38 Academy Hill Rd Newcastle, ME 04553
Estimated payment $4,380/month
Highlights
- Finished Room Over Garage
- Main Floor Bedroom
- No HOA
- Great Salt Bay Community School Rated A-
- Great Room
- Living Room
About This Home
Versatile Live/Work Property in Prime Newcastle Location.An exceptional opportunity to live and work just steps from downtown Newcastle and Damariscotta's vibrant shops, restaurants, and waterfront. This unique two-building property offers flexibility, income potential, and convenience in one of Midcoast Maine's most desirable locations.The property includes a separate 2-bedroom, 1-bath manufactured home, ideal for rental income or extended family, as well as a spacious 2-bedroom, 1-bath apartment located above a versatile 50' x 30' main building.The main building is built for business or hobby use, featuring:Radiant floor heating throughoutThree large bays with sliding doors that can be used separately or togetherCeiling-mounted 6,000 lb hoist for serious projects or commercial useSecurity camera system covering all areasWith its flexible layout and prime location, this property is perfect for entrepreneurs, tradespeople, or investors seeking live/work convenience or multi-use rental options. Don't miss this rare chance to own a one-of-a-kind property in the heart of Newcastle. Also being listed as MLS # 1625927.
Property Details
Home Type
- Mobile/Manufactured
Est. Annual Taxes
- $3,010
Year Built
- Built in 2015
Lot Details
- 0.34 Acre Lot
- Level Lot
Parking
- 3 Car Garage
- Finished Room Over Garage
- Driveway
Home Design
- Slab Foundation
- Steel Frame
- Metal Roof
- Metal Siding
Interior Spaces
- 3,060 Sq Ft Home
- Great Room
- Living Room
- Stove
Flooring
- Carpet
- Concrete
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Heating System Uses Propane
- Radiant Heating System
- Power Generator
- Oil Water Heater
Additional Features
- City Lot
- Single Wide
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 001
- Assessor Parcel Number 38AcademyHillRdNewcastleME04553
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/09/2025 06/09/25 | For Sale | $739,000 | -- | $242 / Sq Ft |
Source: Maine Listings
MLS Number: 1625926
