OFF MARKET

Off Market Jan 2021 for $253K

$378,018

•

1,064

sq ft

281 Penney Rd, New Gloucester, ME 04260

About this home

Adorable ranch on a bountiful, private 2 acre lot. Off the beaten path and just a short drive to Portland, Auburn, and Freeport. The updates including the metal roof, vinyl siding and the 1 car garage make living and maintenance simple and give you more time to enjoy the serene backyard and multiple flowering gardens. In addition to space upstairs, there is a finished and heated bonus space in the basement to use as you wish! The floors are super durable throughout with tile in kitchen and bath and Dupont Laminate throughout the rest. Don't miss out on this very well cared for home in New Gloucester! See attached list for all the updates and property features.

Single-familyProperty Type

1988Year Built

2 acresLot Size

$355Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Gina Letourneau • Better Homes & Gardens Real Estate/The Masiello Group

Listed by Sierra Lemieux • Better Homes & Gardens Real Estate/The Masiello Group

Contact: ginaletourneau@masiello.com

Bought with Shannon Boyington • Coldwell Banker Team Real Estate

Redfin checked: 2 minutes ago

•Source:MREIS #1471300

Redfin Estimate

$378,018

$125K since sold in January 2021$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.4% lower than the average sale price ($413K) of 6 comparable homes.

SOLD AUG 31, 2026
$412,500
A
3 beds1.5 baths1,550 sq ft
223 Town Farm Rd, New Gloucester, ME 04260
SOLD JUN 26, 2026
$375,000
B
2 beds1 bath936 sq ft
253 Yarmouth Rd, Gray, ME 04039
SOLD AUG 5, 2026
$420,000
C
3 beds1 bath1,056 sq ft
10 Briarwood Dr, New Gloucester, ME 04260
SOLD AUG 28, 2026
$550,000
D
3 beds2 baths1,488 sq ft
167 Mayberry Rd, Gray, ME 04039
SOLD OCT 24, 2025
$408,000
E
3 beds1 bath1,274 sq ft
91 Bennett Rd, New Gloucester, ME 04260
SOLD JAN 20, 2026
$310,000
F
2 beds1 bath960 sq ft
271 Bennett Rd, New Gloucester, ME 04260

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$174,235

Est. take-home

List your home with Redfin and save $3,780

Rent

$1,775/mo

Redfin rental estimate

List your home for rent

Market trends in 04260, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.8%

0.6% MoM

Median sale price

$503K

$22K MoM

Avg. days on market

0 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN SUN, 1PM TO 2:30PM
$699,000
6 beds3 baths3,840 sq ft
56 Highview Dr, New Gloucester, ME 04260
OPEN TODAY, 1PM TO 3PM
$699,000
3 beds2.5 baths2,817 sq ft
28 Hobbs Dr, New Gloucester, ME 04260
$499,999
5 beds3 baths2,752 sq ft
290 Penney Rd, New Gloucester, ME 04260
See all

Provided by Redfin

Sale history for 281 Penney Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,106 (+3.9%)

$84,000 + $116,774

$200,774

2024

$2,990 (+4.2%)

$84,000 + $116,774

$200,774

2023

$2,869 (+3.5%)

$84,000 + $116,774

$200,774

2022

$2,771

$84,000 + $116,774

$200,774

2021

$2,771 (+1.1%)

$84,000 + $116,774

$200,774

2020

$2,741 (+26.6%)

$84,000 + $116,774

$200,774

2019

$2,165 (+7.0%)

$65,800 + $62,300

$128,100

2018

$2,024 (+1.3%)

$65,800 + $62,300

$128,100

2017

$1,998 (+6.1%)

$65,800 + $62,300

$128,100

2016

$1,883 (+0.3%)

$65,800 + $62,300

$128,100

2015

$1,877 (+1.1%)

$65,800 + $62,300

$128,100

2014

$1,857

$65,800 + $62,300

$128,100

Tax history for 281 Penney Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,106 (+3.9%)

$84,000 + $116,774

$200,774

2024

$2,990 (+4.2%)

$84,000 + $116,774

$200,774

2023

$2,869 (+3.5%)

$84,000 + $116,774

$200,774

2022

$2,771

$84,000 + $116,774

$200,774

2021

$2,771 (+1.1%)

$84,000 + $116,774

$200,774

2020

$2,741 (+26.6%)

$84,000 + $116,774

$200,774

2019

$2,165 (+7.0%)

$65,800 + $62,300

$128,100

2018

$2,024 (+1.3%)

$65,800 + $62,300

$128,100

2017

$1,998 (+6.1%)

$65,800 + $62,300

$128,100

2016

$1,883 (+0.3%)

$65,800 + $62,300

$128,100

2015

$1,877 (+1.1%)

$65,800 + $62,300

$128,100

2014

$1,857

$65,800 + $62,300

$128,100

*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 Acres

Year renovated

—

Sq. Ft.

864

Year built

1988

Style

Single Family Residential

County

Cumberland County

APN

166038

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: 5 - 10 Spaces, Gravel, Detached
Vehicle Storage: 1 Car, Detached

Interior

Bathroom Information
# of Baths (Full): 1

Basement Information
Basement Entry: Interior, Full, Bulkhead

Interior Features
# of Rooms: 4
Interior Features: 1st Floor Bedroom
Refrigerator, Electric Range, Dishwasher
Flooring: Tile, Laminate

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Metal
Total Building Area (Sq. Ft.): 1,064
Building Area Source: Public Records

Exterior Features
Patio & Porch Features: Deck

Property Information
Property Sub Type: Single Family Residence
Year Built: 1988
Above-Grade Finished Area (Sq. Ft.): 864
Below-Grade Finished Area (Sq. Ft.): 200

Lot Information
Lot Size (Sq. Ft.): $87,120
Lot Size (Acres): 2
Lot Size Source: Public Records
Lot Features: Open, Harvestable Crops, Level, Wooded, Rural
Road Surface Type: Paved
Zoning: Rural Residential

Financial

Tax Information
Annual Tax Amount: $2,399
Tax Year: 2020

Utilities

Utility Information
Has Heating
Heating: Stove, Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Private Sewer
Water Source: Private
Water Heater: Electric

Location

Location Information
Unparsed Address: 281 Penney Road, New Gloucester, ME 04260

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 864
Stories: 1.0
Lot Size: 2 acres
Style: Single Family Residential
Year Built: 1988
Year Renovated: —
County: Cumberland County
APN: 166038

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Burchard A Dunn School

Public PreK-4 • Assigned • 2.3mi

9/10

Gray-New Gloucester Middle School

Public 5-8 • Assigned • 4.3mi

5/10

Gray-New Gloucester High School

Public 9-12 • Assigned • 4.0mi

5/10

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 93° expected this year, 16 days in 30 years

4/10 Wind Factor

24% 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

New Gloucester, ME • 04260

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.2 hours in June and 4 hours in December, placing it below the U.S. average for solar exposure.

8.2 hrs

4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$360,000 – $435,000

Reach more buyers when you sell with Redfin. Save up to $3,780 in fees. 3 minutes to get started.

Get a free, detailed breakdown of how we calculated your estimate.

Nearby similar homes

3D WALKTHROUGH

$620,000

4 beds2.5 baths2,328 sq ft

20 Ambrose Cir, Gray, ME 04039

3D WALKTHROUGH

$699,000

4 beds3 baths2,126 sq ft

53 Mill Rd, North Yarmouth, ME 04097

$799,000

4 beds3.5 baths2,936 sq ft

67 Taylor Ln, Gray, ME 04039

$1,550,000

4 beds3.5 baths4,078 sq ft

46 Cortland Ct, Cumberland, ME 04021

$615,000

3 beds2 baths1,624 sq ft

26 Kathy Ln, Cumberland, ME 04021

$529,000

4 beds2 baths2,357 sq ft

20 Bald Hill Rd, New Gloucester, ME 04260

New listings for sale in 04260

OPEN SUN, 1PM TO 2:30PM

$699,000

6 beds3 baths3,840 sq ft

56 Highview Dr, New Gloucester, ME 04260

OPEN TODAY, 1PM TO 3PM3D WALKTHROUGH

$699,000

3 beds2.5 baths2,817 sq ft

28 Hobbs Dr, New Gloucester, ME 04260

$499,999

5 beds3 baths2,752 sq ft

290 Penney Rd, New Gloucester, ME 04260

Home values near 281 Penney Rd

Data from public records.

Address	Redfin Estimate
320 Penney Road, New Gloucester, ME 5 Beds \| 3 Baths \| 2800 Sq. Ft.	$608,806
290 Penney Road, New Gloucester, ME 5 Beds \| 3 Baths \| 2752 Sq. Ft.	—

Address	Redfin Estimate
283 Penney Road, New Gloucester, ME 2 Beds \| 1.5 Baths \| 1776 Sq. Ft.	$534,689
305 Penney Road, New Gloucester, ME 2 Beds \| 1 Baths \| 936 Sq. Ft.	$295,817

Address	Redfin Estimate
253 Penney Road, New Gloucester, ME 3 Beds \| 1.5 Baths \| 1120 Sq. Ft.	$387,493
286 Penney Road, New Gloucester, ME 3 Beds \| 2.5 Baths \| 884 Sq. Ft.	$403,510

Property information provided by MREIS when last listed in 2020. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Houses for rent in Cumberland County	Agents near me	Cape Elizabeth, ME homes for sale	Cumberland County Housing Market
Houses for sale near me	Portland, ME homes for sale	Bangor, ME homes for sale
Land for sale near me	Scarborough, ME homes for sale	Kittery, ME homes for sale
Open Houses near me	South Portland, ME homes for sale	Cumberland County Property Records
Condos for sale near me	Falmouth, ME homes for sale	ME New Listings

Carroll County homes for sale
York County homes for sale
Rockingham County homes for sale

Falmouth homes for sale
Scarborough homes for sale
Portland homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 04260, ME

Sale history for 281 Penney Rd

Tax history for 281 Penney Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 04260

Home values near 281 Penney Rd

More real estate resources