You may have just missed your chance to own this historic Maine island

 Crab Island, off of South Freeport, Maine, was put up for sale and is now "under agreement" for $950,000.
Crab Island, off of South Freeport, Maine, was put up for sale and is now "under agreement" for $950,000.(

A small private island in Maine, complete with a camp-like home and two sandy beaches, went up for sale for the first time in more than half a century this summer — but you may have just missed your chance to live there.

Crab Island, which was once owned by the family of American explorer Robert Peary, who was known for leading the first expedition to the North Pole, is currently “under agreement.”

But its status on the market doesn’t make the island’s whereabouts off the coast of South Freeport, in Casco Bay, and its historic roots any less intriguing.


According to a listing on, the roughly 1-acre island features a pair of beaches to the north and south. While there’s no dock, future residents can bring a boat ashore to explore the verdant grounds and walking paths.

The site comes complete with a 1950’s “camp” that features two bedrooms, a bathroom, a large stone fireplace, and two wells.

The price tag? A mere $950,000.

“First time offered in 65 years, this very special island has easy mainland and marina access with the protected harbor of South Freeport just a 10-minute boat ride away,” according to the online listing. “Previously owned by Admiral Peary’s daughter, he is best known for discovering the North Pole and lived on the well-known Eagle Island in Harpswell.”

According to The Portland Press Herald, a 2009 newsletter from the Freeport Historical Society highlighted that Peary had offered to buy Crab Island for $800 in 1907 — a far cry from its current asking price. (The newspaper notes that it’s uncertain if that’s what he actually paid in the end, since the final price is not listed in the deed.)

The parcel was later owned by his daughter.


The island’s history aside, real estate agent Karen N. Reiche, who is listed as the property’s broker, said the land — it has a septic system, for all you non-outdoorsy types — offers exquisite, 360-degree views because of the “elevated tree growth.”

“You’re on the island, but you can see everywhere around you,” she said. “That’s what makes it very special.”

While there’s a bit of boat traffic in the area, Reiche said it gives people a chance to take in the maritime-charm that Maine has to offer.

“It’s not busy, but there’s a lot of things to look at,” she said. “It’s seasonal, but it’s very complete as a summer or three-season residence. You could really get out there from the spring through late fall.”

She said the family who currently owns the island felt it was time for a change of lifestyle, and so they recently put the parcel up for sale.

Crab Island wasn’t the first New England island to attract attention over the summer.

In August, Welcome Island, in Meredith, N.H., hit the market for a whopping $2.19 million, offering potential buyers a “sunny double-sided sandy beach, beautiful sunsets . . . located in such a desirable area of Lake Winnipesaukee.”

According to an online listing, it’s still up for grabs.

Steve Annear can be reached at Follow him on Twitter @steveannear.