Welcome to 38 Freds Way in Gray, a 2021-built colonial set on a private 1.95-acre lot offering the perfect blend of modern living and peaceful surroundings. This 3-bedroom, 1.5-bath home features a bright open-concept layout with a stylish kitchen complete with granite countertops and stainless steel appliances, flowing seamlessly into the main living and dining areas, ideal for everyday living and entertaining.
Upstairs, you'll find spacious bedrooms along with a finished bonus room over the attached two-car garage, perfect for a home office, gym, or additional living space. The partially finished basement provides even more flexibility for future expansion.
Step outside to enjoy a large backyard with a basketball hoop already in place and plenty of open space to relax, play, or expand. A shed adds additional storage, and the property also includes a paved driveway. Conveniently located less than 2 miles from the Maine Turnpike, this home offers an easy commute while maintaining a quiet, private setting.
A great opportunity to own a newer home with acreage and versatile space in a desirable Gray location.
Closed
$625,000
38 Freds Way, Gray, ME 04039
3beds
2,122sqft
Single Family Residence
Built in 2021
1.95 Acres Lot
$625,100 Zestimate®
$295/sqft
$3,606 Estimated rent
Home value
$625,100
$594,000 - $656,000
$3,606/mo
Zestimate® history
Owner options
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$3,653/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Maine Real Estate Co
Bought with:
Maine Real Estate Co
Source: Maine Listings,MLS#: 1656858
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Level: Second
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Bonus room
- Level: Second
Dining room
- Level: First
Exercise room
- Level: Basement
Kitchen
- Level: First
Living room
- Level: First
Office
- Level: Second
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
Features
- Storage, Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Basement: Bulkhead,Interior Entry,Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 2,122
- Total interior livable area: 2,122 sqft
- Finished area above ground: 1,872
- Finished area below ground: 250
Property
Parking
- Total spaces: 2
- Parking features: Paved, 1 - 4 Spaces
- Garage spaces: 2
Features
- Patio & porch: Porch
- Has spa: Yes
Lot
- Size: 1.95 Acres
- Features: Near Turnpike/Interstate, Level
Details
- Parcel number: GRAYM042B018L018005
- Zoning: res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Shingle
Condition
- Year built: 2021
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Private
Community & neighborhood
Location
- Region: Gray
- Subdivision: Informal agreement
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $500 annually
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Sold | $625,000$295/sqft |
Source:  Maine Listings #1656858 Report a problem | ||
| 4/7/2026 | Pending sale | $625,000+4.3%$295/sqft |
Source: Maine Listings #1656858 Report a problem | ||
| 8/15/2025 | Listing removed | $599,000$282/sqft |
Source: Maine Listings #1628947 Report a problem | ||
| 8/6/2025 | Price change | $599,000-1.3%$282/sqft |
Source: Maine Listings #1628947 Report a problem | ||
| 7/17/2025 | Price change | $607,000-2.9%$286/sqft |
Source: Maine Listings #1628947 Report a problem | ||
| 7/2/2025 | Listed for sale | $625,000$295/sqft |
Source: Maine Listings #1628947 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,683 +9.2% | $482,800 +70.8% |
| 2023 | $4,290 +8.8% | $282,600 |
| 2022 | $3,942 +764.5% | $282,600 +814.6% |
| 2020 | $456 | $30,900 |
| 2019 | $456 | $30,900 |
Find assessor info on the county website
Neighborhood: 04039
Nearby schools
GreatSchools rating
- 5/10Gray-New Gloucester Middle SchoolGrades: 5-8Distance: 1.6 mi
- 5/10Gray-New Gloucester High SchoolGrades: 9-12Distance: 1.8 mi
- NARussell SchoolGrades: K-2Distance: 1.7 mi
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$625,100
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+$12,502
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$637,602
- Maine
- Cumberland County
- Gray
- 04039
- 38 Freds Way
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