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515 Paul Bunyan Road, Gouldsboro, ME, 04607

2beds
2baths
1,465sqft
$775,000
$529price/sqft
$5,499/moest. monthly cost
$219,960/yrincome needed

About This Home

Spectacular & private location with deep water frontage! Turnkey home with stunning views up and down Gouldsboro Bay. Enjoy magnificent views from the dining room and sunroom. Sit on the deck with waves nearby and a sea breeze in the air. This spacious two-bedroom post & beam home was built to the highest standards. The open floor plan and a cathedral ceiling give the home a spacious & relaxed feel. The open loft provides an extra space to extend the master suite. The loft could also be used for guest space, office/den, or hobby. A full & dry basement plus a two-car garage give you added workspace & storage. Yards on all sides provide a natural setting with just a few trees breaking up the mostly open space. Stepping onto the shore, you only need a short set of stairs. A perfect waterfront location for those wanting a rural setting within a short drive of Ellsworth/Bangor. Just over an hour to Bar Harbor & Acadia National Park .. and only 20 minutes to Winter Harbor & the Schoodic section of the Park..

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

3/10
Peninsula SchoolGrades PK-53.3 mi
2/10
Sumner Middle SchoolGrades 6-810.5 mi
4/10
Sumner Memorial High SchoolGrades 9-1210.5 mi

Construction

Condition

  • Year built: 1986

Materials

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

Type & Style

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

Interior

Appliances

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

Basement

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

Bedroom2

  • Level: First

Bedrooms & Bathrooms

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

Dining Room

  • Level: First

Features

  • 1st Floor Bedroom,Storage,Primary Bedroom w/Bath
  • Flooring: Wood
  • Finished area below ground: 0
  • Finished area above ground: 1,465

Heating & Cooling

  • Heating features: Forced Air,Wood Stove
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,465
  • Total interior livable area: 1,465 sqft

Kitchen

  • Level: First

Living Room

  • Features: Cathedral Ceiling(s),Heat Stove
  • Level: First

Loft

  • Features: Skylight
  • Level: Second

Primary Bedroom

  • Features: Cathedral Ceiling(s),Skylight,Suite
  • Level: Second

Sunroom

  • Level: First

Property

Details

  • Parcel number: GOULM055L013
  • Zoning: waterfront

Features

  • Patio & porch: Deck
  • Has view: Yes
  • View description: Scenic
  • On waterfront: Yes
  • Waterbody name: Gouldsboro Bay
  • Frontage length: Waterfrontage: 108,Waterfrontage Owned: 108

Lot

  • Lot size: 0.46 Acres
  • Features: Open Lot,Rolling Slope,Wooded

Parking

  • Total spaces: 2
  • Parking features: Gravel,1 - 4 Spaces
  • 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

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Ice Storm
Lightning
Winter Weather
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 $3,918$47,016
Home Insurance $318$3,816
Property Taxes $1,019$12,228
Electricity $244$2,930
Total$5,499$65,988

Income You'd Need if You Spent...

35% on housing$188,537/yr
40% on housing$164,970/yr
45% on housing$146,640/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

$529This listing

vs Other Active Listings

Avg $/sqft

ZIP 04607$216
Hancock County$308

vs Homes Sold Last Month

Median $/sqft

ZIP 04607
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
2026-05-10Listed for sale$775,000

For Sale by Agent

BrokeragePortside Real Estate Group

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