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  • Price cut: $96K (5/29)
    $899,000

    148 College Avenue, Orono, ME 04473

    5beds
    2,432sqft
    : 
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    Single Family Residence
    Built in 1900
    0.9 Acres Lot
    $852,700 Zestimate®
    $370/sqft
    $-- HOA

    What's special

    HUGE PRICE REDUCTION! Distinguished Turnkey Estate Adjacent to UMaine Campus - Orono, ME Discover an exceptional opportunity to own a fully furnished, turn-key compound adjacent to the University of Maine campus. This rare .9-acre property features a beautifully renovated 5-bedroom, 3.5 bath main residence (2018 renovation with premium finishes throughout) plus two authentic log cabins--ideal for rentals, guest housing or storage. Property Highlights: • 5 spacious bedrooms & 3.5 bathrooms in the main house. • Renovated in 2018 with high-end materials and modern design. • Two charming FULLY FURNISHED log cabins with rustic appeal and income potential. • All three buildings offered fully furnished--just bring your keys. • Prime location adjacent to UMaine campus, perfect for faculty, students or short-term guests. • Expansive .9-acre lot offering privacy, convenience and charm. Whether you're seeking a multi-unit investment, a family compound, or a unique blend of luxury and rental income, this property delivers unmatched value and versatility in one of Orono's most desirable locations. ALSO LISTED AS MLS# 1654671
    238 days
    |
    313
    |
    15
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    Zillow last checked:

    Listing updated:

    Listed by:

    ERA Dawson-Bradford Co.

    Source: Maine Listings,MLS#: 1643690MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Cathedral Ceiling(s), Closet, Full Bath, Suite
      • Level: Third
      • Area: 465 Square Feet
      • Dimensions: 25 x 18.6
      Bedroom 1
      • Features: Walk-In Closet(s)
      • Level: Second
      • Area: 322 Square Feet
      • Dimensions: 23 x 14
      Bedroom 2
      • Features: Closet
      • Level: Second
      • Area: 178.12 Square Feet
      • Dimensions: 14.6 x 12.2
      Bedroom 3
      • Features: Closet
      • Level: Second
      • Area: 161.7 Square Feet
      • Dimensions: 14.7 x 11
      Bedroom 4
      • Features: Closet
      • Level: Second
      • Area: 145.53 Square Feet
      • Dimensions: 14.7 x 9.9
      Dining room
      • Features: Dining Area, Informal
      • Level: First
      • Area: 179.47 Square Feet
      • Dimensions: 13.1 x 13.7
      Kitchen
      • Features: Breakfast Nook, Eat-in Kitchen, Kitchen Island, Pantry
      • Level: First
      • Area: 423.66 Square Feet
      • Dimensions: 21.3 x 19.89
      Laundry
      • Features: Utility Sink
      • Level: First
      • Area: 68.6 Square Feet
      • Dimensions: 9.8 x 7
      Living room
      • Features: Heat Stove, Informal
      • Level: First
      • Area: 201.39 Square Feet
      • Dimensions: 14.7 x 13.7
      Mud room
      • Features: Closet
      • Level: First
      • Area: 77.7 Square Feet
      • Dimensions: 11.1 x 7
      Heating
      • Baseboard, Direct Vent Furnace, Hot Water
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Other
      • Laundry: Sink
      Features
      • Attic, In-Law Floorplan, One-Floor Living, Pantry, Shower, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
      • Flooring: Carpet, Tile, Wood, Luxury Vinyl
      • Windows: Double Pane Windows
      • Basement: Interior Entry,Full,Unfinished
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 2,432
      • Total interior livable area: 2,432 sqft
      • Finished area above ground: 2,432
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Gravel, 1 - 4 Spaces, 5 - 10 Spaces, On Site
      Features
      • Levels: Multi/Split
      • Patio & porch: Deck
      • Has view: Yes
      • View description: Trees/Woods
      • Body of water: Stillwater River
      Lot
      • Size: 0.9 Acres
      • Features: Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Level, Open Lot, Sidewalks, Landscaped, Wooded
      Details
      • Parcel number: ORONM019002L020
      • Zoning: Residential
      • Other equipment: Internet Access Available

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial,Cottage
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Log Siding, Vinyl Siding
      • Foundation: Stone, Poured Concrete
      • Roof: Metal,Shingle
      Condition
      • Year built: 1900

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Utilities On
      Green energy
      • Energy efficient items: 90% Efficient Furnace, Ceiling Fans, Dehumidifier, Water Heater, Insulated Foundation, LED Light Fixtures, Thermostat

      Community & HOA

      Community
      • Security: Security System
      Location
      • Region: Orono

      Financial & listing details

      • Price per square foot: $370/sqft
      • Tax assessed value: $435,300
      • Annual tax amount: $9,294
      • Date on market: 5/4/2026
      • Road surface type: Paved

        Estimated market value

        $852,700

        $810,000 - $895,000

        $2,781/mo

        Price history

        DateEventPrice
        5/29/2026Price change$899,000-9.6%$370/sqft
        Source: Maine Listings #1643690 Report a problem
        3/11/2026Price change$995,000-28.9%$409/sqft
        Source: Maine Listings #1643690 Report a problem
        11/17/2025Listed for sale$1,400,000+1042.9%$576/sqft
        Source: Maine Listings #1643690 Report a problem
        9/21/2017Sold$122,500$50/sqft
        Source: Maine Listings #1284772 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$9,294 +0.4%$435,300 +10%
        2023$9,259 +70.2%$395,700 +73.1%
        2022$5,441 +0.2%$228,600
        2021$5,429 $228,600
        2020$5,429 -9.3%$228,600 +1.1%
        2019$5,983 -2%$226,200
        2018$6,107 -12.5%$226,200 -15.7%
        2017$6,976 +4.6%$268,300
        2016$6,667 +1.8%$268,300
        2015$6,547 +2.3%$268,300
        2014$6,399 $268,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 04473

        Getting around

        35 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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