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381 Cedar Grove Road, Dresden, ME, 04342

2beds
3baths
2,000sqft
$750,000
$375price/sqft
$5,547/moest. monthly cost
$221,880/yrincome needed

About This Home

Stunning Kennebec River waterfront in Dresden. Enjoy exceptional Kennebec River frontage in the charming town of Dresden. This contemporary-style home built in 2006, with on demand generator and attached two car heated garage offers two spacious bedrooms, two full bathrooms and a convenient half bath. Inside, you will find vaulted ceilings, radiant heat, and beautiful custom woodwork throughout. The Kitchen features maple cabinetry, tile floors, and quality finishes that blend warmth and functionality. Expansive windows bring the river views indoors, creating a peaceful, light filled living space. Step outside to your private dock and float, perfect for boating, fishing, or simply relaxing by the water. A separate heated two-story barn with finished space on the second floor located across the street provides excellent additional storage or potential for future expansion. A rare opportunity to own premium Kennebec River frontage located on the Western Shore to enjoy the sunsets, with comfort, style, and space in picturesque Dresden.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

4/10
Dresden Elementary SchoolGrades PK-51.2 mi
7/10

Construction

Condition

  • Year built: 2006

Materials

  • Roof: Shingle
  • Construction materials: Wood Frame,Fiber Cement

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Ranch
  • Property subType: Single Family Residence

Interior

Appliances

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

Basement

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

Bedroom1

  • Level: Second

Bedroom2

  • Level: Second

Bedrooms & Bathrooms

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

Features

  • Shower,Walk-In Closet(s)
  • Flooring: Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 2,000

Heating & Cooling

  • Heating features: Hot Water,Radiant
  • Cooling features: None

Interior Area

  • Total structure area: 2,000
  • Total interior livable area: 2,000 sqft

Kitchen

  • Level: First

Laundry

  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: DRESM1L64
  • Zoning: Residential

Features

  • Patio & porch: Deck
  • Has view: Yes
  • View description: Scenic
  • On waterfront: Yes
  • Waterbody name: Kennebec River
  • Frontage length: Waterfrontage: 190,Waterfrontage Owned: 190

Lot

  • Lot size: 1 Acres
  • Features: Near Town,Level,Open Lot

Parking

  • Total spaces: 2
  • Parking features: Concrete,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

  • Ice Storm
    Ice StormVery High
  • Winter Weather
    Winter WeatherVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Winter Weather
Coastal Flooding
Hurricane
Lightning
Cold Wave
Inland Flooding
Strong Wind
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 $3,792$45,504
Home Insurance $245$2,940
Property Taxes $1,220$14,640
Electricity $290$3,488
Total$5,547$66,564

Income You'd Need if You Spent...

35% on housing$190,182/yr
40% on housing$166,410/yr
45% on housing$147,920/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: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -3.7%
-3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$375This listing

vs Other Active Listings

Avg $/sqft

ZIP 04342$341
Lincoln County$345

vs Homes Sold Last Month

Median $/sqft

ZIP 04342
Lincoln County$230

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
2026-03-05Listed for sale$795,000

For Sale by Agent

AgentKim Gleason
BrokerageMcAllister Real Estate

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