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38 Academy Hill Road, 
Newcastle, ME 04553

$739,000


4

Beds


3

Baths


3,060

Sq Ft


Single Family

Active

Listed by

Randall Miller

Charles Richardson

Legacy Properties Sotheby'S International Realty

Last updated:

June 9, 2025, 09:48 PM

MLS#

1625926

Source:

ME MREIS

About This Home

38 Academy Hill Road

Versatile Live/Work Property in Prime Newcastle Location. An exceptional opportunity to live and work just steps from downtown Newcastle and Damariscotta's vibrant shops, restaurants, and waterfront. This unique two-building property offers flexibility, income potential, and convenience in one of Midcoast Maine's most desirable locations. The property includes a separate 2-bedroom, 1-bath manufactured home, ideal for rental income or extended family, as well as a spacious 2-bedroom, 1-bath apartment located above a versatile 50' x 30' main building. The main building is built for business or hobby use, featuring: Radiant floor heating throughout Three large bays with sliding doors that can be used separately or together Ceiling-mounted 6,000 lb hoist for serious projects or commercial use Security camera system covering all areas With its flexible layout and prime location, this property is perfect for entrepreneurs, tradespeople, or investors seeking live/work convenience or multi-use rental options. Don't miss this rare chance to own a one-of-a-kind property in the heart of Newcastle. Also being listed as MLS # 1625927.

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 2015

Price Summary

739,000

$241 per Sq. Ft.

MLS #:

1625926

Last Updated:

June 9, 2025, 09:48 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

3,060 Sq. Ft.


Structure

Structure

Building Area:

3,060 Sq. Ft.

Year Built:

2015


Lot

Lot Size (Sq. Ft):

14,810


Finances & Disclosures

Finances

Price:

$739,000

Price per Sq. Ft:

$241 per Sq. Ft.

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MREIS Multiple Listing Service™ system Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved

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