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94 Water Street, Castine, ME, 04421

3beds
4baths
3,000sqft
$1,300,000
$433price/sqft
$9,243/moest. monthly cost
$369,720/yrincome needed

About This Home

NEW LISTING ON CASTINE'S WATER STREET! ''Caledonia Cottage'' is a wonderful example of an historic 19th century cape that has charmed passers-by for generations. Fall in love with this cape that does it all! First floor primary bedroom suite, open country kitchen, two home office spaces, formal dining and living rooms, and two guest rooms upstairs. The garage has a seasonal nautical-inspired studio apartment that adds so much flexibility to the property. The views from the sunny deck out to the harbor full of boats are stunning. For privacy, there is a gorgeous back patio bordered by stacked stone and planted with perennials. Bask in late afternoon sun and enjoy back patio grilling sheltered from winds by the hill behind the house. This property includes a +/- 40 foot wide waterfront parcel across the street that has a staircase to the shore. What an ideal spot for enjoying the pedestrian-centered Castine Village. It is just steps to the yacht club and close to the town dock, as well as the golf and tennis club.

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

--
Adams SchoolGrades PK-80.3 mi

Construction

Condition

  • Year built: 1840

Materials

  • Foundation: Stone,Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Frame,Clapboard

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod,Cottage
  • Property subType: Single Family Residence

Interior

Appliances

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

Basement

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

Bedroom2

  • Level: Second

Bedroom3

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Dining Room

  • Features: Built-in Features
  • Level: First

Features

  • 1st Floor Primary Bedroom w/Bath,Primary Bedroom w/Bath
  • Flooring: Vinyl,Wood,Painted/Stained
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,000

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 3,000
  • Total interior livable area: 3,000 sqft

Kitchen

  • Features: Eat-in Kitchen,Kitchen Island
  • Level: First

Living Room

  • Features: Built-in Features,Formal,Gas Fireplace
  • Level: First

Loft

  • Features: Built-in Features
  • Level: Second

Office

  • Features: Built-in Features,Gas Fireplace
  • Level: First

Other

  • Features: Three-Season,Above Garage,Built-in Features
  • Level: First

Primary Bedroom

  • Features: Built-in Features,Full Bath
  • Level: First

Property

Details

  • Parcel number: CASTM24L049
  • Zoning: VII, Shoreland
  • Other equipment: Internet Access Available

Features

  • Patio & porch: Deck
  • Has view: Yes
  • View description: Scenic
  • On waterfront: Yes
  • Waterbody name: Oakum Bay
  • Frontage length: Waterfrontage: 40,Waterfrontage Owned: 40

Lot

  • Lot size: 0.55 Acres
  • Features: City Lot,Near Country Club,Near Golf Course,Near Public Beach,Near Shopping,Neighborhood,Landscaped

Parking

  • Total spaces: 1
  • Parking features: Paved,1 - 4 Spaces,Tandem,Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Ice Storm
Lightning
Cold Wave
Hurricane
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 $6,573$78,876
Home Insurance $1,157$13,884
Property Taxes $1,077$12,924
Electricity $436$5,232
Total$9,243$110,916

Income You'd Need if You Spent...

35% on housing$316,902/yr
40% on housing$277,290/yr
45% on housing$246,480/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

$433This listing

vs Other Active Listings

Avg $/sqft

ZIP 04421
Hancock County$308

vs Homes Sold Last Month

Median $/sqft

ZIP 04421
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)

Price History

DateEventPrice
2026-07-16Listed for sale$1,300,000
2011-09-16Sold$800,000

For Sale by Agent

BrokerageSaltmeadow Properties, Inc.

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