Here’s a rare investment opportunity that combines rental income, natural beauty, and future growth potential—all in one versatile waterfront property located on the scenic Black Stream in Levant, Maine. Offered via online auction, this multi-unit property features three mobile homes and a vintage Airstream trailer, all set on a wooded lot with direct stream frontage.
Whether you’re an experienced investor looking to expand your portfolio, someone seeking a live-and-rent setup, or a developer with an eye for future potential, this property offers a compelling blend of charm and income-generating value. Just a short drive from Bangor and central Maine amenities, this peaceful retreat provides the ideal balance of rural tranquility and convenient access. The property’s location along the picturesque Black Stream makes it a sought-after setting for tenants who appreciate nature, wildlife, and a quiet lifestyle near the water. The combination of rental-ready units and the serene outdoor environment enhances both the immediate and long-term appeal of this investment.
At 37 Island Farm Road, the primary mobile home is currently occupied and generating $1,000 per month in rent, delivering instant cash flow to its next owner. This unit is spacious and ideal for long-term tenants, providing a solid foundation for your income strategy. At 35 Island Farm Road, a smaller mobile home is rented on a month-to-month basis at $500 per month to a reliable tenant, offering flexibility while still adding passive income. Meanwhile, 38 Island Farm Road is occupied under a recorded life estate, meaning the property is currently in use but holds future rental or redevelopment potential—making it a stable long-term asset. Perhaps the most unique aspect of the property is the inclusion of a vintage Airstream trailer.
Though it needs some restoration, the possibilities are exciting. Whether you envision transforming it into an Airbnb guest suite, a stylish weekend getaway, or an additional rental unit, this Airstream could add even more versatility and income to the property. The entire property will be sold through an online auction, with bidding starting at the list price. The auction begins July 17 at 12:00 p.m. and closes on July 24 at 12:00 p.m. All bidding will be conducted online, and interested buyers must register and review the Property Information Package (PIP) and Broker FAQ to understand the full scope of the offering and auction terms.
These documents are available by request or through the listing broker. It’s important to note that this property is being sold under the direction of the U.S. Bankruptcy Court, Middle District of Florida, Ft. Myers Division (Case No: 8:25-bk-00309-FMD). As such, all procedures, legal documentation, and terms of sale are detailed in the official auction materials. Potential buyers are strongly encouraged to conduct their due diligence and review all relevant information before bidding. This is more than just a property purchase—it’s an opportunity to acquire an income-producing asset with water frontage, diverse rental components, and development potential, all in one of Maine’s most accessible and scenic areas.
Whether you’re looking to generate steady rental income, create a vacation rental hub, or hold for future resale value, this property provides flexibility and upside that are hard to match. With its combination of rental-ready units, a unique vintage trailer, and peaceful surroundings along Black Stream, this property stands out as a smart and exciting option for investors, developers, or anyone seeking a multifunctional piece of real estate. Don’t miss your chance to bid on this one-of-a-kind auction offering—opportunities like this don’t come around often, and this property is ready for someone with vision to unlock its full potential.
