West facing deep water property on the Damariscotta River! Truly a rare offering, this property is located in the Walpole section of South Bristol and consists of two independent living spaces, a main house that is connected to a guest house by a sunporch offering great flexibility to suit various living situations. The approach to the property from the main road is a freshly paved lane that winds through a park-like setting of mature trees. Around the house the grounds have been professionally landscaped with masterfully constructed stonewalls and hardscape. With 5 acres of land 273 feet of waterfront, privacy is assured. The main house was built on the footprint of a previous cottage allowing it to be sited much closer to the water than can be done today resulting in a wonderful proximity to the River. The property has been exceptionally well-maintained and features include- hardwood floors, granite countertops, double sided gas fireplace, built-ins including window seats, cathedral ceilings, whole house automatic generator, mini-split cooling and heating, and oversized two-car garage/workshop with ample storage. The screen porch converts to a glass enclosure. Each structure has been designed to take advantage of the panoramic westerly views across the river and some of the best sunsets you have ever seen will be right here. Just minutes to the local golf course and the twin villages of Damariscotta/Newcastle which offers shopping, restaurants, coffee shops, library, organic food store, theater and hospital. An ideal boaters property with a deep water dock and several moorings provides access to a myriad of water sports and maritime pursuits. Run up to Damariscotta for Lunch. Fish for striped bass around the ledges or watch the seals sunbathing on the rocks. Heading down river will take you to the seaside communities of Christmas Cove on Rutherford island and East Boothbay on the western shore out to open ocean. Enjoy the benefit of low South Bristol taxes.
Single-familyProperty Type
2004Year Built
5 acresLot Size
$643Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Miles Geisler• Legacy Properties Sotheby's International Realty
Listed by Joanne Moore• Legacy Properties Sotheby's International Realty
Bought with David Bruce• Portside Real Estate Group
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Earn from this home
Sell
$667,573
Est. take-home
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Market trends in 04573, ME
Last updated September 2026
Sale-to-list price
98.3%
12.1% MoM
Median sale price
$1.1M
$465K MoM
Avg. days on market
43d
37 days MoM
Recently sold homes
3
2 MoM
Provided by Redfin
Sale history for 309 State Route 129
Date
Event
Price
MREIS #1577632
May 3, 2024
Sold
$1,980,000
$550/sq ft
Feb 20, 2024
Price Changed
$2,100,000
$583/sq ft
Nov 16, 2023
Listed
$2,300,000
$639/sq ft
MREIS #1323150
Mar 6, 2018
Sold
$950,000
$264/sq ft
Aug 22, 2017
Listed
$995,000
$276/sq ft
+29
Delightful South Bristol 2004 cape on 5 private acres with westerly views over the Damariscotta River, a deep water dock, and two moorings. Great spot to swim as well as all boating activities. Lots to offer including an attached guest cottage, glassed in porch, deck, 4 bedrooms, 3 1/2 baths, new kitchen, large garage with workshop space and good storage above, and garden shed. Close to town.
MREIS #1279638
Jul 14, 2017
Price Changed
$995,000
$276/sq ft
Aug 23, 2016
Listed
$1,100,000
$306/sq ft
MREIS #1141181
Jul 7, 2015
Sold
$855,000
$238/sq ft
May 19, 2015
Price Changed
$920,000
$256/sq ft
Apr 21, 2015
Listed
$949,000
$264/sq ft
MREIS #1077592
Jan 8, 2013
Listed
$999,900
$278/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$5,700 (+30.6%)
$700,700 + $395,500
$1,096,200
2023
$4,363 (−1.2%)
$700,700 + $395,500
$1,096,200
2021
$4,418 (+21.1%)
$700,700 + $395,500
$1,096,200
2017
$3,647
$700,700 + $388,000
$1,088,700
2016
$3,647 (+4.7%)
$700,700 + $388,000
$1,088,700
2015
$3,484 (+28.0%)
$700,700 + $388,000
$1,088,700
2007
$2,722
Tax history for 309 State Route 129
Year
Property tax
Land + Additions
Assessment*
2024
$5,700 (+30.6%)
$700,700 + $395,500
$1,096,200
2023
$4,363 (−1.2%)
$700,700 + $395,500
$1,096,200
2021
$4,418 (+21.1%)
$700,700 + $395,500
$1,096,200
2017
$3,647
$700,700 + $388,000
$1,088,700
2016
$3,647 (+4.7%)
$700,700 + $388,000
$1,088,700
2015
$3,484 (+28.0%)
$700,700 + $388,000
$1,088,700
2007
$2,722
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
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Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
4.79 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Other
County
Lincoln County
APN
489286
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
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Features
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Last updated by owner on Jul 27, 2026.
Property details
Parking
Parking Information
Has Garage
# of Garage Spaces: 2
Parking Features: Storage Above, Auto Door Opener, 5 - 10 Spaces, Paved, Detached
Vehicle Storage: 2 Car, Auto Door Opener, Detached, Storage Above
Interior
Bathroom Information
# of Baths (1/2): 2
# of Baths (Full): 3
Room 1 Information
Type: Dining Room
Level: First
Features: Formal
Room 2 Information
Type: Office
Level: Basement
Room 3 Information
Type: Laundry
Level: Basement
Room 4 Information
Type: Kitchen
Level: First
Features: Eat-In Kitchen, Gas Fireplace, Kitchen Island
Room 5 Information
Type: Bedroom 1
Level: Second
Features: Closet
Room 6 Information
Type: Primary Bedroom
Level: First
Features: Closet
Room 7 Information
Type: Bedroom 3
Level: First
Features: Closet, Full Bath
Room 8 Information
Type: Loft
Level: Second
Features: Sleeping, Stairway
Room 9 Information
Type: Living Room
Level: First
Features: Gas Fireplace
Room 10 Information
Type: Bedroom 2
Level: Basement
Features: Full Bath, Heat Stove
Basement Information
Basement Entry: Interior, Walk-Out Access, Daylight, Finished, Full