Welcome to this charming 3-bedroom, 2-bath ranch nestled on a sunny corner lot just minutes from Colby College in Waterville. Sitting on a large open yard with plenty of space for gardening or recreation, this home features newly refinished hardwood floors, updated kitchen flooring, and all-new electrical throughout for modern peace of mind. You'll love the thoughtful touches like cedar closets, new appliances and fixtures, a dry basement perfect for storage or future finishing, and a metal roof built to last. The well-insulated garage adds year-round functionality. Whether you're looking for a starter home, downsizing, or investing in a prime Waterville location, this property offers comfort, convenience, and value.
Single-familyProperty Type
1962Year Built
0.27 acresLot Size
$305Est. Price/Sq.Ft.
1 car garageParking
Listed by Rebecca Tibbetts• Coldwell Banker Plourde Real Estate
Washer, Refrigerator, Electric Range, Dryer, Dishwasher
Flooring: Wood, Vinyl
Exterior
Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Metal
Total Building Area (Sq. Ft.): 1,040
Building Area Source: Public Records
Exterior Features
Fencing: Fenced
Property Information
Property Sub Type: Single Family Residence
Year Built: 1962
Above-Grade Finished Area (Sq. Ft.): 1,040
Lot Information
Lot Size (Sq. Ft.): $11,761.20
Lot Size (Acres): 0.27
Lot Size Source: Public Records
Lot Features: Open, Corner Lot, Level, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
Road Surface Type: Paved
Zoning: RB
Financial
Tax Information
Annual Tax Amount: $2,908
Tax Year: 2024
Utilities
Utility Information
Has Heating
Heating: Zoned, Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Off Heating System
Location
Location Information
Unparsed Address: 16 Prospect Street, Waterville, ME 04901
Directions: From the Main Street Waterville exit, head towards the center of town on Main Street. Prospect Street will be . 7 miles on the right and home is . 1 miles on the left.
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,040
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1962
Year Renovated: —
County: Kennebec County
APN: 384241
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
George J Mitchell School
Public PreK-3 • Assigned • 0.5mi
3/10
Waterville Junior High School
Public 6-8 • Assigned • 2.5mi
5/10
Waterville Senior High School
Public 9-12 • Assigned • 0.6mi
4/10
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
3/10 Heat Factor
7 days above 93° expected this year, 15 days in 30 years
4/10 Wind Factor
15% 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
Waterville, ME • 04901
Average low and high temperatures (°F)
27
11
30
10
43
24
53
36
65
46
77
56
81
62
80
56
73
51
61
41
46
31
32
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 7.7 hours in
June and 3.1 hours in December, placing it below the
U.S. average for solar exposure.
7.7 hrs
3.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$301,000 – $365,000
Sell confidently with a local market expert in Waterville. 3 minutes to get started.