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  • $550,000

    549 Main Street, Monmouth, ME 04259

    6beds
    4,340sqft
    Multi Family
    Built in 1905
    -- sqft lot
    $558,100 Zestimate®
    $127/sqft
    $1,922 Estimated rent

    Home value

    $558,100

    $424,000 - $737,000

    $1,922/mo

    Zestimate® history
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    What's special

    Serene surroundingsPrivate entrySprawling yardPrivate in-law suiteModern amenitiesScenic landCozy living spaces
    Nestled on 7.8 acres of scenic land, this unique two-unit property offers both income potential and plenty of space for your personal enjoyment. Located in the heart of Monmouth, ME, it includes a successful Airbnb-ready 4-bedroom, 3-bathroom home, a cozy 2-bedroom, 1.5-bathroom unit, an old cider barn full of character, and private access to the tranquil Cochnewagon Lake just across the railroad tracks. The spacious 4-bedroom, 3-bathroom unit has been a consistently successful Airbnb, making it an ideal investment opportunity or a perfect space for large families. With its bright, open layout, the home features modern amenities while retaining classic New England charm. Expansive living areas, a fully equipped kitchen, and cozy bedrooms provide guests with a comfortable, memorable stay. The property's sprawling yard and serene surroundings further elevate the guest experience, offering them a true escape.The second unit is a 2-bedroom, 1.5-bathroom home that was rented to a family friend under market value, offering potential for a new tenant at full market rate or a private in-law suite. This unit is perfect for multigenerational living or additional rental income. With a spacious kitchen, cozy living spaces, and a private entry, this unit provides both comfort and privacy. A unique feature of this property is the charming old cider barn, full of rustic character and ready for transformation. Whether you're looking for additional storage, a workshop, or a space to create your own studio, this historic structure adds character and versatility to the property.Enjoy the serenity and beauty of Cochnewagon Lake just a short walk away across the railroad tracks. Whether you're into boating, fishing, or simply enjoying nature, this access provides a special touch to this already incredible property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Summit Real Estate

    Bought with:

    Real Broker

    Source: Maine Listings,MLS#: 1612072MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Forced Air, Heat Pump, Hot Water, Zoned
    Cooling
    • None
    Features
    • Attic, Bathtub, In-Law Floorplan, Shower, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
    • Flooring: Carpet, Tile, Vinyl, Wood
    • Basement: Interior Entry,Full,Unfinished
    Interior area
    • Total structure area: 4,340
    • Total interior livable area: 4,340 sqft
    • Finished area above ground: 4,340
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Paved, 11 - 20 Spaces, On Site, Off Street
    • Attached garage spaces: 4
    Features
    • Patio & porch: Deck, Porch
    • Body of water: Cochnewagon
    Lot
    • Size: 7.90 Acres
    • Features: Rural, Level, Pasture
    Details
    • Additional structures: Outbuilding, Shed(s), Barn(s)
    • Parcel number: MONMM16L28
    • Zoning: RES
    • Other equipment: Cable, Internet Access Available

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Farmhouse
    • Property subtype: Multi Family
    Materials
    • Other, Wood Frame, Aluminum Siding, Clapboard, Shingle Siding
    • Foundation: Granite, Brick/Mortar
    • Roof: Metal,Shingle
    Condition
    • Year built: 1905

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Monmouth

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/21/2025Sold$550,000-4.3%$127/sqft
    Source: Maine Listings #1612072 Report a problem
    4/2/2025Pending sale$575,000$132/sqft
    Source: Maine Listings #1612072 Report a problem
    3/14/2025Listed for sale$575,000$132/sqft
    Source: Maine Listings #1612072 Report a problem
    3/12/2025Contingent$575,000$132/sqft
    Source: Maine Listings #1612072 Report a problem
    2/13/2025Price change$575,000-3.4%$132/sqft
    Source: Maine Listings #1612072 Report a problem
    1/6/2025Listed for sale$595,000+135.2%$137/sqft
    Source: Maine Listings #1612072 Report a problem
    12/5/2019Sold$253,000+1.2%$58/sqft
    Source: Maine Listings #1433974 Report a problem
    9/23/2019Listed for sale$250,000+28.2%$58/sqft
    Source: Tim Dunham Realty #1433941 Report a problem
    8/4/2013Listing removed$195,000$45/sqft
    Source: RE/MAX CAPITAL #1082997 Report a problem
    7/24/2013Listed for sale$195,000-22%$45/sqft
    Source: RE/MAX CAPITAL #1082997 Report a problem
    7/24/2012Listing removed$249,900$58/sqft
    Source: Sprague and Curtis Real Estate #1013346 Report a problem
    2/7/2012Price change$249,900-10.4%$58/sqft
    Source: Sprague and Curtis Real Estate #1013346 Report a problem
    2/1/2012Listed for sale$279,000-7%$64/sqft
    Source: Sprague and Curtis Real Estate #1013346 Report a problem
    11/15/2011Listing removed$299,900$69/sqft
    Source: Sprague and Curtis Real Estate #1013346 Report a problem
    6/11/2011Price change$299,900-4.6%$69/sqft
    Source: Sprague and Curtis Real Estate #1013346 Report a problem
    5/15/2011Listed for sale$314,500$72/sqft
    Source: Sprague and Curtis Real Estate #1013346 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,182 +13%$253,400
    2023$4,587 +6.7%$253,400 +15%
    2022$4,298 +7.4%$220,400
    2021$4,000 $220,400
    2020$4,000 +3.4%$220,400
    2018$3,868 -35.1%$220,400 -35.1%
    2017$5,962 -1.2%$339,700 -6.9%
    2016$6,036 +6.1%$364,700
    2015$5,689 +7.2%$364,700
    2013$5,306 +9.4%$364,700
    2012$4,851 $364,700
    2010-- $364,700 +76.4%
    2005$4,961 $206,700

    Find assessor info on the county website

    Neighborhood: 04259

    Nearby schools

    GreatSchools rating
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    $558,100
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    $569,262