$490,000
PENDING $59K PRICE DROP

208 New Rd Arundel, ME 04046

Estimated payment $2,939/month

Total Views 47,087
-- Bed
1.5 Baths
1,857 Sq Ft
$264 Price per Sq Ft

Highlights

  • Deck
  • Wood Burning Stove
  • Attic
  • Kennebunk High School Rated 9+
  • Contemporary Architecture
  • No HOA

About This Home

Welcome to this unique and versatile property in the heart of Arundel, offering the perfect blend of comfortable living and endless possibilities. Set on a spacious 1.23-acre lot in a convenient location just minutes from I-95 and only 20 minutes from Portland, this property provides room to grow, whether you're looking for a primary residence, multi-generational living, or an investment opportunity. The charming 2-bedroom, 1-bath living space is warm and inviting, featuring a high-quality wood stove for cozy Maine winters and a private outdoor seating area that's perfect for relaxing, grilling, or entertaining family and friends. Outside, you'll find an attached 2-car garage, a storage shed, and an impressive 24' x 36' metal garage/workshop, providing plenty of space for vehicles, hobbies, recreational equipment, or additional storage. The generous lot also offers potential for an accessory dwelling unit (ADU), creating opportunities for rental income, guest accommodations, or extended family living. This property offers exceptional flexibility for future use while maintaining the comfort and appeal of a home. Whether you envision converting the downstairs space that's already fully equipped with a half bath and 2nd laundry room into a larger single-family residence, creating a multi-family property, or simply enjoying it as-is with room for your hobbies and projects, the possibilities are extensive. Call today to set up your private showing. Also listed as Residential MLS #1623533 & Commercial MLS 1622596

Listing Agent

Heidi Buda

EXP Realty Listed on: 05/28/2026

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,499

Year Built

  • Built in 1988

Lot Details

  • 1.23 Acre Lot
  • Property fronts a freeway
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Log Siding

Interior Spaces

  • 1,857 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Storage
  • Home Security System
  • Attic

Flooring

  • Laminate
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Shower

Laundry

  • Laundry on upper level
  • Washer Hookup

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Outbuilding

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electricity To Lot Line
  • Generator Hookup
  • Private Water Source
  • Well
  • Septic Tank
  • Septic Design Available
  • Private Sewer
  • Internet Available

Additional Features

  • Level Entry For Accessibility
  • Property is near shops

Listing and Financial Details

  • Tax Lot 015A-01

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $11,499
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,499

Year Built

Built in 1988

Lot Details

1.23 Acres

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Lot Size Acres: 1.23
  • Road Surface Type: Paved
  • MLS Status: Pending
  • Above Grade Finished Sq Ft: 1857.00
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Efficiency: Ceiling Fans
  • Year Built: 1988
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Location:Location: Near Shopping, Near Turnpike/Interstate, Retail Strip
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Unfurnished
  • Other Equipment: Internet Access Available, Other
  • Accessibility Features: Level Entry
  • Has Basement: Not Applicable, None, Slab
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Flooring: Concrete, Laminate, Tile, Vinyl
  • Interior Amenities: Attic, Shower, Storage
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Near Turnpike/Interstate, Retail Strip, Level, Open Lot, Landscaped
  • Waterfront: No
  • Construction Type: Wood Frame, Log Siding, Shingle Siding, Wood Siding
  • Foundation Details: Slab
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Paved, 11 - 20 Spaces, On Site, Off Street

Utilities

  • Laundry Features: Upper Level, Washer Hookup
  • Security: Security System
  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, K-1/Kerosene, Wood, Baseboard, Direct Vent Heater, Wood Stove
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers, Generator Hookup
  • Sewer: Private Sewer, Septic Design Available, Septic Tank
  • Utilities: Yes
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 53578.80
  • Zoning: ARD

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 36000.00
  • Annual Operating Expense: 11499.00

Tax Info

  • Tax Annual Amount: 3499.00
  • Tax Lot: 015A-01
  • Tax Year: 2025

Map

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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 $3,771 $459,900 $172,800 $287,100
2024 $3,499 $205,800 $74,600 $131,200
2023 $3,499 $205,800 $74,600 $131,200
2022 $3,478 $205,800 $74,600 $131,200
2021 $3,478 $205,800 $74,600 $131,200
2020 $3,443 $205,800 $74,600 $131,200
2019 $3,355 $205,800 $74,600 $131,200
2018 $3,276 $205,800 $74,600 $131,200
2017 $3,190 $205,800 $74,600 $131,200
2016 $3,112 $205,800 $74,600 $131,200
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
07/09/2026 07/09/26 Pending -- -- --
06/21/2026 06/21/26 Price Changed $490,000 -1.8% $264 / Sq Ft
05/28/2026 05/28/26 For Sale $499,000 0.0% $269 / Sq Ft
04/24/2026 04/24/26 Pending -- -- --
04/21/2026 04/21/26 Price Changed $499,000 -3.9% $269 / Sq Ft
03/26/2026 03/26/26 For Sale $519,000 0.0% $279 / Sq Ft
03/04/2026 03/04/26 Off Market $519,000 -- --
01/03/2026 01/03/26 Price Changed $519,000 -5.5% $279 / Sq Ft
11/20/2025 11/20/25 For Sale $549,000 -- $296 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1644005

Maine Listings
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