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Bean Group
Offered at $549,000Active
beds
2
baths
1
sq ft
1,200
Built
1960

29 Sherman Street

Newport, ME 04953

About this home

Wake up to breathtaking sunrises in this charming 2-bedroom, 1-bath waterfront cottage on Sebasticook Lake. Situated right at the water's edge, this property offers deep water frontage, making it ideal for boating, fishing, or simply relaxing by the water. Set in a quaint neighborhood on a double corner lot on a town maintained road, the property provides extra space and future potential. A secondary structure sitting just steps from the water, in need of TLC but grandfathered for building, is ready to bring your vision to life. Whether you're looking for a peaceful retreat or your new year-round home, this lakefront property combines stunning views and exceptional waterfront access. Being offered fully furnished, you start enjoying the lake on day one!

Listing last checked: Listing updated:

Listed by Listing Agent · Trundy & Company Real Estate · MLS #1673380

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Details at a glance

Interior5 property facts
Rooms
4
Heating
Hot Water
Cooling
Heat Pump
Flooring
Hardwood
Fireplaces
0
Building4 property facts
Style
Single Family Residence
Year built
1960
Garage
0
Roof
Metal
Land & utilities5 property facts
Lot size
0.79 acres
Water
Private
Sewer
Private Sewer
Waterfront
Y
Zoning
res
Financial2 property facts
Annual taxes
$2,641
Assessment year
2024

Location

Estimated monthly cost

Explore costs at the $549,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,996 / monthAdjust
Principal & interest
$2,776
Property tax
$220
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,641. 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 29 Sherman Street

Can I request a private showing?

Request a tour of 29 Sherman 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.