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361 Peakes Hill Road, Dedham, ME, 04429

4beds
4baths
4,080sqft
$599,900
$147price/sqft
$4,823/moest. monthly cost
$192,920/yrincome needed

About This Home

Tucked into a private setting with the land behind the home protected in Tree Growth, this spacious 4BR, 2 full bath, 2 half bath Colonial offers the perfect combination of room to spread out and peace of mind that your backyard view will remain wooded and undeveloped. With more than 4,000 square feet of living space, there is plenty of room for everyday living, entertaining and working from home. Enter through the attached 2-car garage into a practical mudroom featuring a built-in bench with storage and a large closet. The main floor offers both formal living and dining rooms, while the heart of the home is the open kitchen and great room with propane fireplace. The kitchen provides additional seating space and easy access to the back deck overlooking the fenced backyard. Upstairs, the oversized primary suite includes a walk-in closet and a private bath with double vanities, jetted tub and separate shower. Three additional generously sized bedrooms, a full shared bath and convenient second-floor laundry complete the upper level. The daylight basement adds approximately 900 square feet of finished space, featuring a large family room with built-in bar, included pool table and half bath -- an ideal setup for entertaining, game nights or relaxing. You'll also find unfinished storage areas for utilities and cold storage, plus direct access to the backyard through sliding glass doors. Additional highlights include excellent insulation for energy efficiency, radiant heat, central vacuum and updated flooring throughout many rooms. The property includes frontage on Lotus Brook, which leads to Hurd Pond just beyond, and is eligible for beach club membership and an option of a boat mooring on Lucerne (Phillips Lake). This home was built and lovingly cared for by the same owners since 2000. Don't miss your chance - call for a showing today!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

9/10
Dedham SchoolGrades PK-82.3 mi

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Poured Concrete
  • Roof: Shingle
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Gas Range,Refrigerator,Washer
  • Laundry features: Built-Ins

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Interior Entry,Walk-Out Access,Daylight,Finished,Full

Bedroom2

  • Features: Closet
  • Level: Second
  • Area: 170.5
  • Dimensions: 15.5 x 11

Bedroom3

  • Features: Closet
  • Level: Second
  • Area: 156.25
  • Dimensions: 12.5 x 12.5

Bedroom4

  • Features: Closet
  • Level: Second
  • Area: 192
  • Dimensions: 16 x 12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Dining Room

  • Level: First
  • Area: 135
  • Dimensions: 13.5 x 10

Family Room

  • Level: Basement
  • Area: 900
  • Dimensions: 30 x 30

Features

  • Pantry,Walk-In Closet(s),Primary Bedroom w/Bath
  • Flooring: Carpet,Tile,Hardwood,Luxury Vinyl
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 900
  • Finished area above ground: 3,180

Great Room

  • Features: Gas Fireplace
  • Level: First
  • Area: 345
  • Dimensions: 23 x 15

Heating & Cooling

  • Heating features: Radiant
  • Cooling features: None

Interior Area

  • Total structure area: 4,080
  • Total interior livable area: 4,080 sqft

Kitchen

  • Features: Eat-in Kitchen
  • Level: First
  • Area: 267.8
  • Dimensions: 20.6 x 13

Laundry

  • Features: Built-in Features
  • Level: Second
  • Area: 76.5
  • Dimensions: 9 x 8.5

Living Room

  • Level: First
  • Area: 208
  • Dimensions: 16 x 13

Mud Room

  • Features: Closet
  • Level: First
  • Area: 49
  • Dimensions: 7 x 7

Primary Bedroom

  • Features: Full Bath,Walk-In Closet(s)
  • Level: Second
  • Area: 356.5
  • Dimensions: 23 x 15.5

Property

Details

  • Parcel number: DEDMM:0044L:2
  • Zoning: Resource Protection
  • Other equipment: Central Vacuum,Generator

Features

  • Patio & porch: Deck
  • On waterfront: Yes
  • Waterbody name: Lotus Brook
  • Frontage length: Waterfrontage: 855,Waterfrontage Owned: 855

Lot

  • Lot size: 3.20 Acres
  • Features: Rural,Level,Rolling Slope,Wooded

Parking

  • Total spaces: 2
  • Parking features: Gravel,5 - 10 Spaces,Garage Door Opener
  • 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 WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Cold Wave
Ice Storm
Lightning
Tsunami

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 $3,033$36,396
Home Insurance $225$2,700
Property Taxes $972$11,664
Electricity $593$7,116
Total$4,823$57,876

Income You'd Need if You Spent...

35% on housing$165,360/yr
40% on housing$144,690/yr
45% on housing$128,613/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: 10.2%
10.2%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$147This listing

vs Other Active Listings

Avg $/sqft

ZIP 04429$225
Hancock County$311

vs Homes Sold Last Month

Median $/sqft

ZIP 04429
Hancock County$217

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
2026-06-10Listed for sale$599,900

For Sale by Agent

AgentJoan Osler
BrokerageBetter Homes & Gardens Real Estate/The Masiello Group

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