Off market jun 2022 for $395K

$421,115

•

2,300

sq ft

497 Cape Newagen Rd, Newagen, ME 04576

About this home

Thoroughly improved, this Southport Island two-unit features fundamental upgrades, including its heating system, windows, water filtration, replacement septic system, and more. A turn-key vacation home with guest cottage, a two-unit investment property, or something in between, this property offers flexibility and upside. Both dwellings promote long term tenancies for a quality income stream. Minimal vacancy in the last three years; renters love living here, and you will too! Or, rent it out and become an investor on Southport Island, where the property taxes are low! Just 1.5-miles to the Town Landing at Cape Harbor, Newagen, ocean access and scenery is a brisk, level walk from home. To the north, the Southport Bridge and gateway to Boothbay Harbor is just 2.5-miles away. Breathe deeply the salty sea air as lobster boats murmur along Southport's rocky shoreline. At least 24-hour notice required for showings.

Single-familyProperty Type

1980Year Built

1.5 acresLot Size

$183Est. Price/Sq.Ft.

1 spaceParking

Listed by Jonathan Tindal • Tindal & Callahan Real Estate

Bought with Jonathan Tindal • Tindal & Callahan Real Estate

Redfin checked: a few seconds ago

•Source:MREIS #1526712

Redfin Estimate

$421,115

$26K since sold in June 2022$25K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 45.1% lower than the average sale price ($767K) of 6 comparable homes.

SOLD MAY 12, 2026
$570,000
A
4 beds2 baths2,611 sq ft
33 Reed Rd, Boothbay Harbor, ME 04538
SOLD SEP 8, 2026
$1,500,000
B
4 beds2 baths1,656 sq ft
30 Cedar Bush Ln, Southport, ME 04576
SOLD APR 7, 2026
$556,250
C
3 beds2 baths2,028 sq ft
44 King Phillips Trl, East Boothbay, ME 04544
SOLD JAN 6, 2026
$461,500
D
3 beds2.5 baths2,673 sq ft
11 Youngs Rd, Southport, ME 04576
SOLD JUN 22, 2026
$850,000
E
3 beds3 baths2,118 sq ft
21 Union Ct, Boothbay Harbor, ME 04538
SOLD SEP 11, 2026
$665,000
F
4 beds3 baths2,156 sq ft
58 Hendricks Hill Rd, Southport, ME 04576

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Earn from this home

Sell

$104,858

Est. take-home

List your home with Redfin and save $4,211

Market trends in 04570, ME

Last updated October 2026

Sale-to-list price

86.8%

10.3% MoM

Median sale price

$2.6M

$2M MoM

Avg. days on market

392d

325 days MoM

Recently sold homes

0 MoM

Provided by Redfin

Sale history for 497 Cape Newagen Rd

Date

Event

Price

MREIS #1526712

Jun 14, 2022

Sold

$395,000

$172/sq ft

May 2, 2022

Listed

$429,000

$187/sq ft

MREIS #1507697

Sep 28, 2021

Price Changed

$429,000

$187/sq ft

Sep 3, 2021

Listed

$449,000

$195/sq ft

MREIS #1342611

Oct 5, 2018

Sold

$183,000

$80/sq ft

Jul 25, 2018

Price Changed

$215,000

$93/sq ft

Mar 27, 2018

Listed

$245,000

$107/sq ft

MREIS #1359623

Jul 5, 2018

Listed

$215,000

$93/sq ft

Year

Property tax

Land + Additions

Assessment*

2024

$1,340 (+8.3%)

$41,000 + $194,570

$235,570

2023

$1,237 (+1.0%)

$41,000 + $194,570

$235,570

2022

$1,225 (−8.8%)

$41,000 + $194,570

$235,570

2021

$1,343 (+14.5%)

$41,000 + $194,570

$235,570

2020

$1,173 (+9.8%)

$66,000 + $194,570

$260,570

2019

$1,068

$66,000 + $194,570

$260,570

2018

$1,068 (+4.8%)

$66,000 + $194,570

$260,570

2017

$1,019

$66,000 + $194,570

$260,570

2016

$1,019 (+35.3%)

$66,000 + $194,570

$260,570

2007

$753

Tax history for 497 Cape Newagen Rd

Year

Property tax

Land + Additions

Assessment*

2024

$1,340 (+8.3%)

$41,000 + $194,570

$235,570

2023

$1,237 (+1.0%)

$41,000 + $194,570

$235,570

2022

$1,225 (−8.8%)

$41,000 + $194,570

$235,570

2021

$1,343 (+14.5%)

$41,000 + $194,570

$235,570

2020

$1,173 (+9.8%)

$66,000 + $194,570

$260,570

2019

$1,068

$66,000 + $194,570

$260,570

2018

$1,068 (+4.8%)

$66,000 + $194,570

$260,570

2017

$1,019

$66,000 + $194,570

$260,570

2016

$1,019 (+35.3%)

$66,000 + $194,570

$260,570

2007

$753

*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

—

Year renovated

—

Sq. Ft.

752

Year built

—

Style

Multi-Family (2-4 Unit)

County

Lincoln County

APN

439677

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Property details

Parking

Parking Information
Parking Features: 1 - 4 Spaces, Paved

Interior

Bathroom Information
# of Baths (Full): 2

Room 1 Information
Type: Kitchen
Level: First

Room 2 Information
Type: Bedroom 3
Level: First
Features: Closet

Room 3 Information
Type: Kitchen
Level: First

Room 4 Information
Type: Bedroom 5
Level: First

Room 5 Information
Type: Living Room
Level: First
Features: Wood-Burning Fireplace

Room 6 Information
Type: Bedroom 1
Level: First
Features: Closet

Room 7 Information
Type: Dining Room
Level: First

Room 8 Information
Type: Living Room
Level: First

Room 9 Information
Type: Bedroom 4
Level: First

Room 10 Information
Type: Bedroom 2
Level: First
Features: Closet

Basement Information
Basement Entry: Crawl Space, Bulkhead

Interior Features
# of Rooms: 10
Interior Features: In-Law Apartment, 1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Shower
Washer, Wall Oven, Refrigerator, Dryer, Dishwasher, Cooktop
Flooring: Vinyl, Carpet
Other Equipment: Generator

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

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
Construction Materials: Wood Siding, Shingle Siding, Wood Frame
Foundation Details: Concrete Perimeter, Slab
Roof: Shingle
Total Building Area (Sq. Ft.): 2,300
Building Area Source: Public Records

Exterior Features
Patio & Porch Features: Deck
Other Structures: Outbuilding, Shed(s)

Property Information
Property Sub Type: Single Family Residence
Year Built: 1980
Above-Grade Finished Area (Sq. Ft.): 2,300

Lot Information
Lot Size (Sq. Ft.): $65,340
Lot Size (Acres): 1.5
Lot Size Source: Survey
Lot Features: Level, Wooded, Rural
Road Surface Type: Paved
Zoning: Residential

Financial

Tax Information
Annual Tax Amount: $1,342.75
Tax Year: 2021

Utilities

Utility Information
Has Heating
Heating: Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Septic Tank, Private Sewer
Water Source: Well, Private
Water Heater: Gas

Location

School Information
High School District: AOS 98

Location Information
Unparsed Address: 497 Cape Newagen Road, Southport, ME 04576
Directions: (From RT-1) Turn onto ME-27 S 9.6 mi. At the traffic circle, take the 1st exit onto Corey Ln 0.4 mi. Continue onto Lakeside Dr 2.1 mi. Turn right onto ME-27 S 0.6 mi. Turn left onto ME-238 S. Destination will be on the right 2.4 mi.

Public facts

Beds: —
Baths: —
Sq. Ft.: 752
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Lincoln County
APN: 439677

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Southport Central School

Public K-6 • Assigned • 1.5mi

Boothbay Region Elementary School

Public PreK-8 • Assigned • 4.1mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Newagen, ME • 04576

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 hours in June and 3.8 hours in December, placing it below the U.S. average for solar exposure.

8 hrs

3.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$401,000 – $485,000

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Nearby similar homes

$1,650,000

Land— sq ft

0 Sophia Way & Hansen Rd, Boothbay Harbor, ME 04538

Municipal water • Paved road

$789,000

3 beds2 baths1,844 sq ft

353 East Side Rd, Boothbay, ME 04537

Full bath addition • Bedroom addition • Reconfigured deck

$735,000

5 beds2 baths1,438 sq ft

43 Crooked Pine Rd, Boothbay Harbor, ME 04538

Custom built-ins • Fieldstone fireplace • Updated kitchen

$475,000

1 bed1 bath1,083 sq ft

87 Crest Ave, Boothbay Harbor, ME 04538

Open floor plan • Private lot • Westerly exposure

$2,995,000

2 beds2.5 baths2,248 sq ft

Lot 10 Whispering Pines Dr, Boothbay, ME 04537

One-floor living • Open concept kitchen • Golf cart access

3D WALKTHROUGH

$775,000

5 beds3 baths2,480 sq ft

16 Eastern Ave, Boothbay Harbor, ME 04538

Original woodwork • Hardwood floors • Chef's kitchen

Home values near 497 Cape Newagen Rd

Data from public records.

Address	Redfin Estimate
31 Cape Newagen Road, Southport, ME 2 Beds \| 1 Baths \| 560 Sq. Ft.	$576,432
543 Cape Newagen Road, Newagen, ME 5 Beds \| 3.5 Baths \| 4622 Sq. Ft.	$831,950

Address	Redfin Estimate
494 Cape Newagen Road, Newagen, ME 3 Beds \| 2.5 Baths \| 2353 Sq. Ft.	$2,168,853
527 Cape Newagen Road, Southport, ME 2 Beds \| 1 Baths \| 1059 Sq. Ft.	$451,668

Address	Redfin Estimate
568 Cape Newagen Road, Newagen, ME 2 Beds \| 1.5 Baths \| 1100 Sq. Ft.	$396,127
25 Breakneck Hill Road, Southport, ME 3 Beds \| 1 Baths \| 1447 Sq. Ft.	$1,069,188

Property information provided by MREIS when last listed in 2022. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 04570, ME

Sale history for 497 Cape Newagen Rd

Tax history for 497 Cape Newagen Rd

Public record

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Nearby similar homes

Home values near 497 Cape Newagen Rd

More real estate resources