Closed

$550,000

35 Hillside Avenue, Falmouth, ME 04105

3beds

--baths

1,400sqft

Single Family Residence

Built in 1962

2.5 Acres Lot

$564,100 Zestimate^®

$393/sqft

$3,770 Estimated rent

Home value

$564,100

$536,000 - $592,000

$3,770/mo

Zestimate^® history

Owner options

List your home for rent

$3,770/mo

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$3,770/mo

Rent Zestimate^®

Refinance and save

$2,774/mo

Est. payment

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$2,774/mo

Est. payment

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What's special

Investors, take note! This is a rare chance to secure a high-value flip project in a premium Falmouth location. The existing home has been fully gutted and is primed for a complete rebuild. Even better? The property includes a surveyed and approved second buildable lot, offering massive potential for a brand-new build. Enjoy the perfect balance of convenience and seclusion—just minutes from the Turnpike and a quick 20-minute drive to downtown Portland. Buyer to verify all building plans and permits with the Town of Falmouth.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3

Bedroom 1

Level: Upper

Bedroom 2

Level: Upper

Bedroom 3

Level: Upper

Great room

Level: First

Kitchen

Level: First

Media room

Level: Basement

Heating

None

Cooling

None

Features

Flooring: Wood
Basement: Exterior Entry,Interior Entry
Has fireplace: No

Interior area

Total structure area: 1,400
Total interior livable area: 1,400 sqft
Finished area above ground: 1,400
Finished area below ground: 0

Property

Lot

Size: 2.5 Acres

Details

Parcel number: FMTHMU46B002
Zoning: RES

Construction

Type & style

Home type: SingleFamily
Architectural style: Split Level
Property subtype: Single Family Residence

Materials

Roof: Shingle

Condition

Year built: 1962

Utilities & green energy

Electric: Circuit Breakers
Sewer: Septic Tank
Water: Public

Community & HOA

Location

Region: Falmouth

Financial & listing details

Price per square foot: $393/sqft
Tax assessed value: $388,700
Annual tax amount: $5,036
Date on market: 12/21/2025

Price history

Date	Event	Price
1/29/2026	Sold	$550,000-4.3%$393/sqft
Source: Maine Listings #1647048 Report a problem
1/7/2026	Pending sale	$575,000$411/sqft
Source: Maine Listings #1647048 Report a problem
12/21/2025	Listed for sale	$575,000+88.5%$411/sqft
Source: Maine Listings #1647048 Report a problem
11/19/2020	Sold	$305,000+2%$218/sqft
Source: Maine Listings #1470467 Report a problem
9/26/2020	Listed for sale	$299,000$214/sqft
Source: Greater Portland Realty #1470467 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$5,201 +6.1%	$388,700 +0.2%
2023	$4,902 +6.1%	$387,800 +0%
2022	$4,621 +10.8%	$387,700 +58.6%
2020	$4,169 +13.2%	$244,500
2019	$3,682 -8.6%	$244,500
2018	$4,027 +5.4%	$244,500
2017	$3,819 +3.5%	$244,500
2016	$3,690 +3.2%	$244,500 +0%
2015	$3,576 +11%	$244,400
2014	$3,220 -1.9%	$244,400
2012	$3,282 +3.9%	$244,400
2011	$3,158 +4.6%	$244,400
2009	$3,018	$244,400
2008	$3,018	$244,400 +24.6%
2006	--	$196,100