$1,350,000
SOLD DEC 13, 2024
3 Beds
2 Baths
2,921 Sq Ft
3.73 Acres

Recently Sold

$462 Per Sq Ft

20% Below List Price

30 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 110 Feet of Waterfront
  • Finished Room Over Garage
  • Marshwood High School Rated 9+
  • Public Beach
  • 3.73 Acre Lot

About This Home

As of December 2024

Experience 'Lightwater' and its remarkable sense of serenity. Upon arrival one is immediately enveloped by the exquisite, mature setting the owners, landscaping visionaries, have cultivated since 1985. With a wide array of flowers, bushes, water features, bridges, walking paths, a meditation garden, and stunning water views, the 3.73-acre property consists of two distinct buildings that blend seamlessly with the natural surroundings. The home draws inspiration from architect Frank Lloyd Wright and embodies the Art & Crafts home style. It boasts 110 feet of waterfront access and multiple parking areas. The home spans over 2,900 square feet and is characterized by horizontal lines, open floor plans, beautiful Asian-inspired glass windows, and seamless indoor and outdoor space integration. A generous foyer, an eat-in kitchen with a center island, a spacious dining room, a wide-open living room with a two-story ceiling, mezzanine, and a wonderful wood-burning fireplace are featured. Beyond the living room is a wrap-around heated sunroom with marvelous views and access to the stone patio and river-side gardens. The first floor includes an in-home office and/or hobby/sewing room, a laundry room, and a full bath. Upstairs are two primary bedroom options, both sharing a tiled full bath. Additionally, there is a spacious flex room with a private staircase from the foyer. The property includes a significant carriage building, suitable for an on-site business, that offers finished open space with lovely views of the river and woods along with a large two-car garage below. The unfinished basement in the main house contains a utility area. Some updates to the property include a wall-hung hot water furnace, a septic system, a newer roof, and fully mature landscaping. Relax deeply into the joy, pleasure, and tranquility of this extraordinary home on Mast Cove, just west of South Eliot, minutes to downtown Portsmouth and Seacoast area beaches and amenities.

Last Agent to Sell the Property

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 09/05/2024

Last Buyer's Agent

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty Brokerage Phone: 207-363-6640 Listed on: 09/05/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,832

Year Built

  • Built in 1911

Lot Details

  • 3.73 Acre Lot
  • 110 Feet of Waterfront
  • River Front
  • Public Beach
  • Street terminates at a dead end
  • Landscaped
  • Level Lot
  • Open Lot
  • Irrigation
  • Wooded Lot
  • Property is zoned Village District

Parking

  • 2 Car Detached Garage
  • Finished Room Over Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Bungalow
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,921 Sq Ft Home
  • Multi-Level Property
  • Built-In Features
  • Coffered Ceiling
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Heated Sun or Florida Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher
  • Kitchen Island
  • Butcher Block Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access to Tidal Water
  • River Nearby
  • Deck
  • Patio
  • Outbuilding
  • Enclosed Glass Porch

Location

  • Property is near a golf course

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Radiator
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heat Pump System
  • Hot Water Heating System
  • Generator Hookup
  • Power Generator
  • Septic System

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number ELIO-000014-000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,832

Year Built

Built in 1911

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.73
  • Road Surface Type: Paved
  • Water Body Name: Piscataqua River
  • MLS Status: Closed
  • Directions: GPS Compatible. Please respect that the owner has a business on-site. No drive-by's on circular gravel driveway.
  • Above Grade Finished Sq Ft: 2921.0
  • Architectural Style: Bungalow, Multi-Level
  • Garage Yn: Yes
  • Year Built: 1911
  • Attribution Contact: 207-363-6640
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.73
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2921.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat System:Heat Pump: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Island2: Yes
  • Style:Bungalow: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Bonus Room:Bonus Room: Yes
  • Office:Office: Yes
  • Sunroom:Sunroom: Yes
  • Appliances Included:Wall Oven: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 110.0
  • Water Info:Water Frontage Owned -: 110.0
  • Recreational Water:Deeded: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • View:Scenic: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Equipment:Generator: Yes
  • Basement:Sump Pump: Yes
  • Heat System:Radiator: Yes
  • Room Features:Built-Ins30: Yes
  • Electric:Generator Hookup: Yes
  • Water Heater:Heat Pump2: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Cooling:AC Units: Yes
  • Sunroom Amenities:Four-Season: Yes
  • Kitchen Countertop:Butcher Block: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Dining Room Amenities:Formal: Yes
  • Living Room Amenities:Vaulted Ceiling14: Yes
  • Amenities:Irrigation System: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Room Features:Above Garage28: Yes
  • Sunroom Amenities:Heated2: Yes
  • Bonus Room Amenities:Above Garage6: Yes
  • Dining Room Amenities:Coffered Ceiling11: Yes
  • Room Features:Coffered Ceiling29: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Dryer, Dishwasher
  • Has Basement: Full, Sump Pump, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Shower
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Irrigation System
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Glass Enclosed, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 11 - 20 Spaces, Gravel, On Site, Garage Door Opener, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Radiator, Hot Water, Heat Pump
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 162478.8
  • Parcel #: ELIO-000014-000005
  • Zoning: Village District

Tax Info

  • Tax Annual Amount: 8831.79
  • Tax Book Number: 3709
  • Tax Lot: 5
  • Tax Map Number: 14
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Dec 13, 2024
Sold by
Gordon Paul E and Gordon Rosemary G
Bought by
Lightwater Llc
Seller's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
Buyer's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
List Price
$1,695,000
Sold Price
$1,350,000
Premium/Discount to List
-$345,000
-20.35%
Views
42
Current Estimated Value
$1,333,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,473
Avg. Annual Appreciation
-1.47%
Original Mortgage
$1,000,000
Outstanding Balance
$992,029
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$341,498
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,350,000 None Available
Warranty Deed $1,350,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Purchase Money Mortgage
Closed $1,000,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2024 12/13/24 Sold $1,350,000 -14.4% $462 / Sq Ft
09/25/2024 09/25/24 Price Changed $1,578,000 -6.9% $540 / Sq Ft
09/05/2024 09/05/24 For Sale $1,695,000 -- $580 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

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 $9,486 $800,500 $445,200 $355,300
2023 $9,408 $768,000 $439,100 $328,900
2022 $9,134 $754,900 $439,100 $315,800
2021 $8,183 $629,900 $366,500 $263,400
2020 $1,315 $611,500 $366,500 $245,000
2019 $8,989 $611,500 $366,500 $245,000
2018 $1,939 $611,500 $366,500 $245,000
2017 $8,744 $611,500 $366,500 $245,000
2016 $4,010 $611,500 $366,500 $245,000
2015 $8,561 $611,500 $366,500 $245,000
2014 $8,439 $611,500 $366,500 $245,000
2013 $8,053 $611,500 $366,500 $245,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1602793

Maine Listings

APN: ELIO-000014-000005