Beautifully sited on the shores of Penobscot Bay, this exceptional property offers two year-round waterfront residences with expert craftsmanship and refined finishes throughout. Ideal as a private family compound, multi-generational retreat, or investment property with an established rental history. Set on 5.2 peaceful, well-landscaped acres with 550 feet of private shoreline, the property includes easy access to a sandy beach and a private pond. Both homes are well designed and sit high above the water, but with sweeping ocean views from throughout the living spaces. The main residence features two bedrooms, including a first-floor primary suite, two full baths, and an attached garage, and is thoughtfully designed for one-level living. Distinctive architectural details include leaded-glass transom windows, a compass rose inlay, and custom built-ins. Sun-filled interiors blend modern farmhouse warmth with relaxed coastal style. An expansive rear deck extends the living space outdoors. There is additional detached and heated two-car garage featuring an indoor/outdoor kennel and a dedicated cat boarding area and easily adapted for a home-based business or workshop/ studio space. Completed in 2023, the guest/carriage house offers two ensuite bedrooms and a welcoming open-concept layout. Proven as a successful short-term rental, it is fully turnkey and income-producing. Amenities include a covered patio, outdoor shower, heat pumps, and a whole-house generator. An exceptional opportunity to own a private waterfront compound in Midcoast Maine with great proximity to Camden, Belfast, Bangor, and the Acadia region.