Listed by The Boulos Company Portland
$9,500,000
Queen Anne's Revenge
Details
APN Map 104, Lot 185, Map 104, Lot 186
Property Type Hospitality
Sub Type Hotel
Square Footage 16,841
Units 32
Beds 31
Tenancy Single
Class B
Year Built 1885
Year Renovated 2021
Buildings 2
Stories 3
Acreage 0.890
Zoning Downtown Residential
Parking Spaces 32 spaces
Parking Per SqFt 1.90
Investment Type Value Add
Ownership Fee simple
High-ADR Boutique Hotel Opportunity
Marketing description
The Queen Anne's Revenge represents a branding and operational value-add opportunity with the scale of a boutique hotel and the "feel" of a high-end bed & breakfast. Against the backdrop of recent hotel development moratoriums, this modernized asset with updated building and mechanicals allows an investor to buy into a premier location and increase the value of their equity through targeted guest-facing renovations, brand building, and expansion of food & beverage business. By elevating the property's brand identity and optimizing its digital presence, a new owner can capture greater market share in Bar Harbor's high-end boutique hospitality segment.
Investment highlights
- Fee simple interest in the 31-key Queen Anne's Revenge, a unique nautical-themed boutique hotel located in the heart of downtown Bar Harbor
- Diversified accommodation mix featuring a blend of traditional guestrooms and private cottage-style suites, catering to high-spend leisure travelers and multi-night families
- Lush, campus-style grounds offering a secluded "estate" feel that stands out in Bar Harbor's increasingly dense core
- Offered unencumbered by franchise agreement or management, providing optionality for third-party management or a high-touch owner-operator model
- Recent renovations to building and mechanicals allow for opportunity to drive increased rates through investment in guest-facing amenities, furniture, and fixtures.
- Exceptional "High-Barrier" market as Bar Harbor's strict zoning and lodging moratoriums effectively cap new inventory, supporting long-term value appreciation
- Sited along quiet side road off Cottage Street, maintaining walkable access with a private setting
- Anchored by access to Acadia National Park, located less than two miles from the Hulls Cove Visitor Center, capturing demand from 4 million+ annual park visitors
- Walking distance to waterfront and Bar Harbor Pier, the primary terminal for high-frequency ferry services and seasonal cruise ship tenders (subject to local ordinances)
- Bar Harbor continues to lead Maine's hospitality sector, with Mount Desert Island (MDI) consistently commanding some of the highest ADRs in the state during the June–October peak
- Robust recovery and growth momentum, with 2025 visitor spending in the Acadia region surpassing $900 million, a trend expected to accelerate through 2026/2027
- Diversified seasonal appeal, with "shoulder season" (May and October) RevPAR growth outpacing the traditional summer peak as remote work and "leaf-peeping" tourism expand the calendar
Listing Contacts
Listed by The Boulos Company Portland
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