Affordable Opportunity in Desirable Gorham!
Discover the potential of this affordable home in Gorham. Just steps from beautiful North Gorham Pond, this property offers a rare opportunity to enjoy Maine's outdoor lifestyle with easy access to kayaking, fishing, swimming, and year-round recreation.
Inside, efficient heat pumps provide economical heating and cooling, while the home offers a fantastic opportunity to build equity through cosmetic updates and personal improvements. Whether you're an investor looking to expand your portfolio or a buyer ready to create your dream home, this property is full of possibilities.
The home is currently tenant occupied, offering potential rental income for investors or flexibility for future occupancy.
Gorham continues to be one of Southern Maine's most desirable communities, known for its charming New England village center, highly regarded schools, miles of walking and hiking trails, and the University of Southern Maine's Gorham campus. Located just minutes from Portland, residents enjoy the perfect balance of small-town charm with convenient access to shopping, dining, employment centers, and the Maine Turnpike. With a growing population and strong sense of community, Gorham remains a destination for those seeking an exceptional quality of life.
Don't miss this chance to invest in a home with great bones, an unbeatable location, and endless potential.
Active
$360,000
317 N Gorham Road, Gorham, ME 04038
2beds
1,389sqft
Single Family Residence
Built in 1975
1.47 Acres Lot
$375,100 Zestimate®
$259/sqft
$-- HOA
What's special
- 1 hour |
- 105 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Landing Real Estate
Source: Maine Listings,MLS#: 1671020
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Dining room
- Features: Dining Area
- Level: First
Kitchen
- Features: Eat-in Kitchen
- Level: First
Living room
- Level: First
Other
- Features: Rec Room
- Level: Basement
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Electric Range, Refrigerator
Features
- Shower
- Flooring: Carpet, Laminate, Vinyl
- Basement: Interior Entry,Walk-Out Access,Finished,Full,Partial
- Has fireplace: No
Interior area
- Total structure area: 1,389
- Total interior livable area: 1,389 sqft
- Finished area above ground: 1,197
- Finished area below ground: 192
Property
Parking
- Parking features: Paved, 1 - 4 Spaces, On Site
Features
- Patio & porch: Deck
- Body of water: North Gorham Pond
Lot
- Size: 1.47 Acres
- Features: Near Public Beach, Rural, Level, Open Lot, Landscaped
Details
- Parcel number: GRHMM112B015L000
- Zoning: res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Foundation: Other
- Roof: Shingle
Condition
- Year built: 1975
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Private
Community & HOA
Location
- Region: Gorham
Financial & listing details
- Price per square foot: $259/sqft
- Tax assessed value: $257,500
- Annual tax amount: $3,922
- Date on market: 7/9/2026
- Road surface type: Paved
Estimated market value
$375,100
$345,000 - $405,000
$2,922/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $360,000+5.9%$259/sqft |
Source: | ||
| 2/19/2025 | Listing removed | $340,000$245/sqft |
Source: | ||
| 10/22/2024 | Listed for sale | $340,000+64.3%$245/sqft |
Source: | ||
| 8/29/2022 | Sold | $206,957+18.3%$149/sqft |
Source: Agent Provided Report a problem | ||
| 4/19/2022 | Pending sale | $175,000$126/sqft |
Source: | ||
| 4/15/2022 | Listing removed | -- |
Source: | ||
| 10/7/2021 | Pending sale | $175,000$126/sqft |
Source: | ||
| 10/2/2021 | Listed for sale | $175,000$126/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,785 +6.9% | $257,500 |
| 2023 | $3,541 +7% | $257,500 |
| 2022 | $3,309 +25.6% | $257,500 +85.7% |
| 2020 | $2,635 +0.3% | $138,700 |
| 2019 | $2,628 +4.1% | $138,700 |
| 2018 | $2,524 +6.4% | $138,700 |
| 2017 | $2,372 +0.6% | $138,700 |
| 2016 | $2,358 +4.3% | $138,700 |
| 2015 | $2,261 +4.9% | $138,700 +11.9% |
| 2014 | $2,156 +0.6% | $123,900 |
| 2013 | $2,143 +6.1% | $123,900 |
| 2012 | $2,020 | $123,900 |
| 2011 | $2,020 +2.5% | $123,900 |
| 2009 | $1,970 -0.6% | $123,900 |
| 2008 | $1,982 +6.6% | $123,900 +29.2% |
| 2006 | $1,860 | $95,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 04038
Nearby schools
GreatSchools rating
- 8/10Great Falls Elementary SchoolGrades: K-5Distance: 4.7 mi
- 8/10Gorham Middle SchoolGrades: 6-8Distance: 9.3 mi
- 9/10Gorham High SchoolGrades: 9-12Distance: 8.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Cumberland County
- Gorham
- 04038
- 317 N Gorham Road





