The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1889-03-25
THE PICTURESQUE COAST.
Dealings In Real Estate in Maine
Summer Resorts.
Correspondence of the PREss.l
Rock. March 03 12


RocKLAND, March %, 1889.
With the advent Of spring interest in
Names picturesque shore line begins to
awaken and speculations are rife as to what
viii probably be the amount Of business
done. The past season witnessed great
many transfers in real estate in this imme-
diate vicinity, some of them being on very
large scale. A reporter of the PRESS lad an
interview with j. Murray Howe Of Boston,
on the subject and learned the following
facts. Mr.. Murray has made the larger por-
tion of the purchases in this section and Is
one Of the early pioneers Of summer resort
ers in Penobscot Bay. He came here eight
years ago and purchased land at North Hay-
en-, the first for summer resort purposes
along this shore with the possible exception
of Isle au Haut. The large sales in this sec
tion are confined in the main to Islesboro,
North Haven and Cape R0zier
About 1000 acres Of land have been sold
in Islesboro, mainly in the southerly and
westerly part of the island, including some
10 different farms, portion being occupied.
Almost all OF them face the Camden Noun
tains. The total amount Of money expend-
ed here was about $4,000 The purchase is
now owned by a small Philadelphia syndi-
cate, the members of which intend to occupy
the land for their own private summer pur-
poses and will build cottages there the COM
ing season.
A number of sales were made the past sea-
son at North Haven, all at very eonsidera-
bly, advanced prices, mostly second sales at a
profit of from 100 to 800 per cent. Several
hundred acres were sold. Walter G. Cabot
Of Boston owns about $50 acres here and two
houses, modern cottages built within year
or two. DR.. II. S. Watson Of Boston.
recent purchaser. has one hundred
acre there. Among other large owners are
Lewis W. Tappan, Jr., DIR. John W.
Elliott, Alfred Bowditch, Bancroft G. Davis,
DIR. Charles g. Weld, Charles 5. Rockeman-
nan and Mr.. Howe, all OF Boston. Almost
all have either built on and improved their
property or contemplate doing so at an early
day. A clubhouse Is located near the boat
landing. Among the most recent purchasers
at North Haven are James ID. Windsor a
prominent steamboat man, and N. Thouron
a prominent banker. both of Philadelphia.
At Cape Rozier other large purchases were
made the past season by Mr.. Howe, for an
other party Of gentlemen. This transfer
comprised about one thousand acres Of land
in Hancock county. some fifteen miles OF
almost continuous shore line, at an expense
for the land Of rising $4,000. This land
runs from opposite historic Castine around
into Eggemoggin Reach. In addition to this
Prof. James II. Ames, Of Cambridge, Mass,
has bought through Mr.. Howe, four hundred
acres of land, controlling two of the finest
points in that district-Perkin's Point, north
Of Castine, and Condon's Point at the head
OF ERgemOggln heacn. MT. Howe mas also
lage tracts of land bonded and partly sold on
various parts Of Deer Isle, little Deer Isle,
comprising something like one thousand
acres.
These entire purchases include Islesboro,
North Haven, Cape Rozier and Deer Isle,
and number of large islands In the bay
comprising all the finer points of land with
good harbors and mountain views that exist
in the whole Of Penobscot Bay with the ex-
ception Of the KOckland and Camden shore
which is already taken up largely by other
parties. Nearly 100000 Is the amount in
vested last year in this section through Mr..
Howe. Some few purchases are still being
made, but any other sales of great extent
are improbable as the ground Is so well
covered.
The character of the purchasers and
holders of this land can be learned from the
following list Of some OF the gentlemen In
terest: Hon. John +. Andrews, Hon
Samuel G. Cobb, Ernest w. Bowditch, Ffank
w. Chandler Of the Instituted Of Technol.
ogy. Tucker Daland, Charles G. jackson OF
the firm OF Jackson 81 Curtis, Henry Park
ham, Charles p. Bowditch, Elliott G. Lee
DIR. 4. G. Shattuck, all Of Boston Charles G
Beman, President Thompson Of the First
National Bank, Of New York; Charles Platt
president of the North American Insurance
Company, Thomas Biddle IL Co., bankers, OF
| Philadelphia; and Blanchard Randall and
| Jeffrey r. Bracket, the latter formerly OF
| Quincy, Mass, of Baltimore. Mr.. Bracket
has four hundred Of acress Of land Ia Isles
4