8 Fae Ln Unit 1 Gorham, ME 04038
Estimated payment $4,721/month
Highlights
- Nearby Water Access
- Public Beach
- Farmhouse Style Home
- Village Elementary School Rated A-
- Country Club
- Bonus Room
About This Home
Don't miss this opportunity to live in a beautifully designed Contemporary Farmhouse just moments from everything Gorham Village has to offer. Featuring a light-filled, open-concept layout, this home is perfect for both everyday living and entertaining. The spacious kitchen is a standout, offering granite countertops, a stainless steel farmhouse sink, sleek appliances, and an impressive amount of cabinetry—plus a large walk-in pantry for all your storage needs. The adjoining dining area opens to a private patio, ideal for relaxing or hosting guests outdoors. Upstairs, the generous primary suite includes a walk-in closet and ensuite bath. You'll also find three additional bedrooms, a laundry room, a utility closet, and a cozy office nook. The finished third floor offers flexible space currently used as two offices but easily converted into a fifth bedroom or bonus room. Enjoy year-round comfort with efficient heat pumps and owned solar panels that keep energy costs incredibly low—ask for utility info! An attached two-car garage provides additional storage and convenience. This home combines modern style, energy efficiency, and a prime location—schedule your showing today! Property is also listed as MLS 1631615 and is a single family home that is in a condominium association neighborhood.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,448
Year Built
- Built in 2022
Lot Details
- Public Beach
- Cul-De-Sac
- Landscaped
- Open Lot
HOA Fees
- $325 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Automatic Garage Door Opener
- Driveway
Home Design
- Farmhouse Style Home
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,745 Sq Ft Home
- Living Room
- Dining Room
- Bonus Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
Laundry
- Dryer
- Washer
Outdoor Features
- Nearby Water Access
Location
- Property is near a golf course
- City Lot
Utilities
- Zoned Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 16 / 78
- Assessor Parcel Number GRHM-000103-000078-000001
Community Details
Overview
- Grady Farms Subdivision
- The community has rules related to deed restrictions
Recreation
- Country Club
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 |
|---|---|---|---|---|
| 2024 | $8,448 | $574,700 | $31,900 | $542,800 |
| 2023 | $7,902 | $574,700 | $31,900 | $542,800 |
| 2022 | $4,090 | $318,300 | $31,900 | $286,400 |
| 2021 | $1,282 | $66,100 | $66,100 | $0 |
| 2020 | $4,400 | $231,600 | $66,100 | $165,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | For Sale | $699,000 | +11.8% | $255 / Sq Ft |
| 05/16/2022 05/16/22 | Sold | $625,000 | 0.0% | $228 / Sq Ft |
| 01/24/2022 01/24/22 | Pending | -- | -- | -- |
| 10/14/2021 10/14/21 | For Sale | $625,000 | -- | $228 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $625,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Purchase Money Mortgage |
Source: Maine Listings
MLS Number: 1635591
APN: GRHM M:103 B:078 L:001
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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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