BAR HARBOR, Maine — Another wealthy seasonal Mount Desert Island resident, the second in three months, is suing his neighbors over a property dispute.
Reeve B. Waud, a private equity fund manager from Chicago who owns more than 300 acres on the island, is accusing San Francisco residents William and Nancy Kales of cutting trees on his property off Indian Point Road without his permission.
In September, billionaire Mitchell Rales filed a lawsuit against neighbors of his property in Northeast Harbor whom he claims have been gathering and lingering on his property without his permission. Rales argues in his lawsuit that access to a beach and wharf on his property is allowed only for traveling purposes and is restricted to pedestrian traffic on a specific path that follows the shore.
In Waud’s court complaint, he alleges that the Kaleses met with him in Chicago within the past year to ask if they could cut trees on his property to improve the view of Western Bay from their abutting property but that he explicitly denied their request. Attorneys representing Waud filed the complaint in the lawsuit Nov. 23 in Hancock County Superior Court.
“Despite such a clear refusal of their request, the lawsuit alleges that the Kales, or one of their agents, intentionally entered Mr. Waud’s property without permission and cut approximately 20 mature trees to improve their ocean view,” a spokesman for Waud indicated in a prepared statement that was released on the same day the complaint was filed in court. “Additional damage was caused to approximately 30 other trees.”
Waud’s real estate company, Deep Cove LLC, owns abutting properties off Indian Point Road in Bar Harbor and the neighboring town of Mount Desert that have assessed values totaling more than $7 million, according to information posted online in the town’s publicly accessible assessing databases. The property where the trees were cut is in Bar Harbor.
Waud is seeking unspecified monetary damages for the value of the trees that were cut on his property, for costs associated with repairing or replacing the trees and the loss of value to his property. He also seeks damages for the alleged trespass and destruction on his property, additional damages equal to the increase in value to the Kales property that resulted from the improved view, plus damages equal to twice the cost incurred in removing the trees and additional punitive damages.
Attempts on Monday to track down and contact William and Nancy Kales or someone who may be representing them were unsuccessful.
Waud, a member of the Reeve family, acquired the property from the Reeve Maine Realty Trust in 2012, according to the Mount Desert assessing database. The property, which includes almost 3 miles of coastline, has been owned by his mother’s side of the family for nearly 120 years, according to Waud’s spokesman.
Last winter, Waud began an extensive rebuilding project after demolishing the old Reeve family vacation home on the Mount Desert side of the property. According to an article in the Mount Desert Islander newspaper, the $10 million project is expected to include an indoor recreation facility with bowling alley and squash court, a single-family house, a guest residence and an outdoor pool.
Kim Keene, code enforcement officer for Mount Desert, said Monday that the project is ongoing and is expected to last for many more months.