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    • Price cut: $40K (7/13)
    $259,999

    61 Elm Street, Newport, ME 04953

    4beds
    2,297sqft
    : 
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    Single Family Residence
    Built in 1800
    0.26 Acres Lot
    $-- Zestimate®
    $113/sqft
    $-- HOA

    What's special

    Four-bay commercial garageMetal roofDedicated office space
    NEWLY LISTED with expanded commercial opportunity and income potential in the heart of Newport! This unique property now includes a four-bay commercial garage with dedicated office space, creating an exceptional setup for contractors, small business owners, storage needs, hobby space, or investment potential. The four-bay garage measures approximately 24x42 and is paired with a 12x24 office area, offering a rare opportunity to live, work, and generate income all from one property. Combined with the in-law apartment above the barn, this property offers excellent potential for rental income, business use, or multi-generational living. This well-maintained property features an updated kitchen with modern finishes, comfortable living areas, a metal roof, and a spacious back deck overlooking the river. The in-law apartment above the barn provides added flexibility for guests, extended family, or additional income opportunities. Favorable commercial zoning further enhances the versatility of the property while its central in-town location offers convenient access to local amenities, shopping, restaurants, and easy interstate travel to both Bangor and Augusta. A unique combination of residential comfort and commercial flexibility, this property offers endless potential for a wide variety of needs.
    65 days
    |
    494
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    NextHome Experience

    Source: Maine Listings,MLS#: 1661726MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Bedroom 1
      • Level: First
      Bedroom 2
      • Level: First
      Bedroom 3
      • Level: First
      Other
      • Features: Above Garage, Eat-in Kitchen, Full Bath, Heated
      • Level: Second
      Kitchen
      • Level: First
      Living room
      • Level: First
      Sunroom
      • Level: First
      Heating
      • Baseboard, Direct Vent Heater, Heat Pump, Hot Water
      Cooling
      • Heat Pump
      Features
      • Flooring: Carpet, Laminate, Vinyl, Linoleum
      • Basement: Interior Entry,Full,Unfinished
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,297
      • Total interior livable area: 2,297 sqft
      • Finished area above ground: 2,297
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Paved, 1 - 4 Spaces, Detached
      Features
      • On waterfront: Yes
      • Body of water: Sebasticook
      • Frontage length: Waterfrontage: 40,Waterfrontage Owned: 40
      Lot
      • Size: 0.26 Acres
      • Features: Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Open Lot
      Details
      • Additional structures: Barn(s)
      • Parcel number: NEPTM015L041
      • Zoning: RES/COMMERCIAL

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame, Vinyl Siding
      • Roof: Metal
      Condition
      • Year built: 1800

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Newport

      Financial & listing details

      • Price per square foot: $113/sqft
      • Tax assessed value: $197,300
      • Annual tax amount: $3,453
      • Date on market: 5/12/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,348/mo

        Price history

        DateEventPrice
        7/13/2026Price change$259,999-13.3%$113/sqft
        Source: Maine Listings #1661726 Report a problem
        6/6/2026Price change$299,999-14%$131/sqft
        Source: Maine Listings #1661726 Report a problem
        5/12/2026Listed for sale$349,000+46%$152/sqft
        Source: Maine Listings #1661726 Report a problem
        5/4/2026Listing removed$239,000$104/sqft
        Source: Maine Listings #1649631 Report a problem
        4/27/2026Listed for sale$239,000$104/sqft
        Source: Maine Listings #1649631 Report a problem
        4/9/2026Pending sale$239,000$104/sqft
        Source: Maine Listings #1649631 Report a problem
        3/23/2026Price change$239,000-8%$104/sqft
        Source: Maine Listings #1649631 Report a problem
        2/27/2026Price change$259,900-3.7%$113/sqft
        Source: Maine Listings #1649631 Report a problem
        1/18/2026Listed for sale$269,900$118/sqft
        Source: Maine Listings #1649631 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,453 +14.8%$197,300 +6.9%
        2023$3,007 +5.2%$184,500 +26.5%
        2022$2,858 -0.4%$145,800 +4.7%
        2021$2,870 +1.9%$139,300 +1.9%
        2020$2,816 +2.5%$136,700 +6%
        2019$2,748 +11.8%$129,000 +11.8%
        2018$2,458 +6.5%$115,400
        2017$2,308 +3.1%$115,400
        2016$2,239 +8.4%$115,400
        2015$2,066 +3.7%$115,400 -0.3%
        2014$1,992 +5.5%$115,800 -0.7%
        2013$1,889 +6.2%$116,600 -0.3%
        2012$1,778 $117,000 +10.3%
        2009-- $106,100 +62.7%
        2006-- $65,200
        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: 04953

        Getting around

        28 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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