# 1 & 9 Franklin Terrace, South Portland, ME 04106

> **TL;DR:** 7bd/0ba single family, $3,900,000 ($907/sqft), built 1990, 4,300 sqft.
> Fireplace, Waterfront, A/C. Est. $16,900/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,900,000 |
| Price/sqft | $907 |
| Bedrooms | 7 |
| Square Feet | 4,300 |
| Year Built | 1990 |
| Lot Size | 23,958 sqft (0.55 acres) |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 0 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $16,900 |
| **Total** | **$16,900** |

## Key Amenities

- Fireplace
- Waterfront
- A/C

## Property Highlights

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

## Description

### Agent Description
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

## Location

- **Address:** 1 & 9 Franklin Terrace, South Portland, ME 04106
- **County:** Cumberland
- **Coordinates:** 43.642159, -70.228058
- **Google Maps:** https://www.google.com/maps?q=43.642159,-70.228058

## Listing Agent

- **Name:** Anne Ross-Murray
- **Brokerage:** F.O. Bailey Real Estate
- **Phone:** 2078315238
- **Email:** Anne@FOBailey.com

## Primary Photo

![1 & 9 Franklin Terrace - Primary Photo](http://lh.rdcpix.com/de1d5ebb58ec7459c322cb2085b5062dl-f2017587704r.jpg)

*51 total photos available on [listing page](https://www.propertysimple.com/listing/1-9-franklin-terrace-south-portland-me-04106-1624824)*

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**MLS#:** 1624824 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1-9-franklin-terrace-south-portland-me-04106-1624824)

---

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