137 Old Belfast Rd Frankfort, ME 04438
Estimated payment $1,930/month
Highlights
- Hot Property
- Public Beach
- Scenic Views
- Nearby Water Access
- In Ground Pool
- 5-minute walk to Mount Waldo
About This Home
Discover space, privacy, and untapped potential on this expansive 4-acre property tucked away in rural Frankfort, ME. With 2,805 sq ft of living space, this farmhouse provides a flexible layout ideal for multi-generational living, income-producing potential, or simply room to spread out and thrive.
The home welcomes you with a large eat-in kitchen featuring an island and ample cabinetry. Off the kitchen, you'll find a first-floor bedroom or office with half bath, a cozy living room with wood stove, and access to the 28x23 great room addition—a sun-filled space perfect for relaxing or entertaining.
A lofted primary bedroom with pellet stove is located upstairs alongside a full bathroom and four additional rooms that can be used as bedrooms, home offices, or creative spaces.
Over the two-car garage, a 25x21 in-law apartment on two floors has been framed, plumbed, and wired—ready to be finished into a second living unit, ideal for extended family or future rental income. This additional square footage is not included in the finished living total.
Additional highlights include an in-ground outdoor pool, new deck, private pond, dry basement, two driveways, a private setting well back from the road, metal roof, updated plumbing, and other recent improvements.
Some repairs and finish work remain for the new owners—offering the opportunity to build equity and customize a truly unique property to your vision.
Updated photos coming soon!
Ready to see it? Let's go!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,155
Lot Details
- 4 Acre Lot
- Public Beach
- Rural Setting
- Level Lot
- Open Lot
Parking
- 2 Car Attached Garage
- Basement Garage
- Gravel Driveway
Property Views
- Scenic Vista
- Woods
Home Design
- Farmhouse Style Home
- Concrete Foundation
- Wood Frame Construction
- Metal Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,805 Sq Ft Home
- Vaulted Ceiling
- Skylights
- Great Room
- Living Room
- Home Office
- Bonus Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Stove
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on second floor
- En-Suite Bathroom
- In-Law or Guest Suite
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- In Ground Pool
- Nearby Water Access
- Deck
- Shed
Utilities
- Window Unit Cooling System
- Heating System Uses Wood
- Pellet Stove burns compressed wood to generate heat
- Private Water Source
- Well
- Electric Water Heater
- Septic System
- Private Sewer
- Internet Available
Additional Features
- Level Entry For Accessibility
- Green Energy Fireplace or Wood Stove
- Property is near a golf course
Community Details
- No Home Owners Association
- Community Storage Space
Listing and Financial Details
- Property held in a trust
- Tax Lot 79A
- Assessor Parcel Number FRAT-000006-000000-000079-A000000
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,155 | $310,073 | $35,000 | $275,073 |
| 2023 | $3,798 | $310,073 | $35,000 | $275,073 |
| 2022 | $3,535 | $248,058 | $28,000 | $220,058 |
| 2021 | $3,436 | $248,058 | $28,000 | $220,058 |
| 2020 | $3,615 | $245,925 | $28,000 | $217,925 |
| 2019 | $3,696 | $245,925 | $28,000 | $217,925 |
| 2018 | $3,413 | $245,925 | $28,000 | $217,925 |
| 2017 | $3,283 | $245,925 | $28,000 | $217,925 |
| 2016 | $3,209 | $245,925 | $28,000 | $217,925 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | For Sale | $299,900 | -- | $107 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $157,000 | Commercial | |
| Closed | $50,000 | Commercial |
Source: Maine Listings
MLS Number: 1637977
APN: FRAT M:006 L:079-A
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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