$849,000
UNDER CONTRACT $76K PRICE DROP

53 Commercial St Boothbay Harbor, ME 04538

Estimated payment $5,221/month

Total Views 128,143
-- Bed
6.5 Baths
4,403 Sq Ft
$193 Price per Sq Ft

Highlights

  • Additional Residence on Property
  • Wood Flooring
  • No HOA
  • Water Views
  • New Englander Architecture
  • Storage

About This Home

Prime downtown Boothbay Harbor (between Captain Sawyer's B&B and Ports of Italy Restaurant) with ocean/harbor views from multiple vantage points, on-site parking, and excellent foot/vehicle traffic. The classic New Englander (approx. 2,900± SF) is now configured entirely for lodging—with the former street-level retail/antique space converted into a 5th short-term rental—plus two upper apartments; a detached Carriage House adds ~1,000± SF with 2 bedrooms/1 bath, for ~4,400± SF total across both buildings. In 2025, three of the five VRBO-style guest spaces were operated as short-term rentals, producing ~$70,000 in rental income. Substantial improvements since the 2022 purchase position this as a flexible live-work or investment opportunity—owner-occupied lodging, boutique hospitality, or an expanded STR portfolio. Enjoy year-round harbor living steps to shops and dining, with captivating water views, versatile layouts, and valuable in-town parking.

Listing Agent

Tim Dunham

Tim Dunham Realty Brokerage Phone: 207-729-7297 Listed on: 12/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,464

Year Built

  • Built in 1890

Lot Details

  • 10,019 Sq Ft Lot
  • Open Lot
  • Lot Has A Rolling Slope

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • 4,403 Sq Ft Home
  • Storage
  • Water Views

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Additional Residence on Property
  • Property is near shops

Listing and Financial Details

  • Tax Lot 71

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $40,000
  • Gross Income $70,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,464

Year Built

Built in 1890

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • Water Body Name: Boothbay Harbor
  • MLS Status: Active Under Contract
  • Above Grade Finished Sq Ft: 4403.00
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1890
  • Attribution Contact: 207-729-7297
  • Property Information:Seasonal: No
  • Water Info:Water View2: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: 4224
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Negotiable
  • Has Basement: Interior, Exterior Only, Crawl Space
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Well Landscaped, Rolling/Sloping, Open, Near Shopping
  • Waterfront: No
  • Construction Type: Wood Frame, Clapboard, Vinyl Siding, Wood Siding
  • Foundation Details: Block, Brick/Mortar, Stone
  • Roof: Other, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, 1 - 4 Spaces, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Oil, Baseboard, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Other Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.80
  • Zoning: Downtown Business A

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 70000.00
  • Annual Operating Expense: 40000.00

Tax Info

  • Tax Annual Amount: 7463.50
  • Tax Lot: 71
  • Tax Year: 2025

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Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,142 $717,800 $479,600 $238,200
2024 $7,088 $750,100 $479,600 $270,500
2023 $6,713 $750,100 $479,600 $270,500
2022 $6,263 $750,100 $479,600 $270,500
2019 $7,655 $640,600 $438,000 $202,600
2018 $7,431 $640,600 $438,000 $202,600
2017 $7,303 $640,600 $438,000 $202,600
2016 $7,175 $640,600 $438,000 $202,600
2014 $6,983 $640,600 $438,000 $202,600
2013 $7,015 $640,600 $438,000 $202,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/23/2025 12/23/25 Price Changed $849,000 -8.2% $193 / Sq Ft
12/19/2025 12/19/25 For Sale $925,000 0.0% $210 / Sq Ft
11/09/2025 11/09/25 Pending -- -- --
10/09/2025 10/09/25 For Sale $925,000 -- $210 / Sq Ft
Source: Maine Listings

About the Listing Agent

Tim Dunham

Tim Dunham Realty

(207) 598-4279

Section Image

LICENSED IN MAINE AND NEW HAMPSHIRE: Tim Dunham is committed to his clients’ success and his history proves it. His talents, skills, experience, resources, and amazing communication techniques are the perfect combination to help buyers and sellers achieve their goals as quickly and smoothly as possible.

Tim started selling homes in Y2K (2000) and successfully created his own Real Estate Agency in 2003 and has grown to be one of the most successful Realtors in Southern and Central Maine

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Source: Maine Listings

MLS Number: 1640416

Maine Listings

APN: BOOH-000015-000000-000071

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