This may be the first time I have seen a major resort make a move into developing townhomes in Maine. Fairmont Hotels has announced they will be creating the Fairmont Residences at Bar Harbor.
The 25 homes will be located in the village of Bar Harbor and will have views of the island-studded bay and Acadia National Park. There will also be a Clubhouse with a heated outdoor pool, jacuzzi, billiard room, clubroom and fitness center. The homes will cost from around $1.2 million to $1.6 million and offer over 2,600 square feet of space. Groundbreaking is anticipated for this fall and the homes should be ready 2008 summer season.
Bar Harbor is one of the spots to experience classic New England charm and while it is a popular destination it isn't absolutely overrun with tourists most of the time (although the price of a lobster roll does seem to climb somewhere in June). According to the press release, the Fairmont and their partner Bayview Financial, are making nice with the locals by doing things like underwriting the cost of the Rotary Club's annual pancake breakfast and seafood festival during Bar Harbor's Fourth of July celebration.