Closed
$550,000
549 Main Street, Monmouth, ME 04259
6beds
4,340sqft
Multi Family
Built in 1905
-- sqft lot
$572,100 Zestimate®
$127/sqft
$1,886 Estimated rent
Home value
$572,100
$435,000 - $749,000
$1,886/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Nestled on 7.8 acres of scenic land, this unique two-unit property offers both income potential and plenty of space for your personal enjoyment. Located in the heart of Monmouth, ME, it includes a successful Airbnb-ready 4-bedroom, 3-bathroom home, a cozy 2-bedroom, 1.5-bathroom unit, an old cider barn full of character, and private access to the tranquil Cochnewagon Lake just across the railroad tracks. The spacious 4-bedroom, 3-bathroom unit has been a consistently successful Airbnb, making it an ideal investment opportunity or a perfect space for large families. With its bright, open layout, the home features modern amenities while retaining classic New England charm. Expansive living areas, a fully equipped kitchen, and cozy bedrooms provide guests with a comfortable, memorable stay. The property's sprawling yard and serene surroundings further elevate the guest experience, offering them a true escape.The second unit is a 2-bedroom, 1.5-bathroom home that was rented to a family friend under market value, offering potential for a new tenant at full market rate or a private in-law suite. This unit is perfect for multigenerational living or additional rental income. With a spacious kitchen, cozy living spaces, and a private entry, this unit provides both comfort and privacy. A unique feature of this property is the charming old cider barn, full of rustic character and ready for transformation. Whether you're looking for additional storage, a workshop, or a space to create your own studio, this historic structure adds character and versatility to the property.Enjoy the serenity and beauty of Cochnewagon Lake just a short walk away across the railroad tracks. Whether you're into boating, fishing, or simply enjoying nature, this access provides a special touch to this already incredible property.
Zillow last checked: 8 hours ago
Listing updated: May 23, 2025 at 01:01pm
Listed by:
Summit Real Estate
Bought with:
Real Broker
Source: Maine Listings,MLS#: 1612072
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Baseboard, Forced Air, Heat Pump, Hot Water, Zoned
Cooling
- None
Features
- Attic, Bathtub, In-Law Floorplan, Shower, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
- Flooring: Carpet, Tile, Vinyl, Wood
- Basement: Interior Entry,Full,Unfinished
Interior area
- Total structure area: 4,340
- Total interior livable area: 4,340 sqft
- Finished area above ground: 4,340
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Paved, 11 - 20 Spaces, On Site, Off Street
- Attached garage spaces: 4
Features
- Patio & porch: Deck, Porch
- Body of water: Cochnewagon
Lot
- Size: 7.90 Acres
- Features: Rural, Level, Pasture
Details
- Additional structures: Outbuilding, Shed(s), Barn(s)
- Parcel number: MONMM16L28
- Zoning: RES
- Other equipment: Cable, Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Farmhouse
- Property subtype: Multi Family
Materials
- Other, Wood Frame, Aluminum Siding, Clapboard, Shingle Siding
- Foundation: Granite, Brick/Mortar
- Roof: Metal,Shingle
Condition
- Year built: 1905
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Monmouth
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2025 | Sold | $550,000-4.3%$127/sqft |
Source: | ||
| 4/2/2025 | Pending sale | $575,000$132/sqft |
Source: | ||
| 3/14/2025 | Listed for sale | $575,000$132/sqft |
Source: | ||
| 3/12/2025 | Contingent | $575,000$132/sqft |
Source: | ||
| 2/13/2025 | Price change | $575,000-3.4%$132/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,182 +13% | $253,400 |
| 2023 | $4,587 +6.7% | $253,400 +15% |
| 2022 | $4,298 +7.4% | $220,400 |
Find assessor info on the county website
Neighborhood: 04259
Nearby schools
GreatSchools rating
- 6/10Monmouth Memorial SchoolGrades: PK-8Distance: 1.9 mi
- 6/10Monmouth AcademyGrades: 9-12Distance: 1.8 mi

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$572,100
2% more+ $11,442
With Zillow Showcase(estimated)
$583,542
