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  • $460,000

    87 Wharf Road, Yarmouth, ME 04096

    4beds
    1,788sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $465,800 Zestimate®
    $257/sqft
    $2,796 Estimated rent

    Home value

    $465,800

    $429,000 - $503,000

    $2,796/mo

    Zestimate® history
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    What's special

    Peaceful backyardCustom hand-crafted kitchenDedicated bread-kneading counterFlexible duplex configuration
    Investors Take Notice Diamond in the Rough — An unprecedented opportunity awaits at 87 Wharf Road on scenic Cousins Island. Priced $250k BELOW recent Assessed Value. Making its first return to the market since its original construction in 1960, this two-unit residence has been owned and cherished by the same family for more than six decades. With its versatile layout and expansive 1.84-acre lot, this property offers an exceptional foundation for renovation, investment, or multi-generational living. Originally designed as a single-family home, the main level features a custom, hand-crafted kitchen—complete with a dedicated bread-kneading counter overlooking the peaceful backyard. As the family expanded, the home evolved with it, adding a second garage bay and a private apartment to accommodate extended family—creating today's flexible duplex configuration. This property is being sold strictly ''as is'' and is ready for a comprehensive update. Yet, its enduring craftsmanship and thoughtful additions tell the story of a home built to last. A visionary buyer will appreciate the solid bones, generous lot size, and prime island location just minutes from Yarmouth Village and the Cousins Island Bridge. Recent capital improvements include: New roof and cedar shake siding (2010-2012) New well pump (2017) Updated water filtration system (2023-2024) Electrical system upgrade (2000) Whether you're seeking a duplex investment, a multi-family compound, or a single-home restoration project, 87 Wharf Road represents one of the most unique opportunities in Yarmouth's coastal market—where potential meets possibility.

    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty

    Bought with:

    Landmark Realty

    Source: Maine Listings,MLS#: 1640904MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Hot Water, Wood Stove
    Cooling
    • Wall Unit(s)
    Features
    • In-Law Floorplan
    • Flooring: Laminate, Other, Vinyl, Wood
    • Windows: Double Pane Windows
    • Basement: Exterior Entry,Interior Entry,Walk-Out Access,Finished
    Interior area
    • Total structure area: 1,788
    • Total interior livable area: 1,788 sqft
    • Finished area above ground: 1,788
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Paved, 1 - 4 Spaces, Basement
    • Garage spaces: 3
    Features
    • Has view: Yes
    • View description: Scenic, Trees/Woods
    • Body of water: Atlantic Ocean
    Lot
    • Size: 1.84 Acres
    • Features: Rural, Open Lot, Rolling Slope, Wooded
    Details
    • Additional structures: Outbuilding
    • Parcel number: YMTHM054L023
    • Zoning: LDR

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other,Raised Ranch
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Poured Concrete
    • Roof: Composition,Fiberglass,Shingle
    Condition
    • Year built: 1960

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Security System
    Location
    • Region: Yarmouth

    Financial & listing details

    • Price per square foot: $257/sqft
    • Tax assessed value: $410,000
    • Annual tax amount: $10,525
    • Date on market: 10/15/2025
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/12/2026Sold$460,000-8%$257/sqft
    Source: Maine Listings #1640904 Report a problem
    11/13/2025Pending sale$499,900$280/sqft
    Source: Maine Listings #1635333 Report a problem
    10/31/2025Contingent$499,900$280/sqft
    Source: Maine Listings #1640904 Report a problem
    9/18/2025Listed for sale$499,900-5.5%$280/sqft
    Source: Maine Listings #1635333 Report a problem
    9/11/2025Contingent$529,000$296/sqft
    Source: Maine Listings #1635333 Report a problem
    9/11/2025Pending sale$529,000$296/sqft
    Source: Maine Listings #1635333 Report a problem
    8/28/2025Listed for sale$529,000$296/sqft
    Source: Maine Listings #1635333 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$10,525 +9.1%$410,000
    2023$9,651 +8.9%$410,000
    2022$8,864 +10.3%$410,000
    2020$8,036 +6.3%$410,000
    2019$7,561 +3.6%$410,000
    2018$7,298 +3.7%$410,000
    2017$7,036 +0.6%$410,000
    2016$6,995 +24.5%$410,000 +57.3%
    2015$5,619 -0.2%$260,600
    2014$5,629 -1.8%$260,600
    2013$5,733 +3.8%$260,600
    2012$5,525 +4.5%$260,600
    2011$5,285 +8.8%$260,600 +4.8%
    2009$4,858 +1.9%$248,600
    2008$4,766 +5.3%$248,600 -0.5%
    2006$4,528 $249,900
    Find assessor info on the county website

    Neighborhood: 04096

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
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    $465,800
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    With Zillow Showcase(estimated)
    $475,116
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $465,800
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    +$9,316
    With Zillow Showcase(estimated)
    $475,116