A Landmark Midcoast Maine Property Ready for a New Vision. Set on nearly 40 acres in picturesque Damariscotta, the historic Down Easter Inn offers an intriguing combination of scale, character, existing infrastructure, and redevelopment potential. With a newly repositioned price, this distinctive property invites investors, developers, and hospitality entrepreneurs to envision what comes next. The historic main house is listed in the National Register of Historic Places. Inside are nine bedrooms, a reception area, dining room, living room, kitchen, and back porch. A substantial addition completed in the 1980s expanded the property with 22 guest rooms, each with a private bathroom. An adjacent two-bedroom cottage provides additional flexibility for an owner or other uses. The property has not been in operation since 2018 and will require capital improvements. Outside, nearly 40 acres of grounds offer space for expansion or other possibilities. Located within easy reach of Pemaquid Beach, Boothbay Harbor, Damariscotta's vibrant village center, and many of Midcoast Maine's most treasured destinations, the property is well positioned for its next chapter.