Welcome to 189 Gray Road, a beautifully maintained and thoughtfully updated ranch-style home located in the heart of Falmouth. Situated on over half an acre of gently sloping land with direct frontage on the Piscataqua River, this versatile property combines classic New England charm with modern flexibility perfect for homeowners seeking comfort, convenience, and opportunity. This home welcomes you with a bright and open layout, highlighted by a large living room and formal dining area, perfect for everyday living or entertaining guests. A well-sized flex space (formerly a garage) has been converted into a finished room ideal for a home office, studio, gym, or workshop. The layout flows easily, offering both functionality and comfort. The home features three spacious bedrooms, including a primary suite with en suite bath. The second full bath serves guests and additional bedrooms, all of which provide ample closet space, natural light, and hardwood flooring. The kitchen is practical and efficient, with generous cabinetry, updated appliances, and easy access to the dining area. There's room to reimagine or expand to suit your culinary vision. The property extends to over 100 feet of river frontage on the Piscataqua River, ideal for kayaking, birdwatching, or creating a serene outdoor oasis. The yard is partially fenced, level, and landscaped with mature trees and perennial beds. Seller will need to occupy home until 12/1/25. Please book appointments through Broker Bay.
With some cosmetic updates to modernize, this home affords you the opportunity to get into the desired town of Falmouth! Home offers 3 bedrooms and a home office. There is a large flex room that has endless opportunities to suit all types of desires and needs from studio space, gym, workshop, small business (commercial/residential zoning) or convert back to 2 car garage. Walk off your deck to a captivating landscaped back yard and stroll down to the Piscataquis River. Enjoy a beverage in the spacious 3 season screened in porch while watching all the birds or come out in the evening with a book and take in the peaceful sounds to escape city living.
MREIS #1363564
Sep 26, 2018
Price Changed
$299,000
$182/sq ft
Aug 3, 2018
Listed
$325,000
$198/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,460 (+3.3%)
$164,700 + $229,500
$394,200
2024
$5,288 (+6.1%)
$164,700 + $230,500
$395,200
2023
$4,983 (+4.3%)
$164,700 + $229,500
$394,200
2022
$4,778 (+21.4%)
$164,700 + $236,100
$400,800
2021
$3,937 (+2.2%)
$102,600 + $123,300
$225,900
2020
$3,852 (+1.1%)
$102,600 + $123,300
$225,900
2019
$3,811 (+2.3%)
$102,600 + $123,300
$225,900
2018
$3,727 (+5.4%)
$103,000 + $123,300
$226,300
2017
$3,535 (+3.5%)
$103,000 + $123,300
$226,300
2016
$3,415 (+3.1%)
$103,000 + $123,300
$226,300
2015
$3,311 (+3.8%)
$103,000 + $123,300
$226,300
2014
$3,191 (+5.0%)
$103,000 + $123,300
$226,300
2012
$3,039
$103,000 + $123,300
$226,300
Tax history for 189 Gray Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,460 (+3.3%)
$164,700 + $229,500
$394,200
2024
$5,288 (+6.1%)
$164,700 + $230,500
$395,200
2023
$4,983 (+4.3%)
$164,700 + $229,500
$394,200
2022
$4,778 (+21.4%)
$164,700 + $236,100
$400,800
2021
$3,937 (+2.2%)
$102,600 + $123,300
$225,900
2020
$3,852 (+1.1%)
$102,600 + $123,300
$225,900
2019
$3,811 (+2.3%)
$102,600 + $123,300
$225,900
2018
$3,727 (+5.4%)
$103,000 + $123,300
$226,300
2017
$3,535 (+3.5%)
$103,000 + $123,300
$226,300
2016
$3,415 (+3.1%)
$103,000 + $123,300
$226,300
2015
$3,311 (+3.8%)
$103,000 + $123,300
$226,300
2014
$3,191 (+5.0%)
$103,000 + $123,300
$226,300
2012
$3,039
$103,000 + $123,300
$226,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.