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147 N Main Street, Monmouth, ME
Welcome to 147 N Main Street--where historic charm, modern updates, and income potential come together in one unique waterfront opportunity. Originally built in 1860 and thoughtfully expanded, this beautiful 3-bedroom, 2-bath home was fully renovated four years ago to blend comfort, efficiency, and style. The open-concept layout features a bright, modern kitchen flowing seamlessly into the living and dining areas--ideal for entertaining guests or everyday living. Wood and tile flooring add warmth and durability, while five heat pumps provide energy-efficient climate control year-round. Designed for easy one-floor living, the home offers a spacious primary suite complete with a walk-in closet and private bath, along with ample storage throughout. Double-pane windows enhance energy efficiency, and the full basement with sump pump provides valuable additional space. What truly sets this property apart is its proven short-term rental performance. Several rooms have been rented through Airbnb, and financial records are available upon request. The layout supports flexible living arrangements, making it well-suited for owner-occupants looking to offset their mortgage or investors seeking a room-by-room rental strategy. Outside, enjoy 75 feet of tranquil Mill Pond water frontage--perfect for kayaking, wildlife watching, and peaceful waterfront views. The expansive, freshly repainted deck overlooks multiple fenced-in areas ideal for pets, gardening, or guest enjoyment. A detached garage with automatic door opener and overhead storage adds convenience and functionality. Located near North Monmouth public beach, lakes, schools, and Monmouth's charming town center with convenient access to Augusta and Lewiston. Whether you're looking for a move-in-ready home with supplemental income or a fully operational short-term rental opportunity, 147 N Main Street offers flexibility, efficiency, and waterfront lifestyle in one compelling package. Schedule your private sh

This 1860 Farmhouse, thoughtfully expanded and renovated four years prior, presents a compelling blend of historic character and contemporary functionality, situated on 75 feet of tranquil Mill Pond waterfront. The exterior, captured in numerous photos, features classic gray siding and a traditional gabled roofline, complemented by white trim and well-maintained landscaping. A charming covered front porch with a dark railing and hanging plants offers a welcoming entry, while mature trees provide shade. The property’s average condition rating of 3.4/5, as indicated by photo analysis, reflects a well-kept residence that has benefited from recent updates. Inside, the house offers a bright, open-concept layout designed for modern living and one-floor convenience. The kitchen, central to the main living space, showcases white shaker-style cabinets, wood countertops, and stainless steel appliances. Hardwood flooring, visible throughout the primary living areas, adds warmth, while light blue walls and flush-mount lighting contribute to a clean aesthetic. The house includes three bedrooms and two bathrooms, with the primary suite featuring a walk-in closet and private bath. Five heat pumps ensure energy-efficient climate control, and double-pane windows further enhance efficiency. The full basement, equipped with a sump pump, provides practical additional space. Beyond the interior, the property’s outdoor spaces are a significant asset. An expansive, freshly repainted deck overlooks multiple fenced-in areas, ideal for pets or gardening, and offers views of Mill Pond. The detached garage provides convenient parking with an automatic door opener and overhead storage. The gravel driveway and well-maintained front lawn contribute to the property’s curb appeal. Positioned near North Monmouth public beach, local lakes, schools, and Monmouth’s town center, with easy access to Augusta and Lewiston, this house offers both a serene waterfront lifestyle and practical connectivity. Priced at 97% of the city median for all property types and notably below the median for houses in Monmouth, this property represents a distinct value proposition, particularly given its proven short-term rental performance and flexible living arrangements. The combination of its waterfront setting and income-generating potential makes it a property worth exploring further.
Property Type
Single Family
Style
Farmhouse
Year Built
1860
Lot Size
14,374 sqft
Price / Sqft
$225
Days on Market
252 days
Full Baths
1
Half Baths
1
Subdivision
none
MLS #
20250728151129343733000000
Listing Type
Residential
Market
MREIS
147 N Main Street, Monmouth, ME 04265 — Kennebec County
Holly Brown
EXP Realty

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How this home compares across city, state, and national benchmarks
Listed at $385,000, this 3-bed house in Monmouth. Compared to 8 other 3-bed homes in Monmouth (averaging $605,988), this property is 36% below average. Maine's median home value is $241,756, putting this listing 59% above the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 17 homes for sale
Standout Features
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data