1 & 9 Franklin Terrace South Portland, ME

$3,300,000
Beds 7
Baths 5
Square Footage 4,300
Acres 0.55
Photo of 1 & 9 Franklin Terrace South Portland ME 04106




Description

An exceptional and increasingly rare offering in South Portland's coveted Willard Beach neighborhood. Two homes 1 Franklin recently remodeled- 4+bedrooms, 3 full baths. 9 Franklin in need of some TLC, 3 bedrooms 2 baths. Now presenting potential for a development (subject to approvals), or an extraordinary multi-generational family compound directly on the beach. Set on a premier waterfront site with sweeping views of Spring Point Ledge Lighthouse, Casco Bay, and the islands, this unique property includes two residences positioned to capture the beauty and energy of Maine's coastline from multiple perspectives. The larger home, recently remodeled, offers four to five bedrooms and expansive living spaces designed to maximize ocean views and natural light. Wake to sunrises over Casco Bay, watch working boats pass through the harbor, and experience true waterfront living from nearly every vantage point. The second residence enjoys its own distinct outlook across the ocean, creating flexibility for guest accommodations, rental income, or extended family living. If utilized as a private compound, there is also potential for an additional buildable lot located in front of the smaller residence, creating the rare opportunity for three separate living spaces -- the primary home, guest residence, and an additional homesite (subject to approvals).


Listed by F.O. Bailey Real Estate, Anne Ross-Murray 207-781-1111

Details

MLS 1624824
Status Active
Price $3,300,000
DOM 495 days
Type Single Family
Style Bungalow, Modern
Beds 7
Baths 5 full baths
Square Feet 4,300 sqft
Garage Spaces 2
Lot Size 0.55 acres
Year Built 1990
Taxes Paid $41,000

Lot & Building Features

Amenities 1st Floor Bedroom, Attic, Bathtub, Fenced, Fire System, In-Law Apartment, Irrigation System, Washer Hookup, Pantry, Security System, Shower, Storage, Walk-in Closets, Primary Bedroom w/Bath
Construction Wood Frame
Cooling Wall/Window Unit(s), Heat Pump
Heat Source Electric, Gas Natural, Other Heat Fuel, Wood
Heating Electric, Gas Natural, Other, Wood, Baseboard, Heat Pump, Hot Water, Radiant, Wood Stove
Parking Description Other, Paved, 1 - 4 Spaces, 5 - 10 Spaces, On Site, Garage Door Opener, Inside Entrance, Heated Garage
Tax Year 2025
Taxes Paid $41,000
Water Public
Water Heater Off Heating System
Fireplaces 2

Room Details

Basement Description Interior Entry, Other, Sump Pump, Unfinished, Slab

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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