About This Home

This 7-bedroom, 5-bathroom single family at 1 & 9 Franklin Terrace in South Portland, ME is listed for $3,300,000 ($767 per sqft). Built in 1990, the home offers 4,300 sqft of living space on a 0.55 acres lot.

Key Features

  • Built in 1990
  • 0.55 acre lot
  • Fireplace
  • Waterfront

Property Details

5 full
2-car garage
1990

Amenities

FireplaceWaterfrontA/C
Listing Description

An exceptional and increasingly rare offering in South Portland's coveted Willard Beach neighborhood Two homes 1 Franklin recently remodeled- 4+bedrooms, 3 full baths. 9 Franklin in need of some TLC, 3 bedrooms 2 baths. Now presenting potential for a 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

Monthly Cost Estimate

$17,649/mo

20% down · 6.5% · 30 years

Principal$2,387
Interest$14,300
Insurance$963

Estimates only. Actual payments may vary.

Location

1 & 9 Franklin Terrace

South Portland, ME 04106

Features & Amenities

Interior Features

In-Law ApartmentWalk-in Closets1st Floor BedroomAtticBathtubPantryShowerStoragePrimary Bedroom w/Bath

Property Details

Flooring

VinylTileLaminateWood

Construction

Wood Frame Composition Vinyl Siding

Outdoor Features

Deck

Parking

HeatedOpen

Heating

Natural GasRadiantWoodElectric (Heating)Other (Heating)BaseboardHeat Pump (Heating)Hot Water(Heating)Wood Stove

Cooling

Heat PumpWindow Unit(s)Wall/Window Unit(s)

Questions & Answers

This 7-bedroom, 5-bathroom single family at 1 & 9 Franklin Terrace is listed at $3,300,000 ($767/sqft). The estimated monthly payment is $17,650 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1990, 0.55 acre lot, Fireplace, Waterfront. Interior Features: In-Law Apartment, Walk-in Closets, 1st Floor Bedroom.

This property is listed by Anne Ross-Murray.

AR

Anne Ross-Murray

Agent at F.O. Bailey Real Estate

Listed by F.O. Bailey Real Estate · Broker phone: (207) 781-1111 · View on Broker Site · Broker website

MLS# 1624824· Source: Maine Listings· 5 days on PropertySimple

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1 & 9 Franklin Terrace, South Portland, ME 04106

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