$1,295,000
SOLD JUL 14, 2025
4 Beds
2 Baths
2,037 Sq Ft
7.21 Acres

Recently Sold

$636 Per Sq Ft

14% Below List Price

310 Days on Market

Highlights

  • Waterfront
  • 7.21 Acre Lot
  • Forced Air Heating System
  • Horace Mitchell Primary School Rated A-
  • Cape Cod Architecture
  • Dining Room

About This Home

As of July 2025

An antique cape-style home on seven acres of pastoral land on Gerrish Island, Kittery Point, Maine. This property has been cherished by the same family for 80 years. The stone foundation for the barn remains, as do the original apple trees, and hard growth wood in the upland area of the property. An additional, two acres of non-buildable oceanfront lot provides easy access to the Atlantic Ocean. The additional lot once featured a cranberry bog and blueberry bushes harvested by the current owners' mother. The cape-style home, circa 1882, features 4 bedrooms and 2 full baths. There is a two-story ell on the back of the home which is currently unfinished featuring two bedrooms, plumbing for a bathroom, a laundry room, hobby room and storage area. The ell has its own staircase. This is a treasure of a property providing a buyer with an opportunity to renovate the home and continue with its family history of farming the land and fishing the oceanfront. Property is being sold as is. Cranberry bog is Lot 53-2-2.

Last Agent to Sell the Property

Mary Jean Labbe

Great Island Realty LLC License #068689 Listed on: 09/03/2024

Last Buyer's Agent

Jessica Ritchie

Great Island Realty LLC License #069582

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,802

Year Built

  • Built in 1882

Lot Details

  • 7.21 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Property is zoned R-RC

Parking

  • 1 Car Garage
  • 6 to 12 Parking Spaces

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Dining Room
  • Water Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Outdoor Features

  • Water Access
  • Property is near an ocean

Utilities

  • Forced Air Heating System
  • Private Water Source

Listing and Financial Details

  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 53

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,802

Year Built

Built in 1882

Lot Details

0

Parking

1

Listing Details

  • Seasonal: No
  • Property Type: Residential
  • Year Built: 1882
  • Display On Internet: Cable Internet
  • Architectural Style: Cape
  • ResoLotFeatures: Country Setting, Views
  • Road Frontage Type: Private Road
  • PropertySubType: Single Family Residence
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 2037.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Mobile_Home: No
  • Pre_Construction: No
  • Room_1_Type: Kitchen
  • Room_2_Type: Dining Room
  • Room_4_Type: Bedroom
  • Room_5_Type: Bedroom
  • Room_6_Type: Bedroom
  • Room_7_Type: Bedroom
  • Water_Body_Access: Yes
  • Water_Body_Type: Ocean
  • Water_View: Yes
  • Water_Access_Details: Other
  • Basement_Access_Type: Walk-up
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Basement: Crawl Space, Full, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • Driveway: Paved
  • Roof: Other Shingle
  • Water Body Name: Atlantic Ocean
  • Construction Type: Vinyl Siding
  • Waterfront: Yes
  • Foundation Details: Block, Stone

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Parking Spaces 5 - 10

Utilities

  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Heating: Oil, Forced Air
  • Cooling: None
  • Utilities: Other
  • Water Source: Private

Condo/Co-op/Association

  • Fee: 350

Fee Information

  • PAD Fee Frequency: Yearly

Lot Info

  • Surveyed: Yes
  • Zoning: R-RC
  • Lot Size Acres: 7.21
  • Lot Size Sq Ft: 314068.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8802.0
  • Tax Block: 1
  • Tax Lot: 5
  • Tax Map Number: 53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Jul 11, 2025
Sold by
Palm Floyd N and Palm Sheila H
Bought by
Kraft Carolyn
Seller's Agent
Mary Jean Labbe
Great Island Realty LLC
Buyer's Agent
Jessica Ritchie
Great Island Realty LLC
List Price
$1,500,000
Sold Price
$1,295,000
Premium/Discount to List
-$205,000
-13.67%
Views
228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.40%
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 -- --
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Off Market $1,295,000 -- --
07/14/2025 07/14/25 Sold $1,295,000 -13.7% $636 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $1,500,000 0.0% $736 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
09/03/2024 09/03/24 For Sale $1,500,000 -- $736 / Sq Ft
Source: PrimeMLS

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 $9,183 $646,700 $430,600 $216,100
2023 $8,802 $646,700 $430,600 $216,100
2022 $8,718 $646,700 $430,600 $216,100
2021 $8,210 $631,500 $430,600 $200,900
2020 $8,146 $631,500 $430,600 $200,900
2019 $7,693 $442,100 $269,900 $172,200
2018 $7,427 $442,100 $269,900 $172,200
2017 $7,295 $442,100 $269,900 $172,200
2016 $7,434 $463,200 $269,900 $193,300
2015 $7,258 $463,200 $269,900 $193,300
2014 $7,189 $463,200 $269,900 $193,300
2013 $7,050 $463,200 $269,900 $193,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5012337

PrimeMLS

APN: KITT-000053-000000-000001-000005