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  • $520,000

    281 Portland Road, Gray, ME 04039

    3beds
    2,770sqft
    Single Family Residence
    Built in 1995
    2.73 Acres Lot
    $514,900 Zestimate®
    $188/sqft
    $3,482 Estimated rent

    Home value

    $514,900

    $489,000 - $541,000

    $3,482/mo

    Zestimate® history
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    What's special

    Spacious kitchen
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Real Broker 207-317-6464

    Bought with:

    EXP Realty

    Source: Maine Listings,MLS#: 1664959MLS Logo

    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,Walk-Out Access,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, Generator Hookup
    • Sewer: Septic Tank
    • Water: Private, Well

    Community & HOA

    Location
    • Region: Gray

    Financial & listing details

    • Price per square foot: $188/sqft
    • Tax assessed value: $612,600
    • Annual tax amount: $5,930
    • Date on market: 6/2/2026
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/15/2026Sold$520,000-1%$188/sqft
    Source: Maine Listings #1664959 Report a problem
    6/25/2026Pending sale$525,000$190/sqft
    Source: Maine Listings #1664959 Report a problem
    6/18/2026Price change$525,000-4.4%$190/sqft
    Source: Maine Listings #1664959 Report a problem
    5/24/2026Price change$549,000-2.8%$198/sqft
    Source: Maine Listings #1658111 Report a problem
    5/11/2026Price change$565,000-4.1%$204/sqft
    Source: Maine Listings #1658111 Report a problem
    5/4/2026Price change$589,000-1.7%$213/sqft
    Source: Maine Listings #1658111 Report a problem
    4/16/2026Listed for sale$599,000$216/sqft
    Source: Maine Listings #1658111 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 04039

    Nearby schools

    GreatSchools rating
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    $514,900
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    With Zillow Showcase(estimated)
    $525,198