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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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19 1 & 9 Franklin Terrace , South Portland, ME 04106
$3,300,000
Est. Payment: $7,333.33/mo
7 Bed
5 Bath
4300 Sqft
Status: Active | Days on site: 471
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2872 - 001960
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House Description

An exceptional and increasingly rare offering in South Portland's coveted Willard Beach neighborhood. Two homes 1 Franklin recently remodeled- 4+bedrooms, 3 full baths. 9 Franklin in need of some TLC, 3 bedrooms 2 baths. Now presenting potential for a development (subject to approvals), or an extraordinary multi-generational family compound directly on the beach. Set on a premier waterfront site with sweeping views of Spring Point Ledge Lighthouse, Casco Bay, and the islands, this unique property includes two residences positioned to capture the beauty and energy of Maine's coastline from multiple perspectives. The larger home, recently remodeled, offers four to five bedrooms and expansive living spaces designed to maximize ocean views and natural light. Wake to sunrises over Casco Bay, watch working boats pass through the harbor, and experience true waterfront living from nearly every vantage point. The second residence enjoys its own distinct outlook across the ocean, creating flexibility for guest accommodations, rental income, or extended family living. If utilized as a private compound, there is also potential for an additional buildable lot located in front of the smaller residence, creating the rare opportunity for three separate living spaces -- the primary home, guest residence, and an additional homesite (subject to approvals).

Highlights

Listed by Anne Ross-Murray , 207-831-5238 F.O. Bailey Real Estate , 207-781-1111.

Property Type

Residential

Lot/Acreage
0.55

Year Built

1990

County

Cumberland

Listing ID

1624824

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:5
  • Full Bathrooms:5
Appliances:Dishwasher, Disposal, Dryer, Microwave, Electric Range, Gas Range, Refrigerator, Washer, Tankless Water Heater, Cable,Generator,Internet Access Available
Air Cond:Wall/Window Unit(s),Heat Pump
Fireplaces:
Floor:Laminate,Tile,Vinyl,Wood
Above Ground Sq Ft:4300
Below Ground Sq Ft:0
Basement:Interior Entry,Sump Pump,Unfinished,Slab
Other:
  • Additional:1st Floor Bedroom, Attic, Bathtub, In-Law Floorplan, Pantry, Shower, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
Water:Public

Exterior Features

Lot:Irrigation System,Near Public Beach,Near Shopping,Near Town,Neighborhood,Level,Landscaped
Zoning:A
Roof:Fiberglass,Shingle
Others:
  • Additional:Beach Rights, Oceanfront
Sewer:Public Sewer
Parking Features:Paved,1 - 4 Spaces,5 - 10 Spaces,On Site,Garage Door Opener,Inside Entrance,Heated Garage
Principal Interest
$7,333
Taxes
$3,417

Home Price

$3,300,000

Loan Details

30 yrs
%

Down Payment

20%
$660,000
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Monthly Price:
$7,333.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,333.33 $3,416.67 $0.00 $10,750.00
Yearly $88,000.00 $41,000.00 $0.00 $129,000.00
Total $2,640,000.00 $1,230,000.00 $0.00 $3,870,000.00

Today's Rates

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0%

20 Year

0%

15 Year

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Market insight data is pulled from the same city as the listing being viewed (South Portland, ME).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.