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  • Price cut: $26K (10/15)
    $799,000

    295 Mills Road, Newcastle, ME 04553

    2beds
    1,892sqft
    : 
    Single Family Residence
    Built in 1970
    1.48 Acres Lot
    $768,200 Zestimate®
    $422/sqft
    $-- HOA

    What's special

    295 Mills Rd is the beautifully maintained retreat you have been searching for that offers the perfect blend of modern comfort with coastal charm. Perfect for boaters and kayakers alike, the 1.48 acre lot has approximately 256 feet of waterfrontage on the Great Salt Bay. Launch your kayak or cast a line right from your private dock. Step inside from the oversized mud room, and you are greeted by an open concept living room and kitchen with ample space for entertaining. Notice the wide-planked hardwood floors that flow throughout the home, adding warmth and character. The gas fireplace in the living room is perfect for knocking out the chill on those cool fall and winter nights. Off the living room is sure to be the focal and gathering point of the home; the 4 season heated porch with panoramic views of the water. This oversized room can be used as a dining area and second living room. The two bedrooms each have their own access to the porch through sliding glass doors. The larger bedroom has a large walk-in closet with a washer and dryer. Two full bathrooms complete the upstairs space. The home's septic system is designed for three bedrooms, offering the potential to expand into the full walkout basement in the future. A brand new heating system was installed in December of 2024, along with updated ductwork to accommodate the new system. There is direct access into the home from the attached garage. 295 Mills Rd has a solid track record of short-term rental income and can be sold fully furnished, down to the last detail, including kitchen utensils. It's an excellent option for those seeking a turnkey property with the flexibility for short-term rentals, or to be used and enjoyed as a year round residence.
    113 days
    |
    812
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    44
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    Zillow last checked: 8 hours ago

    Listing updated: 17 hours ago

    Listed by:

    Maine Real Estate Co

    Source: Maine Listings,MLS#: 1638120MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom 1
    • Level: First
    Bedroom 2
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Mud room
    • Level: First
    Sunroom
    • Level: First
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Flooring: Tile, Wood
    • Basement: Interior Entry
    • Number of fireplaces: 1
    • Furnished: Yes
    Interior area
    • Total structure area: 1,892
    • Total interior livable area: 1,892 sqft
    • Finished area above ground: 1,892
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    • Attached garage spaces: 3
    Features
    • Patio & porch: Deck, Glassed-in Porch
    • Has view: Yes
    • View description: Scenic
    • Body of water: Great Salt Bay
    • Frontage length: Waterfrontage: 256,Waterfrontage Owned: 256
    Lot
    • Size: 1.48 Acres
    Details
    • Parcel number: NEWCM007L044
    • Zoning: Shoreland

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Roof: Shingle
    Condition
    • Year built: 1970

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Newcastle

    Financial & listing details

    • Price per square foot: $422/sqft
    • Tax assessed value: $360,400
    • Annual tax amount: $6,605
    • Date on market: 9/19/2025

    Estimated market value

    $768,200

    $730,000 - $807,000

    $2,132/mo

    Price history

    Price history
    DateEventPrice
    10/15/2025Price change$799,000-3.2%$422/sqft
    Source: Maine Listings #1638120 Report a problem
    9/19/2025Listed for sale$825,000+164%$436/sqft
    Source: Maine Listings #1638120 Report a problem
    7/17/2007Sold$312,500$165/sqft
    Source: Agent Provided Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$5,766 $360,400
    2023$5,766 +0.6%$360,400
    2022$5,730 +3.9%$360,400

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,997/mo
    Principal & interest
    $3098
    Property taxes
    $619
    Home insurance
    $280

      Climate risks

      Neighborhood: 04553

      Nearby schools

      GreatSchools rating

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