Property Attributes
- MLS#1656508
- TypeSingle Family
- Listing Status Pending
- CountyLincoln
- CityNewcastle
- Zip04553
- StyleCape Cod
- Year Built2025
- Taxes$ 2467
- Price$ 899,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage3300
- Lot Size0.9 Acres
Data Source:
Maine Listings (MREIS)
Property Description
INSTANT EQUITY - PRICED WELL BELOW CURRENT APPRAISAL! This exceptional newly built home offers not only a luxurious lifestyle but also OUTSTANDING INCOME POTENTIAL. With 4-5 bedrooms, multiple gathering spaces, expansive decks, and access to the Damariscotta River only a mile away, it is ideally suited for weekly vacation rentals during Maine's highly sought-after summer season. Boaters, families, and visitors flock to the Midcoast each year, creating strong demand for large homes. Whether enjoyed as a private retreat or leveraged as an investment opportunity, this property has the potential to generate substantial seasonal rental income while continuing to appreciate in one of Maine's most desirable coastal locations. Set on a quiet dead-end road that offers privacy, minimal traffic, and a peaceful setting, this beautifully crafted home (including two ensuite bedrooms, one up, one down) offers luxury, comfort, and coastal charm. Designed with both everyday living and entertaining in mind, the home features a light-filled, open floor plan with a large living room complete with custom built-ins and a warm, inviting gas fireplace. The well-appointed kitchen is a standout, showcasing high-end appliances, quartz countertops, and ample space for gathering and meal preparation. The first-floor primary suite is a private retreat, offering a spacious bedroom, walk-in closet, and a spa-like bathroom with in-floor heat, a luxury shower and double vanity. Step outside to your own private deck--perfect for morning coffee or evening relaxation. Upstairs, you'll find 3 bedrooms that enjoy seasonal water views. A spectacular bonus room, connected by elegant French doors, offers endless possibilities--create a game room, home gym or media space. Within walking distance to downtown Damariscotta, 15 minutes to the beach and 1.5 hours to the Portland airport, this home has it all! OPEN HOUSE JUNE 27 11:00-12:30
General Features
| Sewer | Private Sewer,Septic Design Available,Septic Tank |
|---|---|
| Zoning | Village Residential |
| Electric | Circuit Breakers |
| Tax Year | 2025 |
| County | Lincoln |
| Property Type | Residential |
| HOA | false |
| Status | Pending |
| City | Newcastle |
| Lot Size Units | Acres |
| Lot Size Square Feet | 39204 |
| Tax Annual Amount | 2467 |
| Standard Status | Pending |
| Tax Lot | 31-01 |
| View | Scenic |
| Body of Water | Damariscotta River |
| Heating | Electric,Propane,Heat Pump,Other |
| Cooling | Heat Pump |
| Property Subtype | Single Family Residence |
| New Construction | true |
| Garage Y/N | true |
| Land Lease Y/N | false |
| Property Condition | New Construction |
| Roof | Shingle |
| Garage Spaces | 2 |
| Architectural Style | Cape Cod |
| Construction Materials | Wood Frame,Vinyl Siding |
| Year Built | 2025 |
| Attached Garage | true |
| Total Rooms | 10 |
| Full Baths | 3 |
| Appliances | Dishwasher,Microwave,Electric Range,Refrigerator |
| Patio/Porch Features | Deck |
| Accessibility | Roll-in Shower |
Interior Features
| Total Baths | 4 |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Basement | Interior Entry,Crawl Space |
| Flooring | Ceramic Tile,Luxury Vinyl |
| Total Fireplaces | 1 |
| Fireplace Y/N | true |
| Above Grade Finished Area | 3300 |
| Half Baths | 1 |
| Total Bedrooms | 4 |
| Interior Amenities | 1st Floor Bedroom,1st Floor Primary Bedroom w/Bath,Bathtub,Pantry,Shower,Walk-In Closet(s),Primary Bedroom w/Bath |
| Laundry Features | Main Level,Washer Hookup |
Exterior Features
| Parking Features | Gravel,1 - 4 Spaces,Garage Door Opener,Inside Entrance,Heated Garage |
|---|---|
| Lot Features | Near Country Club,Near Golf Course,Near Public Beach,Near Shopping,Near Town,Neighborhood,Subdivided,Cul-De-Sac,Level,Open Lot |
| Water Source | Private,Well |
| Lot Size Area | 0.9 |
| Lot Size Acres | 0.9 |
| Road Surface Type | Paved |
| Lot Size Source | Public Records |
| Waterfront Y/N | false |
| Building Area Total | 3300 |
| Foundation Details | Poured Concrete |
| Other Equipment | Generator,Internet Access Available |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 04553
Statistics provided by Inside Real Estate
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified ©2026 Maine Real Estate Information System, Inc. All Rights Reserved.