OFF MARKET

Off Market Nov 2023 for $650K

$742,015

•

3,068

sq ft

38 Chase Farm Rd, Newcastle, ME 04553

About this home

Escape To The Country! Architect-designed & built in 1988, this charming property's features just go on and on. . A serene, bucolic, Classic Maine location, down the road from the Sheepscot Historic District, lovely neighboring properties, extensive & tasteful updates including a new luxury kitchen, radiant floor heating, highly-efficient in-ceiling not-a-wall-wart heat pump splits in just about every room, ceiling fans, spacious & useful insulated attic space, a shower you won't want to ever leave, all on 10.8 acres of nature that neighbors Midcoast Conservancy-owned land. Astronomers may want to restore the old observatory on site! If all that isn't enough, there's also currently-rented income property in the form of an 816 square-foot separate Guest House well-screened from the Main House at the front edge of the property. If it weren't for the monthly checks, you'd hardly know they're there. 13 minutes to Hannaford, 11 minutes to Main Street Grocery & Rising Tide Co-op, 9 minutes to Newcastle Publick House, 10 minutes to Schooner Landing and downtown Damariscotta. 8 minutes to the Alna Store. 10 minutes to Red's Eats in Wiscasset. You'll be close to it all while being away from it all. Also listed as Multi-Family, MLS# 1572952

Single-familyProperty Type

1988Year Built

10.8 acresLot Size

$242Est. Price/Sq.Ft.

5 spacesParking

Listed by Eric Marko • Drum & Drum Real Estate Inc.

Bought with Bruce LaVerdiere • LAER

Redfin checked: 2 minutes ago

•Source:MREIS #1572951

Redfin Estimate

$742,015

$92K since sold in November 2023$30K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 35.1% lower than the average sale price ($1.14M) of 6 comparable homes.

SOLD JUN 30, 2026
$425,000
A
3 beds2 baths1,584 sq ft
25 Westview Rd, Damariscotta, ME 04543
SOLD APR 10, 2026
$1,850,000
B
3 beds2.5 baths3,304 sq ft
44 A Sprague Rd, Nobleboro, ME 04555
SOLD JUL 17, 2026
$432,000
C
3 beds2.5 baths2,640 sq ft
342 Foye Rd, Wiscasset, ME 04578
SOLD MAY 15, 2026
$1,275,000
D
4 beds2.5 baths3,589 sq ft
105 Cushman Point Rd, Wiscasset, ME 04578
SOLD JUL 27, 2026
$450,000
E
4 beds2 baths3,600 sq ft
359 Atlantic Hwy, Waldoboro, ME 04572
SOLD JUN 26, 2026
$2,425,000
F
4 beds2.5 baths4,297 sq ft
100 Bradley Shore Rd, Newcastle, ME 04553

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Earn from this home

Sell

$204,339

Est. take-home

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Rent

$2,598/mo

Redfin rental estimate

List your home for rent

Market trends in 04553, ME

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.8%

+0.2% MoM

Median sale price

$795K

$19K MoM

Avg. days on market

58d

39 days MoM

Recently sold homes

1 MoM

New listings for sale

$1,250,000
4 beds2.5 baths2,856 sq ft
608 River Rd, Newcastle, ME 04553
See all

Provided by Redfin

Sale history for 38 Chase Farm Rd

Date

Event

Price

MREIS #1572951

Nov 20, 2023

Sold

$650,000

$212/sq ft

Sep 27, 2023

Listed

$650,000

$212/sq ft

MREIS #1572952

Sep 27, 2023

Listed

$650,000

$212/sq ft

MREIS #1296864

May 1, 2017

Sold

$245,000

$80/sq ft

Mar 6, 2017

Listed

$299,000

$97/sq ft

MOTIVATED SELLERS. .. COME MAKE AN OFFER! Beautiful architect designed/owned tudor style home with guest house on almost 11 acres of privacy in the coveted Sheepscot area of Newcastle. Beautiful fieldstone chimney, reclaimed & wide-plank pine flooring, thoughtful built-ins and sun filled eat-in kitchen. Step onto the deck and breath in nature w/ lovingly landscaped flower gardens surrounded by trees. Detached year round, 2 story guest house features 1bed/1bath and would be perfect in-law or additional rental.

MREIS #1281171

Sep 1, 2016

Listed

$299,000

$97/sq ft

MREIS #1252296

Jul 2, 2016

Price Changed

$299,000

$97/sq ft

Apr 28, 2016

Price Changed

$325,000

$106/sq ft

Mar 1, 2016

Listed

$349,999

$114/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$7,407 (+5.1%)

$92,200 + $425,800

$518,000

2024

$7,045 (+48.4%)

$92,200 + $425,800

$518,000

2023

$4,746 (+0.6%)

$66,000 + $230,600

$296,600

2022

$4,716 (+3.9%)

$66,000 + $230,600

$296,600

2021

$4,538 (+5.1%)

$66,000 + $230,600

$296,600

2020

$4,317

$76,000 + $165,200

$241,200

2019

$4,317

$76,000 + $165,200

$241,200

2018

$4,317 (−0.8%)

$76,000 + $165,200

$241,200

2017

$4,354 (+0.6%)

$76,000 + $165,200

$241,200

2016

$4,328

$74,600 + $165,200

$239,800

2015

$4,328 (+3.7%)

$74,600 + $165,200

$239,800

2014

$4,173 (+9.4%)

$74,600 + $165,200

$239,800

2013

$3,813

$74,600 + $165,200

$239,800

Tax history for 38 Chase Farm Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,407 (+5.1%)

$92,200 + $425,800

$518,000

2024

$7,045 (+48.4%)

$92,200 + $425,800

$518,000

2023

$4,746 (+0.6%)

$66,000 + $230,600

$296,600

2022

$4,716 (+3.9%)

$66,000 + $230,600

$296,600

2021

$4,538 (+5.1%)

$66,000 + $230,600

$296,600

2020

$4,317

$76,000 + $165,200

$241,200

2019

$4,317

$76,000 + $165,200

$241,200

2018

$4,317 (−0.8%)

$76,000 + $165,200

$241,200

2017

$4,354 (+0.6%)

$76,000 + $165,200

$241,200

2016

$4,328

$74,600 + $165,200

$239,800

2015

$4,328 (+3.7%)

$74,600 + $165,200

$239,800

2014

$4,173 (+9.4%)

$74,600 + $165,200

$239,800

2013

$3,813

$74,600 + $165,200

$239,800

*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

1.5

Stories

Lot width

—

Lot depth

—

Lot size

10.8 Acres

Year renovated

—

Sq. Ft.

3,018

Year built

1980

Style

Single Family Residential

County

Lincoln County

APN

427136

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Property details

Parking

Parking Information
Parking Features: 5 - 10 Spaces, Gravel, On Site

Interior

Bathroom Information
# of Baths (1/2): 1
# of Baths (Full): 2

Room 1 Information
Type: Kitchen
Level: First
Features: Eat-In Kitchen

Room 2 Information
Type: Bedroom 2
Level: Second
Features: Closet, Laundry/Laundry Hook-Up

Room 3 Information
Type: Bedroom 4
Level: Second

Room 4 Information
Type: Great Room
Level: First
Features: Wood-Burning Fireplace

Room 5 Information
Type: Bedroom 3
Level: Second
Features: Closet

Room 6 Information
Type: Media Room
Level: First

Room 7 Information
Type: Great Room
Level: First

Room 8 Information
Type: Primary Bedroom
Level: Second
Features: Built-Ins, Closet

Basement Information
Basement Entry: Interior, Full, Bulkhead, Unfinished

Interior Features
# of Rooms: 8
Interior Features: In-Law Apartment, Attic, Bathtub, Shower, Storage
Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
Window Features: Double-Pane Windows
Flooring: Wood, Laminate
Other Equipment: Internet Access Available

Laundry Information
Laundry Features: Upper Level

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
Construction Materials: Shingle Siding, Masonry, Wood Frame
Foundation Details: Block
Structure Type: Post & Beam
Total Building Area (Sq. Ft.): 3,068
Building Area Source: Measured

Exterior Features
Patio & Porch Features: Deck
Other Structures: Outbuilding

Property Information
Property Sub Type: Single Family Residence
Year Built: 1988
Above-Grade Finished Area (Sq. Ft.): 3,068
Green Energy Efficient: Water Heater, Thermostat

Lot Information
Lot Size (Sq. Ft.): $470,448
Lot Size (Acres): 10.8
Lot Size Source: Public Records
Lot Features: Rolling/Sloping, Level, Wooded, Abuts Conservation, Near Town, Rural
Zoning: 15 D1 Rural

Waterfront Information
Water Body Name: Neighbor's Pond
Water Body Type: Pond
Water View: Yes

Financial

Tax Information
Annual Tax Amount: $4,716
Tax Year: 2022

Utilities

Utility Information
Has Heating
Heating: Zoned, Radiant, Hot Water, Heat Pump
Has Cooling
Cooling: Heat Pump
Electric: Generator Hookup, Circuit Breakers
Sewer: Septic Tank, Septic Design Available
Utilities: Utilities On, Pole
Utilities On: Yes
Water Source: Well, Private
Water Heater: Electric, Heat Pump

Location

HOA Information
Pets Allowed: No Restrictions

Location Information
Unparsed Address: 38 Chase Farm Road, Newcastle, ME 04553
Directions: From Rt. 1 head northwest on Sheepscot Road, turn right on West Old County Road, Right on Chase Farm Rd. Watch for turtles crossing W. Old County Road.

Public facts

Beds: 4
Baths: 1.5
Sq. Ft.: 3,018
Stories: 3.0
Lot Size: 10.8 acres
Style: Single Family Residential
Year Built: 1980
Year Renovated: —
County: Lincoln County
APN: 427136

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Great Salt Bay Community School

Public PreK-8 • Assigned • 4.6mi

8/10

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

4/10 Heat Factor

7 days above 89° expected this year, 17 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Newcastle, ME • 04553

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 7.9 hours in June and 3.6 hours in December, placing it below the U.S. average for solar exposure.

7.9 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$705,000 – $854,000

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Home values near 38 Chase Farm Rd

Data from public records.

Address	Redfin Estimate
45 Chase Farm Rd, Newcastle, ME 3 Beds \| 3 Baths \| 2420 Sq. Ft.	$753,656
12 Eden Ln, Newcastle, ME 3 Beds \| 3 Baths \| 2966 Sq. Ft.	$977,323

Address	Redfin Estimate
30 Chase Farm Rd, Newcastle, ME 3 Beds \| 2 Baths \| 2096 Sq. Ft.	$772,707
98 West Old County Rd, Newcastle, ME 4 Beds \| 3 Baths \| 2894 Sq. Ft.	$752,629

Address	Redfin Estimate
47 Chase Farm Rd, Newcastle, ME - Beds \| 2 Baths \| 2360 Sq. Ft.	$605,045
508 Sheepscot Rd, Newcastle, ME 2 Beds \| 1 Baths \| 1524 Sq. Ft.	$444,867

Property information provided by MREIS when last listed in 2023. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 04553, ME

Sale history for 38 Chase Farm Rd

Tax history for 38 Chase Farm Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 04553

Home values near 38 Chase Farm Rd

More real estate resources