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1 & 9 Franklin Terrace, 
South Portland, ME 04106

$4,995,000


7

Beds


5

Baths


4,300

Sq Ft


Single Family

Active

Listed by

Anne Ross-Murray

F.O. Bailey Real Estate

Last updated:

June 5, 2025, 03:05 PM

MLS#

1624824

Source:

ME MREIS

About This Home

1 & 9 Franklin Terrace

Willard Beachfront Estate with Panoramic Ocean Views. Welcome to this rare beachfront gem located in South Portland's highly desirable Willard Beach neighborhood. This property offers a luxurious coastal lifestyle with two distinct homes—a fully remodeled four+ bedroom main residence and a charming three-bedroom guest house—making it ideal for multigenerational living, rental income, or a private retreat. The main home was completely remodeled in the spring of 2022 and is designed to capture the beauty of the ocean from nearly every angle. The primary bedroom suite offers a serene escape with its own sitting area, an electric fireplace, ensuite bath, and a hidden office tucked discreetly behind the scenes—all showcasing sweeping views of the beach and Casco Bay. The open-concept kitchen, living room, and dining area are anchored by a dramatic gas fireplace and feature unobstructed views of the islands, Spring Point Lighthouse, and passing cruise ships. You'll fall asleep to the soft sounds of the ocean and on cloudy days be gently hypnotized by the moody foghorn. Upstairs, a bonus room over the garage provides flexible space for a gym, or creative studio. Also on the second floor is a partial kitchen with sitting area—ideal for guests or entertaining. The main level includes a wrap-around deck for indoor-outdoor living. A two-car heated garage, whole-house generator, radiant heat on the first floor, and efficient heat pumps throughout ensure year-round comfort. Included in the offering is a smaller, separate home featuring three bedrooms, a bath and 1/2 . With hardwood floors and a woodstove. This unique beachfront home is located within walking distance of SMCC, the Greenbelt Trail, Spring Point Marina, local shopping and dining favorites. Whether you're seeking a peaceful seaside residence or a property with exceptional potential. See the survey may support additional lot(s). A one-of-a-kind opportunity on the Maine coast. Broker owned.

Home Facts

Single Family

5 Baths

7 Bedrooms

Built in 1990

Price Summary

4,995,000

$1,161 per Sq. Ft.

MLS #:

1624824

Last Updated:

June 5, 2025, 03:05 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

4

Interior

Living Area:

4,300 Sq. Ft.


Structure

Structure

Architectural Style:

Bungalow

Building Area:

4,300 Sq. Ft.

Year Built:

1990


Lot

Lot Size (Sq. Ft):

23,958


Finances & Disclosures

Finances

Price:

$4,995,000

Price per Sq. Ft:

$1,161 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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