This home's estimate is 69.9% higher than the average sale price ($489K) of 6 comparable homes.
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295 Mills Rd, Newcastle, ME 04553
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About this home
295 Mills Rd is the beautifully maintained retreat you have been searching for that offers the perfect blend of modern comfort with coastal charm. Perfect for boaters and kayakers alike, the 1.48 acre lot has approximately 256 feet of waterfrontage on the Great Salt Bay. Launch your kayak or cast a line right from your private dock. Come inside from the oversized mud room, and you are greeted by an open concept living room and kitchen with ample space for entertaining. Notice the wide-planked hardwood floors that flow throughout the home, adding warmth and character. The gas fireplace in the living room is perfect for knocking out the chill on those cool fall and winter nights. Off the living room is sure to be the focal and gathering point of the home; the 4 season heated sunroom with panoramic views of the water. This oversized room can be used as a dining area and second living room. The two bedrooms each have their own access to the sunroom through sliding glass doors. The larger bedroom has a large walk-in closet with a washer and dryer. Two full bathrooms complete the upstairs space. The home's septic system is designed for three bedrooms, offering the potential to expand into the full walkout basement in the future. A brand new heating system was installed in December of 2024, along with updated ductwork to accommodate the new system. There is direct access into the home from the attached garage. 295 Mills Rd has a solid track record of short-term rental income and can be sold fully furnished, down to the last detail, including kitchen utensils. It's an excellent option for those seeking a turnkey property with the flexibility for short-term rentals, or to be used and enjoyed as a year round residence.
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Last updated September 2026
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Est. $2,707 per month, based on comparable rentals
Sale and tax history for 295 Mills Rd
- Sale History
- Tax History
$377/sq ft
$410/sq ft
$422/sq ft
$436/sq ft
Public record
Property details
Parking
- Parking Information
- Has Garage
- Attached Garage: Yes
- # of Garage Spaces: 3
- Parking Features: Gravel, 1 - 4 Spaces
- Vehicle Storage: 2 Car, Attached, Direct Entry to Living
Interior
- Virtual Tour
- Bathroom Information
- # of Baths (Full): 2
- Room 1 Information
- Type: Mud Room
- Level: First
- Room 2 Information
- Type: Kitchen
- Level: First
- Room 3 Information
- Type: Living Room
- Level: First
- Room 4 Information
- Type: Sunroom
- Level: First
- Room 5 Information
- Type: Bedroom 2
- Level: First
- Room 6 Information
- Type: Bedroom 1
- Level: First
- Basement Information
- Basement Entry: Interior Entry, Full
- Interior Features
- # of Rooms: 6
- Interior Features: 1st Floor Bedroom, One-Floor Living
- Furnished: Furnished
- Dishwasher, Dryer, Electric Range, Refrigerator, Washer
- Flooring: Tile, Wood
- Laundry Information
- Laundry Features: Main Level
- Fireplace Information
- # of Fireplaces: 1
- Has Fireplace
Exterior
- Building Information
- Construction Materials: Wood Frame, Asbestos, Wood Siding
- Roof: Shingle
- Total Building Area (Sq. Ft.): 1,892
- Building Area Source: Public Records
- Exterior Features
- Patio & Porch Features: Deck, Glassed-In Porch
- Property Information
- Property Sub Type: Single Family Residence
- Year Built: 1970
- Above-Grade Finished Area (Sq. Ft.): 1,892
- Lot Information
- Lot Size (Sq. Ft.): $64,468.80
- Lot Size (Acres): 1.48
- Lot Size Source: Public Records
- Road Surface Type: Paved
- Zoning: Shoreland
- Waterfront Information
- Waterfront: Yes
- Water Body Name: Great Salt Bay
- Water Body Type: Bay
- Water View: Yes
Financial
- Tax Information
- Annual Tax Amount: $6,605
- Tax Year: 2026
Utilities
- Utility Information
- Has Heating
- Heating: Forced Air
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water Source: Private, Well
- Water Heater: Electric, Tank
Location
- Location Information
- Unparsed Address: 295 Mills Road, Newcastle, ME 04553
- Directions: No sign on property, but GPS will take you there. Post with house number 295 out front by road.
Public facts
- Beds: 2
- Baths: 2.5
- Sq. Ft.: 1,364
- Stories: 1.0
- Lot Size: 1.48 acres
- Style: Single Family Residential
- Year Built: 1970
- Year Renovated: 2008
- County: Lincoln County
- APN: 427531
Around this home
Schools
Public PreK-8 • Assigned • 1.2mi
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, 17 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
Exceptional sunlight
SunscoreThis home receives average direct sun exposure in Newcastle. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Nearby similar homes
New listings for sale in 04553
Home values near 295 Mills Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 1715 Sq. Ft. | $677,894 |
- Beds | 1 Baths | 1168 Sq. Ft. | $454,472 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1428 Sq. Ft. | $521,310 |
3 Beds | 2 Baths | 1662 Sq. Ft. | $735,270 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 2880 Sq. Ft. | $410,491 |
- Beds | 2.5 Baths | 2960 Sq. Ft. | $569,811 |
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