Categories: BusinessUSA

An abandoned 19th-century ‘ghost mansion’ in a sleepy town is on the market for a cool $80,000: ‘Can anyone save this house?’

A dilapidated mansion built more than a century ago has hit the market for just $80,000 — but it needs major restoration work.

The 4,305-square-foot, six-bedroom home sits in a quiet corner of Frankfort, Maine, and was built in 1864.

The house, however, remained vacant for years, and times got tough after the previous owner planned to restore it as a bed and breakfast.

His death in 2022 saw the property pass to a relative, who is now ready to sell the historic property.

Plagued by water damage and structural deterioration, the home was recently labeled a “ghost house” by a suspicious resident.

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The 4,305-square-foot, six-bedroom home sits in a quiet corner of Frankfort, Maine, and was built in 1864.

The house, however, remained vacant for years, and fell on hard times after the previous owner planned to restore it as a bed and breakfast.

“Can someone save this house?” wrote the local resident, sharing the ad on a community Facebook page.

“It’s a total job,” real estate agent Suzanne Chase added of the home in an interview Friday with the Bangor Daily News.

Two days earlier, she told Fox ABC Maine while standing outside the dilapidated home: “This is the only one left in this architectural design.”

To save it, “we would first have to repair the roof,” she said, citing the “funnel” of water “that puts all the rain on the third, second, first floor and even the basement.”

“Fix the roof and everything else will follow,” she said, conceding that such an undertaking would be both costly and time-consuming.

The asking price of $79,900 reflects that, she said.

The announcement adds that “the materials used and the craftsmanship are still vaguely visible, but decades of abandonment and lack of maintenance have left their mark.”

The historic estate is listed as an “old beauty that is currently in need of a massive cleaning (and) extensive renovations and repairs.”

The house is listed for $79,999

His death in 2022 caused it to pass to a relative, who is now ready to sell it.

The list adds that “the materials used and the craftsmanship are still vaguely visible (,), but decades of abandonment and lack of maintenance have left their mark.”

Billing the historic estate as an “old beauty,” the listing further states that the home is “currently in need of a massive cleaning, followed by extensive renovations and repairs.”

Plagued by water damage and structural deterioration, the home was recently labeled a “ghost house” by a suspicious resident

To save it, “we would first have to fix the roof,” said the real estate agent selling the property – a task that would be both costly and time-consuming.

A tour of the property by Chase and Fox ABC Maine showed some of the damage inside the home, including sagging ceilings and graffiti.

The exterior, meanwhile, has fared a little better over the years, but is in desperate need of a fresh coat of paint — not to mention some home improvements.

“You know, it’s a story,” said Michele Christle, who lives next door to the 160-year-old house built by famed shipwright Franklin Treat.

Located down the street, she said: “When I tell people where I live, they always ask me: what’s going on with this house?”

Besides an architecture that recalls a bygone era, the house also has a certain history.

Treat, a Maine shipbuilder and merchant, had it designed by Boston architect Calvin Ryder, Christle told the Bangor Daily News — citing features like a mansard-style roof and a foundation made entirely of granite attached to a nearby mountain.

Also commissioned were a grand staircase, plaster moldings and arched windows, which still exist today.

The shipwright then sold his creation to Louisa T. Peirce, the wife of the late granite baron George Albert Peirce. From there, it changed hands several times before being abandoned for more than two decades.

“It’s a total ground-up job,” real estate agent Suzanne Chase added of the home in an interview Friday.

“You know, it’s a story,” said Michele Christle, who lives next door to the 160-year-old house built by famed shipwright Franklin Treat. “When I tell people where I live, they always ask me what’s going on with that house.”

A tour of the property by Chase and Fox ABC Maine showed some of the damage to the interior of the home.

Also commissioned were a grand staircase, plaster crown moldings and arched windows, which still exist today.

The exterior, meanwhile, has fared a little better over the years, but is in desperate need of a fresh coat of paint — not to mention some home improvements.

Potential buyers will therefore have to assess whether the deal is worth the inevitable project that comes with it – a considerable undertaking for anyone, according to Chase.

It was at this point that it came into the possession of the last buyer, Dana Geel.

The eldest did what he could for the residence, regularly organizes garage sales within its walls and on his porch as he worked to turn it into an inn.

“We would often say, ‘Oh, it’s been abandoned for 20 years, but now you can come in,’” Christle recalls of those visits.

“And people loved it.”

But Dana died and the house had to be abandoned again, falling into even greater disrepair.

Potential buyers will have to weigh whether the deal is worth the inevitable project that comes with it — a considerable undertaking for anyone, Chase says.

Meanwhile, the house remains in its place at 9 Main Rd. South, looking more strange than welcoming.

“Currently in need of a massive cleaning and then extensive renovations and repairs, this 4,300 square foot historic icon could offer up to six bedrooms and as many bathrooms with its three floors,” the new listing warns.

“Bring your safety shoes, your flashlight and your conservation visions!”

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