48 U.s. Rte 1, Nobleboro, ME 04555
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
48 U.s. Rte 1,Nobleboro, ME 04555
$729,000
- - Beds
- 4 Baths
- 2,981 sq. ft.
- Multi-family
- Active
Listed by:laura dionne
Office:keller williams realty
MLS#:1636087
Source:ME_MREIS
Price summary
- Price:$729,000
- Price per sq. ft.:$244.55
About this home
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.
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Home facts
- Year built:1794
- Listing ID #:1636087
- Updated:August 30, 2025 at 08:45 PM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:2
- Half bathrooms:2
- Living area:2,981 sq. ft.
Heating and cooling
- Heating:Baseboard, Direct Vent Furnace, Forced Air, Hot Water, Radiant
Structure and exterior
- Year built:1794
- Building area:2,981 sq. ft.
- Lot area:5.25 Acres
Utilities
- Water:Private
- Sewer:Private Sewer
Finances and disclosures
- Price:$729,000
- Price per sq. ft.:$244.55
- Tax amount:$2,727 (2025)
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