready to finish as a bonus room, office, or studio. The first floor is built for gathering. The kitchen has a bar seating area that opens to an eat-in space for breakfast and casual meals, and the formal dining room can stay formal or become an office or den. An enclosed porch gives you a place for morning coffee out of the wind and the bugs, and the yard is fenced in. Laundry is on the first floor rather than down in the basement. Upstairs, the primary bedroom is generously sized with a walk-in closet. Now the transparency you deserve. Power is on. Water is currently shut off due to freeze damage; a plumber has assessed the system and completed a portion of the repairs, and details of that assessment are available on request. Mold requiring mitigation is present in two places: the sheetrock on the finished half of the basement, and the attic, where it traces back to the bathroom vent fan being improperly ventilated. Written remediation quotes are available for both. Every known issue here is out in the open, which is exactly what makes this such a strong candidate for a purchase-plus-improvements or rehab loan. Financed that way, the work can begin at closing and the home could be move-in ready within a few weeks. Location adds to the value. Kennebunk's Main Street is about 10 minutes away, with 50 Local, Duffy's Tavern, Boulangerie, the Brick Store Museum, Garden Street Bowl, and a Saturday farmers market in its third decade. Dock Square, Kennebunk Beach, Batson River Brewing, and the trails at Rachel Carson National Wildlife Refuge are all about 15 minutes out, and Vinegar Hill Music Theatre is right here in Arundel. I-95 access puts Portland roughly 30 minutes north. Bring your contractor and your imagination!