$369,000
$30K PRICE DROP

1 Saco Island Terrace Unit 205 Saco, ME 04072

Downtown Saco Neighborhood

Estimated payment $2,661/month

Total Views 10,842
2 Beds
1 Bath
870 Sq Ft
$424 Price per Sq Ft

Highlights

  • Water Views
  • Nearby Water Access
  • Property is near public transit
  • Saco Middle School Rated A-
  • The property is located in a historic district
  • Main Floor Bedroom

About This Home

This beautifully restored 2nd-floor corner unit offers a rare opportunity to own a piece of history—with breathtaking views of the Saco River and waterfalls from all six oversized windows. Located in a sought-after historic mill building, this renovated 2-bedroom condo effortlessly blends industrial charm with modern comfort.Step inside to find exposed brick walls, soaring 12-foot ceilings with sound barriers and large wooden beams, and brand-new luxury vinyl plank flooring throughout. The updated kitchen features sleek leathered granite countertops, stainless steel appliances, and ample cabinetry—ideal for home chefs and entertainers alike.Each of the two spacious bedrooms boasts scenic river and mill views, offering a tranquil retreat at the end of the day.Additional features include:Central heating and air conditioning with a new heat pump (heat included in HOA)Secure key fob entryGated designated parking, plus visitor and nearby covered parking availableShared outdoor spaces including a riverfront firepitNewly painted with a revitalized price.Perfectly located for convenience and lifestyle, you're just steps from the AMTRAK station to Boston's North Station, a short walk to downtown Saco and Biddeford's shops, restaurants, and breweries, and only 20 minutes to Portland or 10 minutes to local beaches and parks.Don't miss your chance to live in one of Saco's most desirable historic buildings—schedule your private showing today!

Listing Agent

Erin Oldham

Portside Real Estate Group Listed on: 05/30/2025

Co-Listing Agent

Mindy Phillips

Portside Real Estate Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,098

Year Built

  • Built in 1987

Lot Details

  • 1,307 Sq Ft Lot
  • Landscaped

HOA Fees

  • $431 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rolled or Hot Mop Roof
  • Membrane Roofing
  • Masonry

Interior Spaces

  • 870 Sq Ft Home
  • Double Pane Windows
  • Living Room
  • Laminate Flooring
  • Brick Basement
  • Home Security System

Kitchen

  • Electric Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Reserved Parking

Outdoor Features

  • Nearby Water Access
  • Deep Water Access
  • River Nearby

Location

  • Property is near public transit
  • The property is located in a historic district
  • Island Location
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 001/205 / 001
  • Assessor Parcel Number SACO-000037-000001-000001-000205

Community Details

Overview

  • 90 Units
  • Island Terrace Owners Association Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Coin Laundry
  • Elevator

Pet Policy

  • Pets Allowed
  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,098

Year Built

Built in 1987

Lot Details

0

HOA Fees

$431 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Road Surface Type: Paved
  • Water Body Name: Saco River
  • Co List Office Mls Id: 3011
  • Co List Office Phone: 207-536-4222
  • MLS Status: Active
  • Subdivision Name: Island Terrace Owners Association
  • Directions: Turn into 110 Main st. Saco. Drive to the right and turn left into the gated area. Drive to the last entrance door. Agent will meet you there.
  • Above Grade Finished Sq Ft: 870.0
  • Architectural Style: Other
  • Garage Yn: No
  • Structure Type: Townhouse
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.03
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 870.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Security System: Yes
  • Location Information:Association Fee: 431.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 90
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Cooling:Central Air: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Appliances Included:Cooktop: Yes
  • Location:Historic District: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Basement:BrickMortar: Yes
  • Property Information:Deed Restrictions: Yes
  • Roof:RolledHot Mop: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Water Info:Island3: Yes
  • Exterior:Brick: Yes
  • Transportation:Deep Water Access: Yes
  • Equipment:DSL: Yes
  • Roof:Membrane: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Amenities:Elevator Passenger: Yes
  • Transportation:Rail Available: Yes
  • Condominium:Rental Terms: 6 months minimum
  • Condominium:_pound_ of Buildings: 1
  • Condominium:VA Certification: No
  • Construction:Masonry: Yes
  • Amenities:Laundry - Coin: Yes
  • Restrictions:Pet: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 205
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Appliances: Refrigerator, Electric Range, Dishwasher, Cooktop
  • Other Equipment: Internet Access Available, DSL, Cable
  • Has Basement: Brick/Mortar, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Elevator Passenger, 1st Floor Bedroom, Bathtub
  • Window Features: Double Pane Windows
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Well Landscaped, Level, Sidewalks, Historic District, Intown, Near Town, Near Public Transit, Near Railroad
  • View: Scenic
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Foundation Details: Brick/Mortar
  • Roof: Membrane, Rolled/Hot Mop

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - Coin
  • Security: Security System
  • Cooling: Heat Pump, Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 431.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Saco Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1306.8
  • Parcel #: SACO-000037-000001-000001-000205
  • Zoning: SI

Multi Family

  • Number Of Units In Community: 90

Tax Info

  • Tax Annual Amount: 2098.0
  • Tax Block: 001
  • Tax Book Number: 18743
  • Tax Lot: 001/205
  • Tax Map Number: 037
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $2,098 $149,300 $56,800 $92,500
2023 $2,202 $149,300 $56,800 $92,500
2022 $1,974 $107,700 $43,300 $64,400
2021 $1,790 $94,800 $34,600 $60,200
2020 $1,625 $82,600 $28,700 $53,900
2019 $1,601 $82,600 $28,700 $53,900
2018 $1,548 $79,900 $26,000 $53,900
2017 $1,471 $75,900 $26,000 $49,900
2016 $1,437 $74,000 $24,100 $49,900
2015 $1,422 $74,000 $24,100 $49,900
2014 $1,378 $74,000 $24,100 $49,900
2013 $1,375 $74,000 $24,100 $49,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Price Changed $369,000 0.0% $424 / Sq Ft
05/30/2025 05/30/25 For Sale $369,000 -7.5% $424 / Sq Ft
05/25/2025 05/25/25 Off Market $399,000 -- --
05/07/2025 05/07/25 For Sale $399,000 -- $459 / Sq Ft
Source: Maine Listings

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Source: Maine Listings

MLS Number: 1621764

Maine Listings

APN: SACO-000037-000001-000001-000205