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44 Allen Avenue Extension, Falmouth, ME, 04105

--beds
--baths
2,250sqft
$439,000
$195price/sqft
$3,120/moest. monthly cost
$124,800/yrincome needed

About This Home

A rare opportunity to reimagine a piece of local Falmouth history. This former fire station has been completely gutted and is ready for its next chapter. With its solid structure, open interior, and distinctive character, the property offers a blank canvas for investors, entrepreneurs, developers, or anyone with a vision. The building's spacious layout and unique architectural features create endless possibilities for redevelopment, and street frontage on the desirable Lower Falls Road in the Stapleford Neighborhood offers immediate upside. Use your imagination and explore possible options by consulting the town and Falmouth zoning ordinance. Whether you're looking to preserve its historic charm or transform it into something entirely new, this property provides the flexibility to bring your ideas to life. Opportunities like this are increasingly rare--a chance to own a landmark building and create something truly special. Bring your imagination and unlock the potential of this one-of-a-kind property.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

10/10
10/10
Falmouth Middle SchoolGrades 6-81.7 mi
9/10
Falmouth High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1923

Materials

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

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Features

  • Flooring: Concrete,Tile
  • Finished area below ground: 0
  • Finished area above ground: 2,250

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 2,250
  • Total interior livable area: 2,250 sqft

Property

Details

  • Parcel number: FMTHMU69B004
  • Zoning: RAm

Lot

  • Lot size: 0.49 Acres
  • Features: Near Shopping,Near Town,Neighborhood,Suburban,Other,Rolling Slope,Wooded

Parking

  • Total spaces: 2
  • Parking features: Paved,5 - 10 Spaces,On Site,Off Street,Storage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Ice Storm
Hurricane
Lightning
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 $2,219$26,628
Home Insurance $90$1,080
Property Taxes $484$5,808
Electricity $327$3,924
Total$3,120$37,440

Income You'd Need if You Spent...

35% on housing$106,971/yr
40% on housing$93,600/yr
45% on housing$83,200/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: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$195This listing

vs Other Active Listings

Avg $/sqft

ZIP 04105$476
Cumberland County$369

vs Homes Sold Last Month

Median $/sqft

ZIP 04105$334
Cumberland County$317

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)

Price History

DateEventPrice
2026-07-24Listed for sale$439,000

For Sale by Agent

AgentLucy Tucker
BrokerageKeller Williams Realty

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