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Little Falls Homes for Sale

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    $330,000

    • Land
    • 3.00 Acres
    • $110,000 per Acre

    209 Mosher Rd, Gorham, ME 04038

    3 acres need to be surveyed and subdivided off at buyer's expense. Northeast Civil Solutions has not yet approved 10 lot subdivision, please see attached documents. Land can serve a variety of use, including nursing home, apartment building, rooming house, agriculture building, multifamily housing, bed and breakfast, school or hospital. Seller has soil test attached to documents.

    John Danforth Maine Real Estate Pros

    209 Mosher Rd, Gorham, ME 04038
  • /2

    $322,663

    • 3 Beds
    • 2 Baths
    • 1,408 Sq Ft

    46 Sebago Lake Rd, Gorham, ME 04038

    Welcome to this spacious 3-bedroom, 2-bath single-family home located on desirable Sebago Lake Road in Gorham. This property offers solid bones and tons of potential for the right homeowner/investor to make it shine with a personal touch.Featuring two cozy fireplaces, this home provides warmth and charm throughout the seasons. The layout is functional and inviting, with generous living

    Cash Wiseman Keller Williams Realty

    46 Sebago Lake Rd, Gorham, ME 04038

Why Live in Little Falls

Little Falls in Gorham, ME, is a neighborhood characterized by its residential streets branching off routes 237 and 202, leading into cul-de-sacs shaded by white pines. The area features spacious lots with front lawns, multiple-car driveways, and large backyards. Housing options include ranch-style homes, Capes, and colonials, with both single-family and multifamily properties available, though listings are rare. Little Falls is surrounded by acres of conservation land, with the Presumpscot River flowing from Sebago Lake, about 6 miles away, to Casco Bay. Hawkes Preserve and Shaw Park offer hiking trails and river access, while Gambo Preserve and St. Pierre Preserve provide fishing and winter sports opportunities. The Little Falls Activity Center includes pickleball courts, basketball hoops, and a multi-purpose gym. For shopping, residents can head to downtown Gorham, which has a Hannaford, Walgreens, and small shopping plazas, with larger stores like Walmart and Shaw’s located 8 miles away in Windham. Dining options in Little Falls are limited, but Red City Ale House and Backwoods Burger Shack are popular local spots. Gorham hosts annual events such as the Apple Blossom Festival and Blueberry Festival, along with a summer concert series and holiday tree lighting. The neighborhood relies on personal vehicles for transportation, with routes 202 and 237 providing connectivity. MaineHealth Maine Medical Center in Portland is the nearest hospital, 11 miles away, and Portland International Jetport is 10 miles away. Schools in the area include the highly rated Great Falls Elementary, Gorham Middle, and the private Waynflete School in Portland.

Frequently Asked Questions

Is Little Falls a good place to live?
Little Falls is a good place to live. Little Falls is considered very car-dependent and somewhat bikeable. Little Falls is a rural neighborhood. Little Falls has 6 parks for recreational activities. It is sparse in population with 1.3 people per acre and a median age of 39. The average household income is $130,298 which is above the national average. College graduates make up 40.9% of residents. A majority of residents in Little Falls are home owners, with 19.8% of residents renting and 80.2% of residents owning their home. A local real estate agent serving Little Falls can help you decide if this neighborhood is the right one for you. Learn more on our Little Falls neighborhood guide.
How much do you need to make to afford a house in Little Falls?
The median home price in Little Falls is $769,077. If you put a 20% down payment of $153,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $3,980 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $171K a year to afford the median home price in Little Falls. The average household income in Little Falls is $130K.
What are the best public schools in Little Falls?
The best public schools that serve Little Falls are:
What are the most popular zip codes in Little Falls, Gorham, ME?
The most popular zip codes in Little Falls, Gorham, ME include 04038, 04062, 04092, 04084 and 04105.
What are the most popular neighborhoods near Little Falls, Gorham, ME?
The most popular neighborhoods near Little Falls, Gorham, ME are North Gorham, Outer Falmouth, Prides Corner, Frenchtown and Buxton.
Are home prices dropping in Little Falls?
Yes, home prices in Little Falls are down 33% in the last 12 months.

Home Trends in Little Falls, ME

Housing Trends

Median Sale Price
$690,000
Median Single Family Sale Price
$690,000
Average Price Per Sq Ft
$221
Number of Homes for Sale
0
Last 12 months Home Sales
14
Months of Supply
0.00
Median List Price
$769,077
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
-41%
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