$799,000
$26K PRICE DROP

295 Mills Rd Newcastle, ME 04553

Estimated payment $4,741/month

Total Views 14,525
2 Beds
2 Baths
1,892 Sq Ft
$422 Price per Sq Ft

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.

Listing Agent

Shawn McKillop

Maine Real Estate Co Listed on: 09/19/2025

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,605

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.48
  • Water Body Name: Great Salt Bay
  • MLS Status: Active
  • Directions: No sign on property, but GPS friendly. Post with house number 295 out front by road.
  • Above Grade Finished Sq Ft: 1892.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1970
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 422.3
  • Property Information:Seasonal: No
  • Water Info:Water View2: Yes
  • Living Room:Living Room: Living Room
  • Mud Room:Mud Room: Mud Room
  • Sunroom:Sunroom: Sunroom
  • Water Info:Waterfront Amount -: 256.0
  • Water Info:Water Frontage Owned -: 256.0
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Has Basement: Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • View: Scenic
  • Waterfront: Yes
  • Patio And Porch Features: Deck, Glassed-in Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 64468.8
  • Parcel #: NEWC-000007-000000-000044
  • Zoning: Shoreland

Tax Info

  • Tax Annual Amount: 6605.0
  • Tax Lot: 044

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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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 $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
Source: Public Records

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
Source: Maine Listings

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 -- --
Source: Public Records

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: Public Records

Source: Maine Listings

MLS Number: 1638120

Maine Listings

APN: NEWC-000007-000000-000044