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  • $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
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    $3,296/mo

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    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#: 1612072MLS Logo

    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

    DateEventPrice
    5/21/2025Sold$550,000-4.3%$127/sqft
    Source: Maine Listings #1612072
    4/2/2025Pending sale$575,000$132/sqft
    Source: Maine Listings #1612072
    3/14/2025Listed for sale$575,000$132/sqft
    Source: Maine Listings #1612072
    3/12/2025Contingent$575,000$132/sqft
    Source: Maine Listings #1612072
    2/13/2025Price change$575,000-3.4%$132/sqft
    Source: Maine Listings #1612072

    Public tax history

    YearProperty taxesTax 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
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    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