$739,000

38 Academy Hill Rd Newcastle, ME 04553

Estimated payment $4,380/month

Total Views 515
4 Beds
2.5 Baths
3,060 Sq Ft
$242 Price per Sq Ft

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.

Listing Agent

Randall Miller

Legacy Properties Sotheby's International Realty Listed on: 06/09/2025

Legacy Properties Sotheby's International Realty

Co-Listing Agent

Charles Richardson

Legacy Properties Sotheby's International Realty

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

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$3,010

Year Built

Built in 2015

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Mobile Home
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Co List Office Mls Id: 2829
  • Co List Office Phone: 207-563-2775
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 3060.0
  • Architectural Style: Other
  • Body Type: Single Wide
  • Garage Yn: Yes
  • Year Built: 2015
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3060.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 3.0
  • Foundation Materials:Slab: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Heat System:Radiant: Yes
  • Construction:Mobile: Yes
  • Basement:Slab2: Yes
  • Water Heater:Oil2: Yes
  • Great Room:Great Room: Yes
  • Great Room Amenities:Heat Stove8: Yes
  • Room Features:Heat Stove29: Yes
  • Equipment:Generator: Yes
  • Exterior:Metal Clad: Yes
  • Floors:Concrete2: Yes
  • Construction:Steel Frame: Yes
  • Room Features:Above Garage28: Yes
  • Primary Bedroom Amenities:Above Garage7: Yes
  • Property Sub-Type Property Sub-Type: Mobile Home
  • Special Features: None

Interior Features

  • Other Equipment: Generator
  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Concrete, Carpet
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Industrial Park, Intown
  • Waterfront: No
  • Construction Type: Metal Clad, Mobile, Steel Frame
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.4
  • Parcel #: 38AcademyHillRdNewcastleME04553
  • Zoning: D5

Tax Info

  • Tax Annual Amount: 3009.68
  • Tax Book Number: 4991
  • Tax Lot: 001
  • Tax Map Number: 012
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: Maine Listings

MLS Number: 1625926

Maine Listings