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Bean Group
Offered at $349,900Active
beds
5
baths
3
sq ft
2,370
Built
1871

448 Elm Street

Newport, ME 04953

About this home

Step into this expansive 1871 farmhouse set on 2 acres, offering a wide range of flexible living and workspace options. The first floor includes a large kitchen with extensive cabinet storage, a mudroom with tons of enclosed storage and pantry, two full bathrooms, first-floor laundry off the kitchen, and dining room and living rooms. A first-floor bedroom and an additional office, also suitable for use as a bedroom, feature an exterior door with direct access to a covered patio that was just completed this past summer. A back deck off the kitchen extends the outdoor space and leads to the back yard. The home is equipped with four heat pumps for efficient heating and cooling throughout. Upstairs, you'll find four additional bedrooms, all with double closets, along with a sitting room and two adjoining bonus rooms suitable for storage, guest space, or other uses. The property also includes a heated and insulated workshop currently used for soap production, as well as a substantial 42×47 barn with 16-foot ceilings, a working crane lift, and capacity for equipment or large vehicles. Outside, the yard provides open space for gardening, along with established blueberry, raspberry, and blackberry bushes that provide a reliable seasonal harvest. With multiple bedrooms, bonus rooms, and functional work areas throughout, this property offers extensive space for a wide range of uses. The layout and size may also support potential income/rental opportunities, and the outbuildings accommodate various home-based hobbies or projects. The property has been consistently maintained and updated over the years. Located close to I-95 and Newport's amenities. Far enough from the busy town while still maintaining everyday convenience.

Listing last checked: Listing updated:

Listed by Listing Agent · Better Homes & Gardens Real Estate/The Masiello Group · MLS #1643541

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Details at a glance

Interior5 property facts
Rooms
14
Heating
Electric, Oil, Propane, Wood, Forced Air, Heat Pump, Other, Wood Stove
Cooling
Heat Pump
Flooring
Carpet, Vinyl, Wood
Fireplaces
0
Building5 property facts
Style
Single Family Residence
Year built
1871
Garage
0
Foundation
Granite
Roof
Metal
Land & utilities4 property facts
Lot size
2.16 acres
Water
Private, Well
Sewer
Private Sewer, Septic Tank
Zoning
Res
Financial2 property facts
Annual taxes
$3,575
Assessment year
2024

Location

Estimated monthly cost

Explore costs at the $349,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,067 / monthAdjust
Principal & interest
$1,769
Property tax
$298
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $3,575. 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 448 Elm Street

Can I request a private showing?

Request a tour of 448 Elm 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.