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.
Active
Price cut: $26K (10/15)
$799,000
295 Mills Road, Newcastle, ME 04553
2beds
1,892sqft
Est.:
Single Family Residence
Built in 1970
1.48 Acres Lot
$768,200 Zestimate®
$422/sqft
$-- HOA
What's special
- 113 days |
- 812 |
- 44 |
Zillow last checked: 8 hours ago
Listing updated: 17 hours ago
Listed by:
Maine Real Estate Co
Source: Maine Listings,MLS#: 1638120
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
| Date | Event | Price |
|---|---|---|
| 10/15/2025 | Price change | $799,000-3.2%$422/sqft |
Source: | ||
| 9/19/2025 | Listed for sale | $825,000+164%$436/sqft |
Source: | ||
| 7/17/2007 | Sold | $312,500$165/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
- 8/10Great Salt Bay Community SchoolGrades: K-8Distance: 1.3 mi
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