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  • $785,000

    237 Pine Point Road, Scarborough, ME 04074

    6beds
    3,045sqft
    Multi Family
    Built in 1840
    -- sqft lot
    $784,600 Zestimate®
    $258/sqft
    $2,322 Estimated rent

    Home value

    $784,600

    $745,000 - $824,000

    $2,322/mo

    Zestimate® history
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    $2,322/mo

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    $3,960/mo

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    What's special

    Existing barnNew roofClosed-cell insulationHardwood floorsAndersen windowsGenerously sized bedroomsComfortable living space
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty (207)232-8877

    Bought with:

    Cottage & Co Real Estate

    Source: Maine Listings,MLS#: 1678746MLS Logo

    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: $258/sqft
    • Tax assessed value: $413,500
    • Annual tax amount: $6,829
    • Date on market: 9/1/2026

    Price history

    DateEventPrice
    10/23/2026Sold$785,000-1.8%$258/sqft
    Source: Maine Listings #1678746 Report a problem
    9/30/2026Pending sale$799,000$262/sqft
    Source: Maine Listings #1678746 Report a problem
    9/11/2026Price change$799,000-3.6%$262/sqft
    Source: Maine Listings #1678746 Report a problem
    9/1/2026Listed for sale$829,000+74.5%$272/sqft
    Source: Maine Listings #1678746 Report a problem
    8/9/2019Sold$475,000$156/sqft
    Source: Maine Listings #1417108 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 04074

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $784,600
    2% more
    +$15,692
    With Zillow Showcase(estimated)

    $800,292

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $784,600
    2% more
    +$15,692
    With Zillow Showcase(estimated)

    $800,292