This home's estimate is 32.8% lower than the average sale price ($454K) of 6 comparable homes.
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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
Redfin Estimate
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Market trends in 04553, ME
Last updated September 2026
Buyer's Market
Seller's Market
Balanced market
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Sale history for 505 River Rd
$131/sq ft
$121/sq ft
$77/sq ft
Tax history for 505 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
- 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
Around this home
Schools
Public PreK-8 • Assigned • 3.6mi
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 87° 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
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.
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Nearby similar homes
New listings for sale in 04553
Home values near 505 River Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 3287 Sq. Ft. | $709,441 |
- Beds | 1 Baths | 1386 Sq. Ft. | $398,774 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3.5 Baths | 3085 Sq. Ft. | $975,937 |
- Beds | 1 Baths | 1199 Sq. Ft. | $345,575 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1.5 Baths | 1080 Sq. Ft. | $595,768 |
3 Beds | 2.5 Baths | 2404 Sq. Ft. | $712,545 |
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