Mainebiz

V O L . X X I V N O. X V I I A U G U S T 6 , 2 0 1 8 12 B U S I N E S S M A I N E B U S I N E S S M A I N E B U S I N E S S N E W S F RO M A RO U N D T H E S TAT E Join us on Tuesday, August 28 for the USM Leadership Summit Learn how to create a culture that will ensure you not only attract and keep great people, but also inspire them to become highly engaged and productive employees. Keynote speaker: Mark C. Crowley Author of "LEAD FROM THE HEART" R E G I S T E R AT: usm.maine.edu/conferences TUESDAY, AUGUST 28 | USM HANNAFORD HALL | 7:30AM – 10:30AM MEDIA SPONSOR: Registration includes networking breakfast and a copy of the book "LEAD FROM THE HEART" An island inn hits the market at $1.975 million B y L a u r i e S c h r e i b e r I s l e a u H a u t — The Keeper's House Inn, six miles off the mainland on Isle au Haut, is on the market for $1.975 million. The 2,500-square-foot structure, on two acres with 700 feet ocean frontage, dates to 1907, when it was built as the keeper's house for the island's light- house. The property is on the National Register of Historic Places. Located at 99 Lighthouse Road, the property includes a four-bedroom keeper's house, two-bedroom guest house, two sleeping cabins, boathouse and deep water dock. The property is offered either as an inn or summer residence. "It's pretty unique," said listing broker Jamie O'Keefe, who is with the Knowles Co. in Northeast Harbor. The seller is Marshall Chapman, an associate professor of geology at Morehouse State University in Morehead, Ky., and a longtime summer resident. "He knows this will probably take a little time to sell because it's so unique, so he decided now is the time to put it on the market," O'Keefe said. Stepping back in time The potential buyer pool, he said, could include someone who either wants to use the property as a unique summer home or who likes the idea of running an inn on a remote island. It might be someone who has ties to Maine or Isle au Haut, or somebody from Boston, New York City or some other big city who wants to get away from the rat race. "What this has going for it is that it's so quiet and beautiful," he said. "It's one of the most beautiful properties in Maine, I think. It's sort of breathtak- ing — the rock-bound coast, the views, the feeling of seclusion. It's almost like stepping back into time." The house is simple, architecturally, with features like a hand-carved stair- case and big windows. It's in turnkey condition. O'Keefe has already gotten a couple inquiries, including one from someone out-of-state looking to retire to Maine and possibly run an inn. The lighthouse structure is not part of the sale; it is owned by the town of Isle au Haut. The light itself, automated in the 1930s, is maintained by the U.S. Coast Guard. Well-oiled operation Chapman, who spoke to Mainebiz by phone from the island, said the house was home to the first keeper's family of nine children and the second keeper's family of 10. It functioned as a keeper's house until around World War II, when it sold into private hands. It was later owned by the Greenlaw family, until 1986, when Jeff and Judith Burke purchased it and renovated it into an inn. The Burkes sold it to Chapman in 2012. "It was in great shape when I bought it," Chapman said. "Jeff and Judy kept it up quite well. I kept the inn the same way the Burkes had it. We're off the grid. We make our own water. We make our own power with solar panels and a diesel generator and batteries in the basement." B R I E F P H O T O / C O U R T E S Y T H E K N OW L E S C O. The Keeper's House Inn on Isle au Haut is on the market for $1.975 million. The 2,500-square-foot structure, on two acres with 700 feet ocean frontage, dates to 1907, when it was built as the keeper's house for the island's lighthouse. It's listed on the National Register of Historic Places. ©UBS 2016. All rights reserved. UBS Financial Services Inc. is a subsidiary of UBS AG. Member FINRA/SIPC. 31.00_Ad_4.375x5.5_MH0520_TenS Is it better to leave the kids everything? Or nothing? Values. Work ethic. Responsibility. Some gi s our families pass on to us aren't measured in dollars. The inheritance discussion can be complicated, but it's needed to reduce conflict, resolve issues and prepare your heirs. We can help you begin a conversation about inheritance planning, family relationships and the responsibilities that come with family wealth. Family Wealth Management Partners UBS Financial Services Inc. One City Center, 7th Floor Portland, ME 04101 866-791-5512 ubs.com/team/fwmp For some of life's questions, you're not alone. Together we can find an answer.

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