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  • $500,000

    16 Palace Drive, Sanford, ME 04073

    3beds
    2,392sqft
    Single Family Residence
    Built in 2004
    2.3 Acres Lot
    $496,500 Zestimate®
    $209/sqft
    $3,727 Estimated rent

    Home value

    $496,500

    $447,000 - $551,000

    $3,727/mo

    Zestimate® history
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    What's special

    Set on 2 private, tree-lined acres, this sun-filled, dormered Cape Cod-style home offers the perfect blend of tranquility and convenience. Enjoy evenings on the charming farmer's porch and take in the beautifully landscaped yard. Inside, the open layout features a kitchen, dining, and living area with a cozy gas fireplace and built-in bookshelves. A bedroom and full bath are located on each floor—including a spacious primary suite upstairs with a walk-in closet and spa-like bath featuring dual vanities and a tiled walk-in shower. The finished lower level includes a bonus room, full bath, and walkout access—perfect for guests, a home office, or game room. A three-car garage offers space for vehicles, tools, or recreational gear like ATVs or snowmobiles. Close to shops, parks, lakes, and beaches—just a short drive to Portland. Open house scheduled for Sunday, July 27.

    Zillow last checked:

    Listing updated:

    Listed by:

    Portside Real Estate Group

    Bought with:

    Coldwell Banker Realty

    Source: Maine Listings,MLS#: 1631400MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Level: Second
    Bedroom 1
    • Level: First
    Bedroom 3
    • Level: Basement
    Dining room
    • Level: First
    Family room
    • Level: Basement
    Kitchen
    • Level: First
    Laundry
    • Level: First
    Living room
    • Level: First
    Heating
    • Baseboard, Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
    Features
    • 1st Floor Bedroom, Attic, Pantry, Shower, Walk-In Closet(s), Primary Bedroom w/Bath
    • Flooring: Carpet, Laminate, Tile
    • Doors: Storm Door(s)
    • Windows: Double Pane Windows
    • Basement: Interior Entry,Finished,Full
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,392
    • Total interior livable area: 2,392 sqft
    • Finished area above ground: 1,932
    • Finished area below ground: 460

    Property

    Parking
    • Total spaces: 3
    • Parking features: Gravel, 5 - 10 Spaces
    • Garage spaces: 3
    Features
    • Patio & porch: Porch
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 2.3 Acres
    • Features: Neighborhood, Rural, Level, Wooded
    Details
    • Parcel number: SANFM0R13B022D
    • Zoning: RMU

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Vinyl Siding
    • Roof: Shingle
    Condition
    • Year built: 2004

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Private Sewer
    • Water: Private

    Community & HOA

    Location
    • Region: Sanford

    Financial & listing details

    • Price per square foot: $209/sqft
    • Tax assessed value: $420,800
    • Annual tax amount: $6,843
    • Date on market: 7/24/2025

    Price history

    DateEventPrice
    8/29/2025Sold$500,000$209/sqft
    Source: Maine Listings #1631400 Report a problem
    8/29/2025Pending sale$500,000$209/sqft
    Source: Maine Listings #1631400 Report a problem
    8/5/2025Contingent$500,000$209/sqft
    Source: Maine Listings #1631400 Report a problem
    7/24/2025Listed for sale$500,000+28.2%$209/sqft
    Source: Maine Listings #1631400 Report a problem
    12/18/2024Sold$390,000-3.7%$163/sqft
    Source: Maine Listings #1604917 Report a problem
    11/12/2024Pending sale$404,900$169/sqft
    Source: Maine Listings #1604917 Report a problem
    11/5/2024Listed for sale$404,900$169/sqft
    Source: Maine Listings #1604917 Report a problem
    10/19/2024Pending sale$404,900$169/sqft
    Source: Maine Listings #1604917 Report a problem
    10/18/2024Price change$404,900-5.6%$169/sqft
    Source: Maine Listings #1604917 Report a problem
    10/2/2024Price change$429,000-5.7%$179/sqft
    Source: Maine Listings #1604917 Report a problem
    9/25/2024Listed for sale$455,000$190/sqft
    Source: Maine Listings #1604917 Report a problem
    9/3/2024Sold$455,000+230.9%$190/sqft
    Source: Public Record Report a problem
    10/15/2012Sold$137,500-27.6%$57/sqft
    Source: Agent Provided Report a problem
    5/15/2012Listed for sale$190,000-15.6%$79/sqft
    Source: keller williams coastal realty #4053848 Report a problem
    4/7/2012Listing removed$225,000$94/sqft
    Source: Keller Williams Coastal Realty #4053848 Report a problem
    4/22/2011Price change$225,000-4.3%$94/sqft
    Source: keller williams coastal realty #4053848 Report a problem
    4/8/2011Price change$235,000-11.3%$98/sqft
    Source: keller williams coastal realty #4053848 Report a problem
    9/25/2010Price change$265,000-7%$111/sqft
    Source: E to P LLC, dba Keller Williams Realty #991356 Report a problem
    9/16/2010Listed for sale$284,900$119/sqft
    Source: E to P LLC, dba Keller Williams Realty #991356 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,371 $420,800
    2023$6,371 +2.3%$420,800
    2022$6,228 -0.6%$420,800 +22.1%
    2021$6,267 $344,700
    2020$6,267 +9.1%$344,700 +24.2%
    2019$5,744 +4.4%$277,500 +3.4%
    2018$5,504 +3.9%$268,500 +5.1%
    2017$5,299 -0.7%$255,500 +8.9%
    2016$5,337 -1.6%$234,700 -4.7%
    2015$5,426 -2.8%$246,200 -0.8%
    2014$5,584 +1.8%$248,200 -4.1%
    2013$5,484 +9.4%$258,700 -0.3%
    2012$5,012 +7%$259,400 -3%
    2011$4,683 +8%$267,300 +1.2%
    2009$4,338 -0.4%$264,200 -4.8%
    2008$4,357 +7.1%$277,500 -0.5%
    2006$4,070 $278,800
    Find assessor info on the county website

    Neighborhood: 04073

    Nearby schools

    GreatSchools rating
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