Private Island in Maine on Sale for $7.95M

PORTLAND, Maine (AP) —
island Maine
The 86-acre Hope Island. (Mainely Aerials Photography LLC/Scorpio Island Corporation via AP)

The listing agent for a private island that is on the market in Maine for $7.95 million says the property is attracting significant interest from buyers.

Developer John Cacoulidis bought 86-acre (0.13-square-mile) Hope Island in 1993 for $1.3 million. The island has a mansion, guest houses and a barn with workers quarters.

Real estate agent John Saint-Amour says he has received “dozens of calls and emails” about the island. He says he has also hosted a few showings and three more are planned for over the next week.

The island property is located in Casco Bay, about a 25-minute boat ride from Portland. It also has a 10-stall horse barn, a private chapel and a deep-water pier.

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