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48 U.S. Rte 1, Nobleboro, ME 04555

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For Sale

$729,000

2 baths • 2 half baths • 2,981 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $244.55
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Unique opportunity to own a versatile income-producing property on Route 1 in Nobleboro. Situated on 5.25 subdivideable acres, the property currently features two distinct residences plus additional space for expansion. The main home is a fully restored 1700s Colonial with 2 bedrooms and 1.5 baths, blending period charm wide plank floors, exposed beams, enclosed porch with modern upgrades like a new kitchen, updated baths, and a skylit great room. The second dwelling, a spacious double-wide, has been partially converted into a one-bedroom apartment with brand-new kitchen, bath, and laundry, while the remaining half offers a flexible open layout with half bath and separate entrance ready to finish as another rental unit, workspace, or studio. With land already approved for division into three parcels, owners can generate income through multiple avenues: rentals, subdivision, or business use. Just minutes to Damariscotta and the midcoast, this property offers rare versatility and long-term investment potential.
MLS# 1636087

Courtesy Of Keller Williams Realty
Keller Williams Realty, Portland, ME 04102
(207) 879-9800

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Colonial
  • Exterior Type
    Vinyl Siding, Wood Siding
  • Floor Covering
    Carpet, Tile, Vinyl, Wood
  • Heating System
    Baseboard, Forced Air, Radiant
  • Lot Size
    5.25 Acres

Map and Directions

Directions to 48 U.S. Rte 1, Nobleboro, ME 04555

Home seller CENTURY 21 North East

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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