Opportunity awaits at 533 Main Street in Damariscotta! This 2-bedroom, 1.5-bath home sits on a spacious lot and is ready for rehabilitation. Featuring original hardwood floors and solid structure, it offers great potential for restoration or investment.
Nestled within walking distance to downtown shops, eateries, the beloved Skidompha Public Library, and riverfront trails, this parcel is part of Damariscotta's historic district—a town renowned for its tranquil coastal lifestyle, heritage architecture, and vibrant community. Just minutes from Newcastle via the iconic Main Street Bridge, and within easy driving distance to Portland and Mid-Coast Maine attractions.
The property directly borders the YMCA and Great Salt Bay Community School, and is located just 0.4 miles from local grocery, gas, and other in-town conveniences. A rare chance to own in one of Midcoast Maine's most desirable towns—bring your vision and make it your own!
Damariscotta (population ~2,300) is celebrated as New England's oyster capital, forming the picturesque ''Twin Villages'' with neighboring Newcastle across the river
Closed
$220,000
533 Main Street, Damariscotta, ME 04543
2beds
972sqft
Single Family Residence
Built in 1955
0.52 Acres Lot
$330,400 Zestimate®
$226/sqft
$1,980 Estimated rent
Home value
$330,400
$297,000 - $367,000
$1,980/mo
Zestimate® history
Owner options
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$1,980/mo
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$1,980/mo
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$1,101/mo
Est. payment
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$1,101/mo
Est. payment
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List your homeWhat's special
Spacious lotSolid structureOriginal hardwood floorsRiverfront trails
Zillow last checked:
Listing updated:
Listed by:
Rizzo Mattson 207-622-9000
Bought with:
Century 21 North East
Source: Maine Listings,MLS#: 1632242
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Baseboard, Direct Vent Heater, Hot Water
Cooling
- None
Appliances
- Included: Electric Range, Refrigerator
Features
- 1st Floor Primary Bedroom w/Bath
- Flooring: Vinyl, Hardwood
- Windows: Double Pane Windows
- Basement: Interior Entry,Full,Brick/Mortar
- Has fireplace: No
Interior area
- Total structure area: 972
- Total interior livable area: 972 sqft
- Finished area above ground: 972
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Gravel, 1 - 4 Spaces, On Site
- Garage spaces: 1
Accessibility
- Accessibility features: 32 - 36 Inch Doors
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.52 Acres
- Features: Business District, Near Town, Open Lot
Details
- Parcel number: DAMAM003L012002
- Zoning: RR
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Raised Ranch
- Property subtype: Single Family Residence
Materials
- Wood Frame, Clapboard, Composition
- Roof: Shingle
Condition
- Year built: 1955
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Thermostat
Community & HOA
Location
- Region: Damariscotta
Financial & listing details
- Price per square foot: $226/sqft
- Tax assessed value: $157,100
- Annual tax amount: $2,906
- Date on market: 7/29/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2025 | Sold | $220,000-20%$226/sqft |
Source:  Maine Listings #1632242 Report a problem | ||
| 9/15/2025 | Contingent | $275,000$283/sqft |
Source: Maine Listings #1632242 Report a problem | ||
| 9/2/2025 | Price change | $275,000-4.8%$283/sqft |
Source: Maine Listings #1632242 Report a problem | ||
| 7/29/2025 | Listed for sale | $289,000$297/sqft |
Source: Maine Listings #1632242 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,906 +18.2% | $157,100 |
| 2023 | $2,459 +12.6% | $157,100 +19.7% |
| 2022 | $2,184 +4.7% | $131,200 |
| 2021 | $2,086 | $131,200 |
| 2020 | $2,086 -1.2% | $131,200 |
| 2019 | $2,112 -1.3% | $131,200 |
| 2018 | $2,139 -3.1% | $131,200 |
| 2017 | $2,208 -2.3% | $131,200 |
| 2016 | $2,259 +0.9% | $131,200 |
| 2015 | $2,238 +8% | $131,200 |
| 2014 | $2,073 +4.6% | $131,200 |
| 2013 | $1,981 +8.3% | $131,200 |
| 2011 | $1,830 +25.3% | $131,200 +15.9% |
| 2008 | $1,460 | $113,200 |
Find assessor info on the county website
Neighborhood: 04543
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Nearby schools
GreatSchools rating
- 8/10Great Salt Bay Community SchoolGrades: PK-8Distance: 0.1 mi
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- Maine
- Lincoln County
- Damariscotta
- 04543
- 533 Main Street
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