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Bean Group
Offered at $474,900Active
beds
3
baths
3
sq ft
2,500
Built
1900

29 Water Street

Newport, ME 04953

About this home

Spectacular view, ultimate location. Picture living in a town with no red lights, while being about a mile from all the amenities including I-95, Walmart, shopping, parks, playgrounds, restaurants, boat launch, a 24-hour gym, recreation trail, and a library with a museum attached. Now imagine a house built like a fortress, with three bedrooms, three full bathrooms, and two separate living areas giving you real flexibility. Drift off to sleep to the sound of the rapids and wake up to breathtaking sunrises, then step onto one of two private balconies, one off the primary bedroom and one off a main living area, to watch the fish jump in the river below. Prefer to stay put? Two three-season sun porches give you the same view without leaving your seat. Your primary bedroom suite comes complete with a bath, walk-in closet, and its own private deck overlooking the Sebasticook River and Riverwalk Park. Like eagles? Enjoy birding, fishing, or just take in the abundance of wildlife along the secluded rocky coast, only feet from your back door. Inside, everything's ready to go: all newer appliances, plus a dedicated main-floor laundry room. Outside, a newer roof and newer siding keep things low-maintenance, and a fenced backyard adds privacy. Maine winters are covered too, with a brand-new furnace, a pellet stove, and three radiant propane wall heaters that keep running even when the power doesn't. Come see what river living actually looks like! Showings begin 9/12/2026. Zoning allows for conversion to a two-unit duplex, offering potential income or in-law living. Buyers should verify permitting requirements with the Town of Newport.

Listing last checked: Listing updated:

Listed by Listing Agent · The Maine Real Estate Experience · MLS #1680139

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Details at a glance

Interior5 property facts
Rooms
10
Heating
Propane, Forced Air, Other, Pellet Stove
Cooling
None
Flooring
Vinyl, Hardwood
Fireplaces
0
Building4 property facts
Style
Single Family Residence
Year built
1900
Garage
0
Roof
Shingle
Land & utilities5 property facts
Lot size
0.24 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Zoning
Residential
Financial2 property facts
Annual taxes
$2,640
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $474,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,621 / monthAdjust
Principal & interest
$2,401
Property tax
$220
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,640. 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 Water Street

Can I request a private showing?

Request a tour of 29 Water 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.