This home's estimate is 9.8% higher than the average sale price ($809K) of 6 comparable homes.
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29 River Rd, Newcastle, ME 04553
About this home
Have you been looking for just the right place to live and work in a neighborhood of stately homes? A location that is both close to town, has town water and sewer, fiber optic internet service, visibility from Route 1, sidewalks so you can walk to all of the services of the downtown including award winning restaurants, a public boat launch, marinas, bookstores, a state of the art medical facility, art galleries and everything else that makes the towns of Newcastle and Damariscotta the destination of generations of visitors. Not only is there the large classic Greek Revival home that is waiting for your restoration ideas there is also a half acre field next door that has almost endless possibilities for development because of the town's forward thinking land use code designed to allow for creative mixes of commercial and residential purposes from residential to retail to health care to inns/B and Bs, to apartment buildings or condominiums, restaurants. .the list goes on. There isn't a lot anywhere in the two towns this size with so many possibilities of what can be done with it. And as an added bonus there is even a small waterfront lot that gives you your own private access to the Damariscotta River. This property has it all, a classic home, a huge lot with zoning that encourages a range of business activities and waterfront, all in a downtown location. This is a great time to work from home, park the car and walk to town.
Redfin Estimate
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Market trends in 04553, ME
Last updated July 2026
Buyer's Market
Seller's Market
Balanced market
Provided by Redfin
Sale history for 29 River Rd
$197/sq ft
$195/sq ft
$92/sq ft
Tax history for 29 River Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Features: 11 - 20 Spaces, Gravel, Paved, Off Street
Interior
- Bathroom Information
- # of Baths (1/2): 2
- # of Baths (Full): 2
- Room 1 Information
- Type: Family Room
- Level: First
- Room 2 Information
- Type: Bedroom 1
- Level: Second
- Features: Closet, Wood-Burning Fireplace
- Room 3 Information
- Type: Bedroom 2
- Level: Second
- Room 4 Information
- Type: Bedroom 4
- Level: Second
- Room 5 Information
- Type: Living Room
- Level: First
- Features: Wood-Burning Fireplace
- Room 6 Information
- Type: Primary Bedroom
- Level: Second
- Features: Closet, Wood-Burning Fireplace
- Room 7 Information
- Type: Kitchen
- Level: First
- Room 8 Information
- Type: Bedroom 3
- Level: Second
- Room 9 Information
- Type: Library
- Level: First
- Room 10 Information
- Type: Dining Room
- Level: First
- Room 11 Information
- Type: Bedroom 5
- Level: Second
- Basement Information
- Basement Entry: Interior, Bulkhead, Partial, Unfinished
- Interior Features
- # of Rooms: 11
- Interior Features: In-Law Apartment
- Electric Range
- Flooring: Wood
- Other Equipment: Satellite Dish, Cable
- Fireplace Information
- # of Fireplaces: 2
- Has Fireplace
Exterior
- Building Information
- Construction Materials: Wood Siding, Clapboard, Wood Frame
- Foundation Details: Stone, Granite
- Roof: Shingle
- Total Building Area (Sq. Ft.): 3,203
- Building Area Source: Public Records
- Exterior Features
- Patio & Porch Features: Porch
- Property Information
- Property Sub Type: Single Family Residence
- Year Built: 1846
- Above-Grade Finished Area (Sq. Ft.): 3,203
- Lot Information
- Lot Size (Sq. Ft.): $74,923.20
- Lot Size (Acres): 1.72
- Lot Size Source: Public Records
- Lot Features: Rolling/Sloping, Pasture/Field, Open, Level, Sidewalks, Intown, Near Shopping, Neighborhood
- Road Surface Type: Paved
- Zoning: Business, Shoreland
- Waterfront Information
- Waterfront: Yes
- Water Body Name: Damariscotta River
- Water Body Type: Harbor, Ocean, River
- Water View: Yes
Financial
- Tax Information
- Annual Tax Amount: $6,788
- Tax Year: 2021
Utilities
- Utility Information
- Has Heating
- Heating: Hot Water, Direct Vent Furnace, Baseboard, Hot Air
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Utilities: Utilities On
- Utilities On: Yes
- Water Source: Public
- Water Heater: Electric
Location
- HOA Information
- Pets Allowed: No Restrictions
- Location Information
- Unparsed Address: 29 River Road, Newcastle, ME 04553
- Directions: From Business Route 1 turn onto River Road. Property is the second on right. Look for signs.
Public facts
- Beds: 7
- Baths: 3.0
- Sq. Ft.: 3,203
- Stories: 2.0
- Lot Size: 1.03 acres
- Style: Single Family Residential
- Year Built: 1846
- Year Renovated: —
- County: Lincoln County
- APN: 427942
Around this home
Schools
Public PreK-8 • Assigned • 1.7mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 88° expected this year, 18 days in 30 years
27% chance of strong winds in next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
In this area, properties receive around 7.9 hours in June and 3.6 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 04553
Home values near 29 River Rd
| Address | Redfin Estimate |
|---|---|
5 Beds | 3 Baths | 2280 Sq. Ft. | $1,001,748 |
3 Beds | 2.5 Baths | 2316 Sq. Ft. | $742,926 |
| Address | Redfin Estimate |
|---|---|
6 Beds | 6.5 Baths | 3929 Sq. Ft. | $1,140,711 |
4 Beds | 2.5 Baths | 4349 Sq. Ft. | $1,533,051 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 3 Baths | 3157 Sq. Ft. | $967,010 |
3 Beds | 1.5 Baths | 1800 Sq. Ft. | $912,370 |
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