40 Waterman Road Buxton, ME

$399,900
Beds 3
Baths 2
Square Footage 1,739
Acres 5.15
Photo of 40 Waterman Road Buxton ME 04093




Description

Farmhouse is back on the market through no fault of the Property. Situated on 5.15 acres in one of Buxton, Maine's most desirable neighborhoods, this classic 1890 Cape-style farmhouse offers a rare opportunity to restore and personalize a property rich in character and potential. Featuring 10 spacious rooms and 2 full bathrooms, the home retains much of its original charm while providing ample opportunity to build equity through thoughtful updates. The flexible floor plan includes an older kitchen ready for renovation and a mix of oak, laminate, tile, carpet, and pine flooring throughout. Multiple living spaces offer versatility for various household needs and lifestyles. Property systems include five 200-amp electrical panels, with the furnace, hot water tank, and sump pump located in the basement. The basement has a dirt floor, typical of homes from this era. Outside, you'll find an attached two-car garage, abundant storage space, and a versatile five-room barn with endless possibilities for a workshop, hobby space, agricultural use, or storage. Being sold strictly 'as is,' this property is ideal for investors, contractors, or buyers seeking to restore a historic farmhouse and create a dream country estate in a highly sought-after location. Electricity is off. Tax abatement has reduced the tax amount and is effective as of 8-28-26. Seller Concessions Available. For a video walk-thru go to YouTube and enter the property address.


Listed by Keller Williams Realty, Martin Norton 207-879-9800

Details

MLS 1669721
Status Active
Price $399,900
DOM 69 days
Type Single Family
Beds 3
Baths 2 full baths
Square Feet 1,739 sqft
Garage Spaces 2
Lot Size 5.15 acres
Year Built 1890
Taxes Paid $6,019

Lot & Building Features

Amenities 1st Floor Bedroom, Attic, Shower, Storage
Cooling None
Heating Electric, K-1/Kerosene, Oil, Forced Air, Zoned
Parking Description Paved, 5 - 10 Spaces, Garage Door Opener, Inside Entrance
Tax Year 2025
Taxes Paid $6,019
Water Private, Well
Water Heater Electric
Fireplaces 2

Room Details

Bedroom 1 First floor
Bedroom 2 Second floor
Bedroom 3 Second floor
Bonus Room First floor
Bonus Room 2 First floor
Dining Room First floor
Kitchen First floor
Living Room First floor
Other Room First floor
Basement Description Bulkhead, Interior Entry, Dirt Floor, Full, Sump Pump, Unfinished

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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