A Very Unique Real Estate Purchase

Fulfilling a dream to someday live "off the grid", Kevin and Rebecca Kelly of Starkville, Mississippi -- with the assistance of Waterfront Properties of Maine -- recently completed the purchase of the easternmost piece of privately held real estate in the continental United States.

Abutting the West Quoddy Head Lighthouse at the Northeastern tip of the coast of Maine, the 10 acre parcel they purchased has views of the Atlantic Ocean and across Passamaquoddy Bay to Campobello Island, Canada.

Historically significant for many reasons, the construction of the West Qouddy Head Lighthouse was authorized by Thomas Jefferson in 1806.

Campobello Island is best known as the site of the summer residence of Franklin D. and Eleanor Roosevelt, who had a "cottage" there. This property has since been made into a park and is visited by tens of thousands of visitors each year.

Kevin Kelly is a graphic designer who owns Pixel Pushers Design Studio. Rebecca is Assistant Professor of Graphic Design at Mississippi State University.

They plan to eventually build their new home on this spectacular property.

Les Taylor, of Waterfront Properties of Maine, helped the Kellys locate this property and acted as the Buyer's Broker in this transaction.

Maine Bucks the Trend !!!

While most of the rest of the country is experiencing a continued slump in the real estate market, sales and prices of Maine's single family homes rose over 4% in July. The Maine Association of Realtors reports that 4.26% more homes sold this July when compared to July 2006. Not only did sales increase, but the median sales prices increased 4.74%. A total of 1,247 homes sold during July 2007, up from last July's sales of 1,196 homes. The median sales price reached $199,000 -- a 4.74% increase from July 2006's price of $190,000. Nationally, sales of existing, single family homes dropped 9.3% from July 2006.. According to NAR, the national median sales price dipped 1%.