INSTANT EQUITY - PRICED WELL BELOW CURRENT APPRAISAL!
This exceptional newly built home offers not only a luxurious lifestyle but also OUTSTANDING INCOME POTENTIAL. With 4-5 bedrooms, multiple gathering spaces, expansive decks, and access to the Damariscotta River only a mile away, it is ideally suited for weekly vacation rentals during Maine's highly sought-after summer season. Boaters, families, and visitors flock to the Midcoast each year, creating strong demand for large homes. Whether enjoyed as a private retreat or leveraged as an investment opportunity, this property has the potential to generate substantial seasonal rental income while continuing to appreciate in one of Maine's most desirable coastal locations.
Set on a quiet dead-end road that offers privacy, minimal traffic, and a peaceful setting, this beautifully crafted home (including two ensuite bedrooms, one up, one down) offers luxury, comfort, and coastal charm.
Designed with both everyday living and entertaining in mind, the home features a light-filled, open floor plan with a large living room complete with custom built-ins and a warm, inviting gas fireplace. The well-appointed kitchen is a standout, showcasing high-end appliances, quartz countertops, and ample space for gathering and meal preparation.
The first-floor primary suite is a private retreat, offering a spacious bedroom, walk-in closet, and a spa-like bathroom with in-floor heat, a luxury shower and double vanity. Step outside to your own private deck--perfect for morning coffee or evening relaxation.
Upstairs, you'll find 3 bedrooms that enjoy seasonal water views. A spectacular bonus room, connected by elegant French doors, offers endless possibilities--create a game room, home gym or media space.
Within walking distance to downtown Damariscotta, 15 minutes to the beach and 1.5 hours to the Portland airport, this home has it all!
OPEN HOUSE JUNE 27 11:00-12:30
Active
Price cut: $30K (5/20)
$899,000
29 Pleasant Street, Newcastle, ME 04553
4beds
3,300sqft
Single Family Residence
Built in 2025
0.9 Acres Lot
$894,400 Zestimate®
$272/sqft
$-- HOA
What's special
Warm inviting gas fireplaceQuartz countertopsHigh-end appliancesExpansive decksMultiple gathering spacesSpacious bedroomWalk-in closet
- 84 days |
- 427 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty
Source: Maine Listings,MLS#: 1656508
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bedroom
- Features: Closet, Double Vanity, Full Bath, Separate Shower, Suite, Walk-In Closet(s)
- Level: First
- Area: 221 Square Feet
- Dimensions: 13 x 17
Bedroom 1
- Features: Closet, Full Bath, Soaking Tub, Walk-In Closet(s)
- Level: Second
- Area: 221 Square Feet
- Dimensions: 13 x 17
Bedroom 2
- Features: Closet
- Level: Second
- Area: 170 Square Feet
- Dimensions: 10 x 17
Bedroom 3
- Features: Closet
- Level: Second
- Area: 264 Square Feet
- Dimensions: 12 x 22
Bonus room
- Features: Above Garage, Built-in Features
- Level: Second
- Area: 627 Square Feet
- Dimensions: 19 x 33
Dining room
- Features: Dining Area, Informal
- Level: First
- Area: 96 Square Feet
- Dimensions: 8 x 12
Kitchen
- Features: Eat-in Kitchen, Kitchen Island, Pantry
- Level: First
- Area: 144 Square Feet
- Dimensions: 12 x 12
Living room
- Features: Built-in Features, Gas Fireplace
- Level: First
- Area: 396 Square Feet
- Dimensions: 22 x 18
Mud room
- Level: First
- Area: 96 Square Feet
- Dimensions: 8 x 12
Other
- Level: First
- Area: 180 Square Feet
- Dimensions: 15 x 12
Heating
- Heat Pump, Other
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Microwave, Electric Range, Refrigerator
Features
- 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Pantry, Shower, Walk-In Closet(s), Primary Bedroom w/Bath
- Flooring: Ceramic Tile, Luxury Vinyl
- Windows: Double Pane Windows
- Basement: Interior Entry,Crawl Space
- Number of fireplaces: 1
Interior area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
- Finished area above ground: 3,300
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Gravel, 1 - 4 Spaces, Garage Door Opener, Heated Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: Roll-in Shower
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Scenic
- Body of water: Damariscotta River
Lot
- Size: 0.9 Acres
- Features: Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood, Cul-De-Sac, Level, Open Lot
Details
- Zoning: Village Residential
- Other equipment: Generator, Internet Access Available
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Shingle
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Design Available, Septic Tank
- Water: Private, Well
Community & HOA
Location
- Region: Newcastle
Financial & listing details
- Price per square foot: $272/sqft
- Annual tax amount: $2,467
- Date on market: 4/10/2026
- Road surface type: Paved
Estimated market value
$894,400
$850,000 - $939,000
$4,605/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Price change | $899,000-3.2%$272/sqft |
Source:  Maine Listings #1656508 Report a problem | ||
| 4/10/2026 | Listed for sale | $929,000-2.1%$282/sqft |
Source: Maine Listings #1656508 Report a problem | ||
| 2/20/2026 | Listing removed | $949,000$288/sqft |
Source: Maine Listings #1639044 Report a problem | ||
| 9/26/2025 | Listed for sale | $949,000$288/sqft |
Source: Maine Listings #1639044 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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: 04553
Nearby schools
GreatSchools rating
- 8/10Great Salt Bay Community SchoolGrades: PK-8Distance: 2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Lincoln County
- Newcastle
- 04553
- 29 Pleasant Street
Nearby cities
Nearby zip codes
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