Closed

$174,500

27 Water Street, Orono, ME 04473

2beds

734sqft

Single Family Residence

Built in 1948

5,662 Square Feet Lot

$175,300 Zestimate^®

$238/sqft

$1,642 Estimated rent

Home value

$175,300

$160,000 - $193,000

$1,642/mo

Zestimate^® history

Owner options

List your home for rent

$1,642/mo

Rent Zestimate^®

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$1,642/mo

Rent Zestimate^®

Refinance and save

$1,148/mo

Est. payment

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$1,148/mo

Est. payment

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What's special

Easy-to-maintain layoutBright sun-filled porchPlenty of charm

Welcome to 27 Water St in downtown Orono! This cozy 2-bed, 1-bath home delivers convenience, character, and tons of potential. Enjoy a bright, sun-filled porch that doubles as a living space, plus a surprisingly spacious bonus room in the basement--ideal for storage, a workshop, or a creative retreat. This ''small but mighty'' home offers an easy-to-maintain layout with plenty of charm and the chance to add your own style. At this price, it's an excellent opportunity--whether you're an investor seeking a turnkey rental or a buyer ready to bring new life to a home with great bones.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: First

Bedroom 2

Level: First

Kitchen

Level: First

Living room

Level: First

Heating

Forced Air

Cooling

None

Appliances

Included: Dryer, Gas Range, Refrigerator, Washer

Features

1st Floor Bedroom, Bathtub, One-Floor Living, Shower
Flooring: Laminate, Hardwood, Linoleum
Basement: Interior Entry,Walk-Out Access,Finished,Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 734
Total interior livable area: 734 sqft
Finished area above ground: 484
Finished area below ground: 250

Property

Parking

Parking features: Gravel, 1 - 4 Spaces

Lot

Size: 5,662 Square Feet
Features: City Lot, Near Shopping, Near Turnpike/Interstate, Suburban, Level, Open Lot

Details

Parcel number: ORONM028001L0212588
Zoning: MDR
Other equipment: Internet Access Available

Construction

Type & style

Home type: SingleFamily
Architectural style: Cottage,Ranch
Property subtype: Single Family Residence

Materials

Wood Frame, Vinyl Siding
Foundation: Poured Concrete
Roof: Metal

Condition

Year built: 1948

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Orono

Financial & listing details

Price per square foot: $238/sqft
Tax assessed value: $67,100
Annual tax amount: $1,602
Date on market: 5/9/2026
Road surface type: Paved

Price history

Date	Event	Price
6/29/2026	Pending sale	$179,900+3.1%$245/sqft
Source: Maine Listings #1661380 Report a problem
6/26/2026	Sold	$174,500-3%$238/sqft
Source: Maine Listings #1661380 Report a problem
5/18/2026	Contingent	$179,900$245/sqft
Source: Maine Listings #1661380 Report a problem
5/9/2026	Listed for sale	$179,900$245/sqft
Source: Maine Listings #1661380 Report a problem