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Bean Group
Offered at $750,000Active
beds
15
baths
15
sq ft
3,770
Built
1859

40 Main Street

Limerick, ME 04048

About this home

Offered as a fully operational, turnkey hospitality property, Jeremiah Mason House Bed and Breakfast remains open, actively welcoming guests, and accepting future reservations throughout the sale process. Step into the charm and character of this exceptional historic New England property, The Jeremiah Mason House. Offering an incredibly rare opportunity to own a spacious 10 bedroom, 7 bathroom main home with endless possibilities. Rich in architectural detail and thoughtfully maintained, this one-of-a-kind 1859 property blends historic character with flexible living space to fit a variety functions and lifestyles. In addition to the main residence, the property features a carriage house that has been converted into three separate units, creating opportunities for multigenerational living, guest accommodations, rental income, or creative workspaces, subject to needs and applicable approvals. Set on beautifully landscaped grounds, the property offers expansive outdoor space perfect for entertaining, events, gardening, or simply enjoying the peaceful Maine setting. A charming chicken and duck coop adds to the unique appeal, making it ideal for those seeking a small homestead lifestyle. Located in the heart of downtown Limerick, under an hour to Portland, approximately 40 minutes and Portsmouth, New Hampshire, and about 20 minutes from western New Hampshire. Whether you envision a grand single-family residence, a multigenerational retreat, continued income-producing use, or another creative conversion, this remarkable property offers the space, character, and flexibility to bring your vision to life.

Listing last checked: Listing updated:

Listed by Listing Agent · Portside Real Estate Group · MLS #1674463

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Details at a glance

Interior5 property facts
Rooms
20
Heating
Oil, Propane, Wood, Forced Air, Zoned
Cooling
Heat Pump, Window Unit(s)
Flooring
Carpet, Vinyl, Wood
Fireplaces
9
Building5 property facts
Style
Single Family Residence
Year built
1859
Garage
0
Foundation
Brick/Mortar
Roof
Membrane, Metal, Shingle, Slate
Land & utilities4 property facts
Lot size
1.2 acres
Water
Public, Well
Sewer
Public Sewer
Zoning
B
Financial2 property facts
Annual taxes
$6,418
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $750,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,327 / monthAdjust
Principal & interest
$3,792
Property tax
$535
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $6,418. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 40 Main Street

Can I request a private showing?

Request a tour of 40 Main Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.