$ 3,900,000
-
$3,900,000
Price -
7
Bed -
4.5
Bath -
4,300
SqFt
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About the Listing 2872 - 001960
An exceptional and increasingly rare offering in South Portland's coveted Willard Beach neighborhood — now presenting potential for a 12+-unit condominium development (subject to approvals), or an extraordinary multi-generational family compound directly on the beach. Set on a premier waterfront site with sweeping views of Spring Point Ledge Lighthouse, Casco Bay, and the islands, this unique property includes two residences positioned to capture the beauty and energy of Maine's coastline from multiple perspectives. The larger home, recently remodeled, offers four to five bedrooms and expansive living spaces designed to maximize ocean views and natural light. Wake to sunrises over Casco Bay, watch working boats pass through the harbor, and experience true waterfront living from nearly every vantage point. The second residence enjoys its own distinct outlook across the ocean, creating flexibility for guest accommodations, rental income, or extended family living. If utilized as a private compound, there is also potential for an additional buildable lot located in front of the smaller residence, creating the rare opportunity for three separate living spaces — the primary home, guest residence, and an additional homesite (subject to approvals). Broker Owned
Listing Highlights
Status
Active
Days on Site
259
Property Type
Residential
MLS ®
1624824
Year Built
1990
Total Square Footage
4,300
Lot/Acreage
0.55
County
Cumberland
Interior Details
- Bedrooms: 7
- Bathrooms: 4 Full / 1 Half
- Appliances: Tankless Water Heater, Washer, Refrigerator, Microwave, Gas Range, Electric Range, Dryer, Disposal, Dishwasher
- Air Cond: Wall/Window Unit(s),Heat Pump
- Heating: Wood Stove,Radiant,Hot Water,Heat Pump,Baseboard
- Fireplaces: 2
- Floor:
- Above Ground Sq Ft: 4300
- Below Ground Sq Ft: 0
- Basement: Interior,Sump Pump,Unfinished
- Other: In-Law Apartment,Walk-in Closets,1st Floor Bedroom,Attic,Bathtub,One-Floor Living,Pantry,Shower,Storage,Primary Bedroom w/Bath
- Water: Public
Exterior Details
- Lot Description: Well Landscaped,Level,Near Public Beach,Near Shopping,Near Town,Neighborhood,Irrigation System
- Garage Capacity: 2 car
- Zoning: A
- Roof: Fiberglass,Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Heated,Auto Door Opener,1 - 4 Spaces,5 - 10 Spaces,Paved,On Site,Inside Entrance
Financial Details
- Tax Amount: $36,796
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
1 & 9 Franklin Terrace South Portland, ME 04106
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