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Offered at $250,000Under Contract
beds
3
baths
2
sq ft
1,908
Built
1840

11 Academy Hill Road

Newcastle, ME 04553

About this home

This 1840's Cape Cod/Garrison in Newcastle village, is a short stroll from the shops, restaurants, and waterfront of Damariscotta and Newcastle. Original character runs throughout: wide plank pine floors, a brick bread oven, and period trim. The first floor holds a spacious kitchen, a living room with fireplace, an updated full bath, and two parlor rooms across the front. Upstairs are three bedrooms and a second full bath, plus attic space above both the ell and main house for storage or future expansion - 1,908 square feet in all. The .36-acre village lot has room for gardening and entertaining. The home is connected to town water and sewer. Held as a treasured summer retreat since 1968 and used seasonally; there is no heating system in place. The foundation, some floor joists and support beams require structural attention. This is a rare opportunity to restore and reimagine an enduring piece of coastal Maine, in one of the mid-coast's most sought after villages.

Listing last checked: Listing updated:

Listed by Listing Agent · Legacy Properties Sotheby's International Realty · MLS #1661809

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Details at a glance

Interior5 property facts
Rooms
7
Heating
None
Cooling
None
Flooring
Wood
Fireplaces
2
Building4 property facts
Style
Single Family Residence
Year built
1840
Foundation
Slab, Stone, Brick/Mortar
Roof
Shingle
Land & utilities4 property facts
Lot size
0.36 acres
Water
Public
Sewer
Public Sewer
Zoning
D5
Financial2 property facts
Annual taxes
$5,872
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $250,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,753 / monthAdjust
Principal & interest
$1,264
Property tax
$489
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $5,872. 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 11 Academy Hill Road

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