This historic Scarborough property on Pine Point Road offers a rare combination of character, location, and investment potential. The large two-family underwent an extensive renovation down to the studs in 2014/2015, including new kitchens with granite countertops and stainless steel appliances, hardwood floors, updated baths with tiled showers, new furnaces (2), Andersen windows, closed-cell insulation, a new roof, and more. Each unit features a spacious 3-bedroom, 2-bath layout with generously sized bedrooms and comfortable living space. Out back, the existing barn adds potential for an ADU or other future use, subject to town approvals. Just minutes from Pine Point Beach and the Eastern Trail, the property offers excellent walkability and bikeability in one of Scarborough's most desirable coastal areas. Strong existing rents with additional upside make this a compelling opportunity for an owner-occupant or investor. ***Photos were taken while the property was vacant. Property is currently tenant-occupied.
Active
Price cut: $30K (9/11)
$799,000
237 Pine Point Road, Scarborough, ME 04074
6beds
3,045sqft
Multi Family
Built in 1840
-- sqft lot
$-- Zestimate®
$262/sqft
$-- HOA
What's special
Existing barnNew roofClosed-cell insulationHardwood floorsAndersen windowsGenerously sized bedroomsComfortable living space
- 23 days
- 1,294
- 50
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty (207)232-8877
Source: Maine Listings,MLS#: 1678746
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
Heating
- Baseboard, Forced Air, Hot Water, Zoned
Cooling
- None
Features
- 1st Floor Bedroom
- Flooring: Carpet, Tile, Wood
- Windows: Double Pane Windows
- Basement: Bulkhead,Interior Entry,Dirt Floor,Full
- Number of fireplaces: 2
Interior area
- Total structure area: 3,045
- Total interior livable area: 3,045 sqft
- Finished area above ground: 3,045
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 5 - 10 Spaces
Features
- Levels: Multi/Split
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 0.81 Acres
- Features: Near Public Beach, Near Turnpike/Interstate, Near Town, Level
Details
- Parcel number: SCARMU026L049
- Zoning: R4A
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cape Cod
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone, Granite
- Roof: Shingle
Condition
- Year built: 1840
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Scarborough
Financial & listing details
- Price per square foot: $262/sqft
- Tax assessed value: $413,500
- Annual tax amount: $6,829
- Date on market: 9/1/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Price change | $799,000-3.6%$262/sqft |
Source: | ||
| 9/1/2026 | Listed for sale | $829,000+74.5%$272/sqft |
Source: | ||
| 8/9/2019 | Sold | $475,000$156/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,604 | $413,500 |
| 2023 | $6,604 +3.8% | $413,500 |
| 2022 | $6,364 +3.6% | $413,500 |
| 2020 | $6,145 +0% | $413,500 |
| 2019 | $6,145 +11.9% | $413,500 +24.1% |
| 2017 | $5,493 +3.6% | $333,100 |
| 2016 | $5,303 +2.8% | $333,100 |
| 2015 | $5,160 +8.8% | $333,100 +0.9% |
| 2014 | $4,744 -2.7% | $330,200 |
| 2013 | $4,877 +7% | $330,200 |
| 2012 | $4,557 | $330,200 +4.4% |
| 2006 | -- | $316,400 |
Find assessor info on the county website
Monthly payment
Est. payment






