Discover a rare blend of acreage, privacy, and elevated living at 487 Gray Road in North Yarmouth. Sited on 5 pastoral acres, this beautifully updated residence offers a level of comfort and sophistication that is increasingly hard to find. Inside, the home unfolds with new hardwood floors, refined finishes, and a serene palette that complements the natural surroundings. The renovated kitchen anchors the main level with stylish updates and effortless flow into the dining and living spaces. The expansive primary suite is a standout, featuring exceptional scale, calming light, and the retreat-like feel every homeowner hopes to find. A walk-out lower level provides a heated bonus room, ideal for a private gym, studio, or creative workspace. Practical luxury continues with an attached 2-car garage, a Tesla charger, and a generator outlet for year-round peace of mind. Outdoors, the property opens to a stunning sweep of pasture, framed by mature trees and quiet views, an extraordinary setting for gardens, gatherings, or simply the daily rhythm of life in one of Maine's most desirable communities. If you've been seeking a home that offers land, tasteful modernization, and a sense of ease the moment you arrive, 487 Gray Road is the opportunity you've been waiting for.
* * * OPEN HOUSE Sat 10/21 3pm-5pm * * * As soon as you pull into the drive, you know this is a special property! Set back from the road for privacy, this spacious 3 Bed, 3 Bath Colonial home has lots to offer! Walking into the home from the front porch, you enter the large entry room with tile floors with a door to the back deck overlooking the backyard, perfect for entertaining or relaxing. Enjoy the peaceful setting with deer and other wildlife enjoying the mature apple trees. The kitchen features a pantry, separate closet and large windows overlooking the backyard. The front to back living room has wood floors. Formal dining room and full bath are also on the first floor. Upstairs you will find the spacious Primary en-suite complete with several closets including a large walk-in closet, a beautiful bathroom with double sinks, a soaking tub, skylight and separate shower. Also upstairs is an office space, and two additional bedrooms and another full bath. The dry daylight walk-out basement has a finished bonus room and could easily have more finished space. Generator hook up for peace of mind. Also wired for whole house security with ADP. Finished garage is EV ready! Located just minutes to I95! Convenient to Gray, Falmouth and Portland!
MREIS #1156116
Mar 6, 2015
Sold
$340,000
$110/sq ft
+30
Enjoy the serene setting of this spacious home with amazing views of your private 5+ acres! Great family room, large bedrooms, including huge master suite, first floor den/office, finished room in basement, wonderful outdoor space. Cumberland schools.
MREIS #1088266
Jul 31, 2013
Sold
$355,000
$115/sq ft
MREIS #1062704
Jul 21, 2012
Listed
$364,900
$118/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,495 (+4.6%)
$97,300 + $312,900
$410,200
2024
$8,122 (+3.2%)
$97,300 + $312,900
$410,200
2023
$7,868 (+6.0%)
$97,300 + $312,900
$410,200
2022
$7,425 (+5.9%)
$97,300 + $312,900
$410,200
2021
$7,014 (+3.3%)
$97,300 + $312,900
$410,200
2020
$6,789 (−0.4%)
$97,300 + $312,900
$410,200
2019
$6,818 (−0.3%)
$97,300 + $312,900
$410,200
2018
$6,838 (+7.9%)
$97,300 + $312,900
$410,200
2017
$6,339 (+1.8%)
$89,100 + $300,500
$389,600
2016
$6,229 (+0.6%)
$82,500 + $271,000
$353,500
2015
$6,193 (+2.1%)
$82,500 + $271,000
$353,500
2014
$6,063 (+4.7%)
$82,500 + $271,000
$353,500
2013
$5,790
$82,500 + $271,000
$353,500
Tax history for 487 Gray Rd
Year
Property tax
Land + Additions
Assessment*
2025
$8,495 (+4.6%)
$97,300 + $312,900
$410,200
2024
$8,122 (+3.2%)
$97,300 + $312,900
$410,200
2023
$7,868 (+6.0%)
$97,300 + $312,900
$410,200
2022
$7,425 (+5.9%)
$97,300 + $312,900
$410,200
2021
$7,014 (+3.3%)
$97,300 + $312,900
$410,200
2020
$6,789 (−0.4%)
$97,300 + $312,900
$410,200
2019
$6,818 (−0.3%)
$97,300 + $312,900
$410,200
2018
$6,838 (+7.9%)
$97,300 + $312,900
$410,200
2017
$6,339 (+1.8%)
$89,100 + $300,500
$389,600
2016
$6,229 (+0.6%)
$82,500 + $271,000
$353,500
2015
$6,193 (+2.1%)
$82,500 + $271,000
$353,500
2014
$6,063 (+4.7%)
$82,500 + $271,000
$353,500
2013
$5,790
$82,500 + $271,000
$353,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.