295 Mills Rd Newcastle, ME 04553
Estimated payment $4,741/month
Highlights
- Hot Property
- 256 Feet of Waterfront
- Ranch Style House
- Great Salt Bay Community School Rated A-
- Deck
- Wood Flooring
About This Home
295 Mills Rd is the beautifully maintained retreat you have been searching for that offers the perfect blend of modern comfort with coastal charm. Perfect for boaters and kayakers alike, the 1.48 acre lot has approximately 256 feet of waterfrontage on the Great Salt Bay. Launch your kayak or cast a line right from your private dock. Step inside from the oversized mud room, and you are greeted by an open concept living room and kitchen with ample space for entertaining. Notice the wide-planked hardwood floors that flow throughout the home, adding warmth and character. The gas fireplace in the living room is perfect for knocking out the chill on those cool fall and winter nights. Off the living room is sure to be the focal and gathering point of the home; the 4 season heated porch with panoramic views of the water. This oversized room can be used as a dining area and second living room. The two bedrooms each have their own access to the porch through sliding glass doors. The larger bedroom has a large walk-in closet with a washer and dryer. Two full bathrooms complete the upstairs space. The home's septic system is designed for three bedrooms, offering the potential to expand into the full walkout basement in the future. A brand new heating system was installed in December of 2024, along with updated ductwork to accommodate the new system. There is direct access into the home from the attached garage. 295 Mills Rd has a solid track record of short-term rental income and can be sold fully furnished, down to the last detail, including kitchen utensils. It's an excellent option for those seeking a turnkey property with the flexibility for short-term rentals, or to be used and enjoyed as a year round residence.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,605
Year Built
- Built in 1970
Lot Details
- 1.48 Acre Lot
- 256 Feet of Waterfront
- Property is zoned Shoreland
Parking
- 3 Car Attached Garage
Property Views
- Water
- Scenic Vista
Home Design
- Ranch Style House
- Shingle Roof
Interior Spaces
- 1,892 Sq Ft Home
- 1 Fireplace
- Mud Room
- Basement
- Interior Basement Entry
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
Utilities
- No Cooling
- Forced Air Heating System
- Private Water Source
- Well
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 044
- Assessor Parcel Number NEWC-000007-000000-000044
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 | $6,282 | $461,900 | $314,400 | $147,500 |
| 2023 | $5,766 | $360,400 | $234,400 | $126,000 |
| 2022 | $5,730 | $360,400 | $234,400 | $126,000 |
| 2021 | $5,514 | $360,400 | $234,400 | $126,000 |
| 2020 | $5,592 | $312,400 | $215,400 | $97,000 |
| 2019 | $5,592 | $312,400 | $215,400 | $97,000 |
| 2018 | $5,592 | $312,400 | $215,400 | $97,000 |
| 2017 | $5,639 | $312,400 | $215,400 | $97,000 |
| 2016 | $5,639 | $312,400 | $215,400 | $97,000 |
| 2015 | $5,639 | $312,400 | $215,400 | $97,000 |
| 2013 | $4,974 | $312,800 | $215,800 | $97,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | Price Changed | $799,000 | -3.2% | $422 / Sq Ft |
| 09/19/2025 09/19/25 | For Sale | $825,000 | -- | $436 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Not Resolvable | -- | -- | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $275,000 | New Conventional | |
| Previous Owner | $250,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $255,000 | Purchase Money Mortgage |
Source: Maine Listings
MLS Number: 1638120
APN: NEWC-000007-000000-000044
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