BLUE HILL, Maine — With an asking price of $4.4 million, Ken Fox’s summer home is sumptuous.
The 1940 federal-style mansion is on 13.1 acres, has five fireplaces, a two-car garage, an estate barn, in-ground pool and a lovely view of Blue Hill Harbor. Yet it’s been on the market for two years.
“Lots of people have seen the house. Everybody says, ‘I can’t believe it hasn’t sold. If I had any money, I’d be buying it tomorrow,’ that kind of thing,” Fox said recently. “Undoubtedly, from a marketing perspective, it would go quicker if the house was on Mount Desert Island.”
When it comes to the highest of high-end properties in coastal Hancock County, Mount Desert Island is likely the first place to come to mind, particularly Bar Harbor and Northeast Harbor.
But the Blue Hill Peninsula, just west of MDI, has its share of estates that rival those on the better-known island in a real estate market that attracts a different kind of individual, according to Fox and real estate broker Steve Shelton, who sells properties both on MDI and the Blue Hill Peninsula but is not handling the sale of Fox’s property.
“Blue Hill is very artistic in my opinion. A lot of social activities and art-related things go on there, especially for people of status who like to do those kind of things,” Shelton said.
Some sale prices on Blue Hill’s mansions rival MDI’s. But elegant homes on MDI generally go for more than those in Blue Hill, he said.
One Blue Hill estate Shelton sold, on Larchwood Lane, went for $2.8 million last December. The Old Yacht Club on Old Yacht Club Road sold for $1.1 million in June for use as a residential home despite needing considerable renovations, Shelton said.