About this home
331 Somersworth Road in North Berwick offers a fully approved, 14-lot conventional subdivision ready for immediate development. The property spans 59.1 acres in the Residential I and II districts, with lot sizes ranging from 1.16 to 6.39 acres. The majority of lots are set back from the road, providing a private, natural setting for future homes. Located just off Route 9--approximately 1.6 miles west of the Route 4 intersection--this parcel is situated between Abbott and Frost Brooks in a quiet, wooded setting with easy access to town, schools, and major commuter routes. The subdivision includes 13.39 acres of open space and is supported by a completed set of Homeowners Association documents that have already been approved by the town. All necessary approvals are in place, allowing a developer or builder to move forward without delay. This is a clean, ready-to-go opportunity in a growing Southern Maine market. Contact us today for more details or to schedule a site visit.
Listing last checked: Listing updated:
Listed by Listing Agent · Anchor Real Estate · MLS #1666791
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Details at a glance
Building1 property facts
- Style
- Other
Land & utilities5 property facts
- Lot size
- 59.1 acres
- Water
- Private, Well
- Sewer
- Private Sewer, Septic Tank
- Waterfront
- Y
- Zoning
- Residential I & II
Financial2 property facts
- Annual taxes
- $4,216
- Assessment year
- 25
Location
Estimated monthly cost
Explore costs at the $950,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,155 / monthAdjust
- Principal & interest
- $4,804
- Property tax
- $351
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,216. 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 331 Somersworth Road
Can I request a private showing?
Request a tour of 331 Somersworth Road 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.