This home's estimate is 25% higher than the average sale price ($454K) of 6 comparable homes.
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581 Main St, Readfield, ME 04355
About this home
Nature lovers dream property. Imagine having your morning coffee watching the fish jump in the pond which is located entirely on this property. This vintage Cape has 4 bedrooms and 2 full baths and sits on 38.5 acres. The house has been updated over the years but the character still remains. First floor boasts wood floors and exposed beams. There are three fireplaces to take off the winter chill and two heat pumps to keep you cool in the summer. The covered deck overlooks the private back lawn space and the pond. There is a two car attached garage and plenty of parking for entertaining. Full dry unfinished basement provides ample storage. No survey showing the exact amount of water frontage on the pond. The property has a long well documented history as a flax oil mill on Beaver Brook which was abandoned prior to 1840. Old granite foundation stones of mill still there. The property is not surveyed. Land area source is from town of Readfield assessing records. Buyer to satisfy themselves to boundaries and land area. Property is close to Augusta and Winthrop!! Schedule your private showing today.
Redfin Estimate
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Market trends in 04355, ME
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
Provided by Redfin
Sale history for 581 Main St
$290/sq ft
$300/sq ft
$315/sq ft
Tax history for 581 Main St
*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
- Attached Garage: Yes
- # of Garage Spaces: 2
- Parking Features: Auto Door Opener, 5 - 10 Spaces, Paved, On Site, Inside Entrance
- Vehicle Storage: 2 Car, Attached, Auto Door Opener, Direct Entry to Living
Interior
- Virtual Tour
- Bathroom Information
- # of Baths (Full): 2
- Room 1 Information
- Type: Kitchen
- Level: First
- Room 2 Information
- Type: Dining Room
- Level: First
- Features: Wood-Burning Fireplace
- Room 3 Information
- Type: Primary Bedroom
- Level: Second
- Features: Closet
- Room 4 Information
- Type: Bedroom 2
- Level: Second
- Features: Closet
- Room 5 Information
- Type: Den
- Level: First
- Features: Built-Ins, Wood-Burning Fireplace
- Room 6 Information
- Type: Bedroom 1
- Level: Second
- Features: Closet
- Room 7 Information
- Type: Living Room
- Level: First
- Features: Wood-Burning Fireplace
- Room 8 Information
- Type: Bedroom 3
- Level: Second
- Features: Closet
- Basement Information
- Basement Entry: Interior, Full, Bulkhead, Unfinished
- Interior Features
- # of Rooms: 8
- Interior Features: Bathtub
- Washer, Refrigerator, Microwave, Dryer, Dishwasher, Cooktop
- Flooring: Wood, Vinyl, Carpet
- Other Equipment: Generator
- Laundry Information
- Laundry Features: 1st Floor Laundry, Main Level
- Fireplace Information
- # of Fireplaces: 3
- Has Fireplace
Exterior
- Building Information
- Construction Materials: Wood Siding, Wood Frame
- Foundation Details: Concrete Perimeter
- Roof: Shingle
- Total Building Area (Sq. Ft.): 1,827
- Building Area Source: Public Records
- Exterior Features
- Patio & Porch Features: Deck
- Property Information
- Property Sub Type: Single Family Residence
- Security Features: Security System
- Year Built: 1825
- Above-Grade Finished Area (Sq. Ft.): 1,827
- Lot Information
- Lot Size (Sq. Ft.): $1,677,060
- Lot Size (Acres): 38.5
- Lot Size Source: Public Records
- Lot Features: Well Landscaped, Rolling/Sloping, Open, Agricultural, Wooded, Near Town
- Road Surface Type: Paved
- Zoning: RP & Residential
- Waterfront Information
- Waterfront: Yes
- Water Body Name: Mill Pond
- Water Body Type: Pond
- Water View: Yes
Financial
- Tax Information
- Annual Tax Amount: $2,807
- Tax Year: 2023
Utilities
- Utility Information
- Has Heating
- Heating: Hot Water, Heat Pump, Baseboard
- Has Cooling
- Cooling: Heat Pump
- Electric: Circuit Breakers
- Sewer: Septic Tank, Private Sewer
- Water Source: Well, Private
- Water Heater: Off Heating System
Location
- School Information
- High School District: RSU 38
- Location Information
- Unparsed Address: 581 Main Street, Readfield, ME 04355
- Directions: GPS Friendly
Public facts
- Beds: 4
- Baths: 2.0
- Sq. Ft.: 1,827
- Stories: —
- Lot Size: 38.5 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 1825
- Year Renovated: —
- County: Kennebec County
- APN: 520655
Around this home
Schools
Public PreK-5 • 0.7mi
Public 6-8 • 2.3mi
Public 9-12 • 2.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.15% chance of being in a wildfire in next 30 years
7 days above 91° expected this year, 16 days in 30 years
11% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 7.8 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
Home values near 581 Main St
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1728 Sq. Ft. | $350,845 |
4 Beds | 2 Baths | 704 Sq. Ft. | $306,623 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1125 Sq. Ft. | $269,603 |
4 Beds | 2 Baths | 1248 Sq. Ft. | $303,811 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1.5 Baths | 972 Sq. Ft. | — |
3 Beds | 1 Baths | 1602 Sq. Ft. | — |
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