OFF MARKET

Off Market Dec 2018 for $174K

$403,007

•

1,416

sq ft

331 Gray Rd, Falmouth, ME 04105

About this home

Investors take note, opportunity is knocking on this door! Cozy Cape with lots of potential. The home was occupied until November of 2018. Convenient U-driveway and newer detached garage. Situated on 2.01 acres in the countryside of Falmouth, you'll have room to breathe, as well as the amenities, prestige and school system of the Falmouth community. All systems in the home are in working order, however there are signs of water damage, mainly in one room downstairs. Recommend home be taken down to studs, re-insulate, sheetrock, paint and new appliances. Additional living space could be gained by re-doing porch. In addition to a great entryway and space for coats boots etc. , this would also create space to increase the square footage of the kitchen, living room, dining room. This is a great fixer upper!

Single-familyProperty Type

1920Year Built

2.01 acresLot Size

$285Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Kenyon Clark • Bean Group

Bought with Cash Wiseman • Keller Williams Realty

Redfin checked: 3 minutes ago

•Source:MREIS #1400159

Redfin Estimate

$403,007

$229K since sold in December 2018$40K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.9% lower than the average sale price ($463K) of 6 comparable homes.

SOLD JUL 31, 2026
$300,000
A
3 beds1 bath1,014 sq ft
408 Gray Rd, Falmouth, ME 04105
SOLD AUG 10, 2026
$475,000
B
3 beds1 bath1,390 sq ft
203 Gray Rd, Falmouth, ME 04105
SOLD AUG 14, 2026
$525,000
C
3 beds2 baths1,710 sq ft
404 Blackstrap Rd, Falmouth, ME 04105
SOLD OCT 1, 2025
$225,000
D
3 beds1 bath1,539 sq ft
109 Brook Rd, Falmouth, ME 04105
SOLD APR 30, 2026
$720,000
E
3 beds2 baths1,920 sq ft
420 Gray Rd, Falmouth, ME 04105
SOLD JAN 20, 2026
$530,000
F
3 beds2 baths1,644 sq ft
189 Gray Rd, Falmouth, ME 04105

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Earn from this home

Sell

$260,790

Est. take-home

List your home with Redfin and save $4,030

Market trends in 04105, ME

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.9%

+0.4% MoM

Median sale price

$905K

$61K MoM

Avg. days on market

51d

10 days MoM

Recently sold homes

7 MoM

New listings for sale

NEW 6 HRS AGO
$650,000
2 beds2.5 baths1,632 sq ft
56 Foreside Common Dr Unit 56A, Falmouth, ME 04105
$876,000
4 beds2.5 baths2,088 sq ft
9 Lakeside Dr, Falmouth, ME 04105
$1,112,000
3 beds2 baths1,588 sq ft
267 US Route 1 #409, Falmouth, ME 04105
$5,995,000
6 beds8 baths9,269 sq ft
200 Woodville Rd, Falmouth, ME 04105
$899,000
4 beds2 baths3,812 sq ft
2 Brookfield Rd, Falmouth, ME 04105
$849,900
3 beds2.5 baths1,892 sq ft
5 Cornerstone Dr, Falmouth, ME 04105
See all

Provided by Redfin

Sale history for 331 Gray Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,896 (+3.2%)

$169,200 + $328,700

$497,900

2024

$6,682 (+6.2%)

$169,200 + $330,200

$499,400

2023

$6,293 (+6.0%)

$169,200 + $328,700

$497,900

2022

$5,935 (+7.2%)

$169,200 + $328,700

$497,900

2021

$5,538 (+61.3%)

$109,600 + $208,100

$317,700

2020

$3,434 (+2.8%)

$109,600 + $91,800

$201,400

2019

$3,342 (+2.4%)

$109,600 + $88,500

$198,100

2018

$3,263 (+5.5%)

$109,600 + $88,500

$198,100

2017

$3,094 (+3.5%)

$109,600 + $88,500

$198,100

2016

$2,989 (+3.1%)

$109,600 + $88,500

$198,100

2015

$2,898 (+3.8%)

$109,600 + $88,500

$198,100

2014

$2,793 (+5.0%)

$109,600 + $88,500

$198,100

2012

$2,660

$109,600 + $88,500

$198,100

Tax history for 331 Gray Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,896 (+3.2%)

$169,200 + $328,700

$497,900

2024

$6,682 (+6.2%)

$169,200 + $330,200

$499,400

2023

$6,293 (+6.0%)

$169,200 + $328,700

$497,900

2022

$5,935 (+7.2%)

$169,200 + $328,700

$497,900

2021

$5,538 (+61.3%)

$109,600 + $208,100

$317,700

2020

$3,434 (+2.8%)

$109,600 + $91,800

$201,400

2019

$3,342 (+2.4%)

$109,600 + $88,500

$198,100

2018

$3,263 (+5.5%)

$109,600 + $88,500

$198,100

2017

$3,094 (+3.5%)

$109,600 + $88,500

$198,100

2016

$2,989 (+3.1%)

$109,600 + $88,500

$198,100

2015

$2,898 (+3.8%)

$109,600 + $88,500

$198,100

2014

$2,793 (+5.0%)

$109,600 + $88,500

$198,100

2012

$2,660

$109,600 + $88,500

$198,100

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

2.01 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Cumberland County

APN

100200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Property details

Parking

Parking Information
Has Garage
# of Garage Spaces: 1
Parking Features: Auto Door Opener, 5 - 10 Spaces, Paved, Detached
Vehicle Storage: 1 Car, Auto Door Opener, Detached

Interior

Bathroom Information
# of Baths (Full): 1

Basement Information
Basement Entry: Walk-Out Access, Brick/Mortar, Dirt Floor, Crawl Space, Sump Pump, Unfinished

Interior Features
# of Rooms: 5
Interior Features: 1st Floor Bedroom, Attic, Bathtub
Furnished: Furnished
Washer, Refrigerator, Electric Range, Dryer, Disposal, Cooktop
Accessibility Features: Level Entry
Flooring: Wood, Laminate, Carpet

Laundry Information
Laundry Features: 1st Floor Laundry, Main Level

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
Construction Materials: Clapboard, Wood Frame
Foundation Details: Block, Stone, Granite, Brick/Mortar
Roof: Shingle
Total Building Area (Sq. Ft.): 1,416
Building Area Source: Public Records

Exterior Features
Patio & Porch Features: Glass Enclosed, Porch

Property Information
Property Sub Type: Single Family Residence
Year Built: 1920
Above-Grade Finished Area (Sq. Ft.): 1,416

Lot Information
Lot Size (Sq. Ft.): $87,555.60
Lot Size (Acres): 2.01
Lot Size Source: Public Records
Lot Features: Wooded, Near Golf Course, Near Turnpike/Interstate, Shopping Mall, Suburban
Road Surface Type: Paved
Zoning: FFM

Financial

Tax Information
Annual Tax Amount: $3,094
Tax Year: 2017

Utilities

Utility Information
Has Heating
Heating: Hot Air
Electric: Circuit Breakers
Sewer: Private Sewer, Septic Design Available
Water Source: Private
Water Heater: Electric

Location

Location Information
Unparsed Address: 331 Gray Road, Falmouth, ME 04105
Directions: From Hurricane Rd. , Rt. onto Gray Rd. Home is approx 3 miles on left.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 2.01 acres
Style: Other
Year Built: —
Year Renovated: —
County: Cumberland County
APN: 100200

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Falmouth Elementary School

Public PreK-5 • Assigned • 2.5mi

10/10

Falmouth Middle School

Public 6-8 • Assigned • 2.6mi

10/10

Falmouth High School

Public 9-12 • Assigned • 2.4mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 89° expected this year, 16 days in 30 years

6/10 Wind Factor

40% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Falmouth, ME • 04105

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$383,000 – $464,000

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Nearby similar homes

$980,000

4 beds3 baths2,976 sq ft

183 Mountain Rd, Falmouth, ME 04105

$1,099,000

3 beds2.5 baths3,409 sq ft

363 Blackstrap Rd, Falmouth, ME 04105

$505,900

3 beds2.5 baths1,372 sq ft

12 Feldspar Ln #27, Cumberland Center, ME 04021

$1,179,000

4 beds3 baths5,068 sq ft

148 Hunter Way, Falmouth, ME 04105

$750,000

5 beds3 baths3,044 sq ft

174 Curtis Rd, Portland, ME 04103

OPEN SUN, 11AM TO 1PM

$524,900

3 beds1 bath1,290 sq ft

33 Gray Rd, Cumberland, ME 04021

New listings for sale in 04105

NEW 6 HRS AGO

$650,000

2 beds2.5 baths1,632 sq ft

56 Foreside Common Dr Unit 56A, Falmouth, ME 04105

$876,000

4 beds2.5 baths2,088 sq ft

9 Lakeside Dr, Falmouth, ME 04105

$1,112,000

3 beds2 baths1,588 sq ft

267 US Route 1 #409, Falmouth, ME 04105

$5,995,000

6 beds8 baths9,269 sq ft

200 Woodville Rd, Falmouth, ME 04105

$899,000

4 beds2 baths3,812 sq ft

2 Brookfield Rd, Falmouth, ME 04105

$849,900

3 beds2.5 baths1,892 sq ft

5 Cornerstone Dr, Falmouth, ME 04105

Home values near 331 Gray Rd

Data from public records.

Address	Redfin Estimate
332B Gray Road, Falmouth, ME 3 Beds \| 2 Baths \| 1396 Sq. Ft.	$648,458
356 Gray Road, Falmouth, ME 3 Beds \| 1.5 Baths \| 1470 Sq. Ft.	$594,111

Address	Redfin Estimate
346 Gray Road, Falmouth, ME 2 Beds \| 1.5 Baths \| 864 Sq. Ft.	$408,329
305 Gray Road, Falmouth, ME 2 Beds \| 1 Baths \| 1356 Sq. Ft.	$528,547

Address	Redfin Estimate
321 Gray Road, Falmouth, ME 3 Beds \| 2.5 Baths \| 1964 Sq. Ft.	$829,761
348 Gray Road, Falmouth, ME 4 Beds \| 1.5 Baths \| 1152 Sq. Ft.	$478,077

Property information provided by MREIS when last listed in 2018. This data may not match . Learn more.

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