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  • Price cut: $15.9K (5/21)
    $449,000

    704 Cedar Grove Road, Dresden, ME 04342

    4beds
    1,716sqft
    : Get pre-qualified
    Single Family Residence
    Built in 1761
    31.5 Acres Lot
    $-- Zestimate®
    $262/sqft
    $-- HOA

    What's special

    Wide plank flooringBocce ball courtExposed beams
    Opportunities to restore an 18th-century estate on 31.5 private acres are becoming increasingly difficult to find. Set well back from the road at the end of a long private driveway, this 1761 farmhouse sits on an elevated site surrounded by mature trees, offering privacy and the chance to bring a piece of Maine history into its next chapter. The original home dates to 1761, with an ell addition completed in 1907. Inside, many of the features that attract buyers to historic homes remain intact, including wide plank flooring, exposed beams, and ceiling heights that feel remarkably generous for a home of this era. The floor plan has been partially opened while preserving much of the home's original character. The home presents an opportunity for thoughtful restoration while benefiting from practical improvements already in place, including a drilled well, a four-bedroom septic system installed in 2002, updated electrical service, and a propane-fired automatic generator capable of powering both the home and barn. Complementing the residence is a two-story cedar-shingled barn built in 2002. The lower level provides heated workshop space, while the upper level includes a kitchen, bathroom, bar, and gathering area. Outside, a bocce ball court, gazebo, and covered grilling area create an inviting setting for entertaining. With frontage on both Cedar Grove Road and Ludwig Road, the property offers flexibility that is increasingly difficult to find. Preliminary review suggests the acreage and frontage may support the creation of multiple lots, subject to Town approvals. Whether envisioned as a historic restoration estate, a family compound, or a long-term investment, the property offers opportunities beyond the existing structures. Conveniently located about ten minutes from I-295 and within easy reach of Bath, Brunswick, Augusta, and Damariscotta, this property combines history, privacy, and future potential in one offering.
    57 days
    |
    1,796
    |
    140
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Whitetail Property Real Estate, LLC

    Source: Maine Listings,MLS#: 1657052MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Bedroom 1
      • Level: Second
      Bedroom 2
      • Level: Second
      Bedroom 3
      • Level: Second
      Bedroom 4
      • Level: Second
      Den
      • Level: First
      Dining room
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Mud room
      • Level: First
      Heating
      • Hot Water, Wood Stove
      Cooling
      • None
      Appliances
      • Included: Dryer, Gas Range, Refrigerator, Washer, Tankless Water Heater
      Features
      • Flooring: Wood, Plank
      • Basement: Bulkhead,Interior Entry,Dirt Floor
      • Has fireplace: No
      Interior area
      • Total structure area: 1,716
      • Total interior livable area: 1,716 sqft
      • Finished area above ground: 1,716
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Gravel, 11 - 20 Spaces, On Site
      Features
      • Patio & porch: Porch
      • Has view: Yes
      • View description: Scenic, Trees/Woods
      Lot
      • Size: 31.5 Acres
      • Features: Rural, Rolling Slope, Wooded
      Details
      • Additional structures: Shed(s), Barn(s)
      • Parcel number: DRESM6L93
      • Zoning: Rural
      • Other equipment: Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Wood Siding
      • Foundation: Stone
      • Roof: Shingle
      Condition
      • Year built: 1761

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Dresden

      Financial & listing details

      • Price per square foot: $262/sqft
      • Tax assessed value: $368,600
      • Annual tax amount: $5,503
      • Date on market: 4/9/2026
      • Road surface type: Gravel, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/21/2026Price change$449,000-3.4%$262/sqft
        Source: Maine Listings #1657052 Report a problem
        4/9/2026Listed for sale$464,900$271/sqft
        Source: Maine Listings #1657052 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,345 +9.6%$368,600 +17.9%
        2023$4,877 +13.1%$312,600 +16%
        2022$4,312 +6.4%$269,500 +25%
        2021$4,053 $215,600
        2020$4,053 +3.9%$215,600 +0%
        2018$3,902 +1.7%$215,562
        2017$3,837 +1.1%$215,562
        2016$3,794 +2.9%$215,562
        2015$3,686 -0.1%$215,562 -0.7%
        2014$3,690 +13.3%$217,044
        2013$3,256 $217,044
        2012$3,256 $217,044

        Find assessor info on the county website

        Monthly payment

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          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.
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          Climate risks

          Neighborhood: 04342

          Getting around

          0 / 100
          Car-Dependent
          10 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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