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    • Price cut: $24K (6/14)
    $375,000

    408 Gray Road, Falmouth, ME 04105

    3beds
    1,014sqft
    : 
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    Single Family Residence
    Built in 1948
    0.71 Acres Lot
    $-- Zestimate®
    $370/sqft
    $-- HOA

    What's special

    INVESTORS take notice, AMAZING opportunity to rehab or built new. The 2 upstairs bedrooms have very low ceilings & the living room ceiling has a bigger hole and leaks water with heavy rains and strong winds. The property has a great location (roughly 1/2 mile to Falmouth Landtrust Trails) for the outdoor enthusiasts for hiking, running and fishing, close access to the Piscataqua River which is stocked with Brown & Brook Trout. Great location for a commercial business as well. The property has an existing well & septic and just boasts with great opportunities to make it your own.
    65 days
    |
    1,493
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    4 Maine Realty

    Source: Maine Listings,MLS#: 1657896MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: First
      Bedroom 1
      • Level: Second
      Bedroom 2
      • Level: Second
      Bedroom 3
      • Level: Second
      Dining room
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Microwave, Gas Range, Refrigerator
      Features
      • 1st Floor Bedroom, Bathtub, One-Floor Living
      • Flooring: Vinyl
      • Windows: Double Pane Windows
      • Basement: Bulkhead,Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,014
      • Total interior livable area: 1,014 sqft
      • Finished area above ground: 1,014
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Gravel, 5 - 10 Spaces, On Site
      • Attached garage spaces: 1
      Lot
      • Size: 0.71 Acres
      • Features: City Lot, Near Turnpike/Interstate, Corner Lot, Open Lot
      Details
      • Parcel number: FMTHMR06B077
      • Zoning: F

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Aluminum Siding
      • Foundation: Poured Concrete
      • Roof: Shingle
      Condition
      • Year built: 1948

      Utilities & green energy

      • Electric: On Site, Circuit Breakers
      • Sewer: Private Sewer
      • Water: Private, Well

      Community & HOA

      Location
      • Region: Falmouth

      Financial & listing details

      • Price per square foot: $370/sqft
      • Tax assessed value: $275,200
      • Annual tax amount: $3,803
      • Date on market: 4/15/2026
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/14/2026Price change$375,000-6%$370/sqft
        Source: Maine Listings #1657896 Report a problem
        5/22/2026Price change$399,000-11.3%$393/sqft
        Source: Maine Listings #1657896 Report a problem
        5/1/2026Price change$450,000-5.3%$444/sqft
        Source: Maine Listings #1657896 Report a problem
        4/29/2026Listed for sale$475,000$468/sqft
        Source: Maine Listings #1657896 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,682 +6.1%$275,200 +0.2%
        2023$3,471 +6%$274,600
        2022$3,273 +16.8%$274,600 +67%
        2020$2,803 +22.4%$164,400 +4.5%
        2019$2,290 -11.6%$157,300
        2018$2,591 +5.5%$157,300
        2017$2,457 +3.5%$157,300
        2016$2,374 +3.2%$157,300
        2015$2,301 +10.8%$157,300
        2014$2,077 -1.7%$157,300
        2012$2,113 +4%$157,300
        2011$2,032 +4.6%$157,300
        2009$1,943 $157,300
        2008$1,943 $157,300

        Find assessor info on the county website

        Monthly payment

        Est. payment

          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.
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          Climate risks

          Neighborhood: 04105

          Getting around

          0 / 100
          Car-Dependent
          27 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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