Under Contract, Showings Will Continue
Wolf Cove Inn
Poland, Maine
The Wolf Cove Inn is situated on the eastern shore of Tripp Lake in the Lakes Region of Maine.
Resplendent with gardens, pine groves, lawns and a sweeping shoreline, guests enjoy beautiful sunsets on nearly two acres with over 550 feet feet of private shorefront on the lake.
Walk more than 40 feet off the porch and your feet will get wet! Now that’s a true waterfront Maine inn.
The inn features 11 comfortable guest rooms, plus a beautiful cabin, all furnished with unique, Maine-style decorations. If guests want privacy or simply more space, the private Eagle’s Nest Cabin provides plenty of both. They even have select dog-friendly rooms so four-legged family members can come along for the ride!
Wolf Cove Inn has built a reputation for romantic, lakeside small weddings with a gorgeous backdrop for such a special occasion.
Homemade gourmet breakfasts are included with every guest stay, and their add-on dinner option includes salad, pizza and dessert for two at their “Tripp Lake Pizzeria”!
And how about something so unique as a romantic dinner for two, served in the inn’s boathouse?
There is an ever-changing variety of indoor and outdoor activities in the Maine Lakes Region and Poland, Maine. Each season brings unique ways to explore our extraordinary setting around the lakes and mountains of Maine. Learn more about top attractions in Maine and pick your adventure.
From hiking, biking, kayaking and canoeing, golfing, antiquing to dogsledding, showshoeing and skiing, and let’s not forget experiencing Maine’s constantly growing microbreweries and food scene! Day trips are easy from Wolf Cove Inn, making it easy to use the inn as home base and not live out of a suitcase from town to town!
Wolf Cove Inn made the Top Five Finalists for Down East Magazine “Best of Maine for 2021″ and was featured on the cover of “Inn Scene”, a Select Registry publication (right).
$3,495,000
WONDERING IF THE FINANCIALS FOR THIS 12 ROOM INN CAN SUPPORT THE PRICE?
Absolutely! With a cap rate of over 13%, this is one of the best performers on the market today. Wolf Cove Inn is THE destination for romantic getaways and vacations in this neck of the woods!
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History
While Wolf Cove Inn was born in 1996, the property itself dates back over 100 years. The owners were able to dig up this it of history:
In 1894, the Wolfs of Pennsylvania built a four bedroom “cottage” on the property as a summer home for the family. The Maine dining room and the current Winter Harbor Suite, Casco Bay Room and Penobscot Bay Room made up the rooms contained in the original building. A photo from the Poland Historical Society dating to the early 1940s depicts the original cottage. However a newspaper article from the Lewiston Evening Journal dated April 28, 1950 announces the sale of the “11 room Wolf Cove Estate” to the Cullen family of Lewiston. It is assumed that sometime during the 40s, further expansion occurred adding the current kitchen, foyer, office, garage and the spaces currently called the Acadia Suite, Moosehead Lake Room, Rangeley Lake Room and Sebago Lake Room.
After purchasing the estate in 1950, the Cullens, owners of a lobster shack in Lewiston, converted the estate into a restaurant. Lobster-Land On The Lake operated as a very popular restaurant for over 20 years. In 1963, Lobster-Land provided the locale for the filming of a scene from the episode “Same Picture, Different Frame” of the TV series Route 66. Joan Crawford appeared as guest star. The story goes that Glenn Corbett, one of the co-stars of the series, was a little full of himself vis-a-vis stardom. Joan Crawford took it upon herself, as a real star, to take him down a notch of two. Trivia alert! Some guest actors from two follow-on episodes were also at Lobster-Land but not in the episode. One was Lon Chaney Jr. The other? A little known young actor named William Shatner.
In 1970, Rose and Jim Aikman purchased Lobster-Land. They continued to operate the restaurant until 1971 when they decided to convert the property back to a private estate. In 1996, Rose decided she wanted to be an Innkeeper. And on July 4th, 1996, the seven room Wolf Cove Inn was born. Come 2000, Rose raised the roof and added the third floor where you now find the Sugarloaf, Mt Katahdin and Cadillac Suites as well as the Bigelows Room.
In December of 2013, Sue and Roy Forsberg purchased the Inn. Their vision for the Inn is to provide guests with a comfortable and quintessential Maine experience. Right away they began an intense four month long renovation of the Inn. In May of 2014, the Inn reopened. Sue and Roy were now Innkeepers! Additional renovations and upgrades have continued each year through the present day, including the building of the Eagle’s Nest Cabin in 2016 (pictured below).
At a Glance
Inn’s Website
Additional Property Photos
Download the Property Offering (includes floor plans)
Download List of Improvements
Wolf Cove on YouTube
General Property Data
- 5 Jordan Shore Drive, Poland, ME 04274
- Farmhouse style, built in 1894
- Lot size: 1.74 acres
- 553 feet of water frontage on Tripp Pond
- Shoreland, Limited Residential zoning
- Boathouse
- dock, kayaks, canoes and paddles with rack
- 473 road frontage on Jordan Shore Drive
- Map 32 Lot 1
- Book 8838 Page 112 Androscoggin County Register of Deeds
- 2021 real estate taxes $15,780
- 6,940 sq.ft., 3 finished floors including 660sf cabin plus small unfinished basement
- 12 guest units total (11 in the main inn and 1 stand alone cabin, cabin built in 2016)
- Very large main lounge/dining room for guests
- Sun porch (popular for very small indoor wedding ceremonies)
- Wedding ceremony area with arbor, granite patio and beautiful landscaping
- Fire pit and chairs
- Fire sprinkler system (wet)
- Generac generator, 2017
- 6 gas (propane) fireplaces
- Metal roof, 2016
- Vinyl siding
- Baseboard heat and Heat pumps/splits for entire inn, (new in 2016)
- Water Heaters off heating system (propane and oil)
- Water softening system
- Irrigation system
- Paved parking lot, 12 spaces
- 2 car attached garage
- Commercial kitchen with Dacor gas range, fire suppression system hood, three commercial refrigerators, three bay sink, sanitizing dishwasher, tile floor
- Owner or manager’s 1,200 sf apartment (newly renovated in 2014) with 2 bedrooms, 1 bath, granite kitchen, separate living and dining rooms, open floor plan, with direct access to the garage
Location
The inn is located:
- 88 miles to Sugarloaf
- 85 miles to Camden
- 165 miles to Bar Harbor/Acadia National Park
- 60 miles to Boothbay Harbor
- 30 miles to Portland
- 50 miles to Kennebunkport
- 45 miles to North Conway
- 35 miles to Bridgton and Fryeburg
Directions:
Follow Rt. 26 North approximately 14 1/2 miles to the intersection with Rt. 11 South. Turn left onto Rt. 11 and go 1.2 miles to Jordan Shore Drive on the right (you’ll see a sign for Wolf Cove Inn just prior). Turn right onto Jordan Shore Drive. Wolf Cove Inn is the first property on the right.
