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18-22 Fortunes Rocks Road, Biddeford, ME, 04005

6beds
3baths
2,232sqft
$2,100,000
$941price/sqft
$13,865/moest. monthly cost
$554,600/yrincome needed

About This Home

Location, location! Investors Take Note! Steps to the Beach! Also reference MLS # 1673615 These three individual year round (18, 20, 22) Cottages have a Deeded Right of Way to Fortunes Rocks Beach. Each Cottage features 2 Bedrooms, one Bath, Livingroom with a Cozy Fireplace, Sunny Kitchen with Views of the Marsh on the backside of the property with lots of Wildlife to Observe. An enclosed Sunporch for Relaxing and Watching the Lazy Summer Days Roll By! There is at 2-3 Parking spots per Cottage. Your path to the Sandy Beach is directly across the street. The owner currently rents the Cottages to long term tenants on a month to month. There are no leases in place. Summer rentals would give you a great return and winter rentals would be ideal for College Students nearby. The University of New England less the 2 Miles away. These Three Cottages would also work great for your vacation property. Occupy one one Cottage and Rent out the other two for good income.! Showings can begin on Sunday July 26th.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

3/10
Biddeford Middle SchoolGrades 5-75.4 mi
5/10
Biddeford High SchoolGrades 8-126.5 mi
6/10

Construction

Condition

  • Year built: 1950

Materials

  • Roof: Shingle
  • Construction materials: Wood Frame,Shingle Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Ranch
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • 1st Floor Bedroom,One-Floor Living,Shower
  • Flooring: Carpet,Wood,Linoleum
  • Number of fireplaces: 3
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,232

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: None

Interior Area

  • Total structure area: 2,232
  • Total interior livable area: 2,232 sqft

Property

Details

  • Parcel number: BIDDM63L38
  • Zoning: CR
  • Other equipment: Cable

Features

  • Stories: 1
  • Patio & porch: Glassed-in Porch
  • Waterbody name: Atlantic Ocean

Lot

  • Lot size: 1.39 Acres
  • Features: Near Golf Course,Near Public Beach,Level,Open Lot

Parking

  • Parking features: Paved,5 - 10 Spaces,Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Earthquake
    EarthquakeModerate
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Ice Storm
Earthquake
Hurricane
Tsunami

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,618$127,416
Home Insurance $514$6,168
Property Taxes $2,409$28,908
Electricity $324$3,893
Total$13,865$166,380

Income You'd Need if You Spent...

35% on housing$475,371/yr
40% on housing$415,950/yr
45% on housing$369,733/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$941This listing

vs Other Active Listings

Avg $/sqft

ZIP 04005$375
York County$378

vs Homes Sold Last Month

Median $/sqft

ZIP 04005$312
York County$295

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-26Listed for sale$2,100,000

For Sale by Agent

AgentPaula B. Standley
BrokerageBetter Homes & Gardens Real Estate/The Masiello Group

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