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89 Water Street #2, Hallowell, ME, 04347

2beds
1baths
1,107sqft
$325,000
$294price/sqft
$2,242/moest. monthly cost
$89,680/yrincome needed

About This Home

Discover effortless downtown living in this stunning, fully furnished condo where timeless character meets modern luxury. Step inside to soaring ceilings and an expansive open-concept design that feels both elegant and welcoming—perfect for entertaining or unwinding in style. The spacious living area features refined pocket doors, offering versatility and a touch of classic sophistication. The chef-inspired kitchen shines with stainless steel appliances and sleek granite countertops, ideal for everyday cooking or hosting memorable gatherings. Both generously sized bedrooms provide peaceful retreats, each accented with beautiful original fireplaces that add warmth, charm, and a sense of history. Thoughtful conveniences abound, including a large pantry and in-unit laundry, making daily life easy and efficient. Move right in with confidence—this condo is offered fully furnished for immediate enjoyment. Even better, the condo fee covers heat, hot water, water, sewer, and rubbish removal, delivering exceptional value and stress-free living. Wake up to captivating views of the Kennebec River and the energy of Water Street, creating a vibrant backdrop to your downtown lifestyle. Rarely does a home combine comfort, convenience, character, and location so seamlessly. Don't miss this exceptional opportunity to own a true downtown gem. Schedule your private showing today and experience it for yourself.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

--
6/10

Construction

Condition

  • Year built: 1892

Materials

  • Foundation: Granite,Brick/Mortar
  • Roof: Flat,Membrane
  • Construction materials: Other,Brick

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Electric Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Full,Unfinished

Bedroom1

  • Features: Wood Burning Fireplace
  • Level: Second

Bedroom2

  • Features: Wood Burning Fireplace
  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • One-Floor Living,Shower,Walk-In Closet(s)
  • Flooring: Wood
  • Number of fireplaces: 2
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,107

Heating & Cooling

  • Heating features: Baseboard,Hot Water,Zoned
  • Cooling features: None

Interior Area

  • Total structure area: 1,107
  • Total interior livable area: 1,107 sqft

Kitchen

  • Features: Cathedral Ceiling(s),Eat-in Kitchen,Kitchen Island
  • Level: Second

Living Room

  • Features: Cathedral Ceiling(s)
  • Level: Second

Property

Details

  • Zoning: Residential

Features

  • Has view: Yes
  • View description: Scenic
  • Waterbody name: Kennebec River

Lot

  • Features: Business District,City Lot,Near Turnpike/Interstate,Corner Lot,Sidewalks

Parking

  • Parking features: No Driveway,On Site,Paved,Off Street,On Street
  • Has uncovered spaces: Yes

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Winter Weather
Coastal Flooding
Hurricane
Lightning

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe 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 $1,643$19,716
Home Insurance $74$888
Property Taxes $281$3,372
Electricity $244$2,930
Total$2,242$26,904

Income You'd Need if You Spent...

35% on housing$76,868/yr
40% on housing$67,260/yr
45% on housing$59,786/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: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$294This listing

vs Other Active Listings

Avg $/sqft

ZIP 04347$195
Kennebec County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 04347$234
Kennebec County$192

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
2026-04-29Listed for rent$2,000
2026-01-09Listed for sale$340,000
2025-05-29Sold$300,000
2025-05-12Pending sale$300,000
2025-04-28Listed for sale$300,000
2024-10-02Listing removed$340,000
2024-08-21Price change$340,000
2024-08-16Listed for sale$365,000
2024-07-30Pending sale$365,000
2024-07-19Price change$365,000
2024-05-16Listed for sale$385,000
2024-04-23Listing removed--
2024-04-16Price change$2,500
2024-04-14Price change$2,600
2024-04-12Listed for rent$2,500
2020-05-08Sold$250,000
2020-04-17Listed for sale$250,000

For Sale by Agent

AgentTanya Crawford
BrokerageEXP Realty

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