OFF MARKET

Off Market Dec 2020 for $150K

$315,382

•

1,149

sq ft

505 River Rd, Newcastle, ME 04553

About this home

Charming period cape on the picturesque River Road awaits your finishing touches. This circa 1900 home has had a lot of restoration work done and is ready for your ideas. The current owner purchased it with the idea of creating an artist studio and has converted the 2 car garage to a printmaking studio. This could be a great location for your new Maine home with room for expansion and an in-law suite or Air B & B possibilities. High-speed internet is available at this location. New septic system in 2005

Single-familyProperty Type

1900Year Built

0.6 acresLot Size

$274Est. Price/Sq.Ft.

1 car garageParking

Listed by Karen Farnsworth • Keller Williams Realty

Bought with Robert Whear • Sigrid & Associates LLC Real Estate

Redfin checked: a minute ago

•Source:MREIS #1472405

Redfin Estimate

$315,382

$165K since sold in December 2020$1,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 17.8% lower than the average sale price ($384K) of 6 comparable homes.

SOLD JUL 2, 2026
$599,000
A
2 beds1 bath1,100 sq ft
61 Bristol Rd, Damariscotta, ME 04543
SOLD BY REDFIN JUL 30, 2026
$360,000
B
3 beds1 bath1,096 sq ft
9 Bearces Hill Rd, Bristol, ME 04539
SOLD AUG 18, 2026
$352,000
C
2 beds1 bath816 sq ft
17 Eagle Ln, Damariscotta, ME 04543
SOLD AUG 14, 2026
$317,000
D
2 beds1 bath1,044 sq ft
293 Medomak Rd, Bremen, ME 04551
SOLD JUN 30, 2026
$425,000
E
3 beds2 baths1,584 sq ft
25 Westview Rd, Damariscotta, ME 04543
SOLD DEC 19, 2025
$250,000
F
3 beds1 bath1,548 sq ft
201 Belvedere Rd, Damariscotta, ME 04543

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Earn from this home

Sell

$188,194

Est. take-home

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Rent

$2,422/mo

Redfin rental estimate

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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 505 River Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,455 (+5.1%)

$64,600 + $107,100

$171,700

2024

$2,335 (+15.5%)

$64,600 + $107,100

$171,700

2023

$2,022 (−4.6%)

$49,400 + $77,000

$126,400

2022

$2,119 (+3.9%)

$49,400 + $83,900

$133,300

2021

$2,039 (+129.1%)

$49,400 + $83,900

$133,300

2020

$890

$31,200 + $18,500

$49,700

2019

$890

$31,200 + $18,500

$49,700

2018

$890 (−0.8%)

$31,200 + $18,500

$49,700

2017

$897

$31,200 + $18,500

$49,700

2016

$897

$31,200 + $18,500

$49,700

2015

$897 (−31.7%)

$31,200 + $18,500

$49,700

2014

$1,314 (−10.1%)

$57,000 + $18,500

$75,500

2013

$1,461

$57,000 + $34,900

$91,900

Tax history for 505 River Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,455 (+5.1%)

$64,600 + $107,100

$171,700

2024

$2,335 (+15.5%)

$64,600 + $107,100

$171,700

2023

$2,022 (−4.6%)

$49,400 + $77,000

$126,400

2022

$2,119 (+3.9%)

$49,400 + $83,900

$133,300

2021

$2,039 (+129.1%)

$49,400 + $83,900

$133,300

2020

$890

$31,200 + $18,500

$49,700

2019

$890

$31,200 + $18,500

$49,700

2018

$890 (−0.8%)

$31,200 + $18,500

$49,700

2017

$897

$31,200 + $18,500

$49,700

2016

$897

$31,200 + $18,500

$49,700

2015

$897 (−31.7%)

$31,200 + $18,500

$49,700

2014

$1,314 (−10.1%)

$57,000 + $18,500

$75,500

2013

$1,461

$57,000 + $34,900

$91,900

*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

0.6 Acres

Year renovated

2004

Sq. Ft.

1,081

Year built

1900

Style

Single Family Residential

County

Lincoln County

APN

427036

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: 1 - 4 Spaces, Gravel
Vehicle Storage: 2 Car

Interior

Virtual Tour

Bathroom Information
# of Baths (Full): 1

Room 1 Information
Type: Bedroom 2
Level: First

Room 2 Information
Type: Dining Room
Level: First
Features: Heat Stove

Room 3 Information
Type: Primary Bedroom
Level: First

Room 4 Information
Type: Kitchen
Level: First

Room 5 Information
Type: Loft
Level: Second

Room 6 Information
Type: Bedroom 1
Level: Second

Room 7 Information
Type: Living Room
Level: First
Features: Heat Stove, Heat Stove Hookup

Basement Information
Basement Entry: Crawl Space, Bulkhead

Interior Features
# of Rooms: 7
Flooring: Wood, Tile

Exterior

Building Information
Construction Materials: Shingle Siding, Clapboard, Wood Frame
Foundation Details: Stone
Roof: Shingle
Total Building Area (Sq. Ft.): 1,149
Building Area Source: Public Records

Property Information
Property Sub Type: Single Family Residence
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 1,149

Lot Information
Lot Size (Sq. Ft.): $26,136
Lot Size (Acres): 0.6
Lot Size Source: Public Records
Lot Features: Open, Level, Near Shopping, Neighborhood
Zoning: District A

Financial

Tax Information
Annual Tax Amount: $889
Tax Year: 2020

Utilities

Utility Information
Has Heating
Heating: No Heat System
Electric: Circuit Breakers
Sewer: Private Sewer
Utilities On: No
Water Source: Private
Water Heater: Electric

Location

HOA Information
Pets Allowed: No Restrictions

Location Information
Unparsed Address: 505 River Road, Newcastle, ME 04553
Directions: Newcastle, River Road; approx. 3.5 miles from intersection of Bus 1.

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,081
Stories: 2.0
Lot Size: 0.6 acres
Style: Single Family Residential
Year Built: 1900
Year Renovated: 2004
County: Lincoln County
APN: 427036

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Great Salt Bay Community School

Public PreK-8 • Assigned • 3.6mi

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 87° 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

$300,000 – $363,000

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Nearby similar homes

$395,000

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1 bed0.5 baths1,000 sq ft

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New listings for sale in 04553

$1,250,000

4 beds2.5 baths2,856 sq ft

608 River Rd, Newcastle, ME 04553

Home values near 505 River Rd

Data from public records.

Address	Redfin Estimate
558 River Rd, Newcastle, ME 3 Beds \| 3 Baths \| 3287 Sq. Ft.	$730,432
467 River Rd, Newcastle, ME - Beds \| 1 Baths \| 1386 Sq. Ft.	$420,173

Address	Redfin Estimate
544 River Rd, Newcastle, ME 4 Beds \| 3.5 Baths \| 3085 Sq. Ft.	$1,423,961
543 River Rd, Newcastle, ME - Beds \| 1 Baths \| 1199 Sq. Ft.	$370,475

Address	Redfin Estimate
553 River Rd, Newcastle, ME 2 Beds \| 1.5 Baths \| 1080 Sq. Ft.	$615,622
455 River Rd, Newcastle, ME 3 Beds \| 2.5 Baths \| 2404 Sq. Ft.	$741,264

Property information provided by MREIS when last listed in 2020. 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 505 River Rd

Tax history for 505 River 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 505 River Rd

More real estate resources