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  • $305,000

    1024 Stillwater Avenue, Old Town, ME 04468

    5beds
    5,510sqft
    Multi Family
    Built in 1892
    -- sqft lot
    $305,100 Zestimate®
    $55/sqft
    $1,783 Estimated rent

    Home value

    $305,100

    $284,000 - $326,000

    $1,783/mo

    Zestimate® history
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    What's special

    Fenced-in yardThree bathroomsFine woodworkTwo points of accessHalf-acre lotLarge unfinished atticOriginal cabinetry
    Welcome to 1024 Stillwater Avenue, a grand 5,500 sq. ft. farmhouse dating back to 1892, set just a short stroll from the Stillwater River Reservoir. Steeped in history and cherished by the same family for 42 years, this property also holds the legacy of housing the award-winning Stillwater Montessori School, a beloved community institution since 1983. Historic character is preserved throughout, from original cabinetry and fine woodwork to gleaming birds-eye maple and oak floors, all crowned by a magnificent front entry with paned windows leading into a grand hall and staircase with a carved newel post. Perfectly situated at the corner of Stillwater and College Avenue, the property is minutes from the University of Maine, I-95, shopping, recreation, and trails. The half-acre lot offers two points of access, with a driveway connecting Stillwater Avenue to Old Mill Road and a small garage ideal for storage or parking. A rare grandfathered two-unit within an R1 zone, the home offers tremendous flexibility--as a single-family residence, a two-family, or, with town approval, a business such as a school, church, or public facility. Inside are 18 rooms, three bathrooms, and a converted barn with two levels of four-season space, plus a large unfinished attic brimming with potential. Modern updates on the first floor include hard-wired smoke detectors, exit signs, and emergency lighting. Practical exterior features include parking for 12-14 cars and a fenced-in yard. With solid bones, timeless beauty, and limitless possibilities, this remarkable property is ready for its next vision.

    Zillow last checked:

    Listing updated:

    Listed by:

    Townsend Real Estate

    Bought with:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1636628MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    Heating
    • Direct Vent Heater, Hot Water, Radiator
    Cooling
    • None
    Features
    • 1st Floor Bedroom, Attic, Bathtub, Pantry, Shower, Storage
    • Flooring: Vinyl, Wood, Hardwood
    • Windows: Storm Window(s)
    • Basement: Interior Entry,Dirt Floor,Crawl Space,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 5,510
    • Total interior livable area: 5,510 sqft
    • Finished area above ground: 5,510
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Gravel, 11 - 20 Spaces, On Site, Detached
    • Garage spaces: 1
    Features
    • Levels: Multi/Split
    • Stories: 3
    • Patio & porch: Porch
    Lot
    • Size: 0.51 Acres
    • Features: Business District, City Lot, Near Turnpike/Interstate, Near Town, Agricultural, Corner Lot, Farm, Level, Sidewalks
    Details
    • Additional structures: Outbuilding
    • Parcel number: OLDNM017L065
    • Zoning: Low Density R1

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial,Farmhouse,New Englander,Victorian
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding, Wood Siding
    • Foundation: Stone, Brick/Mortar
    • Roof: Shingle,Tar/Gravel
    Condition
    • Year built: 1892

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Old Town

    Financial & listing details

    • Price per square foot: $55/sqft
    • Tax assessed value: $303,600
    • Annual tax amount: $5,374
    • Date on market: 9/5/2025
    • Exclusions: Stained Glass
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/5/2026Pending sale$330,000+8.2%$60/sqft
    Source: Maine Listings #1642545 Report a problem
    8/4/2026Sold$305,000-7.6%$55/sqft
    Source: Maine Listings #1636628 Report a problem
    5/11/2026Contingent$330,000$60/sqft
    Source: Maine Listings #1642545 Report a problem
    4/13/2026Price change$330,000-5.2%$60/sqft
    Source: Maine Listings #1642545 Report a problem
    10/28/2025Price change$348,000-7.2%$63/sqft
    Source: Maine Listings #1636628 Report a problem
    10/7/2025Price change$374,900-6%$68/sqft
    Source: Maine Listings #1636628 Report a problem
    9/5/2025Listed for sale$399,000$72/sqft
    Source: Maine Listings #1636628 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,374 $303,600
    2023$5,374 +25.9%$303,600 +49.3%
    2022$4,269 -6.4%$203,300 +1.9%
    2021$4,563 $199,600
    2020$4,563 $199,600
    2019$4,563 $199,600
    2018$4,563 +2.3%$199,600
    2017$4,461 +6%$199,600
    2016$4,210 -0.3%$199,600
    2015$4,224 +4.7%$199,600
    2014$4,034 +8.1%$199,600
    2013$3,731 +5%$199,600
    2012$3,553 $199,600
    2008-- $199,600
    Find assessor info on the county website

    Neighborhood: 04468

    Nearby schools

    GreatSchools rating
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