Active

$579,000

29 Sherman Street, Newport, ME 04953

2beds

1,200sqft

$3,843/mo

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Single Family Residence

Built in 1960

0.79 Acres Lot

$553,600 Zestimate^®

$483/sqft

$-- HOA

What's special

Offered fully furnishedDouble corner lotExceptional waterfront access

Wake up to breathtaking sunrises in this charming 2-bedroom, 1-bath waterfront cottage on Sebasticook Lake. Situated right at the water's edge, this property offers deep water frontage, making it ideal for boating, fishing, or simply relaxing by the water. Set in a quaint neighborhood on a double corner lot on a town maintained road, the property provides extra space and future potential. A secondary structure sitting just steps from the water, in need of TLC but grandfathered for building, is ready to bring your vision to life. Whether you're looking for a peaceful retreat or your new year-round home, this lakefront property combines stunning views and exceptional waterfront access. Being offered fully furnished, you start enjoying the lake on day one!

40 days
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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Features: Closet, Walk-In Closet(s)
Level: Second

Bedroom 2

Features: Balcony/Deck, Laundry/Laundry Hook-up
Level: Basement

Kitchen

Level: First

Living room

Level: First

Heating

Hot Water

Cooling

Heat Pump

Features

Flooring: Hardwood
Basement: Interior Entry,Daylight,Finished,Full
Has fireplace: No
Furnished: Yes

Interior area

Total structure area: 1,200
Total interior livable area: 1,200 sqft
Finished area above ground: 1,200
Finished area below ground: 0

Property

Parking

Parking features: Gravel, 1 - 4 Spaces

Features

On waterfront: Yes
Body of water: Sebasticook Lake
Frontage length: Waterfrontage: 150,Waterfrontage Owned: 150

Lot

Size: 0.79 Acres
Features: Near Shopping, Near Turnpike/Interstate, Near Town, Rural, Open Lot, Rolling Slope, Landscaped

Details

Parcel number: NEPTM024L022
Zoning: res

Construction

Type & style

Home type: SingleFamily
Architectural style: Chalet
Property subtype: Single Family Residence

Materials

Wood Frame, Vinyl Siding
Roof: Metal

Condition

Year built: 1960

Utilities & green energy

Electric: Circuit Breakers
Sewer: Private Sewer
Water: Private

Community & HOA

Location

Region: Newport

Financial & listing details

Price per square foot: $483/sqft
Tax assessed value: $150,900
Annual tax amount: $2,641
Date on market: 7/24/2026
Road surface type: Dirt

Estimated market value

$553,600

$526,000 - $581,000

$1,896/mo

Price history

Date	Event	Price
7/24/2026	Listed for sale	$579,000+619.3%$483/sqft
Source: Maine Listings #1673380 Report a problem
8/1/1998	Sold	$80,500$67/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,641 +14.9%	$150,900 +7%
2023	$2,298 +5.3%	$141,000 +26.6%
2022	$2,183 -0.5%	$111,400 +4.6%
2021	$2,194 +1.8%	$106,500 +1.8%
2020	$2,155 +2.6%	$104,600 +6.1%
2019	$2,100	$98,600
2018	$2,100 +6.5%	$98,600
2017	$1,972 +3.1%	$98,600
2016	$1,913 +8.4%	$98,600
2015	$1,765 +3.9%	$98,600 -0.1%
2014	$1,698	$98,700