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Offered at $399,900Active
beds
2
baths
1
sq ft
870
Built
1987

1 Saco Island Terrace #138

Saco, ME 04072

About this home

Seller Concessions Available. Premium riverfront corner unit - sweeping views. The CROWN JEWEL of Saco Island Terrace, Unit 138 combines panoramic river views, exceptional historic character, and convenient first-floor living in a beautifully renovated two-bedroom. Windows on multiple sides capture direct views of the rushing Saco River Falls and fill the home with natural light—all with no stairs required. Inside, the building's industrial heritage takes center stage with exposed brick walls, arched windows, substantial timber beams, soundproofing, 10 ft ceilings, and thoughtfully incorporated industrial-inspired details. The newly renovated kitchen blends style and function with granite countertops, stainless steel appliances, generous cabinetry, open shelving, and a breakfast bar overlooking the living area. The beautifully updated bathroom features a spacious tiled walk-in shower with a glass enclosure and a modern vanity. Together, these improvements create a home that feels both polished and true to the building's historic character. A heat pump and HVAC system provide year-round heating and air conditioning, with the system professionally maintained by the condominium association. Additional amenities include secure building entry, a reserved parking space, on-site laundry, and low-maintenance condominium living. Just steps from the Amtrak Downeaster, the property offers convenient access to Portland and Boston. Restaurants, breweries, coffee shops, boutiques, and entertainment in downtown Saco and Biddeford are all within walking distance, while Southern Maine's beaches, the Maine Turnpike, and Portland's waterfront are only a short drive away. Whether you are searching for a primary residence, a low-maintenance second home, or a truly distinctive riverfront property, Unit 138 offers a rare combination of direct water views, first-floor convenience, corner-unit privacy, modern renovations, and authentic historic charm.

Listing last checked: Listing updated:

Listed by Listing Agent · RE/MAX Realty One · MLS #1680967

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Details at a glance

Interior5 property facts
Rooms
4
Heating
Forced Air, Heat Pump
Cooling
Central Air, Heat Pump
Flooring
Vinyl
Fireplaces
0
Building4 property facts
Style
Condominium
Year built
1987
Garage
0
Roof
Membrane, Rolled/Hot Mop
Land & utilities5 property facts
Lot size
0.03 acres
Water
Public
Sewer
Public Sewer
Waterfront
Y
Zoning
B-4
Financial3 property facts
Annual taxes
$2,120
Assessment year
2026
HOA fee
$450 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $399,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,199 / monthAdjust
Principal & interest
$2,022
Property tax
$177
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,120. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $450. The billing period was not supplied; confirm the monthly amount before adding it.

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 1 Saco Island Terrace #138

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Request a tour of 1 Saco Island Terrace #138 and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

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