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.
Active under contract
$179,900
27 Water Street, Orono, ME 04473
2beds
734sqft
Single Family Residence
Built in 1948
5,662 Square Feet Lot
$-- Zestimate®
$245/sqft
$-- HOA
What's special
Easy-to-maintain layoutBright sun-filled porchPlenty of charm
- 47 days |
- 85 |
- 1 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty
Source: Maine Listings,MLS#: 1661380
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: $245/sqft
- Tax assessed value: $67,100
- Annual tax amount: $1,602
- Date on market: 5/9/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Contingent | $179,900$245/sqft |
Source: | ||
| 5/9/2026 | Listed for sale | $179,900$245/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,594 | $67,100 |
| 2023 | $1,594 | $67,100 |
| 2022 | $1,594 | $67,100 |
| 2021 | $1,594 | $67,100 |
| 2020 | $1,594 | $67,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04473
Nearby schools
GreatSchools rating
- 9/10Asa C Adams SchoolGrades: PK-5Distance: 0.5 mi
- 9/10Orono Middle SchoolGrades: 6-8Distance: 0.4 mi
- 7/10Orono High SchoolGrades: 9-12Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Penobscot County
- Orono
- 04473
- 27 Water Street





