360 Pine Point Rd Scarborough, ME 04074
Estimated payment $8,807/month
Highlights
- Water Views
- Public Beach
- Property is near public transit and shops
- Scarborough High School Rated A-
- Deck
- 4-minute walk to Snowberry Oceanview Park
About This Home
An incredible investment opportunity in a breathtaking locale! Six well-maintained units steps away from seven miles of ocean shoreline make this a seldom-seen gem you don't want to miss. Be it an owner-occupied or investor scenario, a strong rental history underscores the potential of this special spot. The property has historically employed a season-focused rental approach, with summer months welcoming shorter-term beach goers and the cooler seasons attracting traveling professionals. Each space is equipped with in-unit laundry, making day-to-day living (and guest stays) a breeze. Ample parking behind the building provides convenience for all. The scent of salty air, marsh & water views, coastal wildlife sightings, and golden hour walks on the beach make each day magical. Effortless access to this quieter stretch of shoreline via Snowberry Park feels like a true retreat. Pine Point's offerings are steps away, meaning you can eat, drink, and be merry without having to hop in the car. Scarborough provides everything a heart desires, but when adventure calls outside the bounds of town, Portland is within easy reach, as is the highway. A rare find with lasting rewards - a must-see!
Listing Agent
King + Miller Real Estate Brokerage Email: info@kingmillerrealestate.com Listed on: 05/06/2026
Co-Listing Agent
King + Miller Real Estate Brokerage Email: info@kingmillerrealestate.com
Open House Schedule
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Thursday, May 7, 20264:00 to 5:30 pm5/7/2026 4:00:00 PM +00:005/7/2026 5:30:00 PM +00:00Add to Calendar
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Sunday, May 10, 202610:00 to 11:30 am5/10/2026 10:00:00 AM +00:005/10/2026 11:30:00 AM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,432
Year Built
- Built in 1900
Lot Details
- 8,712 Sq Ft Lot
- Public Beach
Home Design
- New Englander Architecture
- Shingle Roof
Interior Spaces
- 6 Full Bathrooms
- 3,488 Sq Ft Home
- 3-Story Property
- Water Views
Flooring
- Carpet
- Tile
- Vinyl
Outdoor Features
- Deck
- Patio
- Outbuilding
Location
- Property is near public transit and shops
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Mounted To A Wall or Window
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 003
- Assessor Parcel Number SCAR-000022U-000000-000003
Community Details
Overview
- No Home Owners Association
- 6 Units
- Pine Point Subdivision
Building Details
- Operating Expense $59,596
- Gross Income $167,333
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 |
|---|---|---|---|---|
| 2025 | $13,432 | $1,185,500 | $933,300 | $252,200 |
| 2024 | $12,958 | $1,185,500 | $933,300 | $252,200 |
| 2023 | $10,061 | $630,000 | $400,000 | $230,000 |
| 2022 | $9,696 | $630,000 | $400,000 | $230,000 |
| 2021 | $9,463 | $630,000 | $400,000 | $230,000 |
| 2020 | $9,362 | $630,000 | $400,000 | $230,000 |
| 2019 | $5,460 | $630,000 | $400,000 | $230,000 |
| 2017 | $8,351 | $506,400 | $325,600 | $180,800 |
| 2016 | $5,398 | $506,400 | $325,600 | $180,800 |
| 2015 | $7,844 | $506,400 | $325,600 | $180,800 |
| 2014 | $7,224 | $478,400 | $325,600 | $152,800 |
| 2013 | $7,066 | $478,400 | $325,600 | $152,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/06/2026 05/06/26 | For Sale | $1,450,000 | +122.2% | $416 / Sq Ft | |
| 05/15/2017 05/15/17 | Sold | $652,500 | -6.7% | $187 / Sq Ft | View Prior Sale |
| 03/10/2017 03/10/17 | Pending | -- | -- | -- | |
| 01/13/2017 01/13/17 | For Sale | $699,000 | -- | $200 / Sq Ft |
Source: Maine Listings
MLS Number: 1660871
APN: SCAR U02-200-3
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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