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12 Grays Lane, 
Old Town, ME 04468

$229,900

3

Beds

1

Bath

1,404

Sq Ft

Single Family

Active

Better Homes & Gardens Real Estate/The Masiello Group

Last updated:

July 14, 2026, 10:54 AM

MLS#

1668572

Source:

ME MREIS

About This Home

12 Grays Lane

Looking for an affordable investment opportunity just minutes from the University of Maine? This updated 3-bedroom, 1-bath home is perfectly positioned for student housing, rental income, or owner-occupancy. Each of the three bedrooms features it's own lock and key, offering privacy and flexibility for tenants. Recent improvements include fresh paint and new flooring throughout the entire home, and brand-new front and rear decks, creating inviting outdoor spaces for relaxing or entertaining. What's more, this listing includes 11 Grays Lane, the vacant lot across the road the perfect location for a garage! Conveniently located near the university, shopping, dining, and local amenities, this move-in-ready property offers excellent potential for investors and homeowners alike. Call today for a showing! Seller will consider selling 12 Grays Lane without the lot across the road.

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1942

Price Summary

229,900

$163 per Sq. Ft.

MLS #:

1668572

Last Updated:

July 14, 2026, 10:54 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Structure

Structure

Architectural Style:

Cape Cod, Colonial

Building Area:

1,404 Sq. Ft.

Year Built:

1942

Lot

Lot Size (Sq. Ft):

2,613

Finances & Disclosures

Finances

Price:

$229,900

Price per Sq. Ft:

$163 per Sq. Ft.

MLS Logo
MREIS Multiple Listing Service™ systemListing 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.