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About This Home
This 7-bedroom, 0-bathroom single family at 1 & 9 Franklin Terrace in South Portland, ME is listed for $3,900,000 ($907 per sqft). Built in 1990, the home offers 4,300 sqft of living space on a 0.55 acres lot.
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
Key Features
- Built in 1990
- 0.55 acre lot
- Fireplace
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$20,858/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1 & 9 Franklin Terrace
South Portland, ME 04106
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 7-bedroom, 0-bathroom single family at 1 & 9 Franklin Terrace is listed at $3,900,000 ($907/sqft). The estimated monthly payment is $16,900 based on 20% down at 6.5% interest.
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 and can be reached at 2078315238 or Anne@FOBailey.com.


















































