Look past a few unfinished projects and neighboring distractions, and you'll see the real value here: space, potential, and a location that's hard to beat.
This 3-bedroom home offers a spacious kitchen, a dry daylight walkout basement with direct access to the backyard, and an oversized 3-car garage with unfinished space above that could become an ADU, guest suite, home office, or rental opportunity.
Out back, a massive deck overlooks the backyard and above-ground pool, creating the perfect setup for summer gatherings.
Just 20 minutes from Portland, with easy access to Sebago Lake, the mountains, and Pineland Farms, this property offers room to grow and make it your own.
Active
Price cut: $24K (5/11)
$565,000
281 Portland Road, Gray, ME 04039
3beds
2,770sqft
Est.:
Single Family Residence
Built in 1995
2.73 Acres Lot
$-- Zestimate®
$204/sqft
$-- HOA
What's special
Above-ground poolSpacious kitchen
- 36 days |
- 2,328 |
- 123 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Maine Real Estate Co
Source: Maine Listings,MLS#: 1658111
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Level: Second
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Mud room
- Level: First
Office
- Level: First
Heating
- Baseboard, Radiant
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Electric Range, Refrigerator
Features
- Attic, Storage
- Flooring: Carpet, Tile, Wood
- Basement: Interior Entry,Daylight,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,770
- Total interior livable area: 2,770 sqft
- Finished area above ground: 2,770
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Paved, 5 - 10 Spaces
- Garage spaces: 3
Features
- Patio & porch: Deck, Patio
- Has private pool: Yes
- Has view: Yes
- View description: Fields, Trees/Woods
Lot
- Size: 2.73 Acres
- Features: Near Turnpike/Interstate, Near Town, Level, Open Lot, Landscaped
Details
- Parcel number: GRAYM069B035L011002
- Zoning: Commercial
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Wood Frame, Clapboard
- Foundation: Poured Concrete
- Roof: Shingle
Condition
- Year built: 1995
Utilities & green energy
- Electric: Circuit Breakers
- Water: Private, Well
Community & HOA
Location
- Region: Gray
Financial & listing details
- Price per square foot: $204/sqft
- Tax assessed value: $612,600
- Annual tax amount: $5,930
- Date on market: 4/16/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Price change | $565,000-4.1%$204/sqft |
Source:  Maine Listings #1658111 Report a problem | ||
| 5/4/2026 | Price change | $589,000-1.7%$213/sqft |
Source: Maine Listings #1658111 Report a problem | ||
| 4/16/2026 | Listed for sale | $599,000$216/sqft |
Source: Maine Listings #1658111 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,942 +14.2% | $612,600 +78.8% |
| 2023 | $5,202 +8.8% | $342,700 |
| 2022 | $4,781 +14.7% | $342,700 +21.3% |
| 2020 | $4,168 | $282,600 |
| 2019 | $4,168 +6.5% | $282,600 +1.1% |
| 2018 | $3,914 +4% | $279,600 +34% |
| 2017 | $3,765 -1.4% | $208,600 |
| 2016 | $3,817 +0.5% | $208,600 |
| 2015 | $3,797 | $208,600 |
| 2014 | $3,797 +15.7% | $208,600 +0.8% |
| 2012 | $3,281 +10.4% | $207,005 +7.6% |
| 2011 | $2,973 +3.4% | $192,450 -4.2% |
| 2009 | $2,874 | $200,950 |
| 2008 | $2,874 +15.3% | $200,950 |
| 2005 | $2,492 | $200,950 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04039
Nearby schools
GreatSchools rating
- NARussell SchoolGrades: K-2Distance: 3 mi
- 5/10Gray-New Gloucester Middle SchoolGrades: 5-8Distance: 4.2 mi
- 5/10Gray-New Gloucester High SchoolGrades: 9-12Distance: 4.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Cumberland County
- Gray
- 04039
- 281 Portland Road
Nearby cities
Nearby zip codes
Other Gray Topics
