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Sold on 12/11/2020
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516 Main Rd, Phippsburg, ME 04562

$693,850

Last sold 12/11/2020 for $190K

  • 2

    bed

  • 2

    bath

  • 2,694

    Sqft ($71/Sqft)

House not for sale

About 516 Main Rd

Property type House
Year built 1888
HOA fee $0/month
Lot size 10,019 Sqft
Movoto estimate
Property description
Since 1888 this historic landmark has been part of the Phippsburg community and known as the Dromore Grange. Over the past several years it has been lovingly restored and the last use was the seasonal Drummore Bay Concert Hall with private owners space on the 1st floor now being AirBnB space and on the 2nd level which currently is 1 huge open loft style living/bedroom/kitchen and bath that with a few walls could accommodate 4 bedrooms. Current offering includes many furnishings . With town approval, updates property could possibly also accommodate a 4 bdrm home, retail or gallery space, summer rental, small eatery...endless possibilities. Newer well, septic, updated wiring, landscaping and more. Handicapped accessible for 1st floor living, lovely yard and plenty of parking....lets not forget the miles and miles of public beaches just down the road!
Listed by
Listing Agent - Suzann Ater
Listing Office - RE/MAX Riverside
Source: MREIS mls logo
MLS#1450300 • last updated 6 months ago
Movoto checked MREIS for data 19 minutes ago
Overview
Heating Space Heater
Levels/Style New Englander
MLS # 1450300
Virtual Tour N/A
SqFt 2694
Status Closed
Lot Size (Acres) 0.23
Lot Size (Sqft) 10018.8
Property Tax 1444
Year Built 1888
Interior
Total # of Bathrooms 2
# Full Baths 1
# Half Baths 1
# Bedrooms 2
Total # of Rooms 4
Flooring Wood
Accessibility Features 32 - 36 Inch Doors, Level Entry, Accessible Approach With Ramp
Exterior
Roof Shingle
Patio/ Porch Porch
Amenities / Utilities
Water Source Public
Location
Zoning Commercial
$693K
Range: $624K-$763K
Last 30 days 
  • Dec 2020
    mls logo MLS # 1450300
  • Dec 11, 2020 Sold
    $190,000 (-17.0%)
  • Oct 18, 2020 Pending
  • Sep 19, 2020 Pending Continue To Show
  • Apr 25, 2020 Listed
    $229,000 (-4.5%)
  • Jan 2020
    mls logo MLS # 1423159
  • Jan 1, 2020 Expired
  • Jul 3, 2019 Listed
    $239,900 (-18.7%)
  • Jul 2019
    mls logo MLS # 1403503
  • Jul 9, 2019 Canceled
  • Feb 1, 2019 Listed
    $295,000
  • Jan 2019
    mls logo MLS # 1360890
  • Jan 11, 2019 Canceled
  • Jul 30, 2018 Price Change
    $295,000 (-11.9%)
  • Jul 13, 2018 Listed
    $335,000 (+570.0%)
  • Oct 2013
    mls logo MLS # 1060555
  • Oct 24, 2013 Sold
    $50,000 (-27.5%)
  • Jul 1, 2012 Listed
    $69,000
  • Year Property taxes Tax assessment
  • 2024
    $3,146 +2.9%
    $267,100
  • 2023
    $3,056 +13.1%
    $267,100
  • 2022
    $2,703 +11.2%
    $267,100
  • 2021
    $2,431 +68.4%
    $267,100 +69.05%
  • 2020
    $1,444
    $158,000
  • 2019
    $1,444
    $158,000
  • 516 Main Rd
    $190K
  • 04562
    $635K -15% y/y
  • Phippsburg
    $725K +11% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
504 Main Rd, Phippsburg, ME 04562 $691,000 3/1 960 0.04
511 Main Rd, Phippsburg, ME 04562 $527,000 3/1 984 0.04
527 Main Rd, Phippsburg, ME 04562 $439,000 3/2 1,404 0.08
537 Main Rd, Phippsburg, ME 04562 $690,000 4/1 936 0.11
525 Main Rd, Phippsburg, ME 04562 $717,000 5/2 936 0.15
550 Main Rd, Phippsburg, ME 04562 $726,000 3/2 895 0.17
478 Main Rd, Phippsburg, ME 04562 $526,000 —/— 0.19
35 Richardson Dr, Phippsburg, ME 04562 $575,000 3/2 896 0.22

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • ME
  • Sagadahoc County
  • Phippsburg
  • 04562
  • 516 Main Rd
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