25 Southside Rd
New Harbor, ME 04554

The above stated price is the tax assessed value and a place holder only. The lender reserves the right to bid at the auction. Real Estate Foreclosure Auction 25-43 - The Moorings Lodging Complex w/ Harbor Views - 9-Rental Units, Indoor Pool, Tennis Courts, 10.36+/- Acres - 25/43 Southside & 4 Penniman Roads, New Harbor, Maine - The auction will be postponed to Monday, August 4, 2025 at 11AM at 43 Southside Road. Borrower has filed Bankruptcy and the auction will be adjourned to the above referenced date. Please contact the office prior to attending to confirm whether the auction will be conducted on this date. - The Moorings at New Harbor is a well-established Mid-Coast Maine lodging complex overlooking picturesque New Harbor and the Atlantic Ocean. The location is central to the New Harbor Village, Pemaquid Beach, Lighthouse and other local attractions. The water view complex has 9-rental units made up of quaint single family homes, and Victorian and Colonial apartments. Amenities include an indoor pool, tennis courts, billiards room, gardens, and an office. The land consist of (3) contiguous parcels totaling 10.36+/- acres with 295+/- ft. of frontage on Southside Road, 175+/- ft. of frontage on Leeman Hill Road, and 275+/- on Penniman Rd. All parcels will be sold together as an entirety. - 25 Southside Road Reference Tax Map 21, Lot 77, .50+/- Acres - The Gatehouse - Circa 1924 Bungalow (1,384+/-SF) with 3-bedrooms including large master bedroom w/ king bed and sitting area on the first floor and (2) single bedrooms on the upper level. There is 1-bathroom, a living and dining area, kitchen with stainless steel appliances, and a large deck. The Billiards room is located adjacent to the Gatehouse. - 43 Southside Road Reference Tax Map 21, Lot 72, 7.7+/- Acres - Colonial Apartment Building - Circa 1874 remodeled in 1989 with (3) apartment units (4,126+/-SF). (2) 2-bedroom, 1-bath units, (1) 1-bedroom, 1-bath unit, vaulted ceilings on 3rd level, nicely appointed kitchens, living room with skylights, deck and stone patios. - The Sylvan - Newer construction cape style home (1,500+/-SF) with open layout, large brick fireplace, living, kitchen area with vaulted ceilings on upper level. Large water view deck. - The Poolside - One building houses the in-door heated swimming pool for use by guests. The other building has a 700+/-SF unit with 1-bedroom in 4-season solarium, 1-bath, kitchen, and living/dining area. There is a large extensive deck system connecting to the pool house. - 4 Penniman Road Reference Tax Map 21, Lot 76, 2.16+/- Acres - The Brackett - Circa 1895 Victorian home apartment (1,035+/-SF) with 2-bedrooms, 1-bath, kitchen, living and dining area, gas fireplace, and deck with water views. - The Monhegan - Circa 1895 Victorian home penthouse apartment (1,035+/-SF) with 2-bedrooms, 1-bath, kitchen, living and dining area, gas fireplace, and deck with water views. - The Barn - Circa 1895, carriage house attached to The Brackett (986+/-SF) with 1-bedroom, 1-bath, kitchen, living, dining area, and deck with water views. - Preview: CANCELLED - Monday, March 31, 2025 starting at 10AM at 43 Southside Road. - Buyer Broker Participation Available. Contact Auctioneer For Qualifications and Form. - Terms:A $25,000 deposit to bid (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to Demerle & Associates P.C., with balance due and payable within 30 days from date of auction. Buyer will be responsible for an auction fee of 5% of the purchase price to be paid at the time of closing. All other terms will be announced at the public sale. For a Property Information Package contact the auctioneers office and request by auction #25-43. Richard J. Keenan #236. Our 53rd Year and 8,746th Auction.