Skip main navigation
Active
  • Price cut: $24K (2/14)
    $775,000

    295 Mills Road, Newcastle, ME 04553

    2beds
    1,892sqft
    : 
    Single Family Residence
    Built in 1970
    1.48 Acres Lot
    $737,000 Zestimate®
    $410/sqft
    $-- HOA

    What's special

    Wide-planked hardwood floorsPrivate dockOversized mud room
    295 Mills Rd is the beautifully maintained retreat you have been searching for that offers the perfect blend of modern comfort with coastal charm. Perfect for boaters and kayakers alike, the 1.48 acre lot has approximately 256 feet of waterfrontage on the Great Salt Bay. Launch your kayak or cast a line right from your private dock. Step inside from the oversized mud room, and you are greeted by an open concept living room and kitchen with ample space for entertaining. Notice the wide-planked hardwood floors that flow throughout the home, adding warmth and character. The gas fireplace in the living room is perfect for knocking out the chill on those cool fall and winter nights. Off the living room is sure to be the focal and gathering point of the home; the 4 season heated porch with panoramic views of the water. This oversized room can be used as a dining area and second living room. The two bedrooms each have their own access to the porch through sliding glass doors. The larger bedroom has a large walk-in closet with a washer and dryer. Two full bathrooms complete the upstairs space. The home's septic system is designed for three bedrooms, offering the potential to expand into the full walkout basement in the future. A brand new heating system was installed in December of 2024, along with updated ductwork to accommodate the new system. There is direct access into the home from the attached garage. 295 Mills Rd has a solid track record of short-term rental income and can be sold fully furnished, down to the last detail, including kitchen utensils. It's an excellent option for those seeking a turnkey property with the flexibility for short-term rentals, or to be used and enjoyed as a year round residence.
    52 days
    |
    1,515
    |
    62
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 04, 2026 at 12:57pm

    Listed by:

    Maine Real Estate Co

    Source: Maine Listings,MLS#: 1651870MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Bedroom 1
      • Level: First
      Bedroom 2
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Mud room
      • Level: First
      Sunroom
      • Level: First
      Heating
      • Forced Air
      Cooling
      • None
      Features
      • Flooring: Tile, Wood
      • Basement: Interior Entry
      • Number of fireplaces: 1
      • Furnished: Yes
      Interior area
      • Total structure area: 1,892
      • Total interior livable area: 1,892 sqft
      • Finished area above ground: 1,892
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage - Attached
      • Attached garage spaces: 3
      Features
      • Patio & porch: Deck, Glassed-in Porch
      • Has view: Yes
      • View description: Scenic
      • Body of water: Great Salt Bay
      • Frontage length: Waterfrontage: 256,Waterfrontage Owned: 256
      Lot
      • Size: 1.48 Acres
      Details
      • Parcel number: NEWCM007L044
      • Zoning: Shoreland

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Roof: Shingle
      Condition
      • Year built: 1970

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Private Sewer, Septic Tank
      • Water: Private, Well

      Community & HOA

      Location
      • Region: Newcastle

      Financial & listing details

      • Price per square foot: $410/sqft
      • Tax assessed value: $360,400
      • Annual tax amount: $6,605
      • Date on market: 2/14/2026

        Estimated market value

        $737,000

        $700,000 - $774,000

        $2,284/mo

        Price history

        Price history
        DateEventPrice
        2/14/2026Price change$775,000-3%$410/sqft
        Source: Maine Listings #1651870 Report a problem
        2/14/2026Listed for sale$799,000$422/sqft
        Source: Maine Listings #1638120 Report a problem
        1/15/2026Contingent$799,000$422/sqft
        Source: Maine Listings #1638120 Report a problem
        10/15/2025Price change$799,000-3.2%$422/sqft
        Source: Maine Listings #1638120 Report a problem
        9/19/2025Listed for sale$825,000+164%$436/sqft
        Source: Maine Listings #1638120 Report a problem
        7/17/2007Sold$312,500$165/sqft
        Source: Agent Provided Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$5,766 $360,400
        2023$5,766 +0.6%$360,400
        2022$5,730 +3.9%$360,400
        2021$5,514 $360,400
        2020$5,514 -1.4%$360,400 +15.4%
        2019$5,592 $312,400
        2018$5,592 -0.8%$312,400
        2017$5,639 $312,400
        2016$5,639 $312,400
        2015$5,639 +13.4%$312,400 -0.1%
        2013$4,974 +6.7%$312,800
        2012$4,661 +4.2%$312,800
        2011$4,473 $312,800

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $4,598/mo
        Principal & interest
        $3997
        Property taxes
        $601
        More affordability tools

          Climate risks

          Neighborhood: 04553

          Getting around

          4 / 100
          Car-Dependent
          29 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 04553

          Similar homes

          Skip to the end of the carouselSkip to the beginning of the carousel