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Active under contractPrice cut: $15K (8/28)
$500,000
4beds
1,786sqft

291 Penney Road, New Gloucester, ME 04260

4beds
1,786sqft
Single family residence
Built in 1985
3.10 Acres
3 Garage spaces
$280 price/sqft

What's special

Set on 3.1 beautifully landscaped acres in New Gloucester, this meticulously maintained 4-bedroom, 2-bath home offers the perfect balance of privacy, functionality, and the charm of country living. Surrounded by mature trees and abundant wildlife, the property provides a peaceful setting while remaining conveniently located to nearby amenities and commuter routes. Inside, you'll find a warm, inviting interior with a thoughtfully designed layout that blends open living spaces with just the right amount of separation, creating comfortable spaces for both everyday living and entertaining. Lovingly cared for and truly turnkey, this home is ready for its next owner to move in and make it their own. Outside is where this property truly shines. The oversized 3-car garage is complemented by an attached workshop are and bonus storage space above, providing exceptional space for hobbies, projects, equipment, or recreational vehicles. The charming barn stalls present endless possibilities, whether you're looking to accommodate livestock, create a gardening or hobby space, design the perfect workshop, or transform it into a cozy she shed or studio. An additional storage shed adds even more versatility to this already impressive property. Whether you're dreaming of homesteading, pursuing new hobbies, or simply enjoying the beauty and tranquility of Maine, 291 Penney Road offers the space, flexibility, and lifestyle to make it possible.

27 days
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2,634
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181
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Likely to sell faster than

Source: Maine Listings,MLS#: 1675763MLS Logo
Travel times

Living Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Hearth & Key Realty 2077133144

Source: Maine Listings,MLS#: 1675763MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
Bedroom 1
  • Level: Second
Bedroom 2
  • Level: Second
Bedroom 3
  • Level: Second
Bedroom 4
  • Level: Second
Dining room
  • Level: First
Kitchen
  • Level: First
Living room
  • Level: First
Mud room
  • Level: Basement
Heating
  • Forced Air, Wood Stove
Cooling
  • Window Unit(s)
Appliances
  • Included: Dishwasher, Dryer, Microwave, Electric Range, Washer
Features
  • Attic, Bathtub, Shower, Storage
  • Flooring: Tile, Vinyl, Wood
  • Basement: Interior Entry,Walk-Out Access,Daylight,Finished,Full,Unfinished
  • Number of fireplaces: 2
Interior area
  • Total structure area: 1,786
  • Total interior livable area: 1,786 sqft
  • Finished area above ground: 1,786
  • Finished area below ground: 0
Video & virtual tour

Property

Parking
  • Total spaces: 3
  • Parking features: Gravel, 11 - 20 Spaces, Detached, Storage
  • Garage spaces: 3
Features
  • Patio & porch: Deck, Porch
  • Has view: Yes
  • View description: Scenic, Trees/Woods
Lot
  • Size: 3.1 Acres
  • Features: Near Golf Course, Near Turnpike/Interstate, Near Town, Rural, Level, Open Lot, Rolling Slope, Landscaped, Wooded
Details
  • Additional structures: Outbuilding, Shed(s)
  • Parcel number: NEWGM0004L0028B
  • Zoning: Rural Residential

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Dutch Colonial
  • Property subtype: Single Family Residence
Materials
  • Wood Frame, Vinyl Siding
  • Foundation: Poured Concrete
  • Roof: Shingle
Condition
  • Year built: 1985

Utilities & green energy

  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Tank
  • Water: Private, Well

Community & HOA

Location
  • Region: New Gloucester

Financial & listing details

  • Price per square foot: $280/sqft
  • Tax assessed value: $257,637
  • Annual tax amount: $3,986
  • Date on market: 8/12/2026
  • Road surface type: Paved

Price history

DateEventPrice
9/6/2026Contingent$500,000$280/sqft
Source: Maine Listings #1675763 Report a problem
8/28/2026Price change$500,000-2.9%$280/sqft
Source: Maine Listings #1675763 Report a problem
8/12/2026Listed for sale$515,000+415%$288/sqft
Source: Maine Listings #1675763 Report a problem
3/8/2011Sold$100,000$56/sqft
Source: Maine Listings #998902 Report a problem

Public tax history

YearProperty taxesTax assessment
2024$3,836 +4.2%$257,637
2023$3,682 +3.6%$257,637
2022$3,555 $257,637
2020$3,555 -4.6%$257,637 +16.9%
2019$3,725 +7%$220,400
2018$3,482 +1.3%$220,400
2017$3,438 +6.1%$220,400
2016$3,240 +0.3%$220,400
2015$3,229 +1%$220,400
2014$3,196 +7.8%$220,400
2013$2,964 +3.9%$220,400
2012$2,854 $220,400
2011$2,854 +17.9%$220,400 +5.6%
2009$2,421 $208,700

Find assessor info on the county website

Monthly payment

Est. payment
$2,982/mo
Principal & interest
$2574
Property taxes
$408
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 04260

Nearby schools

Burchard A Dunn School
Grades PK-42.2 miles
9/10
GreatSchools® Rating
Test Score Rating
9/10
Gray-New Gloucester Middle School
Grades 5-84.3 miles
5/10
GreatSchools® Rating
Test Score Rating
5/10
Gray-New Gloucester High School
Grades 9-124 miles
5/10
GreatSchools® Rating
Test Score Rating
8/10
College Readiness Rating
2/10