1 & 9 Franklin Terrace, South Portland, ME 04106
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
1 & 9 Franklin Terrace,South Portland, ME 04106
$3,900,000
- 7 Beds
- 5 Baths
- 4,300 sq. ft.
- Single family
- Active
Listed by: anne ross-murray
Office: f.o. bailey real estate
MLS#:1624824
Source:ME_MREIS
Price summary
- Price:$3,900,000
- Price per sq. ft.:$906.98
About this home
An exceptional and increasingly rare offering in South Portland's coveted Willard Beach neighborhood — now presenting potential for a 12+-unit condominium 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).
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Home facts
- Year built:1990
- Listing ID #:1624824
- Updated:March 28, 2026 at 02:56 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Rooms Total:14
- Flooring:Laminate, Tile, Vinyl, Wood
- Bathrooms Description:Bathtub, Shower
- Kitchen Description:Dishwasher, Disposal, Electric Range, Gas Range, Microwave, Pantry, Refrigerator
- Bedroom Description:1st Floor Bedroom, Primary Bedroom w/Bath
- Basement Description:Sump Pump, Unfinished
- Living area:4,300 sq. ft.
Heating and cooling
- Heating:Baseboard, Heat Pump, Hot Water, Radiant
Structure and exterior
- Year built:1990
- Building area:4,300 sq. ft.
- Lot area:0.55 Acres
- Lot Features:Irrigation System, Level, Near Public Beach, Near Shopping, Near Town, Neighborhood, Well Landscaped
- Architectural Style:Bungalow
- Construction Materials:Composition, Vinyl Siding, Wood Frame
- Exterior Features:Deck
- Foundation Description:Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,900,000
- Price per sq. ft.:$906.98
- Tax amount:$36,796 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Range, Gas Range, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer, Washer Hookup
- Amenities:One-Floor Living, Storage, Walk-In Closets
Parking
- Parking description:1 - 4 Spaces, 5 - 10 Spaces, Inside Entrance, On Site, Other, Paved
- Garage:Yes
- Garage spaces:2
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