Twenty new townhomes on the Boothbay peninsula ready for immediate occupancy!
Newly Priced Starting at $299,500
All units cost $530,000 to develop; private subsidy is available to all qualified buyers, based on household size and income, to make their final purchase price affordable. See price list for more information.
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The Homes
Each new townhome condominium features two bedrooms, one full bathroom plus a half-bath, private yard space, parking for 1+ cars, and energy efficient heating and cooling systems.
Complete homeowner document packages are available by request.
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To Qualify
Each home will be priced on a sliding scale to be affordable to buyers making no more than 120% of the Area Median Income. Local banks can help potential owners navigate the mortgage qualification and application process. A mortgage is required. Down payment assistance is available to those that qualify. All buyers of properties in this development must agree to affordability covenants that will ensure the home is sold to future income-eligible buyers. Potential buyers who present BRDC with a mortgage pre-qualification letter and commit to completing a home buyer education course may reserve a home.
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Home Buyer Education
All purchasers of homes in this development must complete an approved Maine hoMEworks Homebuyer Education course. Click the link below to explore virtual and in-person class options.
Contact us with questions.
Emily McConnell, Listing Broker
emily@vitalius.com
(207) 323-2333
PO Box 491 East Boothbay, ME 04544

